Vincit Oyj Stock Forecast - Polynomial Regression

VINCIT -- Norway Stock  

EUR 4.39  0.00  0.00%

Vincit Oyj Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Vincit Oyj historical stock prices and determine the direction of Vincit Oyj's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Vincit Oyj historical fundamentals such as revenue growth or operating cash flow patterns. Also please take a look at World Market Map.

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Vincit Oyj polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Vincit Oyj as well as the accuracy indicators are determined from the period prices.

Vincit Oyj Polynomial Regression Price Forecast For the 13th of July 2020

Given 30 days horizon, the forecasted value of Vincit Oyj on the next trading day is expected to be  4.39  with a mean absolute deviation of  0.28 , mean absolute percentage error of  0.12 , and the sum of the absolute errors of  7.33 

Vincit Oyj Stock Forecast Pattern

Model Predictive Factors

AICAkaike Information Criteria51.6626
BiasArithmetic mean of the errors None
MADMean absolute deviation0.282
MAPEMean absolute percentage error0.0708
SAESum of the absolute errors7.3316
A single variable polynomial regression model attempts to put a curve through the Vincit Oyj 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 Vincit Oyj

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vincit Oyj. 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.
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Volatility Measures

Vincit Oyj Risk Indicators

Current Sentiment - VINCIT

Vincit Oyj Investor Sentiment

Macroaxis portfolio users are unemotional in their outlook on investing in Vincit Oyj. What is your outlook on investing in Vincit Oyj? Are you bullish or bearish?
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Also please take a look at World Market Map. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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