Citigroup Polynomial Regression

Citigroup Inc -- USA Stock  

USD 71.67  0.34  0.48%

Investors can use this prediction interface to forecast Citigroup historic prices and determine the direction of Citigroup Inc 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 Citigroup 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 Citigroup Inc systematic risks associated with finding meaningful patterns of Citigroup fundamentals over time. Check also Historical Fundamental Analysis of Citigroup to cross-verify your projections.
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Investment Horizon     30 Days    Login   to change
Citigroup polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Citigroup Inc as well as the accuracy indicators are determined from the period prices.
Given 30 days horizon, the value of Citigroup Inc on the next trading day is expected to be 72.12781

Citigroup Inc Prediction Pattern

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Citigroup Forecasted Value

November 19, 2017
71.67
Market Value
Downside upside
72.13
Next Trading Day Expected Value
Target Price Odds
 Above  Below  
73.88
Upside
Upside upside

Model Predictive Factors

AICAkaike Information Criteria36.8477
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2486
MAPEMean absolute percentage error0.0034
SAESum of the absolute errors4.4752
A single variable polynomial regression model attempts to put a curve through the Citigroup 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

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Volatility Measures

Citigroup Risk Indicators