Qualitech Public Stock Forecast - Polynomial Regression
| QLT Stock | THB 2.78 0.04 1.42% |
The Polynomial Regression forecasted value of Qualitech Public on the next trading day is expected to be 2.75 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.89. Qualitech Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Qualitech Public stock prices and determine the direction of Qualitech Public's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Qualitech Public's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Qualitech Public to cross-verify your projections. Qualitech |
Most investors in Qualitech Public 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 Qualitech Public's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Qualitech Public's price structures and extracts relationships that further increase the generated results' accuracy.
Qualitech Public polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Qualitech Public as well as the accuracy indicators are determined from the period prices. Qualitech Public Polynomial Regression Price Forecast For the 22nd of May
Given 90 days horizon, the Polynomial Regression forecasted value of Qualitech Public on the next trading day is expected to be 2.75 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.89.Please note that although there have been many attempts to predict Qualitech 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 Qualitech Public's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Qualitech Public Stock Forecast Pattern
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Qualitech Public Forecasted Value
In the context of forecasting Qualitech Public'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. Qualitech Public's downside and upside margins for the forecasting period are 0.44 and 5.06, respectively. We have considered Qualitech Public'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Qualitech Public stock data series using in forecasting. Note that when a statistical model is used to represent Qualitech Public 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 | 114.7496 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0627 |
| MAPE | Mean absolute percentage error | 0.0224 |
| SAE | Sum of the absolute errors | 3.8857 |
Predictive Modules for Qualitech Public
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qualitech Public. 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 Qualitech Public'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 Qualitech Public
For every potential investor in Qualitech, whether a beginner or expert, Qualitech Public's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Qualitech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Qualitech. Basic forecasting techniques help filter out the noise by identifying Qualitech Public's price trends.Qualitech Public 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 Qualitech Public stock to make a market-neutral strategy. Peer analysis of Qualitech Public could also be used in its relative valuation, which is a method of valuing Qualitech Public by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Qualitech Public 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 Qualitech Public'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 Qualitech Public's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Qualitech Public Market Strength Events
Market strength indicators help investors to evaluate how Qualitech Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qualitech Public shares will generate the highest return on investment. By undertsting and applying Qualitech Public stock market strength indicators, traders can identify Qualitech Public entry and exit signals to maximize returns.
| Accumulation Distribution | 1078.57 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2.75 | |||
| Day Typical Price | 2.76 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | (0.04) |
Qualitech Public Risk Indicators
The analysis of Qualitech Public'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 Qualitech Public's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qualitech 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 | 1.65 | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.81 |
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 Qualitech Public 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 Qualitech Public to cross-verify your projections. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Qualitech Stock analysis
When running Qualitech Public's price analysis, check to measure Qualitech Public'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 Qualitech Public is operating at the current time. Most of Qualitech Public's value examination focuses on studying past and present price action to predict the probability of Qualitech Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualitech Public's price. Additionally, you may evaluate how the addition of Qualitech Public to your portfolios can decrease your overall portfolio volatility.
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