Ilex Medical Stock Forecast - Polynomial Regression

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

Ilex Medical Polynomial Regression Price Forecast For the 28th of April

Given 90 days horizon, the Polynomial Regression forecasted value of Ilex Medical on the next trading day is expected to be 6,961 with a mean absolute deviation of 121.12, mean absolute percentage error of 23,297, and the sum of the absolute errors of 7,388.

Ilex Medical Stock Forecast Pattern

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Ilex Medical Price Prediction

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Ilex Medical 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 Ilex Medical stock data series using in forecasting. Note that when a statistical model is used to represent Ilex Medical 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. A single variable polynomial regression model attempts to put a curve through the Ilex Medical 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 Ilex Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ilex Medical. 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 6,699 6,700 6,701 Details

Intrinsic Valuation Low Real High 6,482 6,484 7,370 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ilex Medical. Your research has to be compared to or analyzed against Ilex Medical's peers to derive any actionable benefits. When done correctly, Ilex Medical'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 Ilex Medical.

Other Forecasting Options for Ilex Medical

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

Ilex Medical Related Equities

Risk & Return

Correlation

Ilex Medical 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 Ilex Medical'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 Ilex Medical's current price.

Ilex Medical Market Strength Events

Ilex Medical Risk Indicators

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Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Ilex Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ilex Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ilex Medical'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.