IDX 30 Index Forecast - Polynomial Regression

IDX 30 polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for IDX 30 Jakarta as well as the accuracy indicators are determined from the period prices.

IDX 30 Polynomial Regression Price Forecast For the 7th of June

Given 90 days horizon, the Polynomial Regression forecasted value of IDX 30 Jakarta on the next trading day is expected to be 487.41 with a mean absolute deviation of 3.61, mean absolute percentage error of 23.75, and the sum of the absolute errors of 219.98.

IDX 30 Index Forecast Pattern

IDX 30 Forecasted Value

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 IDX 30 index data series using in forecasting. Note that when a statistical model is used to represent IDX 30 index, 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. A single variable polynomial regression model attempts to put a curve through the IDX 30 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 + ... + a_m*X^m

Predictive Modules for IDX 30

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IDX 30 Jakarta. 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.

Other Forecasting Options for IDX 30

For every potential investor in IDX, whether a beginner or expert, IDX 30's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. IDX Index price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in IDX. Basic forecasting techniques help filter out the noise by identifying IDX 30's price trends.

IDX 30 Related Equities

Risk & Return

Correlation

IDX 30 Jakarta 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 IDX 30'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 IDX 30's current price.

IDX 30 Market Strength Events

IDX 30 Risk Indicators

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as IDX 30 Jakarta using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Complementary Tools for IDX Index analysis

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