Apple Polynomial Regression

Investors can use this prediction interface to forecast Apple historic prices and determine the direction of Apple Inc future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Apple historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Apple Inc systematic risks associated with finding meaningful patterns of Apple fundamentals over time. Check also Historical Fundamental Analysis of Apple to cross-verify your projections.
Investment Horizon     30 Days    Login   to change
Apple polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Apple Inc as well as the accuracy indicators are determined from the period prices. Given 30 days horizon, the value of Apple Inc on the next trading day is expected to be 143.54

Apple Inc Prediction Pattern

Backtest Apple | Apple Price Prediction | Buy or Sell Advice 

Apple Forecasted Value

March 28, 2017
143.8
Market Value
Downside upside
Downside
141.44
143.54
Next Trading Day Expected Value
Target Price Odds
 Above  Below  
145.64
Upside
Upside upside

Model Predictive Factors

AICAkaike Information Criteria45.8767
BiasArithmetic mean of the errors None
MADMean absolute deviation0.6552
MAPEMean absolute percentage error0.0047
SAESum of the absolute errors14.4148
A single variable polynomial regression model attempts to put a curve through the Apple 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
Did you try this?
Run Portfolio Reporting Now
   

Portfolio Reporting

Creat custom reports across your portfolios and generate quick suggestion pitch
Hide  View All  Next  Launch Portfolio Reporting
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and midsized businesses, and education, enterprise, and government customers worldwide. more
NameApple Inc
InstrumentUSA Stock
RegionNorth America
ExchangeNASDAQ
CIK Number00320193.0
ISINUS0378331005
CUSIP037833100,378331003
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
Volatility Measures
Apple Risk Indicators