Electronic Arts Stock Forecast - Polynomial Regression

EAIN34 Stock  BRL 490.00  11.50  2.29%   
The Polynomial Regression forecasted value of Electronic Arts on the next trading day is expected to be 502.36 with a mean absolute deviation of 4.90 and the sum of the absolute errors of 304.10. Electronic Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Electronic Arts stock prices and determine the direction of Electronic Arts's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Electronic Arts' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Electronic Arts polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Electronic Arts as well as the accuracy indicators are determined from the period prices.

Electronic Arts Polynomial Regression Price Forecast For the 13th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Electronic Arts on the next trading day is expected to be 502.36 with a mean absolute deviation of 4.90, mean absolute percentage error of 37.69, and the sum of the absolute errors of 304.10.
Please note that although there have been many attempts to predict Electronic 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 Electronic Arts' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Electronic Arts Stock Forecast Pattern

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Electronic Arts Forecasted Value

In the context of forecasting Electronic Arts' 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. Electronic Arts' downside and upside margins for the forecasting period are 501.08 and 503.63, respectively. We have considered Electronic Arts' 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
490.00
501.08
Downside
502.36
Expected Value
503.63
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 Electronic Arts stock data series using in forecasting. Note that when a statistical model is used to represent Electronic Arts 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 Criteria123.5778
BiasArithmetic mean of the errors None
MADMean absolute deviation4.9048
MAPEMean absolute percentage error0.0113
SAESum of the absolute errors304.0989
A single variable polynomial regression model attempts to put a curve through the Electronic Arts 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 Electronic Arts

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electronic Arts. 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
488.72490.00491.28
Details
Intrinsic
Valuation
LowRealHigh
418.87420.15539.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
473.59494.21514.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Electronic Arts. Your research has to be compared to or analyzed against Electronic Arts' peers to derive any actionable benefits. When done correctly, Electronic Arts' 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 Electronic Arts.

Other Forecasting Options for Electronic Arts

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

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

Electronic Arts 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 Electronic Arts' 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 Electronic Arts' current price.

Electronic Arts Market Strength Events

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

Electronic Arts Risk Indicators

The analysis of Electronic Arts' 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 Electronic Arts' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting electronic 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.

Additional Information and Resources on Investing in Electronic Stock

When determining whether Electronic Arts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Electronic Arts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Electronic Arts Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Electronic Arts Stock:
Check out Historical Fundamental Analysis of Electronic Arts to cross-verify your projections.
For information on how to trade Electronic Stock refer to our How to Trade Electronic Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between Electronic Arts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electronic Arts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electronic Arts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.