Payton L Stock Forecast - Polynomial Regression
PAYT Stock | ILS 6,450 143.00 2.27% |
The Polynomial Regression forecasted value of Payton L on the next trading day is expected to be 5,990 with a mean absolute deviation of 244.40 and the sum of the absolute errors of 14,908. Payton Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Payton L stock prices and determine the direction of Payton L's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Payton L's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Payton L to cross-verify your projections. Payton |
Most investors in Payton L 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 Payton L's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Payton L's price structures and extracts relationships that further increase the generated results' accuracy.
Payton L polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Payton L as well as the accuracy indicators are determined from the period prices. Payton L Polynomial Regression Price Forecast For the 25th of April
Given 90 days horizon, the Polynomial Regression forecasted value of Payton L on the next trading day is expected to be 5,990 with a mean absolute deviation of 244.40, mean absolute percentage error of 84,509, and the sum of the absolute errors of 14,908.Please note that although there have been many attempts to predict Payton 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 Payton L's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Payton L Stock Forecast Pattern
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Payton L Forecasted Value
In the context of forecasting Payton L's 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. Payton L's downside and upside margins for the forecasting period are 5,985 and 5,995, respectively. We have considered Payton L'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.
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 Payton L stock data series using in forecasting. Note that when a statistical model is used to represent Payton L 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.AIC | Akaike Information Criteria | 129.4551 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 244.3972 |
MAPE | Mean absolute percentage error | 0.0448 |
SAE | Sum of the absolute errors | 14908.2285 |
Predictive Modules for Payton L
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Payton L. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Payton L'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.
Other Forecasting Options for Payton L
For every potential investor in Payton, whether a beginner or expert, Payton L's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Payton Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Payton. Basic forecasting techniques help filter out the noise by identifying Payton L's price trends.Payton L 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 Payton L stock to make a market-neutral strategy. Peer analysis of Payton L could also be used in its relative valuation, which is a method of valuing Payton L by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Payton L 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 Payton L'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 Payton L's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Payton L Market Strength Events
Market strength indicators help investors to evaluate how Payton L stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Payton L shares will generate the highest return on investment. By undertsting and applying Payton L stock market strength indicators, traders can identify Payton L entry and exit signals to maximize returns.
Payton L Risk Indicators
The analysis of Payton L's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Payton L's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting payton stock prices, 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.
Mean Deviation | 2.0 | |||
Semi Deviation | 1.4 | |||
Standard Deviation | 4.48 | |||
Variance | 20.05 | |||
Downside Variance | 3.76 | |||
Semi Variance | 1.96 | |||
Expected Short fall | (2.44) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Payton L in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Payton L's short interest history, or implied volatility extrapolated from Payton L options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Payton L using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Historical Fundamental Analysis of Payton L to cross-verify your projections. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Payton Stock analysis
When running Payton L's price analysis, check to measure Payton L'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 Payton L is operating at the current time. Most of Payton L's value examination focuses on studying past and present price action to predict the probability of Payton L's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Payton L's price. Additionally, you may evaluate how the addition of Payton L to your portfolios can decrease your overall portfolio volatility.
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