Transcoal Pacific Stock Forecast - Simple Regression

Simple Regression model is a single variable regression model that attempts to put a straight line through Transcoal Pacific price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Transcoal Pacific Simple Regression Price Forecast For the 24th of November

Given 90 days horizon, the Simple Regression forecasted value of Transcoal Pacific Tbk on the next trading day is expected to be 7,062 with a mean absolute deviation of 109.45, mean absolute percentage error of 19,495, and the sum of the absolute errors of 6,677.

Transcoal Pacific Stock Forecast Pattern

Backtest Transcoal Pacific

Transcoal Pacific Price Prediction

Buy or Sell Advice

Transcoal Pacific Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Transcoal Pacific stock data series using in forecasting. Note that when a statistical model is used to represent Transcoal Pacific 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Transcoal Pacific Tbk historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Transcoal Pacific

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Transcoal Pacific Tbk. 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 Low Estimated High 6,898 6,900 6,902 Details

Intrinsic Valuation Low Real High 5,905 5,906 7,590 Details

Bollinger Band Projection (param) Low Middle High 6,896 7,106 7,317 Details

Other Forecasting Options for Transcoal Pacific

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

Transcoal Pacific Related Equities

Risk & Return

Correlation

Transcoal Pacific Tbk 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 Transcoal Pacific'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 Transcoal Pacific's current price.

Transcoal Pacific Market Strength Events

Transcoal Pacific Risk Indicators

Other Information on Investing in Transcoal Stock