TenX Keane Stock Forecast - Polynomial Regression

TENKDelisted Stock   3.20  0.15  4.48%   
The Polynomial Regression forecasted value of TenX Keane Acquisition on the next trading day is expected to be 30.30 with a mean absolute deviation of 3.51 and the sum of the absolute errors of 214.30. TenX Stock Forecast is based on your current time horizon.
  
TenX Keane polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for TenX Keane Acquisition as well as the accuracy indicators are determined from the period prices.

TenX Keane Polynomial Regression Price Forecast For the 25th of November

Given 90 days horizon, the Polynomial Regression forecasted value of TenX Keane Acquisition on the next trading day is expected to be 30.30 with a mean absolute deviation of 3.51, mean absolute percentage error of 50.41, and the sum of the absolute errors of 214.30.
Please note that although there have been many attempts to predict TenX 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 TenX Keane's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

TenX Keane Stock Forecast Pattern

Backtest TenX KeaneTenX Keane Price PredictionBuy or Sell Advice 

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 TenX Keane stock data series using in forecasting. Note that when a statistical model is used to represent TenX Keane 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 Criteria122.0306
BiasArithmetic mean of the errors None
MADMean absolute deviation3.5131
MAPEMean absolute percentage error0.3943
SAESum of the absolute errors214.3004
A single variable polynomial regression model attempts to put a curve through the TenX Keane 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 TenX Keane

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TenX Keane Acquisition. 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
3.203.203.20
Details
Intrinsic
Valuation
LowRealHigh
3.043.043.52
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-19.5315.6350.80
Details

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

TenX Keane Market Strength Events

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Consideration for investing in TenX Stock

If you are still planning to invest in TenX Keane Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TenX Keane's history and understand the potential risks before investing.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Global Correlations
Find global opportunities by holding instruments from different markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Insider Screener
Find insiders across different sectors to evaluate their impact on performance