24703DBJ9 Forecast - Polynomial Regression

24703DBJ9   98.79  2.82  2.78%   
The Polynomial Regression forecasted value of DELL 525 01 FEB 28 on the next trading day is expected to be 100.10 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 23.69. 24703DBJ9 Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 24703DBJ9 stock prices and determine the direction of DELL 525 01 FEB 28's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 24703DBJ9's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
24703DBJ9 polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for DELL 525 01 FEB 28 as well as the accuracy indicators are determined from the period prices.

24703DBJ9 Polynomial Regression Price Forecast For the 1st of December

Given 90 days horizon, the Polynomial Regression forecasted value of DELL 525 01 FEB 28 on the next trading day is expected to be 100.10 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.28, and the sum of the absolute errors of 23.69.
Please note that although there have been many attempts to predict 24703DBJ9 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 24703DBJ9's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

24703DBJ9 Bond Forecast Pattern

24703DBJ9 Forecasted Value

In the context of forecasting 24703DBJ9'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. 24703DBJ9's downside and upside margins for the forecasting period are 99.67 and 100.54, respectively. We have considered 24703DBJ9'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
98.79
100.10
Expected Value
100.54
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 24703DBJ9 bond data series using in forecasting. Note that when a statistical model is used to represent 24703DBJ9 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 Criteria118.6705
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3821
MAPEMean absolute percentage error0.0038
SAESum of the absolute errors23.6873
A single variable polynomial regression model attempts to put a curve through the 24703DBJ9 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 24703DBJ9

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DELL 525 01. 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
98.3598.7999.23
Details
Intrinsic
Valuation
LowRealHigh
94.5895.02108.67
Details
Bollinger
Band Projection (param)
LowMiddleHigh
98.74100.95103.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 24703DBJ9. Your research has to be compared to or analyzed against 24703DBJ9's peers to derive any actionable benefits. When done correctly, 24703DBJ9's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in DELL 525 01.

Other Forecasting Options for 24703DBJ9

For every potential investor in 24703DBJ9, whether a beginner or expert, 24703DBJ9's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 24703DBJ9 Bond price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 24703DBJ9. Basic forecasting techniques help filter out the noise by identifying 24703DBJ9's price trends.

24703DBJ9 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 24703DBJ9 bond to make a market-neutral strategy. Peer analysis of 24703DBJ9 could also be used in its relative valuation, which is a method of valuing 24703DBJ9 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

DELL 525 01 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 24703DBJ9'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 24703DBJ9's current price.

24703DBJ9 Market Strength Events

Market strength indicators help investors to evaluate how 24703DBJ9 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 24703DBJ9 shares will generate the highest return on investment. By undertsting and applying 24703DBJ9 bond market strength indicators, traders can identify DELL 525 01 FEB 28 entry and exit signals to maximize returns.

24703DBJ9 Risk Indicators

The analysis of 24703DBJ9'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 24703DBJ9's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 24703dbj9 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 DELL 525 01 FEB 28 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 24703DBJ9 Bond

24703DBJ9 financial ratios help investors to determine whether 24703DBJ9 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 24703DBJ9 with respect to the benefits of owning 24703DBJ9 security.