Seritage Growth Preferred Stock Forecast - Polynomial Regression

SRG-PA Preferred Stock  USD 22.08  0.11  0.50%   
The Polynomial Regression forecasted value of Seritage Growth Properties on the next trading day is expected to be 22.26 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.40. Seritage Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Seritage Growth stock prices and determine the direction of Seritage Growth Properties's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Seritage Growth's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Seritage Growth polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Seritage Growth Properties as well as the accuracy indicators are determined from the period prices.

Seritage Growth Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Seritage Growth Properties on the next trading day is expected to be 22.26 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.08, and the sum of the absolute errors of 13.40.
Please note that although there have been many attempts to predict Seritage 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 Seritage Growth's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Seritage Growth Preferred Stock Forecast Pattern

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Seritage Growth Forecasted Value

In the context of forecasting Seritage Growth'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. Seritage Growth's downside and upside margins for the forecasting period are 20.80 and 23.72, respectively. We have considered Seritage Growth'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
22.08
22.26
Expected Value
23.72
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 Seritage Growth preferred stock data series using in forecasting. Note that when a statistical model is used to represent Seritage Growth 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 Criteria117.404
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2161
MAPEMean absolute percentage error0.0098
SAESum of the absolute errors13.3999
A single variable polynomial regression model attempts to put a curve through the Seritage Growth 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 Seritage Growth

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Seritage Growth Prop. 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.
Hype
Prediction
LowEstimatedHigh
20.6222.0823.54
Details
Intrinsic
Valuation
LowRealHigh
17.0918.5524.29
Details

Other Forecasting Options for Seritage Growth

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

Seritage Growth 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 Seritage Growth preferred stock to make a market-neutral strategy. Peer analysis of Seritage Growth could also be used in its relative valuation, which is a method of valuing Seritage Growth by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Seritage Growth Prop 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 Seritage Growth'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 Seritage Growth's current price.

Seritage Growth Market Strength Events

Market strength indicators help investors to evaluate how Seritage Growth 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 Seritage Growth shares will generate the highest return on investment. By undertsting and applying Seritage Growth preferred stock market strength indicators, traders can identify Seritage Growth Properties entry and exit signals to maximize returns.

Seritage Growth Risk Indicators

The analysis of Seritage Growth'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 Seritage Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting seritage 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Seritage Preferred Stock

Seritage Growth financial ratios help investors to determine whether Seritage Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Seritage with respect to the benefits of owning Seritage Growth security.