Aeterna Zentaris Stock Forecast - Polynomial Regression
AEZSDelisted Stock | USD 6.14 0.08 1.29% |
The Polynomial Regression forecasted value of Aeterna Zentaris on the next trading day is expected to be 6.40 with a mean absolute deviation of 0.66 and the sum of the absolute errors of 40.04. Aeterna Stock Forecast is based on your current time horizon.
Aeterna |
Aeterna Zentaris Polynomial Regression Price Forecast For the 17th of December 2024
Given 90 days horizon, the Polynomial Regression forecasted value of Aeterna Zentaris on the next trading day is expected to be 6.40 with a mean absolute deviation of 0.66, mean absolute percentage error of 0.76, and the sum of the absolute errors of 40.04.Please note that although there have been many attempts to predict Aeterna 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 Aeterna Zentaris' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Aeterna Zentaris Stock Forecast Pattern
Backtest Aeterna Zentaris | Aeterna Zentaris Price Prediction | Buy 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 Aeterna Zentaris stock data series using in forecasting. Note that when a statistical model is used to represent Aeterna Zentaris 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.AIC | Akaike Information Criteria | 117.8373 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.6565 |
MAPE | Mean absolute percentage error | 0.1078 |
SAE | Sum of the absolute errors | 40.0446 |
Predictive Modules for Aeterna Zentaris
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aeterna Zentaris. 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.View Aeterna Zentaris Related Equities
Risk & Return | Correlation |
Aeterna Zentaris Market Strength Events
Market strength indicators help investors to evaluate how Aeterna Zentaris stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aeterna Zentaris shares will generate the highest return on investment. By undertsting and applying Aeterna Zentaris stock market strength indicators, traders can identify Aeterna Zentaris entry and exit signals to maximize returns.
Thematic Opportunities
Explore Investment Opportunities
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Aeterna Stock
If you are still planning to invest in Aeterna Zentaris 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 Aeterna Zentaris' history and understand the potential risks before investing.
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Transaction History View history of all your transactions and understand their impact on performance |