Acorn Energy, OTC Stock Forecast - Polynomial Regression

ACFN Stock  USD 17.95  0.06  0.33%   
The Polynomial Regression forecasted value of Acorn Energy, Common on the next trading day is expected to be 17.40 with a mean absolute deviation of 0.45 and the sum of the absolute errors of 27.39. Acorn OTC Stock Forecast is based on your current time horizon.
  
Acorn Energy, polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Acorn Energy, Common as well as the accuracy indicators are determined from the period prices.

Acorn Energy, Polynomial Regression Price Forecast For the 26th of July

Given 90 days horizon, the Polynomial Regression forecasted value of Acorn Energy, Common on the next trading day is expected to be 17.40 with a mean absolute deviation of 0.45, mean absolute percentage error of 0.30, and the sum of the absolute errors of 27.39.
Please note that although there have been many attempts to predict Acorn OTC 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 Acorn Energy,'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Acorn Energy, OTC Stock Forecast Pattern

Backtest Acorn Energy,Acorn Energy, Price PredictionBuy or Sell Advice 

Acorn Energy, Forecasted Value

In the context of forecasting Acorn Energy,'s OTC 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. Acorn Energy,'s downside and upside margins for the forecasting period are 13.87 and 20.93, respectively. We have considered Acorn Energy,'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.
Market Value
17.95
17.40
Expected Value
20.93
Upside

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 Acorn Energy, otc stock data series using in forecasting. Note that when a statistical model is used to represent Acorn Energy, otc 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.
AICAkaike Information Criteria116.9188
BiasArithmetic mean of the errors None
MADMean absolute deviation0.449
MAPEMean absolute percentage error0.0265
SAESum of the absolute errors27.3897
A single variable polynomial regression model attempts to put a curve through the Acorn Energy, 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 Acorn Energy,

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Acorn Energy, Common. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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
LowEstimatedHigh
14.4217.9521.48
Details
Intrinsic
Valuation
LowRealHigh
10.9314.4617.99
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.2016.8318.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Acorn Energy,. Your research has to be compared to or analyzed against Acorn Energy,'s peers to derive any actionable benefits. When done correctly, Acorn Energy,'s competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Acorn Energy, Common.

Other Forecasting Options for Acorn Energy,

For every potential investor in Acorn, whether a beginner or expert, Acorn Energy,'s price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Acorn OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Acorn. Basic forecasting techniques help filter out the noise by identifying Acorn Energy,'s price trends.

Acorn Energy, 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 Acorn Energy, otc stock to make a market-neutral strategy. Peer analysis of Acorn Energy, could also be used in its relative valuation, which is a method of valuing Acorn Energy, by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Acorn Energy, Common Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Acorn Energy,'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 Acorn Energy,'s current price.

Acorn Energy, Market Strength Events

Market strength indicators help investors to evaluate how Acorn Energy, otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acorn Energy, shares will generate the highest return on investment. By undertsting and applying Acorn Energy, otc stock market strength indicators, traders can identify Acorn Energy, Common entry and exit signals to maximize returns.

Acorn Energy, Risk Indicators

The analysis of Acorn Energy,'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 Acorn Energy,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting acorn otc 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.
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 Acorn Energy,

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 Acorn Energy, 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 Acorn Energy, will appreciate offsetting losses from the drop in the long position's value.

Moving against Acorn OTC Stock

  0.56LGL LGL GroupPairCorr
  0.39ELSE Electro SensorsPairCorr
  0.38WATT EnergousPairCorr
  0.38GNSS GenasysPairCorr
  0.36TDY Teledyne TechnologiesPairCorr
The ability to find closely correlated positions to Acorn Energy, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acorn Energy, 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 Acorn Energy, - 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 Acorn Energy, Common to buy it.
The correlation of Acorn Energy, 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 Acorn Energy, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acorn Energy, Common 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 Acorn Energy, 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Acorn OTC Stock

Acorn Energy, financial ratios help investors to determine whether Acorn OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Acorn with respect to the benefits of owning Acorn Energy, security.