US FOODS Stock Forecast - Polynomial Regression

UFH Stock  EUR 67.00  1.00  1.52%   
The Polynomial Regression forecasted value of US FOODS HOLDING on the next trading day is expected to be 69.42 with a mean absolute deviation of 0.99 and the sum of the absolute errors of 60.57. UFH Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast US FOODS stock prices and determine the direction of US FOODS HOLDING's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of US FOODS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
US FOODS polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for US FOODS HOLDING as well as the accuracy indicators are determined from the period prices.

US FOODS Polynomial Regression Price Forecast For the 1st of December

Given 90 days horizon, the Polynomial Regression forecasted value of US FOODS HOLDING on the next trading day is expected to be 69.42 with a mean absolute deviation of 0.99, mean absolute percentage error of 1.45, and the sum of the absolute errors of 60.57.
Please note that although there have been many attempts to predict UFH 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 US FOODS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

US FOODS Stock Forecast Pattern

Backtest US FOODSUS FOODS Price PredictionBuy or Sell Advice 

US FOODS Forecasted Value

In the context of forecasting US FOODS'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. US FOODS's downside and upside margins for the forecasting period are 67.87 and 70.96, respectively. We have considered US FOODS'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
67.00
69.42
Expected Value
70.96
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 US FOODS stock data series using in forecasting. Note that when a statistical model is used to represent US FOODS 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 Criteria118.4821
BiasArithmetic mean of the errors None
MADMean absolute deviation0.993
MAPEMean absolute percentage error0.0169
SAESum of the absolute errors60.5729
A single variable polynomial regression model attempts to put a curve through the US FOODS 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 US FOODS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as US FOODS HOLDING. 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
65.4667.0068.54
Details
Intrinsic
Valuation
LowRealHigh
60.3074.4976.03
Details
Bollinger
Band Projection (param)
LowMiddleHigh
61.1565.1569.15
Details

Other Forecasting Options for US FOODS

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

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

US FOODS HOLDING 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 US FOODS'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 US FOODS's current price.

US FOODS Market Strength Events

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

US FOODS Risk Indicators

The analysis of US FOODS'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 US FOODS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ufh 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.

Additional Information and Resources on Investing in UFH Stock

When determining whether US FOODS HOLDING is a strong investment it is important to analyze US FOODS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact US FOODS's future performance. For an informed investment choice regarding UFH Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of US FOODS to cross-verify your projections.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between US FOODS's value and its price as these two are different measures arrived at by different means. Investors typically determine if US FOODS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US FOODS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.