Accsys Technologies Stock Forward View - Simple Regression
| AXS Stock | EUR 0.72 0.02 2.86% |
This page provides reference data for Accsys Technologies using Simple Regression forecasting. The projected value and error metrics are calculated from available daily price observations.
The Simple Regression forecasted value of Accsys Technologies on the next trading day is expected to be 0.72 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.64.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 Accsys Technologies historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. This Simple Regression reference page for Accsys Technologies presents model-generated projections from historical price data for informational purposes. Simple Regression Price Forecast For the 19th of March
Given 90 days horizon, the Simple Regression forecasted value of Accsys Technologies on the next trading day is expected to be 0.72 with a mean absolute deviation of 0.01 , mean absolute percentage error of 0.0002 , and the sum of the absolute errors of 0.64 .Please note that although there have been many attempts to predict Accsys Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Accsys Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Accsys Technologies | Accsys Technologies Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates Accsys Technologies' predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 0.01 on the downside to about 2.15 on the 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 Accsys Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Accsys Technologies 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 | 109.5199 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0105 |
| MAPE | Mean absolute percentage error | 0.0146 |
| SAE | Sum of the absolute errors | 0.6421 |
Other Forecasting Options for Accsys Technologies
For investors considering Accsys, Accsys Technologies' price movement is the most direct driver of investment returns. Noise in Accsys Stock price charts can make identifying meaningful trends difficult without dedicated analytical tools.Accsys Technologies Related Equities
The following equities are related to Accsys Technologies within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Accsys Technologies against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Accsys Technologies Market Strength Events
Market strength indicators for Accsys Technologies provide investors with a view of how the stock performs across different market environments. By analyzing these indicators, traders can determine the best moments to enter or exit positions in Accsys Technologies.
Accsys Technologies Risk Indicators
A structured analysis of Accsys Technologies' risk indicators is one of the most reliable ways to improve the accuracy of price forecasts. Understanding the risk embedded in Accsys Technologies' allows investors to decide whether to accept, reduce, or hedge their exposure.
| Mean Deviation | 1.02 | |||
| Semi Deviation | 1.17 | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.06 | |||
| Downside Variance | 3.78 | |||
| Semi Variance | 1.37 | |||
| 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.
Story Coverage note for Accsys Technologies
A coverage review of Accsys Technologies helps investors see when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage helps investors separate durable relevance from temporary noise.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.
Story Categories
Currently Trending Categories
Accsys Technologies Short Properties
Short-interest signals around Accsys Technologies can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 240.1 M | |
| Cash And Short Term Investments | 17.4 M |
Additional Tools for Accsys Stock Analysis
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Stocks Directory Find actively traded stocks across global markets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Commodity Directory Find actively traded commodities issued by global exchanges |