Beeio Honey Stock Forecast - Polynomial Regression

WTS Stock   51.20  2.40  4.92%   
The Polynomial Regression forecasted value of Beeio Honey on the next trading day is expected to be 45.98 with a mean absolute deviation of  1.91  and the sum of the absolute errors of 116.68. Beeio Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Beeio Honey stock prices and determine the direction of Beeio Honey's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Beeio Honey's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Beeio Honey to cross-verify your projections.
  
Most investors in Beeio Honey 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 Beeio Honey's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Beeio Honey's price structures and extracts relationships that further increase the generated results' accuracy.
Beeio Honey polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Beeio Honey as well as the accuracy indicators are determined from the period prices.

Beeio Honey Polynomial Regression Price Forecast For the 1st of May

Given 90 days horizon, the Polynomial Regression forecasted value of Beeio Honey on the next trading day is expected to be 45.98 with a mean absolute deviation of 1.91, mean absolute percentage error of 5.00, and the sum of the absolute errors of 116.68.
Please note that although there have been many attempts to predict Beeio 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 Beeio Honey's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Beeio Honey Stock Forecast Pattern

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Beeio Honey Forecasted Value

In the context of forecasting Beeio Honey'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. Beeio Honey's downside and upside margins for the forecasting period are 41.82 and 50.14, respectively. We have considered Beeio Honey'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
51.20
45.98
Expected Value
50.14
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 Beeio Honey stock data series using in forecasting. Note that when a statistical model is used to represent Beeio Honey 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 Criteria119.7206
BiasArithmetic mean of the errors None
MADMean absolute deviation1.9127
MAPEMean absolute percentage error0.029
SAESum of the absolute errors116.6755
A single variable polynomial regression model attempts to put a curve through the Beeio Honey 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 Beeio Honey

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Beeio Honey. 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 Beeio Honey'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
0.000.004.16
Details
Intrinsic
Valuation
LowRealHigh
0.000.004.16
Details
Bollinger
Band Projection (param)
LowMiddleHigh
46.8060.3173.81
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beeio Honey. Your research has to be compared to or analyzed against Beeio Honey's peers to derive any actionable benefits. When done correctly, Beeio Honey'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 Beeio Honey.

Other Forecasting Options for Beeio Honey

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

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

Beeio Honey 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 Beeio Honey'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 Beeio Honey's current price.

Beeio Honey Market Strength Events

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

Beeio Honey Risk Indicators

The analysis of Beeio Honey'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 Beeio Honey's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting beeio 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.
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 Beeio Honey 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, Beeio Honey's short interest history, or implied volatility extrapolated from Beeio Honey options trading.

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.
Check out Historical Fundamental Analysis of Beeio Honey to cross-verify your projections.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Beeio Honey's price analysis, check to measure Beeio Honey'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 Beeio Honey is operating at the current time. Most of Beeio Honey's value examination focuses on studying past and present price action to predict the probability of Beeio Honey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beeio Honey's price. Additionally, you may evaluate how the addition of Beeio Honey to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Beeio Honey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beeio Honey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beeio Honey's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.