Aritzia Pink Sheet Forecast - Polynomial Regression

ATZAF Stock  USD 37.65  2.03  5.70%   
The Polynomial Regression forecasted value of Aritzia on the next trading day is expected to be 37.79 with a mean absolute deviation of 0.94 and the sum of the absolute errors of 57.33. Aritzia Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Aritzia's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Aritzia polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Aritzia as well as the accuracy indicators are determined from the period prices.

Aritzia Polynomial Regression Price Forecast For the 24th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Aritzia on the next trading day is expected to be 37.79 with a mean absolute deviation of 0.94, mean absolute percentage error of 1.60, and the sum of the absolute errors of 57.33.
Please note that although there have been many attempts to predict Aritzia Pink Sheet 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 Aritzia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aritzia Pink Sheet Forecast Pattern

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Aritzia Forecasted Value

In the context of forecasting Aritzia's Pink Sheet 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. Aritzia's downside and upside margins for the forecasting period are 32.92 and 42.66, respectively. We have considered Aritzia'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
37.65
37.79
Expected Value
42.66
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 Aritzia pink sheet data series using in forecasting. Note that when a statistical model is used to represent Aritzia pink sheet, 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 Criteria118.5785
BiasArithmetic mean of the errors None
MADMean absolute deviation0.9398
MAPEMean absolute percentage error0.0285
SAESum of the absolute errors57.3308
A single variable polynomial regression model attempts to put a curve through the Aritzia 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 Aritzia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aritzia. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
32.8137.6842.55
Details
Intrinsic
Valuation
LowRealHigh
24.4029.2741.42
Details
Bollinger
Band Projection (param)
LowMiddleHigh
32.2735.0637.85
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aritzia. Your research has to be compared to or analyzed against Aritzia's peers to derive any actionable benefits. When done correctly, Aritzia'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 Aritzia.

Other Forecasting Options for Aritzia

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

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Aritzia Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Aritzia'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 Aritzia's current price.

Aritzia Market Strength Events

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

Aritzia Risk Indicators

The analysis of Aritzia'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 Aritzia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aritzia pink sheet 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.

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Other Information on Investing in Aritzia Pink Sheet

Aritzia financial ratios help investors to determine whether Aritzia Pink Sheet 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 Aritzia with respect to the benefits of owning Aritzia security.