Linktel Technologies Stock Forecast - Polynomial Regression

301205 Stock   82.40  2.30  2.87%   
The Polynomial Regression forecasted value of Linktel Technologies Co on the next trading day is expected to be 83.12 with a mean absolute deviation of 2.76 and the sum of the absolute errors of 168.33. Linktel Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Linktel Technologies stock prices and determine the direction of Linktel Technologies Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Linktel Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Linktel Technologies' Cash is projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 136.8 M, whereas Total Assets are forecasted to decline to about 1.2 B.
Linktel Technologies polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Linktel Technologies Co as well as the accuracy indicators are determined from the period prices.

Linktel Technologies Polynomial Regression Price Forecast For the 28th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Linktel Technologies Co on the next trading day is expected to be 83.12 with a mean absolute deviation of 2.76, mean absolute percentage error of 16.45, and the sum of the absolute errors of 168.33.
Please note that although there have been many attempts to predict Linktel 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 Linktel Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Linktel Technologies Stock Forecast Pattern

Backtest Linktel TechnologiesLinktel Technologies Price PredictionBuy or Sell Advice 

Linktel Technologies Forecasted Value

In the context of forecasting Linktel Technologies' 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. Linktel Technologies' downside and upside margins for the forecasting period are 78.25 and 88.00, respectively. We have considered Linktel Technologies' 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
82.40
83.12
Expected Value
88.00
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 Linktel Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Linktel Technologies 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 Criteria120.9111
BiasArithmetic mean of the errors None
MADMean absolute deviation2.7595
MAPEMean absolute percentage error0.0363
SAESum of the absolute errors168.3302
A single variable polynomial regression model attempts to put a curve through the Linktel Technologies 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 Linktel Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Linktel Technologies. 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
76.0580.9385.81
Details
Intrinsic
Valuation
LowRealHigh
60.4765.3588.11
Details

Other Forecasting Options for Linktel Technologies

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

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

Linktel Technologies 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 Linktel Technologies' 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 Linktel Technologies' current price.

Linktel Technologies Market Strength Events

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

Linktel Technologies Risk Indicators

The analysis of Linktel Technologies' 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 Linktel Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting linktel 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Linktel Stock

Linktel Technologies financial ratios help investors to determine whether Linktel 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 Linktel with respect to the benefits of owning Linktel Technologies security.