DIRTT Environmental Stock Forward View - Polynomial Regression
| DRT Stock | CAD 0.85 0.02 2.41% |
The Polynomial Regression forecast reference data for DIRTT Environmental Solutions is based on the equity's recent trading history. Forecast values and accuracy indicators are summarized on this page for reference. This reference information is provided for analytical context.
The Polynomial Regression forecasted value of DIRTT Environmental Solutions on the next trading day is expected to be 0.82 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.55.A single variable polynomial regression model attempts to put a curve through the DIRTT Environmental 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 The Polynomial Regression projections for DIRTT Environmental Solutions are reference data based on historical daily prices and are provided as informational context. Polynomial Regression Price Forecast For the 26th of March
Given 90 days horizon, the Polynomial Regression forecasted value of DIRTT Environmental Solutions on the next trading day is expected to be 0.82 with a mean absolute deviation of 0.03 , mean absolute percentage error of 0.001 , and the sum of the absolute errors of 1.55 .Please note that although there have been many attempts to predict DIRTT 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 DIRTT Environmental's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest DIRTT Environmental | DIRTT Environmental Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for DIRTT Environmental Solutions uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 DIRTT Environmental stock data series using in forecasting. Note that when a statistical model is used to represent DIRTT Environmental 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 | 111.2189 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0254 |
| MAPE | Mean absolute percentage error | 0.0291 |
| SAE | Sum of the absolute errors | 1.5509 |
Other Forecasting Options for DIRTT Environmental
Volatility clustering is a well-documented feature of DIRTT Stock price data where periods of large moves tend to follow other large moves. When DIRTT Environmental's RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in DIRTT Environmental's returns can persist when driven by structural factors like earnings calendars or index rebalancing.DIRTT Environmental Related Equities
These firms work in a similar space as DIRTT Environmental within the Industrials space and serve as useful points for comparison. Checking cash flow across this peer set helps gauge DIRTT Environmental's relative financial strength. Falling behind peers on key ratios may signal headwinds or execution issues worth looking into. The data below allows side-by-side review across the most common financial metrics.
| Risk & Return | Correlation |
DIRTT Environmental Market Strength Events
Analyzing market strength indicators for DIRTT Environmental enables investors to understand relative stock momentum. These tools help identify favorable windows for position changes in DIRTT Environmental Solutions. Market strength indicators support more precise timing of DIRTT Environmental Solutions positions across market cycles.
| Accumulation Distribution | 2218.31 | |||
| Daily Balance Of Power | 0.5 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 0.83 | |||
| Day Typical Price | 0.84 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 0.02 |
DIRTT Environmental Risk Indicators
Identifying and analyzing DIRTT Environmental's key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in DIRTT Environmental's and determining how best to manage it. Studying DIRTT Environmental's risk indicators helps investors understand the risk level of dirtt stock.
| Mean Deviation | 1.94 | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.35 |
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 DIRTT Environmental
Story coverage around DIRTT Environmental Solutions often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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DIRTT Environmental Short Properties
A short-interest review of DIRTT Environmental Solutions provides context for understanding whether skepticism in the market is becoming more influential. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 191 M | |
| Cash And Short Term Investments | 20.5 M |
More Resources for DIRTT Stock Analysis
Other Information on Investing in DIRTT Stock
The ratio set for DIRTT Environmental connects key financial figures across reports. The structure supports consistent evaluation across periods.