Moadata Co Stock Forecast - Polynomial Regression

288980 Stock   1,313  67.00  4.86%   
The Polynomial Regression forecasted value of Moadata Co on the next trading day is expected to be 1,347 with a mean absolute deviation of 48.02 and the sum of the absolute errors of 2,929. Moadata Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Moadata Co stock prices and determine the direction of Moadata Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Moadata Co's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Moadata Co polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Moadata Co as well as the accuracy indicators are determined from the period prices.

Moadata Co Polynomial Regression Price Forecast For the 9th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Moadata Co on the next trading day is expected to be 1,347 with a mean absolute deviation of 48.02, mean absolute percentage error of 3,069, and the sum of the absolute errors of 2,929.
Please note that although there have been many attempts to predict Moadata 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 Moadata Co's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Moadata Co Stock Forecast Pattern

Backtest Moadata CoMoadata Co Price PredictionBuy or Sell Advice 

Moadata Co Forecasted Value

In the context of forecasting Moadata Co'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. Moadata Co's downside and upside margins for the forecasting period are 1,344 and 1,350, respectively. We have considered Moadata Co'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
1,313
1,347
Expected Value
1,350
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 Moadata Co stock data series using in forecasting. Note that when a statistical model is used to represent Moadata Co 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 Criteria126.1396
BiasArithmetic mean of the errors None
MADMean absolute deviation48.0237
MAPEMean absolute percentage error0.0317
SAESum of the absolute errors2929.4447
A single variable polynomial regression model attempts to put a curve through the Moadata Co 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 Moadata Co

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Moadata Co. 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
1,3101,3131,316
Details
Intrinsic
Valuation
LowRealHigh
981.51984.751,444
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Moadata Co. Your research has to be compared to or analyzed against Moadata Co's peers to derive any actionable benefits. When done correctly, Moadata Co'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 Moadata Co.

Other Forecasting Options for Moadata Co

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

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

Moadata Co 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 Moadata Co'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 Moadata Co's current price.

Moadata Co Market Strength Events

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

Moadata Co Risk Indicators

The analysis of Moadata Co'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 Moadata Co's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting moadata 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.

Pair Trading with Moadata Co

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 Moadata Co 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 Moadata Co will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Moadata Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Moadata Co when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Moadata Co - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Moadata Co to buy it.
The correlation of Moadata Co is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Moadata Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Moadata Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Moadata Co can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Moadata Stock

Moadata Co financial ratios help investors to determine whether Moadata 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 Moadata with respect to the benefits of owning Moadata Co security.