Sony Corp OTC Stock Forecast - Polynomial Regression

SNEJF -  USA Stock  

USD 110.51  1.00  0.90%

SNEJF OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sony Corp historical stock prices and determine the direction of Sony Corp Ord'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 Sony Corp historical fundamentals such as revenue growth or operating cash flow patterns.
Additionally, take a look at Historical Fundamental Analysis of Sony Corp to cross-verify your projections.

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Most investors in Sony Corp 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 Sony Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sony Corp's price structures and extracts relationships that further increase the generated results' accuracy.
Sony Corp polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Sony Corp Ord as well as the accuracy indicators are determined from the period prices.

Sony Corp Polynomial Regression Price Forecast For the 21st of September

Given 90 days horizon, the Polynomial Regression forecasted value of Sony Corp Ord on the next trading day is expected to be 101.25 with a mean absolute deviation of 5.26, mean absolute percentage error of 43.26, and the sum of the absolute errors of 2,749. Please note that although there have been many attempts to predict SNEJF OTC 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 Sony Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sony Corp OTC Stock Forecast Pattern

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Sony Corp Forecasted Value

In the context of forecasting Sony Corp's OTC 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. Sony Corp's downside and upside margins for the forecasting period are 97.20 and 105.31, respectively. We have considered Sony Corp'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
110.51
20th of September 2021
101.25
Expected Value
105.31
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 Sony Corp otc stock data series using in forecasting. Note that when a statistical model is used to represent Sony Corp otc 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 Criteria970.9768
BiasArithmetic mean of the errors None
MADMean absolute deviation5.2569
MAPEMean absolute percentage error0.0671
SAESum of the absolute errors2749.3686
A single variable polynomial regression model attempts to put a curve through the Sony Corp 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 Sony Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sony Corp Ord. 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 Sony Corp'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 Sony Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
108.74110.87113.00
Details
Intrinsic
Valuation
LowReal ValueHigh
88.1890.31121.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
107.94110.46112.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sony Corp. Your research has to be compared to or analyzed against Sony Corp's peers to derive any actionable benefits. When done correctly, Sony Corp'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 Sony Corp Ord.

Other Forecasting Options for Sony Corp

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

Sony Corp Ord 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 Sony Corp'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 Sony Corp's current price.

Sony Corp Risk Indicators

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

Sony Corp Investors Sentiment

The influence of Sony Corp'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 SNEJF. 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 - SNEJF

Sony Corp Ord Investor Sentiment

Most of Macroaxis users are at this time bullish on Sony Corp Ord. What is your outlook on investing in Sony Corp Ord? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally, take a look at Historical Fundamental Analysis of Sony Corp to cross-verify your projections. Note that the Sony Corp Ord information on this page should be used as a complementary analysis to other Sony Corp'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for SNEJF OTC Stock analysis

When running Sony Corp Ord price analysis, check to measure Sony Corp'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 Sony Corp is operating at the current time. Most of Sony Corp's value examination focuses on studying past and present price action to predict the probability of Sony Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sony Corp's price. Additionally, you may evaluate how the addition of Sony Corp to your portfolios can decrease your overall portfolio volatility.
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The market value of Sony Corp Ord is measured differently than its book value, which is the value of SNEJF that is recorded on the company's balance sheet. Investors also form their own opinion of Sony Corp's value that differs from its market value or its book value, called intrinsic value, which is Sony Corp'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 Sony Corp's market value can be influenced by many factors that don't directly affect Sony Corp Ord underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sony Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Sony Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sony Corp'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.