STANDARD CHARTUNSPADR/2 Stock Forecast - Polynomial Regression

STD0 Stock  EUR 26.80  0.40  1.47%   
The Polynomial Regression forecasted value of STANDARD CHARTUNSPADR2 on the next trading day is expected to be 26.18 with a mean absolute deviation of 0.82 and the sum of the absolute errors of 50.74. STANDARD Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of STANDARD CHARTUNSPADR/2's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
STANDARD CHARTUNSPADR/2 polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for STANDARD CHARTUNSPADR2 as well as the accuracy indicators are determined from the period prices.

STANDARD CHARTUNSPADR/2 Polynomial Regression Price Forecast For the 22nd of March

Given 90 days horizon, the Polynomial Regression forecasted value of STANDARD CHARTUNSPADR2 on the next trading day is expected to be 26.18 with a mean absolute deviation of 0.82, mean absolute percentage error of 1.68, and the sum of the absolute errors of 50.74.
Please note that although there have been many attempts to predict STANDARD 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 STANDARD CHARTUNSPADR/2's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

STANDARD CHARTUNSPADR/2 Stock Forecast Pattern

JavaScript chart by amCharts 3.21.15Jan 3Jan 13Jan 21Jan 29Feb 6Feb 14Feb 24Mar 4Mar 12Mar 20222426283032
JavaScript chart by amCharts 3.21.15STANDARD CHARTUNSPADR/2 STANDARD CHARTUNSPADR/2 forecast
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STANDARD CHARTUNSPADR/2 Forecasted Value

In the context of forecasting STANDARD CHARTUNSPADR/2's 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. STANDARD CHARTUNSPADR/2's downside and upside margins for the forecasting period are 23.23 and 29.13, respectively. We have considered STANDARD CHARTUNSPADR/2'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
26.80
26.18
Expected Value
29.13
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 STANDARD CHARTUNSPADR/2 stock data series using in forecasting. Note that when a statistical model is used to represent STANDARD CHARTUNSPADR/2 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 Criteria120.4675
BiasArithmetic mean of the errors None
MADMean absolute deviation0.8183
MAPEMean absolute percentage error0.0302
SAESum of the absolute errors50.7354
A single variable polynomial regression model attempts to put a curve through the STANDARD CHARTUNSPADR/2 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 STANDARD CHARTUNSPADR/2

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as STANDARD CHARTUNSPADR/2. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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
0.000.002.92
Details
Intrinsic
Valuation
LowRealHigh
0.000.002.92
Details
Bollinger
Band Projection (param)
LowMiddleHigh
23.7728.1132.45
Details

Other Forecasting Options for STANDARD CHARTUNSPADR/2

For every potential investor in STANDARD, whether a beginner or expert, STANDARD CHARTUNSPADR/2's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. STANDARD Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in STANDARD. Basic forecasting techniques help filter out the noise by identifying STANDARD CHARTUNSPADR/2's price trends.

STANDARD CHARTUNSPADR/2 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 STANDARD CHARTUNSPADR/2 stock to make a market-neutral strategy. Peer analysis of STANDARD CHARTUNSPADR/2 could also be used in its relative valuation, which is a method of valuing STANDARD CHARTUNSPADR/2 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

STANDARD CHARTUNSPADR/2 Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of STANDARD CHARTUNSPADR/2'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 STANDARD CHARTUNSPADR/2's current price.

STANDARD CHARTUNSPADR/2 Market Strength Events

Market strength indicators help investors to evaluate how STANDARD CHARTUNSPADR/2 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STANDARD CHARTUNSPADR/2 shares will generate the highest return on investment. By undertsting and applying STANDARD CHARTUNSPADR/2 stock market strength indicators, traders can identify STANDARD CHARTUNSPADR2 entry and exit signals to maximize returns.

STANDARD CHARTUNSPADR/2 Risk Indicators

The analysis of STANDARD CHARTUNSPADR/2'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 STANDARD CHARTUNSPADR/2's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting standard 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.

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Other Information on Investing in STANDARD Stock

STANDARD CHARTUNSPADR/2 financial ratios help investors to determine whether STANDARD 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 STANDARD with respect to the benefits of owning STANDARD CHARTUNSPADR/2 security.