Dosni Roha Stock Forecast - Polynomial Regression

ZBRA Stock  IDR 76.00  4.00  5.00%   
The Polynomial Regression forecasted value of Dosni Roha Indonesia on the next trading day is expected to be 72.46 with a mean absolute deviation of 3.60 and the sum of the absolute errors of 223.22. Dosni Stock Forecast is based on your current time horizon.
  
Dosni Roha polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Dosni Roha Indonesia as well as the accuracy indicators are determined from the period prices.

Dosni Roha Polynomial Regression Price Forecast For the 30th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Dosni Roha Indonesia on the next trading day is expected to be 72.46 with a mean absolute deviation of 3.60, mean absolute percentage error of 25.12, and the sum of the absolute errors of 223.22.
Please note that although there have been many attempts to predict Dosni 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 Dosni Roha's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dosni Roha Stock Forecast Pattern

Backtest Dosni RohaDosni Roha Price PredictionBuy or Sell Advice 

Dosni Roha Forecasted Value

In the context of forecasting Dosni Roha'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. Dosni Roha's downside and upside margins for the forecasting period are 66.68 and 78.25, respectively. We have considered Dosni Roha'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
76.00
72.46
Expected Value
78.25
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 Dosni Roha stock data series using in forecasting. Note that when a statistical model is used to represent Dosni Roha 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 Criteria123.172
BiasArithmetic mean of the errors None
MADMean absolute deviation3.6003
MAPEMean absolute percentage error0.0332
SAESum of the absolute errors223.2188
A single variable polynomial regression model attempts to put a curve through the Dosni Roha 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 Dosni Roha

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dosni Roha Indonesia. 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
70.2676.0081.74
Details
Intrinsic
Valuation
LowRealHigh
58.1063.8483.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
72.0993.96115.83
Details

Other Forecasting Options for Dosni Roha

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

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

Dosni Roha Indonesia 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 Dosni Roha'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 Dosni Roha's current price.

Dosni Roha Market Strength Events

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

Dosni Roha Risk Indicators

The analysis of Dosni Roha'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 Dosni Roha's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dosni 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.

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Other Information on Investing in Dosni Stock

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