AGBA Acquisition Stock Forecast - Simple Regression

AGBAW Stock  USD 0.19  0.01  5.00%   
The Simple Regression forecasted value of AGBA Acquisition Limited on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.12. AGBA Stock Forecast is based on your current time horizon.
  
At this time, AGBA Acquisition's Fixed Asset Turnover is fairly stable compared to the past year. Asset Turnover is likely to climb to 0.88 in 2024, whereas Inventory Turnover is likely to drop (0) in 2024. . Common Stock Shares Outstanding is likely to climb to about 68.5 M in 2024, despite the fact that Net Loss is likely to grow to (143.1 K).
Most investors in AGBA Acquisition 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 AGBA Acquisition's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AGBA Acquisition's price structures and extracts relationships that further increase the accuracy of the generated results. Simple Regression model is a single variable regression model that attempts to put a straight line through AGBA Acquisition price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

AGBA Acquisition Simple Regression Price Forecast For the 14th of October 2024

Given 90 days horizon, the Simple Regression forecasted value of AGBA Acquisition Limited on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 1.12.
Please note that although there have been many attempts to predict AGBA 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 AGBA Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AGBA Acquisition Stock Forecast Pattern

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AGBA Acquisition Forecasted Value

In the context of forecasting AGBA Acquisition'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. AGBA Acquisition's downside and upside margins for the forecasting period are 0 and 8.82, respectively. We have considered AGBA Acquisition'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
0.19
0.20
Expected Value
8.82
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of AGBA Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent AGBA Acquisition 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 Criteria110.5763
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0184
MAPEMean absolute percentage error0.0821
SAESum of the absolute errors1.1226
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as AGBA Acquisition Limited historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for AGBA Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AGBA Acquisition. 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 AGBA Acquisition'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.
Hype
Prediction
LowEstimatedHigh
0.010.198.81
Details
Intrinsic
Valuation
LowRealHigh
0.010.178.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AGBA Acquisition. Your research has to be compared to or analyzed against AGBA Acquisition's peers to derive any actionable benefits. When done correctly, AGBA Acquisition'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 AGBA Acquisition.

Other Forecasting Options for AGBA Acquisition

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

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

AGBA Acquisition 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 AGBA Acquisition'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 AGBA Acquisition's current price.

AGBA Acquisition Market Strength Events

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

AGBA Acquisition Risk Indicators

The analysis of AGBA Acquisition'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 AGBA Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agba 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for AGBA Stock Analysis

When running AGBA Acquisition's price analysis, check to measure AGBA Acquisition'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 AGBA Acquisition is operating at the current time. Most of AGBA Acquisition's value examination focuses on studying past and present price action to predict the probability of AGBA Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGBA Acquisition's price. Additionally, you may evaluate how the addition of AGBA Acquisition to your portfolios can decrease your overall portfolio volatility.