Fibra Danhos Stock Forecast - Polynomial Regression

DANHOS13  MXN 21.78  0.28  1.30%   
The Polynomial Regression forecasted value of Fibra Danhos on the next trading day is expected to be 21.79 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.73. Fibra Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fibra Danhos stock prices and determine the direction of Fibra Danhos's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fibra Danhos' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Fibra Danhos polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Fibra Danhos as well as the accuracy indicators are determined from the period prices.

Fibra Danhos Polynomial Regression Price Forecast For the 15th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Fibra Danhos on the next trading day is expected to be 21.79 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.17, and the sum of the absolute errors of 21.73.
Please note that although there have been many attempts to predict Fibra 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 Fibra Danhos' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fibra Danhos Stock Forecast Pattern

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Fibra Danhos Forecasted Value

In the context of forecasting Fibra Danhos' 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. Fibra Danhos' downside and upside margins for the forecasting period are 19.94 and 23.64, respectively. We have considered Fibra Danhos' 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
21.78
21.79
Expected Value
23.64
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 Fibra Danhos stock data series using in forecasting. Note that when a statistical model is used to represent Fibra Danhos 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 Criteria118.1697
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3505
MAPEMean absolute percentage error0.0169
SAESum of the absolute errors21.728
A single variable polynomial regression model attempts to put a curve through the Fibra Danhos 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 Fibra Danhos

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fibra Danhos. 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
19.9321.7823.63
Details
Intrinsic
Valuation
LowRealHigh
19.4921.3423.19
Details

Other Forecasting Options for Fibra Danhos

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

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

Fibra Danhos 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 Fibra Danhos' 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 Fibra Danhos' current price.

Fibra Danhos Market Strength Events

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

Fibra Danhos Risk Indicators

The analysis of Fibra Danhos' 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 Fibra Danhos' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fibra 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 Fibra Stock

Fibra Danhos financial ratios help investors to determine whether Fibra 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 Fibra with respect to the benefits of owning Fibra Danhos security.