Power REIT Stock Forecast - Simple Regression
| PW Stock | USD 0.52 0.03 5.45% |
The Simple Regression forecasted value of Power REIT on the next trading day is expected to be 0.60 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.52. Power Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Power REIT stock prices and determine the direction of Power REIT's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Power REIT's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Power REIT's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Power REIT's systematic risk associated with finding meaningful patterns of Power REIT fundamentals over time.
Check out Historical Fundamental Analysis of Power REIT to cross-verify your projections. Power |
Most investors in Power REIT 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 Power REIT's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Power REIT's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through Power REIT 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. Power REIT Simple Regression Price Forecast For the 17th of April 2024
Given 90 days horizon, the Simple Regression forecasted value of Power REIT on the next trading day is expected to be 0.60 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.52.Please note that although there have been many attempts to predict Power 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 Power REIT's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Power REIT Stock Forecast Pattern
| Backtest Power REIT | Power REIT Price Prediction | Buy or Sell Advice |
Power REIT Forecasted Value
In the context of forecasting Power REIT'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. Power REIT's downside and upside margins for the forecasting period are 0.01 and 5.94, respectively. We have considered Power REIT'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.
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 Power REIT stock data series using in forecasting. Note that when a statistical model is used to represent Power REIT 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.| AIC | Akaike Information Criteria | 112.5325 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0413 |
| MAPE | Mean absolute percentage error | 0.066 |
| SAE | Sum of the absolute errors | 2.5194 |
Predictive Modules for Power REIT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Power REIT. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Power REIT'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.
Other Forecasting Options for Power REIT
For every potential investor in Power, whether a beginner or expert, Power REIT's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Power Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Power. Basic forecasting techniques help filter out the noise by identifying Power REIT's price trends.Power REIT 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 Power REIT stock to make a market-neutral strategy. Peer analysis of Power REIT could also be used in its relative valuation, which is a method of valuing Power REIT by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Power REIT 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 Power REIT'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 Power REIT's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Power REIT Market Strength Events
Market strength indicators help investors to evaluate how Power REIT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Power REIT shares will generate the highest return on investment. By undertsting and applying Power REIT stock market strength indicators, traders can identify Power REIT entry and exit signals to maximize returns.
Power REIT Risk Indicators
The analysis of Power REIT's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Power REIT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting power stock prices, 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.
| Mean Deviation | 3.55 | |||
| Standard Deviation | 5.33 | |||
| Variance | 28.4 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Power REIT 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.Build Optimal Portfolios
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Check out Historical Fundamental Analysis of Power REIT to cross-verify your projections. For more information on how to buy Power Stock please use our How to Invest in Power REIT guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Power Stock analysis
When running Power REIT's price analysis, check to measure Power REIT'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 Power REIT is operating at the current time. Most of Power REIT's value examination focuses on studying past and present price action to predict the probability of Power REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power REIT's price. Additionally, you may evaluate how the addition of Power REIT to your portfolios can decrease your overall portfolio volatility.
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Is Power REIT'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 Power REIT. If investors know Power 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 Power REIT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Earnings Share (4.43) | Revenue Per Share 0.696 | Quarterly Revenue Growth (0.72) | Return On Assets (0.03) |
The market value of Power REIT is measured differently than its book value, which is the value of Power that is recorded on the company's balance sheet. Investors also form their own opinion of Power REIT's value that differs from its market value or its book value, called intrinsic value, which is Power REIT'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 Power REIT's market value can be influenced by many factors that don't directly affect Power REIT'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 Power REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if Power REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Power REIT'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.