Delta Apparel Stock Forecast - Polynomial Regression
| DLADelisted Stock | USD 0.05 0.00 0.00% |
The Polynomial Regression forecasted value of Delta Apparel on the next trading day is expected to be 0.34 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.42. Delta Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Delta Apparel stock prices and determine the direction of Delta Apparel's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Delta Apparel's historical fundamentals, such as revenue growth or operating cash flow patterns.
Delta |
Delta Apparel Polynomial Regression Price Forecast For the 25th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Delta Apparel on the next trading day is expected to be 0.34 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.42.Please note that although there have been many attempts to predict Delta 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 Delta Apparel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Delta Apparel Stock Forecast Pattern
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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 Delta Apparel stock data series using in forecasting. Note that when a statistical model is used to represent Delta Apparel 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.| AIC | Akaike Information Criteria | 115.086 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1707 |
| MAPE | Mean absolute percentage error | 0.3213 |
| SAE | Sum of the absolute errors | 10.4156 |
Predictive Modules for Delta Apparel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delta Apparel. 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.Delta Apparel 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 Delta Apparel stock to make a market-neutral strategy. Peer analysis of Delta Apparel could also be used in its relative valuation, which is a method of valuing Delta Apparel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Delta Apparel Market Strength Events
Market strength indicators help investors to evaluate how Delta Apparel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delta Apparel shares will generate the highest return on investment. By undertsting and applying Delta Apparel stock market strength indicators, traders can identify Delta Apparel entry and exit signals to maximize returns.
| Accumulation Distribution | 0.2 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.046 | |||
| Day Typical Price | 0.0477 | |||
| Market Facilitation Index | 0.01 | |||
| Price Action Indicator | 0.005 | |||
| Relative Strength Index | 23.1 |
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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Delta Stock
If you are still planning to invest in Delta Apparel check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Delta Apparel's history and understand the potential risks before investing.
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