Greek Organization Stock Forecast - Polynomial Regression

Greek Organization polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Greek Organization of as well as the accuracy indicators are determined from the period prices.

Greek Organization Polynomial Regression Price Forecast For the 27th of May

Given 90 days horizon, the Polynomial Regression forecasted value of Greek Organization of on the next trading day is expected to be 15.07 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.29.

Greek Organization Stock Forecast Pattern

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Greek Organization Price Prediction

Buy or Sell Advice

Greek Organization Forecasted Value

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 Greek Organization stock data series using in forecasting. Note that when a statistical model is used to represent Greek Organization 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. A single variable polynomial regression model attempts to put a curve through the Greek Organization 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 + ... + a_m*X^m

Predictive Modules for Greek Organization

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greek Organization. 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 13.89 15.08 16.27 Details

Intrinsic Valuation Low Real High 14.40 15.59 16.78 Details

Bollinger Band Projection (param) Low Middle High 14.86 15.31 15.76 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Greek Organization. Your research has to be compared to or analyzed against Greek Organization's peers to derive any actionable benefits. When done correctly, Greek Organization's 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 Greek Organization.

Other Forecasting Options for Greek Organization

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

Greek Organization Related Equities

Risk & Return

Correlation

Greek Organization 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 Greek Organization'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 Greek Organization's current price.

Greek Organization Market Strength Events

Greek Organization Risk Indicators

Pair Trading with Greek Organization

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greek Organization position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greek Organization will appreciate offsetting losses from the drop in the long position's value.

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Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Greek Organization's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greek Organization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greek Organization's 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.