Urban Edge Stock Forecast - Polynomial Regression
UE Stock | USD 23.01 0.30 1.29% |
The Polynomial Regression forecasted value of Urban Edge Properties on the next trading day is expected to be 23.22 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 15.52. Urban Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Urban Edge stock prices and determine the direction of Urban Edge Properties's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Urban Edge's historical fundamentals, such as revenue growth or operating cash flow patterns.
Urban |
Urban Edge Polynomial Regression Price Forecast For the 2nd of December
Given 90 days horizon, the Polynomial Regression forecasted value of Urban Edge Properties on the next trading day is expected to be 23.22 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.09, and the sum of the absolute errors of 15.52.Please note that although there have been many attempts to predict Urban 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 Urban Edge's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Urban Edge Stock Forecast Pattern
Backtest Urban Edge | Urban Edge Price Prediction | Buy or Sell Advice |
Urban Edge Forecasted Value
In the context of forecasting Urban Edge'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. Urban Edge's downside and upside margins for the forecasting period are 22.20 and 24.24, respectively. We have considered Urban Edge'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 Urban Edge stock data series using in forecasting. Note that when a statistical model is used to represent Urban Edge 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 | 115.7421 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.2544 |
MAPE | Mean absolute percentage error | 0.0116 |
SAE | Sum of the absolute errors | 15.5202 |
Predictive Modules for Urban Edge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Urban Edge Properties. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Urban Edge's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Urban Edge
For every potential investor in Urban, whether a beginner or expert, Urban Edge's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Urban Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Urban. Basic forecasting techniques help filter out the noise by identifying Urban Edge's price trends.Urban Edge 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 Urban Edge stock to make a market-neutral strategy. Peer analysis of Urban Edge could also be used in its relative valuation, which is a method of valuing Urban Edge by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Urban Edge Properties 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 Urban Edge'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 Urban Edge's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Urban Edge Market Strength Events
Market strength indicators help investors to evaluate how Urban Edge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Urban Edge shares will generate the highest return on investment. By undertsting and applying Urban Edge stock market strength indicators, traders can identify Urban Edge Properties entry and exit signals to maximize returns.
Urban Edge Risk Indicators
The analysis of Urban Edge'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 Urban Edge's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting urban 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 | 0.831 | |||
Semi Deviation | 0.8349 | |||
Standard Deviation | 1.04 | |||
Variance | 1.08 | |||
Downside Variance | 1.08 | |||
Semi Variance | 0.6971 | |||
Expected Short fall | (0.90) |
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.Check out Historical Fundamental Analysis of Urban Edge to cross-verify your projections. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Retail REITs 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 Urban Edge. If investors know Urban 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 Urban Edge 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 (0.76) | Dividend Share 0.67 | Earnings Share 2.23 | Revenue Per Share 3.643 | Quarterly Revenue Growth 0.104 |
The market value of Urban Edge Properties is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban Edge's value that differs from its market value or its book value, called intrinsic value, which is Urban Edge'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 Urban Edge's market value can be influenced by many factors that don't directly affect Urban Edge'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 Urban Edge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban Edge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban Edge'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.