I1VZ34 Stock Forecast - Simple Regression

I1VZ34 Stock  BRL 111.98  4.07  3.77%   
The Simple Regression forecasted value of I1VZ34 on the next trading day is expected to be 111.12 with a mean absolute deviation of 2.06 and the sum of the absolute errors of 125.40. I1VZ34 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast I1VZ34 stock prices and determine the direction of I1VZ34's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of I1VZ34's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through I1VZ34 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.

I1VZ34 Simple Regression Price Forecast For the 29th of December

Given 90 days horizon, the Simple Regression forecasted value of I1VZ34 on the next trading day is expected to be 111.12 with a mean absolute deviation of 2.06, mean absolute percentage error of 6.98, and the sum of the absolute errors of 125.40.
Please note that although there have been many attempts to predict I1VZ34 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 I1VZ34's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

I1VZ34 Stock Forecast Pattern

Backtest I1VZ34I1VZ34 Price PredictionBuy or Sell Advice 

I1VZ34 Forecasted Value

In the context of forecasting I1VZ34'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. I1VZ34's downside and upside margins for the forecasting period are 108.83 and 113.42, respectively. We have considered I1VZ34'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.
Market Value
111.98
108.83
Downside
111.12
Expected Value
113.42
Upside

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 I1VZ34 stock data series using in forecasting. Note that when a statistical model is used to represent I1VZ34 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 Criteria120.0536
BiasArithmetic mean of the errors None
MADMean absolute deviation2.0558
MAPEMean absolute percentage error0.0198
SAESum of the absolute errors125.401
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 I1VZ34 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 I1VZ34

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as I1VZ34. 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
109.69111.98114.27
Details
Intrinsic
Valuation
LowRealHigh
98.11100.40123.18
Details
Bollinger
Band Projection (param)
LowMiddleHigh
103.21109.87116.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as I1VZ34. Your research has to be compared to or analyzed against I1VZ34's peers to derive any actionable benefits. When done correctly, I1VZ34's 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 I1VZ34.

Other Forecasting Options for I1VZ34

For every potential investor in I1VZ34, whether a beginner or expert, I1VZ34's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. I1VZ34 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in I1VZ34. Basic forecasting techniques help filter out the noise by identifying I1VZ34's price trends.

I1VZ34 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 I1VZ34 stock to make a market-neutral strategy. Peer analysis of I1VZ34 could also be used in its relative valuation, which is a method of valuing I1VZ34 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

I1VZ34 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 I1VZ34'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 I1VZ34's current price.

I1VZ34 Market Strength Events

Market strength indicators help investors to evaluate how I1VZ34 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading I1VZ34 shares will generate the highest return on investment. By undertsting and applying I1VZ34 stock market strength indicators, traders can identify I1VZ34 entry and exit signals to maximize returns.

I1VZ34 Risk Indicators

The analysis of I1VZ34'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 I1VZ34's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting i1vz34 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.

Other Information on Investing in I1VZ34 Stock

I1VZ34 financial ratios help investors to determine whether I1VZ34 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in I1VZ34 with respect to the benefits of owning I1VZ34 security.