FLEETWOOD FPO Stock Forecast - Polynomial Regression

FWD -  Australia Stock  

AUD 2.44  0.04  1.67%

FLEETWOOD Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast FLEETWOOD FPO historical stock prices and determine the direction of FLEETWOOD FPO'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 FLEETWOOD FPO historical fundamentals such as revenue growth or operating cash flow patterns. Although FLEETWOOD FPO naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of FLEETWOOD FPO systematic risk associated with finding meaningful patterns of FLEETWOOD FPO fundamentals over time.
Please check Historical Fundamental Analysis of FLEETWOOD FPO to cross-verify your projections.

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FLEETWOOD FPO Receivables Turnover is fairly stable at the moment as compared to the past year. FLEETWOOD FPO reported Receivables Turnover of 7.31 in 2020. Inventory Turnover is likely to rise to 8.83 in 2021, whereas PPandE Turnover is likely to drop 4.66 in 2021. . Weighted Average Shares is likely to drop to about 69.4 M in 2021. Weighted Average Shares Diluted is likely to drop to about 69.6 M in 2021.
Most investors in FLEETWOOD FPO 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 FLEETWOOD FPO's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets FLEETWOOD FPO's price structures and extracts relationships that further increase the generated results' accuracy.
FLEETWOOD FPO polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for FLEETWOOD FPO as well as the accuracy indicators are determined from the period prices.

FLEETWOOD FPO Polynomial Regression Price Forecast For the 21st of September

Given 90 days horizon, the Polynomial Regression forecasted value of FLEETWOOD FPO on the next trading day is expected to be 2.20 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.005272, and the sum of the absolute errors of 3.54. Please note that although there have been many attempts to predict FLEETWOOD 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 FLEETWOOD FPO's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FLEETWOOD FPO Stock Forecast Pattern

Backtest FLEETWOOD FPOFLEETWOOD FPO Price PredictionBuy or Sell Advice 

FLEETWOOD FPO Forecasted Value

In the context of forecasting FLEETWOOD FPO's 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. FLEETWOOD FPO's downside and upside margins for the forecasting period are 0.06 and 4.35, respectively. We have considered FLEETWOOD FPO'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
2.44
20th of September 2021
2.20
Expected Value
4.35
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 FLEETWOOD FPO stock data series using in forecasting. Note that when a statistical model is used to represent FLEETWOOD FPO 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 Criteria112.8651
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0581
MAPEMean absolute percentage error0.0235
SAESum of the absolute errors3.5424
A single variable polynomial regression model attempts to put a curve through the FLEETWOOD FPO 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 FLEETWOOD FPO

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FLEETWOOD FPO. 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 FLEETWOOD FPO'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 FLEETWOOD FPO in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.312.444.57
Details
Intrinsic
Valuation
LowReal ValueHigh
0.102.084.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.332.412.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as FLEETWOOD FPO. Your research has to be compared to or analyzed against FLEETWOOD FPO's peers to derive any actionable benefits. When done correctly, FLEETWOOD FPO'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 FLEETWOOD FPO.

Other Forecasting Options for FLEETWOOD FPO

For every potential investor in FLEETWOOD, whether a beginner or expert, FLEETWOOD FPO's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FLEETWOOD Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FLEETWOOD. Basic forecasting techniques help filter out the noise by identifying FLEETWOOD FPO'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 FLEETWOOD FPO stock to make a market-neutral strategy. Peer analysis of FLEETWOOD FPO could also be used in its relative valuation, which is a method of valuing FLEETWOOD FPO by comparing valuation metrics with similar companies.

FLEETWOOD FPO 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 FLEETWOOD FPO'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 FLEETWOOD FPO's current price.

FLEETWOOD FPO Risk Indicators

The analysis of FLEETWOOD FPO'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 FLEETWOOD FPO's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting FLEETWOOD FPO 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.

FLEETWOOD FPO Investors Sentiment

The influence of FLEETWOOD FPO'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 FLEETWOOD. 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 - FWD

FLEETWOOD FPO Investor Sentiment

Most of Macroaxis users are currently bullish on FLEETWOOD FPO. What is your opinion about investing in FLEETWOOD FPO? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Please check Historical Fundamental Analysis of FLEETWOOD FPO to cross-verify your projections. Note that the FLEETWOOD FPO information on this page should be used as a complementary analysis to other FLEETWOOD FPO'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 Transaction History module to view history of all your transactions and understand their impact on performance.

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When running FLEETWOOD FPO price analysis, check to measure FLEETWOOD FPO'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 FLEETWOOD FPO is operating at the current time. Most of FLEETWOOD FPO's value examination focuses on studying past and present price action to predict the probability of FLEETWOOD FPO's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move FLEETWOOD FPO's price. Additionally, you may evaluate how the addition of FLEETWOOD FPO to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between FLEETWOOD FPO's value and its price as these two are different measures arrived at by different means. Investors typically determine FLEETWOOD FPO value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLEETWOOD FPO'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.