Apple Polynomial Regression

AAPL -- USA Stock  

USD 213.32  3.08  1.47%

Investors can use this prediction interface to forecast Apple historic prices and determine the direction of Apple future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Apple historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Apple systematic risks associated with finding meaningful patterns of Apple fundamentals over time. Check also Historical Fundamental Analysis of Apple to cross-verify your projections.
Symbol
Refresh
 Time Horizon     30 Days    Login   to change
Apple polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Apple as well as the accuracy indicators are determined from the period prices.
Given 30 days horizon, the value of Apple on the next trading day is expected to be 214.145588

Apple Prediction Pattern

Backtest Apple | Apple Price Prediction | Buy or Sell Advice 

Apple Forecasted Value

August 17, 2018
213.32
Market Value
Downside
209.73
214.15
Next Trading Day Expected Value
Target Odds
  
218.56
Upside

Model Predictive Factors

AICAkaike Information Criteria39.1876
BiasArithmetic mean of the errors None
MADMean absolute deviation2.1057
MAPEMean absolute percentage error0.0104
SAESum of the absolute errors35.7975
A single variable polynomial regression model attempts to put a curve through the Apple 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