Activision Blizzard Stock Forecast - Simple Regression

Simple Regression model is a single variable regression model that attempts to put a straight line through Activision Blizzard price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Activision Blizzard Simple Regression Price Forecast For the 19th of April

Given 90 days horizon, the Simple Regression forecasted value of Activision Blizzard on the next trading day is expected to be 94.08 with a mean absolute deviation of 0.53, mean absolute percentage error of 0.37, and the sum of the absolute errors of 32.54.

Activision Blizzard Stock Forecast Pattern

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Activision Blizzard Price Prediction

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Activision Blizzard stock data series using in forecasting. Note that when a statistical model is used to represent Activision Blizzard 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Activision Blizzard historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Activision Blizzard

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Activision Blizzard. 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.

Hype Prediction Low Estimated High 94.42 94.42 94.42 Details

Intrinsic Valuation Low Real High 79.42 79.42 103.86 Details

Bollinger Band Projection (param) Low Middle High 94.42 94.42 94.42 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Activision Blizzard. Your research has to be compared to or analyzed against Activision Blizzard's peers to derive any actionable benefits. When done correctly, Activision Blizzard's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Activision Blizzard.

Activision Blizzard Related Equities

Risk & Return

Correlation

Activision Blizzard Market Strength Events

Activision Blizzard Risk Indicators

Pair Trading with Activision Blizzard

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 Activision Blizzard 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 Activision Blizzard will appreciate offsetting losses from the drop in the long position's value.

Other Consideration for investing in Activision Stock