Aran Research Stock Forecast - Polynomial Regression

ARAN Stock  ILA 1,945  65.00  3.23%   
The Polynomial Regression forecasted value of Aran Research and on the next trading day is expected to be 1,947 with a mean absolute deviation of 21.77 and the sum of the absolute errors of 1,350. Aran Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aran Research stock prices and determine the direction of Aran Research and's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aran Research's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Aran Research polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Aran Research and as well as the accuracy indicators are determined from the period prices.

Aran Research Polynomial Regression Price Forecast For the 13th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Aran Research and on the next trading day is expected to be 1,947 with a mean absolute deviation of 21.77, mean absolute percentage error of 896.01, and the sum of the absolute errors of 1,350.
Please note that although there have been many attempts to predict Aran 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 Aran Research's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aran Research Stock Forecast Pattern

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Aran Research Forecasted Value

In the context of forecasting Aran Research'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. Aran Research's downside and upside margins for the forecasting period are 1,945 and 1,949, respectively. We have considered Aran Research'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
1,945
1,947
Expected Value
1,949
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 Aran Research stock data series using in forecasting. Note that when a statistical model is used to represent Aran Research 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 Criteria126.7463
BiasArithmetic mean of the errors None
MADMean absolute deviation21.7663
MAPEMean absolute percentage error0.0114
SAESum of the absolute errors1349.5084
A single variable polynomial regression model attempts to put a curve through the Aran Research 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 Aran Research

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aran Research. 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
1,9431,9451,947
Details
Intrinsic
Valuation
LowRealHigh
1,6251,6262,140
Details
Bollinger
Band Projection (param)
LowMiddleHigh
1,7931,9022,012
Details

Other Forecasting Options for Aran Research

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

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

Aran Research 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 Aran Research'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 Aran Research's current price.

Aran Research Market Strength Events

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

Aran Research Risk Indicators

The analysis of Aran Research'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 Aran Research's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aran 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 Aran Stock

Aran Research financial ratios help investors to determine whether Aran 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 Aran with respect to the benefits of owning Aran Research security.