Chicago Atlantic Stock Forecast - Polynomial Regression

REFI Stock  USD 16.11  0.02  0.12%   
The Polynomial Regression forecasted value of Chicago Atlantic Real on the next trading day is expected to be 16.37 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.30. Chicago Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Chicago Atlantic's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current Inventory Turnover is estimated to decrease to 449.39. The current Payables Turnover is estimated to decrease to 7.37. The Chicago Atlantic's current Common Stock Shares Outstanding is estimated to increase to about 19.6 M, while Net Income Applicable To Common Shares is projected to decrease to under 24.7 M.
Chicago Atlantic polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Chicago Atlantic Real as well as the accuracy indicators are determined from the period prices.

Chicago Atlantic Polynomial Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Chicago Atlantic Real on the next trading day is expected to be 16.37 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.30.
Please note that although there have been many attempts to predict Chicago 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 Chicago Atlantic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Chicago Atlantic Stock Forecast Pattern

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Chicago Atlantic Forecasted Value

In the context of forecasting Chicago Atlantic'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. Chicago Atlantic's downside and upside margins for the forecasting period are 15.65 and 17.10, respectively. We have considered Chicago Atlantic'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
16.11
16.37
Expected Value
17.10
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 Chicago Atlantic stock data series using in forecasting. Note that when a statistical model is used to represent Chicago Atlantic 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 Criteria114.3791
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1197
MAPEMean absolute percentage error0.0077
SAESum of the absolute errors7.3034
A single variable polynomial regression model attempts to put a curve through the Chicago Atlantic 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 Chicago Atlantic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chicago Atlantic Real. 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
15.3916.1116.83
Details
Intrinsic
Valuation
LowRealHigh
15.1215.8416.56
Details
5 Analysts
Consensus
LowTargetHigh
16.9318.6020.65
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.540.540.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chicago Atlantic. Your research has to be compared to or analyzed against Chicago Atlantic's peers to derive any actionable benefits. When done correctly, Chicago Atlantic'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 Chicago Atlantic Real.

Other Forecasting Options for Chicago Atlantic

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

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 Risk & Return  Correlation

Chicago Atlantic Real 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 Chicago Atlantic'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 Chicago Atlantic's current price.

Chicago Atlantic Market Strength Events

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

Chicago Atlantic Risk Indicators

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

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When determining whether Chicago Atlantic Real offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chicago Atlantic's 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 Chicago Atlantic Real Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chicago Atlantic Real Stock:
Check out Historical Fundamental Analysis of Chicago Atlantic to cross-verify your projections.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chicago Atlantic. If investors know Chicago will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chicago Atlantic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.037
Dividend Share
1.88
Earnings Share
2
Revenue Per Share
3.014
Quarterly Revenue Growth
0.121
The market value of Chicago Atlantic Real is measured differently than its book value, which is the value of Chicago that is recorded on the company's balance sheet. Investors also form their own opinion of Chicago Atlantic's value that differs from its market value or its book value, called intrinsic value, which is Chicago Atlantic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chicago Atlantic's market value can be influenced by many factors that don't directly affect Chicago Atlantic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chicago Atlantic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chicago Atlantic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chicago Atlantic's 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.