Home Depot Polynomial Regression

HD -- USA Stock

USD 191.171.300.68%

Investors can use this prediction interface to forecast Home Depot historic prices and determine the direction of The Home Depot 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 Home Depot 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 The Home Depot systematic risks associated with finding meaningful patterns of Home Depot fundamentals over time. Please also check Historical Fundamental Analysis of Home Depot to cross-verify your projections.
 Symbol
 Horizon 30 Days     to change
Home Depot polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for The Home Depot as well as the accuracy indicators are determined from the period prices.
Given 30 days horizon, the value of The Home Depot on the next trading day is expected to be 193.793971

The Home Depot Prediction Pattern

 Backtest Home Depot | Home Depot Price Prediction | Buy or Sell Advice

October 15, 2018
191.17
Market Value
Downside
190.18
193.79
Target Odds
197.41
Upside

Model Predictive Factors

 AIC Akaike Information Criteria 38.0879 Bias Arithmetic mean of the errors None MAD Mean absolute deviation 1.1033 MAPE Mean absolute percentage error 0.0055 SAE Sum of the absolute errors 18.7553
A single variable polynomial regression model attempts to put a curve through the Home Depot 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

Home Depot Technical Indicators

The Home Depot Technical and Predictive Analytics

 Cycle Indicators Math Operators Math Transform Momentum Indicators Overlap Studies Pattern Recognition Price Transform Statistic Functions Volatility Indicators Volume Indicators

Volatility Measures

Home Depot Risk Indicators

 Mean Deviation 0.8384 Standard Deviation 1.18 Variance 1.39
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