Trada Maritime Stock Forecast - Polynomial Regression

TRAM Stock  IDR 50.00  0.00  0.00%   
The Polynomial Regression forecasted value of Trada Maritime Tbk on the next trading day is expected to be 50.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Trada Stock Forecast is based on your current time horizon.
  
Trada Maritime polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Trada Maritime Tbk as well as the accuracy indicators are determined from the period prices.

Trada Maritime Polynomial Regression Price Forecast For the 14th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Trada Maritime Tbk on the next trading day is expected to be 50.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Trada 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 Trada Maritime's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Trada Maritime Stock Forecast Pattern

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Trada Maritime Forecasted Value

In the context of forecasting Trada Maritime'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. Trada Maritime's downside and upside margins for the forecasting period are 50.00 and 50.00, respectively. We have considered Trada Maritime'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
50.00
50.00
Expected Value
50.00
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 Trada Maritime stock data series using in forecasting. Note that when a statistical model is used to represent Trada Maritime 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
A single variable polynomial regression model attempts to put a curve through the Trada Maritime 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 Trada Maritime

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trada Maritime 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
LowEstimatedHigh
50.0050.0050.00
Details
Intrinsic
Valuation
LowRealHigh
50.0050.0050.00
Details

Other Forecasting Options for Trada Maritime

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

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

Trada Maritime 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 Trada Maritime'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 Trada Maritime's current price.

Trada Maritime Market Strength Events

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

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Other Information on Investing in Trada Stock

Trada Maritime financial ratios help investors to determine whether Trada 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 Trada with respect to the benefits of owning Trada Maritime security.