Rough Rice Commodity Forecast - Polynomial Regression
| ZRUSD Commodity | 15.13 0.19 1.27% |
Rough |
Rough Rice Polynomial Regression Price Forecast For the 28th of November
Given 90 days horizon, the Polynomial Regression forecasted value of Rough Rice Futures on the next trading day is expected to be 15.28 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.03, and the sum of the absolute errors of 9.11.Please note that although there have been many attempts to predict Rough Commodity 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 Rough Rice's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Rough Rice Commodity Forecast Pattern
Rough Rice Forecasted Value
In the context of forecasting Rough Rice's Commodity 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. Rough Rice's downside and upside margins for the forecasting period are 14.30 and 16.27, respectively. We have considered Rough Rice'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.
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 Rough Rice commodity data series using in forecasting. Note that when a statistical model is used to represent Rough Rice commodity, 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.| AIC | Akaike Information Criteria | 114.7475 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1494 |
| MAPE | Mean absolute percentage error | 0.01 |
| SAE | Sum of the absolute errors | 9.1112 |
Predictive Modules for Rough Rice
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rough Rice Futures. Regardless of method or technology, however, to accurately forecast the commodity market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the commodity 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 Rough Rice'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.
Other Forecasting Options for Rough Rice
For every potential investor in Rough, whether a beginner or expert, Rough Rice's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Rough Commodity price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Rough. Basic forecasting techniques help filter out the noise by identifying Rough Rice's price trends.View Rough Rice Related Equities
| Risk & Return | Correlation |
Rough Rice Futures Technical and Predictive Analytics
The commodity market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Rough Rice'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 Rough Rice's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Rough Rice Market Strength Events
Market strength indicators help investors to evaluate how Rough Rice commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rough Rice shares will generate the highest return on investment. By undertsting and applying Rough Rice commodity market strength indicators, traders can identify Rough Rice Futures entry and exit signals to maximize returns.
Rough Rice Risk Indicators
The analysis of Rough Rice'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 Rough Rice's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rough commodity 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.
| Mean Deviation | 0.7447 | |||
| Semi Deviation | 1.03 | |||
| Standard Deviation | 1.01 | |||
| Variance | 1.02 | |||
| Downside Variance | 1.25 | |||
| Semi Variance | 1.06 | |||
| Expected Short fall | (0.77) |
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.