Synergetic Auto Stock Forecast - Polynomial Regression
| ASAP Stock | THB 3.04 0.02 0.65% |
The Polynomial Regression forecasted value of Synergetic Auto Performance on the next trading day is expected to be 3.00 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.77. Synergetic Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Synergetic Auto stock prices and determine the direction of Synergetic Auto Performance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Synergetic Auto's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Synergetic Auto to cross-verify your projections. Synergetic |
Most investors in Synergetic Auto 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 Synergetic Auto's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Synergetic Auto's price structures and extracts relationships that further increase the generated results' accuracy.
Synergetic Auto polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Synergetic Auto Performance as well as the accuracy indicators are determined from the period prices. Synergetic Auto Polynomial Regression Price Forecast For the 2nd of May
Given 90 days horizon, the Polynomial Regression forecasted value of Synergetic Auto Performance on the next trading day is expected to be 3.00 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.77.Please note that although there have been many attempts to predict Synergetic 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 Synergetic Auto's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Synergetic Auto Stock Forecast Pattern
| Backtest Synergetic Auto | Synergetic Auto Price Prediction | Buy or Sell Advice |
Synergetic Auto Forecasted Value
In the context of forecasting Synergetic Auto'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. Synergetic Auto's downside and upside margins for the forecasting period are 0.73 and 5.26, respectively. We have considered Synergetic Auto'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 Synergetic Auto stock data series using in forecasting. Note that when a statistical model is used to represent Synergetic Auto 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 | 115.5966 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0931 |
| MAPE | Mean absolute percentage error | 0.0302 |
| SAE | Sum of the absolute errors | 5.7749 |
Predictive Modules for Synergetic Auto
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Synergetic Auto Perf. 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 Synergetic Auto'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 Synergetic Auto
For every potential investor in Synergetic, whether a beginner or expert, Synergetic Auto's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Synergetic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Synergetic. Basic forecasting techniques help filter out the noise by identifying Synergetic Auto's price trends.Synergetic Auto 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 Synergetic Auto stock to make a market-neutral strategy. Peer analysis of Synergetic Auto could also be used in its relative valuation, which is a method of valuing Synergetic Auto by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Synergetic Auto Perf 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 Synergetic Auto'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 Synergetic Auto's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Synergetic Auto Market Strength Events
Market strength indicators help investors to evaluate how Synergetic Auto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synergetic Auto shares will generate the highest return on investment. By undertsting and applying Synergetic Auto stock market strength indicators, traders can identify Synergetic Auto Performance entry and exit signals to maximize returns.
Synergetic Auto Risk Indicators
The analysis of Synergetic Auto'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 Synergetic Auto's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting synergetic 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 | 1.52 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.96 |
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.
Pair Trading with Synergetic Auto
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Synergetic Auto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Synergetic Auto will appreciate offsetting losses from the drop in the long position's value.Moving against Synergetic Stock
| 0.67 | SCB | SCB X Public | PairCorr |
| 0.63 | PTT | PTT Public | PairCorr |
| 0.46 | KBANK-R | Kasikornbank Public | PairCorr |
The ability to find closely correlated positions to Synergetic Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synergetic Auto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Synergetic Auto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Synergetic Auto Performance to buy it.
The correlation of Synergetic Auto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Synergetic Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synergetic Auto Perf moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Synergetic Auto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Synergetic Auto to cross-verify your projections. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Synergetic Stock analysis
When running Synergetic Auto's price analysis, check to measure Synergetic Auto'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 Synergetic Auto is operating at the current time. Most of Synergetic Auto's value examination focuses on studying past and present price action to predict the probability of Synergetic Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synergetic Auto's price. Additionally, you may evaluate how the addition of Synergetic Auto to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| CEOs Directory Screen CEOs from public companies around the world |