191216CM0 Forecast - Polynomial Regression

191216CM0   87.41  2.32  2.59%   
The Polynomial Regression forecasted value of COCA COLA CO on the next trading day is expected to be 86.73 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.85. 191216CM0 Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 191216CM0 stock prices and determine the direction of COCA COLA CO's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 191216CM0's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
191216CM0 polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for COCA COLA CO as well as the accuracy indicators are determined from the period prices.

191216CM0 Polynomial Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Polynomial Regression forecasted value of COCA COLA CO on the next trading day is expected to be 86.73 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.37, and the sum of the absolute errors of 28.85.
Please note that although there have been many attempts to predict 191216CM0 Bond 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 191216CM0's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

191216CM0 Bond Forecast Pattern

Backtest 191216CM0191216CM0 Price PredictionBuy or Sell Advice 

191216CM0 Forecasted Value

In the context of forecasting 191216CM0's Bond 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. 191216CM0's downside and upside margins for the forecasting period are 86.15 and 87.30, respectively. We have considered 191216CM0'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
87.41
86.73
Expected Value
87.30
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 191216CM0 bond data series using in forecasting. Note that when a statistical model is used to represent 191216CM0 bond, 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 Criteria118.9516
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4653
MAPEMean absolute percentage error0.0052
SAESum of the absolute errors28.8509
A single variable polynomial regression model attempts to put a curve through the 191216CM0 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 191216CM0

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COCA A CO. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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
86.8487.4187.98
Details
Intrinsic
Valuation
LowRealHigh
76.2376.8096.15
Details
Bollinger
Band Projection (param)
LowMiddleHigh
86.3089.0991.87
Details

Other Forecasting Options for 191216CM0

For every potential investor in 191216CM0, whether a beginner or expert, 191216CM0's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 191216CM0 Bond price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 191216CM0. Basic forecasting techniques help filter out the noise by identifying 191216CM0's price trends.

191216CM0 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 191216CM0 bond to make a market-neutral strategy. Peer analysis of 191216CM0 could also be used in its relative valuation, which is a method of valuing 191216CM0 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

COCA A CO Technical and Predictive Analytics

The bond market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of 191216CM0'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 191216CM0's current price.

191216CM0 Market Strength Events

Market strength indicators help investors to evaluate how 191216CM0 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 191216CM0 shares will generate the highest return on investment. By undertsting and applying 191216CM0 bond market strength indicators, traders can identify COCA COLA CO entry and exit signals to maximize returns.

191216CM0 Risk Indicators

The analysis of 191216CM0'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 191216CM0's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 191216cm0 bond 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. One of the essential factors to consider when estimating the risk of default for a bond instrument is its duration, which is the bond's price sensitivity to changes in interest rates. The duration of COCA COLA CO bond is primarily affected by its yield, coupon rate, and time to maturity. The duration of a bond will be higher the lower its coupon, lower its yield, and longer the time left to maturity.
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.

Other Information on Investing in 191216CM0 Bond

191216CM0 financial ratios help investors to determine whether 191216CM0 Bond 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 191216CM0 with respect to the benefits of owning 191216CM0 security.