Alset Capital Stock Forecast - Polynomial Regression

ACAXDelisted Stock  USD 10.55  0.14  1.34%   
The Polynomial Regression forecasted value of Alset Capital Acquisition on the next trading day is expected to be 10.11 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.25. Alset Stock Forecast is based on your current time horizon.
  
Alset Capital polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Alset Capital Acquisition as well as the accuracy indicators are determined from the period prices.

Alset Capital Polynomial Regression Price Forecast For the 18th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Alset Capital Acquisition on the next trading day is expected to be 10.11 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.25.
Please note that although there have been many attempts to predict Alset 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 Alset Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Alset Capital Stock Forecast Pattern

Backtest Alset CapitalAlset Capital Price PredictionBuy or Sell Advice 

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 Alset Capital stock data series using in forecasting. Note that when a statistical model is used to represent Alset Capital 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 Criteria114.6859
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1353
MAPEMean absolute percentage error0.0129
SAESum of the absolute errors8.2531
A single variable polynomial regression model attempts to put a curve through the Alset Capital 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 Alset Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alset Capital Acquisition. 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
10.5510.5510.55
Details
Intrinsic
Valuation
LowRealHigh
8.838.8311.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alset Capital. Your research has to be compared to or analyzed against Alset Capital's peers to derive any actionable benefits. When done correctly, Alset Capital'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 Alset Capital Acquisition.

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

Alset Capital Market Strength Events

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

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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Consideration for investing in Alset Stock

If you are still planning to invest in Alset Capital Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alset Capital's history and understand the potential risks before investing.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets