Vestel Beyaz Stock Forecast - Polynomial Regression

VESBE Stock  TRY 16.98  0.20  1.19%   
The Polynomial Regression forecasted value of Vestel Beyaz Esya on the next trading day is expected to be 16.65 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 17.36. Vestel Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Vestel Beyaz's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Vestel Beyaz polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Vestel Beyaz Esya as well as the accuracy indicators are determined from the period prices.

Vestel Beyaz Polynomial Regression Price Forecast For the 24th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Vestel Beyaz Esya on the next trading day is expected to be 16.65 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.13, and the sum of the absolute errors of 17.36.
Please note that although there have been many attempts to predict Vestel 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 Vestel Beyaz's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Vestel Beyaz Stock Forecast Pattern

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Vestel Beyaz Forecasted Value

In the context of forecasting Vestel Beyaz'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. Vestel Beyaz's downside and upside margins for the forecasting period are 14.97 and 18.33, respectively. We have considered Vestel Beyaz'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
16.98
16.65
Expected Value
18.33
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 Vestel Beyaz stock data series using in forecasting. Note that when a statistical model is used to represent Vestel Beyaz 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 Criteria116.1043
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2847
MAPEMean absolute percentage error0.0164
SAESum of the absolute errors17.3648
A single variable polynomial regression model attempts to put a curve through the Vestel Beyaz 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 Vestel Beyaz

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vestel Beyaz Esya. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vestel Beyaz's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
15.3016.9818.66
Details
Intrinsic
Valuation
LowRealHigh
15.5917.2718.95
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.4716.8417.21
Details

Other Forecasting Options for Vestel Beyaz

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

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

Vestel Beyaz Esya 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 Vestel Beyaz'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 Vestel Beyaz's current price.

Vestel Beyaz Market Strength Events

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

Vestel Beyaz Risk Indicators

The analysis of Vestel Beyaz'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 Vestel Beyaz's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vestel 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Vestel Stock

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