Pomifrutas Stock Forecast - Polynomial Regression
| FRTA3 Stock | BRL 1.31 0.00 0.00% |
The Polynomial Regression forecasted value of Pomifrutas SA on the next trading day is expected to be 1.29 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.40. Pomifrutas Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Pomifrutas stock prices and determine the direction of Pomifrutas SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Pomifrutas' historical fundamentals, such as revenue growth or operating cash flow patterns.
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Most investors in Pomifrutas cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Pomifrutas' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Pomifrutas' price structures and extracts relationships that further increase the generated results' accuracy.
Pomifrutas polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Pomifrutas SA as well as the accuracy indicators are determined from the period prices. Pomifrutas Polynomial Regression Price Forecast For the 7th of June
Given 90 days horizon, the Polynomial Regression forecasted value of Pomifrutas SA on the next trading day is expected to be 1.29 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.001, and the sum of the absolute errors of 1.40.Please note that although there have been many attempts to predict Pomifrutas 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 Pomifrutas' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pomifrutas Stock Forecast Pattern
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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 Pomifrutas stock data series using in forecasting. Note that when a statistical model is used to represent Pomifrutas 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.| AIC | Akaike Information Criteria | 111.1917 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.023 |
| MAPE | Mean absolute percentage error | 0.0167 |
| SAE | Sum of the absolute errors | 1.4009 |
Predictive Modules for Pomifrutas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pomifrutas SA. 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 Pomifrutas' 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.
Pomifrutas 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 Pomifrutas stock to make a market-neutral strategy. Peer analysis of Pomifrutas could also be used in its relative valuation, which is a method of valuing Pomifrutas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pomifrutas Market Strength Events
Market strength indicators help investors to evaluate how Pomifrutas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pomifrutas shares will generate the highest return on investment. By undertsting and applying Pomifrutas stock market strength indicators, traders can identify Pomifrutas SA entry and exit signals to maximize returns.
Pomifrutas Risk Indicators
The analysis of Pomifrutas' 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 Pomifrutas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pomifrutas 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.
| Mean Deviation | 1.45 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.49 |
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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Additional Tools for Pomifrutas Stock Analysis
When running Pomifrutas' price analysis, check to measure Pomifrutas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pomifrutas is operating at the current time. Most of Pomifrutas' value examination focuses on studying past and present price action to predict the probability of Pomifrutas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pomifrutas' price. Additionally, you may evaluate how the addition of Pomifrutas to your portfolios can decrease your overall portfolio volatility.