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DOW Index Forecast - Polynomial Regression

DOW
DJI -- USA Index  

 25,409  357.28  1.39%

Investors can use this prediction interface to forecast DOW historic stock prices and determine the direction of DOW future trends based on various well-known forecasting models. However, looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of DOW historical fundamentals such as revenue growth or operating cash flow patterns. Check out fundamental analysis of DOW to check your projections.
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DOW polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for DOW as well as the accuracy indicators are determined from the period prices.
Given 30 days horizon, the value of DOW on the next trading day is expected to be 26579.733685

DOW Index Forecast Pattern

DOW Forecasted Value

Market Value
25,409
February 28, 2020
26,576
Downside
26,580
Expected Value
26,583
Upside

Model Predictive Factors

AICAkaike Information Criteria130.6032
BiasArithmetic mean of the errors None
MADMean absolute deviation363.8577
MAPEMean absolute percentage error0.0129
SAESum of the absolute errors22195.319
A single variable polynomial regression model attempts to put a curve through the DOW 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

Volatility Measures

DOW Risk Indicators

Current Sentiment - DJI

DOW Investor Sentiment

Most of Macroaxis investors are at this time bullish on DOW. What is your opinion about investing in USA companies? Are you bullish or bearish on DOW?
Bullish
Bearish
98% Bullish
2% Bearish
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Check out fundamental analysis of DOW to check your projections. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.