Solid Impact Stock Forecast - Polynomial Regression

SOLI-P Stock   0.05  0.00  0.00%   
The Polynomial Regression forecasted value of Solid Impact Investments on the next trading day is expected to be 0.05 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Solid Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Solid Impact stock prices and determine the direction of Solid Impact Investments's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Solid Impact's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Solid Impact's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 197.9 K, whereas Total Current Liabilities is forecasted to decline to about 17.4 K.
Solid Impact polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Solid Impact Investments as well as the accuracy indicators are determined from the period prices.

Solid Impact Polynomial Regression Price Forecast For the 22nd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Solid Impact Investments on the next trading day is expected to be 0.05 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Solid 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 Solid Impact's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Solid Impact Stock Forecast Pattern

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Solid Impact Forecasted Value

In the context of forecasting Solid Impact'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. Solid Impact's downside and upside margins for the forecasting period are 0.05 and 0.05, respectively. We have considered Solid Impact'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
0.05
0.05
Expected Value
0.05
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 Solid Impact stock data series using in forecasting. Note that when a statistical model is used to represent Solid Impact 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 Criteria45.5111
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
A single variable polynomial regression model attempts to put a curve through the Solid Impact 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 Solid Impact

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solid Impact Investments. 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
0.050.050.05
Details
Intrinsic
Valuation
LowRealHigh
0.040.040.06
Details

Other Forecasting Options for Solid Impact

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

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

Solid Impact Investments 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 Solid Impact'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 Solid Impact's current price.

Solid Impact Market Strength Events

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Solid Stock

Solid Impact financial ratios help investors to determine whether Solid 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 Solid with respect to the benefits of owning Solid Impact security.