Fiesta Restaurant Stock Forecast - Polynomial Regression
FRGIDelisted Stock | USD 8.06 0.05 0.62% |
The Polynomial Regression forecasted value of Fiesta Restaurant Group on the next trading day is expected to be 7.59 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 17.92. Fiesta Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Fiesta Restaurant's historical fundamentals, such as revenue growth or operating cash flow patterns.
Fiesta |
Fiesta Restaurant Polynomial Regression Price Forecast For the 21st of December
Given 90 days horizon, the Polynomial Regression forecasted value of Fiesta Restaurant Group on the next trading day is expected to be 7.59 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.13, and the sum of the absolute errors of 17.92.Please note that although there have been many attempts to predict Fiesta 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 Fiesta Restaurant's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fiesta Restaurant Stock Forecast Pattern
Backtest Fiesta Restaurant | Fiesta Restaurant Price Prediction | Buy or Sell Advice |
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 Fiesta Restaurant stock data series using in forecasting. Note that when a statistical model is used to represent Fiesta Restaurant 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 | 116.08 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.2938 |
MAPE | Mean absolute percentage error | 0.0369 |
SAE | Sum of the absolute errors | 17.9218 |
Predictive Modules for Fiesta Restaurant
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fiesta Restaurant. 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.Fiesta Restaurant 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 Fiesta Restaurant stock to make a market-neutral strategy. Peer analysis of Fiesta Restaurant could also be used in its relative valuation, which is a method of valuing Fiesta Restaurant by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Fiesta Restaurant Market Strength Events
Market strength indicators help investors to evaluate how Fiesta Restaurant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fiesta Restaurant shares will generate the highest return on investment. By undertsting and applying Fiesta Restaurant stock market strength indicators, traders can identify Fiesta Restaurant Group entry and exit signals to maximize returns.
Fiesta Restaurant Risk Indicators
The analysis of Fiesta Restaurant'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 Fiesta Restaurant's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fiesta 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.
Mean Deviation | 2.26 | |||
Semi Deviation | 2.75 | |||
Standard Deviation | 2.89 | |||
Variance | 8.33 | |||
Downside Variance | 7.78 | |||
Semi Variance | 7.55 | |||
Expected Short fall | (2.41) |
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.
Currently Active Assets on Macroaxis
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 price. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Fiesta Stock
If you are still planning to invest in Fiesta Restaurant 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 Fiesta Restaurant's history and understand the potential risks before investing.
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |