Big Shopping Stock Forecast - Polynomial Regression
| BIG Stock | ILS 39,310 610.00 1.58% |
The Polynomial Regression forecasted value of Big Shopping Centers on the next trading day is expected to be 37,554 with a mean absolute deviation of 730.08 and the sum of the absolute errors of 44,535. Big Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Big Shopping stock prices and determine the direction of Big Shopping Centers's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Big Shopping's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Big Shopping to cross-verify your projections. Big |
Most investors in Big Shopping 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 Big Shopping's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Big Shopping's price structures and extracts relationships that further increase the generated results' accuracy.
Big Shopping polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Big Shopping Centers as well as the accuracy indicators are determined from the period prices. Big Shopping Polynomial Regression Price Forecast For the 7th of May
Given 90 days horizon, the Polynomial Regression forecasted value of Big Shopping Centers on the next trading day is expected to be 37,554 with a mean absolute deviation of 730.08, mean absolute percentage error of 804,146, and the sum of the absolute errors of 44,535.Please note that although there have been many attempts to predict Big 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 Big Shopping's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Big Shopping Stock Forecast Pattern
| Backtest Big Shopping | Big Shopping Price Prediction | Buy or Sell Advice |
Big Shopping Forecasted Value
In the context of forecasting Big Shopping'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. Big Shopping's downside and upside margins for the forecasting period are 37,552 and 37,555, respectively. We have considered Big Shopping'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 Big Shopping stock data series using in forecasting. Note that when a statistical model is used to represent Big Shopping 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 | 131.708 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 730.0817 |
| MAPE | Mean absolute percentage error | 0.0187 |
| SAE | Sum of the absolute errors | 44534.983 |
Predictive Modules for Big Shopping
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Big Shopping Centers. 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 Big Shopping'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 Big Shopping
For every potential investor in Big, whether a beginner or expert, Big Shopping's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Big Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Big. Basic forecasting techniques help filter out the noise by identifying Big Shopping's price trends.Big Shopping 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 Big Shopping stock to make a market-neutral strategy. Peer analysis of Big Shopping could also be used in its relative valuation, which is a method of valuing Big Shopping by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Big Shopping Centers 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 Big Shopping'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 Big Shopping's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Big Shopping Market Strength Events
Market strength indicators help investors to evaluate how Big Shopping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Big Shopping shares will generate the highest return on investment. By undertsting and applying Big Shopping stock market strength indicators, traders can identify Big Shopping Centers entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0282 | |||
| Daily Balance Of Power | 0.5446 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 39100.0 | |||
| Day Typical Price | 39170.0 | |||
| Market Facilitation Index | 1120.0 | |||
| Price Action Indicator | 515.0 | |||
| Period Momentum Indicator | 610.0 |
Big Shopping Risk Indicators
The analysis of Big Shopping'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 Big Shopping's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting big 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 | 1.34 | |||
| Semi Deviation | 1.33 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.43 | |||
| Downside Variance | 1.88 | |||
| Semi Variance | 1.76 | |||
| Expected Short fall | (1.79) |
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 Big Shopping
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 Big Shopping 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 Big Shopping will appreciate offsetting losses from the drop in the long position's value.Moving together with Big Stock
| 0.75 | MGDL | Migdal Insurance | PairCorr |
| 0.64 | HARL | Harel Insurance Inve | PairCorr |
| 0.87 | MMHD | Menora Miv Hld | PairCorr |
| 0.87 | CLIS | Clal Insurance Enter | PairCorr |
Moving against Big Stock
| 0.46 | NZHT | Netz Hotels | PairCorr |
The ability to find closely correlated positions to Big Shopping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Shopping 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 Big Shopping - 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 Big Shopping Centers to buy it.
The correlation of Big Shopping 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 Big Shopping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Shopping Centers 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 Big Shopping 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 Big Shopping to cross-verify your projections. Note that the Big Shopping Centers information on this page should be used as a complementary analysis to other Big Shopping's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Big Stock analysis
When running Big Shopping's price analysis, check to measure Big Shopping'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 Big Shopping is operating at the current time. Most of Big Shopping's value examination focuses on studying past and present price action to predict the probability of Big Shopping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Shopping's price. Additionally, you may evaluate how the addition of Big Shopping to your portfolios can decrease your overall portfolio volatility.
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