Magle Chemoswed Stock Forward View - Polynomial Regression
| MAGLE Stock | SEK 7.40 -0.85 -10.30% |
The Polynomial Regression forecast shown here for Magle Chemoswed is reference data produced from its historical price series. The projected value and error measures below serve as reference information.
The Polynomial Regression forecasted value of Magle Chemoswed Holding on the next trading day is expected to be 8.17 with a mean absolute deviation of 0.61 and the sum of the absolute errors of 37.86.A single variable polynomial regression model attempts to put a curve through the Magle Chemoswed 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 This Polynomial Regression reference page for Magle Chemoswed presents model-generated projections from historical price data for informational purposes. Polynomial Regression Price Forecast For the 25th of March
Given 90 days horizon, the Polynomial Regression forecasted value of Magle Chemoswed Holding on the next trading day is expected to be 8.17 with a mean absolute deviation of 0.61 , mean absolute percentage error of 0.64 , and the sum of the absolute errors of 37.86 .Please note that although there have been many attempts to predict Magle 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 Magle Chemoswed's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Magle Chemoswed | Magle Chemoswed Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Magle Chemoswed Holding uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The projected forecast band currently runs from roughly 3.13 on the downside to about 13.21 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 Magle Chemoswed stock data series using in forecasting. Note that when a statistical model is used to represent Magle Chemoswed 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 | 119.5032 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6106 |
| MAPE | Mean absolute percentage error | 0.0536 |
| SAE | Sum of the absolute errors | 37.8588 |
Other Forecasting Options for Magle Chemoswed
The distribution of Magle Chemoswed's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in Magle Chemoswed's chart that simple price charts miss.Magle Chemoswed Related Equities
Investors studying Magle Chemoswed often look at related stocks within the Biotechnology space to gauge pricing and results. Key comparison metrics include price-to-earnings, profit margin, and revenue growth across Magle Chemoswed's peer group. Identifying peers that steadily beat or lag Magle Chemoswed across many periods highlights durable competitive gaps. Peer review is one of the most widely used methods in stock research and portfolio building.
| Risk & Return | Correlation |
Magle Chemoswed Market Strength Events
Market strength indicators for Magle Chemoswed give insight into the stock's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in Magle Chemoswed Holding.
Magle Chemoswed Risk Indicators
A thorough review of Magle Chemoswed's risk indicators is an important first step in forecasting its price. Quantifying the risk involved in Magle Chemoswed's allows investors to make better decisions about entry, sizing, and hedging.
| Mean Deviation | 3.45 | |||
| Standard Deviation | 4.98 | |||
| Variance | 24.8 |
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 Magle Chemoswed
Story coverage around Magle Chemoswed Holding often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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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Magle Chemoswed Short Properties
A short-interest review of Magle Chemoswed Holding provides context for understanding whether skepticism in the market is becoming more influential. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 10.8 M | |
| Cash And Short Term Investments | 4 M |
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