Baylin Technologies Stock Forward View - Polynomial Regression
| BYL Stock | CAD 0.28 -0.01 -3.45% |
The Polynomial Regression reference data for Baylin Technologies is derived from the equity's published trading history. Forecast values and accuracy indicators are summarized on this page for reference.
The Polynomial Regression forecasted value of Baylin Technologies on the next trading day is expected to be 0.29 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.46.A single variable polynomial regression model attempts to put a curve through the Baylin Technologies 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 All forecast values on this page for Baylin Technologies are Polynomial Regression reference data derived from historical price series. Polynomial Regression Price Forecast For the 19th of March
Given 90 days horizon, the Polynomial Regression forecasted value of Baylin Technologies on the next trading day is expected to be 0.29 with a mean absolute deviation of 0.01 , mean absolute percentage error of 0.000092 , and the sum of the absolute errors of 0.46 .Please note that although there have been many attempts to predict Baylin 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 Baylin Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Baylin Technologies | Baylin Technologies Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates Baylin Technologies' predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 0.0028 on the downside to about 3.89 on the 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 Baylin Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Baylin 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 | 110.6543 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0075 |
| MAPE | Mean absolute percentage error | 0.0281 |
| SAE | Sum of the absolute errors | 0.4619 |
Other Forecasting Options for Baylin Technologies
For both new and experienced investors in Baylin, the ability to analyze Baylin Technologies' price movement is a fundamental investment skill. Price chart noise in Baylin Stock can create false signals and mislead investment decisions.Baylin Technologies Related Equities
The following equities are related to Baylin Technologies within the Information Technology space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Baylin 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 |
Baylin Technologies Market Strength Events
Tracking market strength indicators for Baylin Technologies helps investors understand the momentum dynamics of the stock in real time. These signals support informed decisions about when to enter or exit positions in Baylin Technologies for maximum return potential.
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 0.28 | |||
| Day Typical Price | 0.28 | |||
| Price Action Indicator | -0.01 | |||
| Period Momentum Indicator | -0.01 | |||
| Relative Strength Index | 52.65 |
Baylin Technologies Risk Indicators
Properly assessing Baylin Technologies' risk indicators is a prerequisite for building reliable price forecasts. Identifying and quantifying the risks associated with Baylin Technologies' allows investors to make better-informed decisions about accepting or hedging their exposure.
| Mean Deviation | 2.56 | |||
| Semi Deviation | 2.66 | |||
| Standard Deviation | 3.54 | |||
| Variance | 12.51 | |||
| Downside Variance | 15.86 | |||
| Semi Variance | 7.08 | |||
| Expected Short fall | -4.71 |
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 Baylin Technologies
Coverage intensity for Baylin Technologies matters because narrative visibility can influence sentiment, participation, and volatility around the name. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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
Baylin Technologies Short Properties
Short sentiment tied to Baylin Technologies matters because heavier bearish pressure can change how quickly future price expectations become unstable. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 151.1 M | |
| Cash And Short Term Investments | 5 M |
More Resources for Baylin Stock Analysis
Other Information on Investing in Baylin Stock
Financial ratios for Baylin Technologies provide valuation context across profits, cash flow, and enterprise value. They help compare Baylin across valuation measures.