SUMILF Forecast - Simple Regression

86564CAC4   83.66  0.00  0.00%   
The Simple Regression forecasted value of SUMILF 3375 15 APR 81 on the next trading day is expected to be 88.61 with a mean absolute deviation of 1.45 and the sum of the absolute errors of 89.90. SUMILF Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SUMILF stock prices and determine the direction of SUMILF 3375 15 APR 81's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SUMILF's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through SUMILF price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

SUMILF Simple Regression Price Forecast For the 7th of April

Given 90 days horizon, the Simple Regression forecasted value of SUMILF 3375 15 APR 81 on the next trading day is expected to be 88.61 with a mean absolute deviation of 1.45, mean absolute percentage error of 3.86, and the sum of the absolute errors of 89.90.
Please note that although there have been many attempts to predict SUMILF 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 SUMILF's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SUMILF Bond Forecast Pattern

JavaScript chart by amCharts 3.21.15Jun 21Aug 9Oct 5Jan 16Mar 26Jun 27Sep 3Oct 23Jan 7Jun 308284868890
JavaScript chart by amCharts 3.21.15SUMILF 3375 15 SUMILF 3375 15 forecast

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of SUMILF bond data series using in forecasting. Note that when a statistical model is used to represent SUMILF 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 Criteria121.2978
BiasArithmetic mean of the errors None
MADMean absolute deviation1.45
MAPEMean absolute percentage error0.0169
SAESum of the absolute errors89.8971
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as SUMILF 3375 15 APR 81 historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for SUMILF

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SUMILF 3375 15. 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
83.6683.6683.66
Details
Intrinsic
Valuation
LowRealHigh
75.2985.2085.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SUMILF. Your research has to be compared to or analyzed against SUMILF's peers to derive any actionable benefits. When done correctly, SUMILF'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 SUMILF 3375 15.

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

SUMILF Market Strength Events

Market strength indicators help investors to evaluate how SUMILF bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SUMILF shares will generate the highest return on investment. By undertsting and applying SUMILF bond market strength indicators, traders can identify SUMILF 3375 15 APR 81 entry and exit signals to maximize returns.

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 SUMILF Bond

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