Fortress Transportation Stock Forecast - Simple Regression

Simple Regression model is a single variable regression model that attempts to put a straight line through Fortress Transportation price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Fortress Transportation Simple Regression Price Forecast For the 21st of March

Given 90 days horizon, the Simple Regression forecasted value of Fortress Transportation And on the next trading day is expected to be 25.51 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.84.

Fortress Transportation Stock Forecast Pattern

Backtest Fortress Transportation

Fortress Transportation Price Prediction

Buy or Sell Advice

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Fortress Transportation stock data series using in forecasting. Note that when a statistical model is used to represent Fortress Transportation 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Fortress Transportation And historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Fortress Transportation

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortress Transportation. 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 Low Estimated High 25.46 25.46 25.46 Details

Intrinsic Valuation Low Real High 21.52 21.52 28.01 Details

Bollinger Band Projection (param) Low Middle High 25.33 25.41 25.49 Details

Fortress Transportation Related Equities

Risk & Return

Correlation

Fortress Transportation Market Strength Events

Other Consideration for investing in Fortress Stock