Asm Pacific OTC Stock Forecast - Polynomial Regression

ASMVF -  USA Stock  

USD 11.17  0.83  6.92%

ASMVF OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Asm Pacific historical stock prices and determine the direction of Asm Pacific Technology's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Asm Pacific historical fundamentals such as revenue growth or operating cash flow patterns.
Please continue to Historical Fundamental Analysis of Asm Pacific to cross-verify your projections.

ASMVF O TC Stock Forecast 

 
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Most investors in Asm Pacific 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 Asm Pacific's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Asm Pacific's price structures and extracts relationships that further increase the generated results' accuracy.
Asm Pacific polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Asm Pacific Technology as well as the accuracy indicators are determined from the period prices.

Asm Pacific Polynomial Regression Price Forecast For the 27th of October

Given 90 days horizon, the Polynomial Regression forecasted value of Asm Pacific Technology on the next trading day is expected to be 11.77 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.09, and the sum of the absolute errors of 15.64. Please note that although there have been many attempts to predict ASMVF OTC 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 Asm Pacific's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Asm Pacific OTC Stock Forecast Pattern

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Asm Pacific Forecasted Value

In the context of forecasting Asm Pacific's OTC 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. Asm Pacific's downside and upside margins for the forecasting period are 9.90 and 13.65, respectively. We have considered Asm Pacific's 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.
Market Value
11.17
26th of October 2021
11.77
Expected Value
13.65
Upside

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 Asm Pacific otc stock data series using in forecasting. Note that when a statistical model is used to represent Asm Pacific otc 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.
AICAkaike Information Criteria115.742
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2564
MAPEMean absolute percentage error0.0213
SAESum of the absolute errors15.643
A single variable polynomial regression model attempts to put a curve through the Asm Pacific 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

Predictive Modules for Asm Pacific

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asm Pacific Technology. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Asm Pacific's 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. Please use the tools below to analyze the current value of Asm Pacific in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.3910.9012.41
Details
Intrinsic
Valuation
LowReal ValueHigh
9.8011.3112.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Asm Pacific. Your research has to be compared to or analyzed against Asm Pacific's peers to derive any actionable benefits. When done correctly, Asm Pacific's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Asm Pacific Technology.

Other Forecasting Options for Asm Pacific

For every potential investor in ASMVF, whether a beginner or expert, Asm Pacific's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ASMVF OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ASMVF. Basic forecasting techniques help filter out the noise by identifying Asm Pacific's price trends.

View Currently 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 Asm Pacific otc stock to make a market-neutral strategy. Peer analysis of Asm Pacific could also be used in its relative valuation, which is a method of valuing Asm Pacific by comparing valuation metrics with similar companies.

Asm Pacific Technology 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 Asm Pacific's 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 Asm Pacific's current price.

Asm Pacific Risk Indicators

The analysis of Asm Pacific's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Asm Pacific's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Asm Pacific stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Asm Pacific Investors Sentiment

The influence of Asm Pacific's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ASMVF. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - ASMVF

Asm Pacific Technology Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Asm Pacific Technology. What is your sentiment towards investing in Asm Pacific Technology? Are you bullish or bearish?
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50% Bullish
50% Bearish
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Pair Trading with Asm Pacific

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 Asm Pacific 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 Asm Pacific will appreciate offsetting losses from the drop in the long position's value.

Asm Pacific Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Asm Pacific and Asml Holdings NY. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Please continue to Historical Fundamental Analysis of Asm Pacific to cross-verify your projections. Note that the Asm Pacific Technology information on this page should be used as a complementary analysis to other Asm Pacific's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Asm Pacific Technology price analysis, check to measure Asm Pacific's 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 Asm Pacific is operating at the current time. Most of Asm Pacific's value examination focuses on studying past and present price action to predict the probability of Asm Pacific's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Asm Pacific's price. Additionally, you may evaluate how the addition of Asm Pacific to your portfolios can decrease your overall portfolio volatility.
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Is Asm Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asm Pacific. If investors know ASMVF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asm Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Asm Pacific Technology is measured differently than its book value, which is the value of ASMVF that is recorded on the company's balance sheet. Investors also form their own opinion of Asm Pacific's value that differs from its market value or its book value, called intrinsic value, which is Asm Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asm Pacific's market value can be influenced by many factors that don't directly affect Asm Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asm Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine Asm Pacific value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asm Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.