# Meritage Homes Polynomial Regression

MTH -- USA Stock

## Earnings Call:This Week

Investors can use this prediction interface to forecast Meritage Homes historic prices and determine the direction of Meritage Homes Corporation 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 Meritage Homes historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Meritage Homes Corporation systematic risks associated with finding meaningful patterns of Meritage Homes fundamentals over time. Please see also Historical Fundamental Analysis of Meritage Homes to cross-verify your projections.
 Symbol Refresh
 Horizon 30 Days     to change
Meritage Homes polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Meritage Homes Corporation as well as the accuracy indicators are determined from the period prices.
Given 30 days horizon, the value of Meritage Homes Corporation on the next trading day is expected to be 73.084799

## Meritage Homes Prediction Pattern

 Backtest Meritage Homes | Meritage Homes Price Prediction | Buy or Sell Advice

## Meritage Homes Forecasted Value

October 16, 2019
74.01
Market Value
73.08
Expected Value
Target Odds
 Above Odds Below Odds
81.09
Upside

## Model Predictive Factors

 AIC Akaike Information Criteria 119.27 Bias Arithmetic mean of the errors None MAD Mean absolute deviation 1.2435 MAPE Mean absolute percentage error 0.0195 SAE Sum of the absolute errors 75.852
A single variable polynomial regression model attempts to put a curve through the Meritage Homes 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

## Meritage Homes Technical Indicators

### Meritage Homes Technical and Predictive Analytics

 Cycle Indicators Math Operators Math Transform Momentum Indicators Overlap Studies Pattern Recognition Price Transform Statistic Functions Volatility Indicators Volume Indicators

## Volatility Measures

### Meritage Homes Risk Indicators

 Mean Deviation 1.44 Semi Deviation 1.01 Standard Deviation 2.63 Variance 6.94 Downside Variance 1.9 Semi Variance 1.03 Expected Short fall (1.79)
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