First Helium Stock Forecast - Polynomial Regression
| HELI Stock | 0.03 0.01 14.29% |
The Polynomial Regression forecasted value of First Helium on the next trading day is expected to be 0.03 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.12. First Stock Forecast is based on your current time horizon.
First |
First Helium Polynomial Regression Price Forecast For the 5th of December
Given 90 days horizon, the Polynomial Regression forecasted value of First Helium on the next trading day is expected to be 0.03 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000603, and the sum of the absolute errors of 0.12.Please note that although there have been many attempts to predict First 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 First Helium's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
First Helium Stock Forecast Pattern
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First Helium Forecasted Value
In the context of forecasting First Helium's 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. First Helium's downside and upside margins for the forecasting period are 0.0003 and 7.21, respectively. We have considered First Helium's 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.
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 First Helium stock data series using in forecasting. Note that when a statistical model is used to represent First Helium 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 | 106.0926 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.002 |
| MAPE | Mean absolute percentage error | 0.0446 |
| SAE | Sum of the absolute errors | 0.1211 |
Predictive Modules for First Helium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Helium. 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.Other Forecasting Options for First Helium
For every potential investor in First, whether a beginner or expert, First Helium's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First Helium's price trends.First Helium 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 First Helium stock to make a market-neutral strategy. Peer analysis of First Helium could also be used in its relative valuation, which is a method of valuing First Helium by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
First Helium 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 First Helium's 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 First Helium's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
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| Volume Indicators |
First Helium Market Strength Events
Market strength indicators help investors to evaluate how First Helium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Helium shares will generate the highest return on investment. By undertsting and applying First Helium stock market strength indicators, traders can identify First Helium entry and exit signals to maximize returns.
First Helium Risk Indicators
The analysis of First Helium'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 First Helium's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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 | 4.7 | |||
| Standard Deviation | 7.16 | |||
| Variance | 51.29 |
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.
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Additional Tools for First Stock Analysis
When running First Helium's price analysis, check to measure First Helium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Helium is operating at the current time. Most of First Helium's value examination focuses on studying past and present price action to predict the probability of First Helium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Helium's price. Additionally, you may evaluate how the addition of First Helium to your portfolios can decrease your overall portfolio volatility.