Ciptadana Asset Stock Forecast - Polynomial Regression

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

Ciptadana Asset Polynomial Regression Price Forecast For the 18th of May 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Ciptadana Asset Management on the next trading day is expected to be 57.73 with a mean absolute deviation of 1.69, mean absolute percentage error of 5.19, and the sum of the absolute errors of 105.07.

Ciptadana Asset Stock Forecast Pattern

Ciptadana Asset 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 Ciptadana Asset stock data series using in forecasting. Note that when a statistical model is used to represent Ciptadana Asset 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 Ciptadana Asset 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 Ciptadana Asset

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ciptadana Asset Mana. 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 52.51 56.00 59.49 Details

Intrinsic Valuation Low Real High 46.28 49.77 61.60 Details

Bollinger Band Projection (param) Low Middle High 56.78 61.75 66.72 Details

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

Other Forecasting Options for Ciptadana Asset

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

Ciptadana Asset Related Equities

Risk & Return

Correlation

Ciptadana Asset Mana 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 Ciptadana Asset'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 Ciptadana Asset's current price.

Ciptadana Asset Market Strength Events

Ciptadana Asset Risk Indicators

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Complementary Tools for Ciptadana Stock analysis

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