Delta Galil Stock Forecast - Polynomial Regression
| DELT Stock | ILA 16,120 500.00 3.01% |
The Polynomial Regression forecasted value of Delta Galil Industries on the next trading day is expected to be 16,356 with a mean absolute deviation of 340.01 and the sum of the absolute errors of 20,741. Delta Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Delta Galil stock prices and determine the direction of Delta Galil Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Delta Galil's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Delta |
Most investors in Delta Galil 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 Delta Galil's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Delta Galil's price structures and extracts relationships that further increase the generated results' accuracy.
Delta Galil polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Delta Galil Industries as well as the accuracy indicators are determined from the period prices. Delta Galil Polynomial Regression Price Forecast For the 2nd of May
Given 90 days horizon, the Polynomial Regression forecasted value of Delta Galil Industries on the next trading day is expected to be 16,356 with a mean absolute deviation of 340.01, mean absolute percentage error of 204,418, and the sum of the absolute errors of 20,741.Please note that although there have been many attempts to predict Delta 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 Delta Galil's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Delta Galil Stock Forecast Pattern
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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 Delta Galil stock data series using in forecasting. Note that when a statistical model is used to represent Delta Galil 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 | 130.3384 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 340.0144 |
| MAPE | Mean absolute percentage error | 0.0206 |
| SAE | Sum of the absolute errors | 20740.8783 |
Predictive Modules for Delta Galil
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delta Galil Industries. 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 Delta Galil'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.
Delta Galil 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 Delta Galil stock to make a market-neutral strategy. Peer analysis of Delta Galil could also be used in its relative valuation, which is a method of valuing Delta Galil by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Delta Galil Market Strength Events
Market strength indicators help investors to evaluate how Delta Galil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delta Galil shares will generate the highest return on investment. By undertsting and applying Delta Galil stock market strength indicators, traders can identify Delta Galil Industries entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0331 | |||
| Daily Balance Of Power | (0.91) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 16345.0 | |||
| Day Typical Price | 16270.0 | |||
| Market Facilitation Index | 550.0 | |||
| Price Action Indicator | (475.00) | |||
| Period Momentum Indicator | (500.00) | |||
| Relative Strength Index | 47.79 |
Delta Galil Risk Indicators
The analysis of Delta Galil'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 Delta Galil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting delta 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 | 1.61 | |||
| Semi Deviation | 1.92 | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.7 | |||
| Downside Variance | 4.06 | |||
| Semi Variance | 3.68 | |||
| Expected Short fall | (1.80) |
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 Delta Galil 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, Delta Galil's short interest history, or implied volatility extrapolated from Delta Galil options trading.
Pair Trading with Delta Galil
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 Delta Galil 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 Delta Galil will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Delta Galil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Galil 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 Delta Galil - 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 Delta Galil Industries to buy it.
The correlation of Delta Galil 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 Delta Galil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Galil Industries 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 Delta Galil 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Delta Stock analysis
When running Delta Galil's price analysis, check to measure Delta Galil'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 Delta Galil is operating at the current time. Most of Delta Galil's value examination focuses on studying past and present price action to predict the probability of Delta Galil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Galil's price. Additionally, you may evaluate how the addition of Delta Galil to your portfolios can decrease your overall portfolio volatility.
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