Presidio Property Preferred Stock Forecast - Polynomial Regression

SQFTP Preferred Stock  USD 14.50  0.09  0.62%   
The Polynomial Regression forecasted value of Presidio Property Trust on the next trading day is expected to be 14.61 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.30. Presidio Preferred Stock Forecast is based on your current time horizon.
  
Presidio Property polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Presidio Property Trust as well as the accuracy indicators are determined from the period prices.

Presidio Property Polynomial Regression Price Forecast For the 27th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Presidio Property Trust on the next trading day is expected to be 14.61 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.09, and the sum of the absolute errors of 13.30.
Please note that although there have been many attempts to predict Presidio Preferred Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Presidio Property's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Presidio Property Preferred Stock Forecast Pattern

Backtest Presidio PropertyPresidio Property Price PredictionBuy or Sell Advice 

Presidio Property Forecasted Value

In the context of forecasting Presidio Property's Preferred Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Presidio Property's downside and upside margins for the forecasting period are 12.98 and 16.23, respectively. We have considered Presidio Property's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
14.50
14.61
Expected Value
16.23
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Presidio Property preferred stock data series using in forecasting. Note that when a statistical model is used to represent Presidio Property preferred stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria115.7154
BiasArithmetic mean of the errors None
MADMean absolute deviation0.218
MAPEMean absolute percentage error0.0152
SAESum of the absolute errors13.2953
A single variable polynomial regression model attempts to put a curve through the Presidio Property historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Presidio Property

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Presidio Property Trust. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Presidio Property's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.8914.5016.11
Details
Intrinsic
Valuation
LowRealHigh
10.5212.1315.95
Details
Bollinger
Band Projection (param)
LowMiddleHigh
13.9314.2714.61
Details

Other Forecasting Options for Presidio Property

For every potential investor in Presidio, whether a beginner or expert, Presidio Property's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Presidio Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Presidio. Basic forecasting techniques help filter out the noise by identifying Presidio Property's price trends.

Presidio Property Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Presidio Property preferred stock to make a market-neutral strategy. Peer analysis of Presidio Property could also be used in its relative valuation, which is a method of valuing Presidio Property by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Presidio Property Trust Technical and Predictive Analytics

The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Presidio Property's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Presidio Property's current price.

Presidio Property Market Strength Events

Market strength indicators help investors to evaluate how Presidio Property preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Presidio Property shares will generate the highest return on investment. By undertsting and applying Presidio Property preferred stock market strength indicators, traders can identify Presidio Property Trust entry and exit signals to maximize returns.

Presidio Property Risk Indicators

The analysis of Presidio Property's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Presidio Property's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting presidio preferred stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Pair Trading with Presidio Property

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Presidio Property position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Presidio Property will appreciate offsetting losses from the drop in the long position's value.

Moving against Presidio Preferred Stock

  0.67MDV-PA Modiv IncPairCorr
  0.64CTO-PA CTO Realty GrowthPairCorr
  0.56GOOD Gladstone CommercialPairCorr
  0.53AAT American Assets TrustPairCorr
  0.52NXDT-PA NexPoint Diversified RealPairCorr
The ability to find closely correlated positions to Presidio Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Presidio Property when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Presidio Property - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Presidio Property Trust to buy it.
The correlation of Presidio Property is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Presidio Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Presidio Property Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Presidio Property can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Presidio Preferred Stock Analysis

When running Presidio Property's price analysis, check to measure Presidio Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Presidio Property is operating at the current time. Most of Presidio Property's value examination focuses on studying past and present price action to predict the probability of Presidio Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Presidio Property's price. Additionally, you may evaluate how the addition of Presidio Property to your portfolios can decrease your overall portfolio volatility.