Yancoal Australia Stock Forecast - Simple Regression

Yancoal Australia Additional Predictive Modules

Most predictive techniques to examine Yancoal price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Yancoal using various technical indicators. When you analyze Yancoal charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Simple Regression model is a single variable regression model that attempts to put a straight line through Yancoal Australia 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.

Yancoal Australia Simple Regression Price Forecast For the 24th of January

Given 90 days horizon, the Simple Regression forecasted value of Yancoal Australia on the next trading day is expected to be 3.06 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.68.

Yancoal Australia Stock Forecast Pattern

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Yancoal Australia Price Prediction

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Yancoal Australia Forecasted Value

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 Yancoal Australia stock data series using in forecasting. Note that when a statistical model is used to represent Yancoal Australia 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. 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 Yancoal Australia 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 Yancoal Australia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yancoal Australia. 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 Low Estimated High 1.14 3.50 5.86 Details

Intrinsic Valuation Low Real High 0.95 3.31 5.67 Details

Bollinger Band Projection (param) Low Middle High 2.62 3.00 3.39 Details

Yancoal Australia After-Hype Price Prediction Density Analysis

Yancoal Australia Estimiated After-Hype Price Volatility

Yancoal Australia Stock Price Prediction Analysis

Yancoal Australia Hype Timeline

Yancoal Australia is at this time traded for 3.50on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Yancoal is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at 0.27%. %. The volatility of related hype on Yancoal Australia is about 0.0%, with the expected price after the next announcement by competition of 3.50. About 82.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.12. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Yancoal Australia last dividend was issued on the 14th of March 2023. The entity had 1:35 split on the 28th of September 2018. Assuming the 90 days horizon the next estimated press release will be any time. Check out Historical Fundamental Analysis of Yancoal Australia to cross-verify your projections.

Yancoal Australia Related Hype Analysis

Other Forecasting Options for Yancoal Australia

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

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