Amir Marketing Stock Forecast - Polynomial Regression

AMRK Stock  ILS 2,951  89.00  2.93%   
The Polynomial Regression forecasted value of Amir Marketing and on the next trading day is expected to be 3,011 with a mean absolute deviation of 50.72 and the sum of the absolute errors of 3,145. Amir Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Amir Marketing stock prices and determine the direction of Amir Marketing and's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Amir Marketing's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Amir Marketing polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Amir Marketing and as well as the accuracy indicators are determined from the period prices.

Amir Marketing Polynomial Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Amir Marketing and on the next trading day is expected to be 3,011 with a mean absolute deviation of 50.72, mean absolute percentage error of 4,171, and the sum of the absolute errors of 3,145.
Please note that although there have been many attempts to predict Amir 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 Amir Marketing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amir Marketing Stock Forecast Pattern

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Amir Marketing Forecasted Value

In the context of forecasting Amir Marketing'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. Amir Marketing's downside and upside margins for the forecasting period are 3,009 and 3,013, respectively. We have considered Amir Marketing'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
2,951
3,011
Expected Value
3,013
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 Amir Marketing stock data series using in forecasting. Note that when a statistical model is used to represent Amir Marketing 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 Criteria128.2843
BiasArithmetic mean of the errors None
MADMean absolute deviation50.7206
MAPEMean absolute percentage error0.0185
SAESum of the absolute errors3144.6802
A single variable polynomial regression model attempts to put a curve through the Amir Marketing 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 Amir Marketing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amir Marketing. 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
2,9492,9512,953
Details
Intrinsic
Valuation
LowRealHigh
2,6563,3193,321
Details
Bollinger
Band Projection (param)
LowMiddleHigh
2,9182,9923,065
Details

Other Forecasting Options for Amir Marketing

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

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

Amir Marketing 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 Amir Marketing'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 Amir Marketing's current price.

Amir Marketing Market Strength Events

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

Amir Marketing Risk Indicators

The analysis of Amir Marketing'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 Amir Marketing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amir 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 Amir Stock

Amir Marketing financial ratios help investors to determine whether Amir 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 Amir with respect to the benefits of owning Amir Marketing security.