Brogent Technologies Stock Forecast - Polynomial Regression
| 5263 Stock | TWD 125.50 2.00 1.62% |
The Polynomial Regression forecasted value of Brogent Technologies on the next trading day is expected to be 121.22 with a mean absolute deviation of 1.94 and the sum of the absolute errors of 118.38. Brogent Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Brogent Technologies stock prices and determine the direction of Brogent Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Brogent Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Brogent Technologies to cross-verify your projections. Brogent |
Most investors in Brogent Technologies 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 Brogent Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Brogent Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
Brogent Technologies polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Brogent Technologies as well as the accuracy indicators are determined from the period prices. Brogent Technologies Polynomial Regression Price Forecast For the 29th of May
Given 90 days horizon, the Polynomial Regression forecasted value of Brogent Technologies on the next trading day is expected to be 121.22 with a mean absolute deviation of 1.94, mean absolute percentage error of 5.64, and the sum of the absolute errors of 118.38.Please note that although there have been many attempts to predict Brogent 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 Brogent Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Brogent Technologies Stock Forecast Pattern
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Brogent Technologies Forecasted Value
In the context of forecasting Brogent Technologies' 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. Brogent Technologies' downside and upside margins for the forecasting period are 119.71 and 122.73, respectively. We have considered Brogent Technologies' 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 Brogent Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Brogent Technologies 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 | 119.8412 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.9407 |
| MAPE | Mean absolute percentage error | 0.0163 |
| SAE | Sum of the absolute errors | 118.3829 |
Predictive Modules for Brogent Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brogent Technologies. 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 Brogent Technologies' 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 Brogent Technologies
For every potential investor in Brogent, whether a beginner or expert, Brogent Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Brogent Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Brogent. Basic forecasting techniques help filter out the noise by identifying Brogent Technologies' price trends.Brogent Technologies 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 Brogent Technologies stock to make a market-neutral strategy. Peer analysis of Brogent Technologies could also be used in its relative valuation, which is a method of valuing Brogent Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Brogent Technologies 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 Brogent Technologies' 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 Brogent Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Brogent Technologies Market Strength Events
Market strength indicators help investors to evaluate how Brogent Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brogent Technologies shares will generate the highest return on investment. By undertsting and applying Brogent Technologies stock market strength indicators, traders can identify Brogent Technologies entry and exit signals to maximize returns.
Brogent Technologies Risk Indicators
The analysis of Brogent Technologies' 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 Brogent Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brogent 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 | 1.36 | |||
| Semi Deviation | 1.08 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.27 | |||
| Downside Variance | 1.85 | |||
| Semi Variance | 1.17 | |||
| Expected Short fall | (2.52) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Brogent Technologies to cross-verify your projections. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Brogent Stock analysis
When running Brogent Technologies' price analysis, check to measure Brogent Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brogent Technologies is operating at the current time. Most of Brogent Technologies' value examination focuses on studying past and present price action to predict the probability of Brogent Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brogent Technologies' price. Additionally, you may evaluate how the addition of Brogent Technologies to your portfolios can decrease your overall portfolio volatility.
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