Amyris Stock Forecast - Polynomial Regression
| AMRSDelisted Stock | USD 0.04 0 8.64% |
The Polynomial Regression forecasted value of Amyris Inc on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.22. Amyris Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Amyris stock prices and determine the direction of Amyris Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Amyris' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. Amyris |
Most investors in Amyris cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Amyris' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Amyris' price structures and extracts relationships that further increase the generated results' accuracy.
Amyris polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Amyris Inc as well as the accuracy indicators are determined from the period prices. Amyris Polynomial Regression Price Forecast For the 20th of April
Given 90 days horizon, the Polynomial Regression forecasted value of Amyris Inc on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.22.Please note that although there have been many attempts to predict Amyris 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 Amyris' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Amyris Stock Forecast Pattern
| Backtest Amyris | Amyris Price Prediction | Buy or Sell Advice |
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 Amyris stock data series using in forecasting. Note that when a statistical model is used to represent Amyris 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 | 114.0212 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1019 |
| MAPE | Mean absolute percentage error | 0.5641 |
| SAE | Sum of the absolute errors | 6.2184 |
Predictive Modules for Amyris
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amyris Inc. 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 Amyris' 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.
Amyris 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 Amyris stock to make a market-neutral strategy. Peer analysis of Amyris could also be used in its relative valuation, which is a method of valuing Amyris by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Amyris Market Strength Events
Market strength indicators help investors to evaluate how Amyris stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amyris shares will generate the highest return on investment. By undertsting and applying Amyris stock market strength indicators, traders can identify Amyris Inc entry and exit signals to maximize returns.
Amyris Risk Indicators
The analysis of Amyris' 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 Amyris' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amyris 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 | 12.25 | |||
| Standard Deviation | 21.41 | |||
| Variance | 458.21 |
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.
Pair Trading with Amyris
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amyris position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amyris will appreciate offsetting losses from the drop in the long position's value.Moving against Amyris Stock
| 0.94 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.92 | CHKEZ | Chesapeake Energy | PairCorr |
| 0.91 | CHKEL | Chesapeake Energy | PairCorr |
| 0.86 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.86 | BAC | Bank of America Financial Report 16th of July 2024 | PairCorr |
The ability to find closely correlated positions to Amyris could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amyris when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amyris - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amyris Inc to buy it.
The correlation of Amyris is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amyris moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amyris Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amyris can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Amyris Stock
If you are still planning to invest in Amyris Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Amyris' history and understand the potential risks before investing.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Stocks Directory Find actively traded stocks across global markets |