Amundi OTC Stock Forecast - Polynomial Regression

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AMDUF -- USA Stock  

USD 75.00  0.00  0.00%

Amundi OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Amundi historical stock prices and determine the direction of Amundi'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 Amundi historical fundamentals such as revenue growth or operating cash flow patterns. Please continue to Historical Fundamental Analysis of Amundi to cross-verify your projections.

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

Amundi Polynomial Regression Price Forecast For the 3rd of July

Given 30 days horizon, the forecasted value of Amundi on the next trading day is expected to be  73.56  with a mean absolute deviation of  1.28 , mean absolute percentage error of  3.22 , and the sum of the absolute errors of  79.52 
 73.56 

Amundi OTC Stock Forecast Pattern

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Amundi Forecasted Value

Market Value
75.00
2nd of July 2020
73.56
Expected Value
75.66
Upside

Model Predictive Factors

AICAkaike Information Criteria121.1167
BiasArithmetic mean of the errors None
MADMean absolute deviation1.2826
MAPEMean absolute percentage error0.0189
SAESum of the absolute errors79.521
A single variable polynomial regression model attempts to put a curve through the Amundi 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 Amundi

There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Amundi. 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
LowEstimated ValueHigh
73.3775.4777.57
Details
Intrinsic
Valuation
LowReal ValueHigh
67.5084.4086.50
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
75.0075.0075.00
Details

Other Forecasting Options for Amundi

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Amundi Technical and Predictive Analytics

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Amundi Risk Indicators

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Risk-Return Analysis

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Amundi Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Amundi and Northern Trust. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please continue to Historical Fundamental Analysis of Amundi to cross-verify your projections. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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