Azincourt Uranium Stock Forecast - Polynomial Regression

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

Azincourt Uranium Polynomial Regression Price Forecast For the 5th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Azincourt Uranium on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000396, and the sum of the absolute errors of 0.09.

Azincourt Uranium Stock Forecast Pattern

Backtest Azincourt Uranium

Azincourt Uranium Price Prediction

Buy or Sell Advice

Azincourt Uranium 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 Azincourt Uranium stock data series using in forecasting. Note that when a statistical model is used to represent Azincourt Uranium 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 Azincourt Uranium 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 Azincourt Uranium

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Azincourt Uranium. 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 0.00 0.02 20.78 Details

Intrinsic Valuation Low Real High 0.00 0.01 20.77 Details

Bollinger Band Projection (param) Low Middle High 0.01 0.01 0.02 Details

Other Forecasting Options for Azincourt Uranium

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

Azincourt Uranium Related Equities

Risk & Return

Correlation

Azincourt Uranium 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 Azincourt Uranium'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 Azincourt Uranium's current price.

Azincourt Uranium Market Strength Events

Azincourt Uranium Risk Indicators

Additional Tools for Azincourt Stock Analysis