ATIF Holdings Stock Forecast - Polynomial Regression

ZBAI Stock   1.14  0.05  4.20%   
The Polynomial Regression forecasted value of ATIF Holdings Limited on the next trading day is expected to be 0.61 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 5.16. ATIF Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ATIF Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
ATIF Holdings polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for ATIF Holdings Limited as well as the accuracy indicators are determined from the period prices.

ATIF Holdings Polynomial Regression Price Forecast For the 2nd of February

Given 90 days horizon, the Polynomial Regression forecasted value of ATIF Holdings Limited on the next trading day is expected to be 0.61 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.04, and the sum of the absolute errors of 5.16.
Please note that although there have been many attempts to predict ATIF 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 ATIF Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ATIF Holdings Stock Forecast Pattern

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ATIF Holdings Forecasted Value

In the context of forecasting ATIF Holdings' 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. ATIF Holdings' downside and upside margins for the forecasting period are 0.01 and 12.67, respectively. We have considered ATIF Holdings' 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
1.14
0.61
Expected Value
12.67
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 ATIF Holdings stock data series using in forecasting. Note that when a statistical model is used to represent ATIF Holdings 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 Criteria65.2217
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1518
MAPEMean absolute percentage error0.1247
SAESum of the absolute errors5.1628
A single variable polynomial regression model attempts to put a curve through the ATIF Holdings 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 ATIF Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ATIF Holdings Limited. 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
LowEstimatedHigh
0.051.0313.09
Details
Intrinsic
Valuation
LowRealHigh
0.051.0413.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ATIF Holdings. Your research has to be compared to or analyzed against ATIF Holdings' peers to derive any actionable benefits. When done correctly, ATIF Holdings' 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 ATIF Holdings Limited.

Other Forecasting Options for ATIF Holdings

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

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

ATIF Holdings Limited 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 ATIF Holdings' 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 ATIF Holdings' current price.

ATIF Holdings Market Strength Events

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

ATIF Holdings Risk Indicators

The analysis of ATIF Holdings' 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 ATIF Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting atif 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.

Currently Active Assets on Macroaxis

When determining whether ATIF Holdings Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATIF Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atif Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atif Holdings Limited Stock:
Check out Historical Fundamental Analysis of ATIF Holdings to cross-verify your projections.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Business Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATIF Holdings. If investors know ATIF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATIF Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ATIF Holdings Limited is measured differently than its book value, which is the value of ATIF that is recorded on the company's balance sheet. Investors also form their own opinion of ATIF Holdings' value that differs from its market value or its book value, called intrinsic value, which is ATIF Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATIF Holdings' market value can be influenced by many factors that don't directly affect ATIF Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATIF Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ATIF Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATIF Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.