An Gia Stock Forecast - Polynomial Regression

AGG Stock   16,200  150.00  0.92%   
The Polynomial Regression forecasted value of An Gia Real on the next trading day is expected to be 16,266 with a mean absolute deviation of 321.47 and the sum of the absolute errors of 19,610. AGG Stock Forecast is based on your current time horizon.
  
An Gia polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for An Gia Real as well as the accuracy indicators are determined from the period prices.

An Gia Polynomial Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of An Gia Real on the next trading day is expected to be 16,266 with a mean absolute deviation of 321.47, mean absolute percentage error of 138,185, and the sum of the absolute errors of 19,610.
Please note that although there have been many attempts to predict AGG 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 An Gia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

An Gia Stock Forecast Pattern

Backtest An GiaAn Gia Price PredictionBuy or Sell Advice 

An Gia Forecasted Value

In the context of forecasting An Gia'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. An Gia's downside and upside margins for the forecasting period are 16,264 and 16,268, respectively. We have considered An Gia'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
16,200
16,264
Downside
16,266
Expected Value
16,268
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 An Gia stock data series using in forecasting. Note that when a statistical model is used to represent An Gia 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 Criteria129.9469
BiasArithmetic mean of the errors None
MADMean absolute deviation321.4718
MAPEMean absolute percentage error0.0207
SAESum of the absolute errors19609.7823
A single variable polynomial regression model attempts to put a curve through the An Gia 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 An Gia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as An Gia Real. 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
16,34816,35016,352
Details
Intrinsic
Valuation
LowRealHigh
16,06116,06217,985
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14,03915,35016,661
Details

Other Forecasting Options for An Gia

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

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

An Gia Real 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 An Gia'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 An Gia's current price.

An Gia Market Strength Events

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

An Gia Risk Indicators

The analysis of An Gia'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 An Gia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agg 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 An Gia

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 An Gia 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 An Gia will appreciate offsetting losses from the drop in the long position's value.

Moving together with AGG Stock

  0.7ADS Damsan JSCPairCorr
  0.77AAA An Phat PlasticPairCorr
  0.75AME Alphanam MEPairCorr
The ability to find closely correlated positions to An Gia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace An Gia 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 An Gia - 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 An Gia Real to buy it.
The correlation of An Gia 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 An Gia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if An Gia Real 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 An Gia 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 AGG Stock

An Gia financial ratios help investors to determine whether AGG 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 AGG with respect to the benefits of owning An Gia security.