Powercell Sweden Stock Forward View - Polynomial Regression

PCELL Stock  SEK 16.76  -0.54  -3.12%   
This page provides reference data for Powercell Sweden using Polynomial Regression forecasting. The projected value and error metrics are calculated from available daily price observations.
The Polynomial Regression forecasted value of Powercell Sweden on the next trading day is expected to be 16.63 with a mean absolute deviation of 1.24 and the sum of the absolute errors of 76.74.A single variable polynomial regression model attempts to put a curve through the Powercell Sweden 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 Powercell Sweden presents model-generated projections from historical price data for informational purposes.
Powercell Sweden polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Powercell Sweden as well as the accuracy indicators are determined from the period prices.

Polynomial Regression Price Forecast For the 21st of March

Given 90 days horizon, the Polynomial Regression forecasted value of Powercell Sweden on the next trading day is expected to be 16.63 with a mean absolute deviation of 1.24 , mean absolute percentage error of 2.38 , and the sum of the absolute errors of 76.74 .
Please note that although there have been many attempts to predict Powercell 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 Powercell Sweden's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Stock Forecast Pattern

Backtest Powercell Sweden  Powercell Sweden Price Prediction  Research Analysis  

Forecasted Value

The next-day forecast for Powercell Sweden focuses on identifying predictive downside and upside bands that can frame a realistic trading range. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
Market Value
16.76
16.63
Expected Value
21.96
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 Powercell Sweden stock data series using in forecasting. Note that when a statistical model is used to represent Powercell Sweden 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.
AICAkaike Information Criteria120.8175
BiasArithmetic mean of the errors None
MADMean absolute deviation1.2378
MAPEMean absolute percentage error0.0557
SAESum of the absolute errors76.7418
A single variable polynomial regression model attempts to put a curve through the Powercell Sweden 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

Other Forecasting Options for Powercell Sweden

For investors considering Powercell, Powercell Sweden's price movement is the most direct driver of investment returns. Noise in Powercell Stock price charts can make identifying meaningful trends difficult without dedicated analytical tools.

Powercell Sweden Related Equities

The following equities are related to Powercell Sweden within the Electronic Components space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Powercell Sweden 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

Powercell Sweden Market Strength Events

Market strength indicators for Powercell Sweden 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 Powercell Sweden.

Powercell Sweden Risk Indicators

A structured analysis of Powercell Sweden's risk indicators is one of the most reliable ways to improve the accuracy of price forecasts. Understanding the risk embedded in Powercell Sweden's allows investors to decide whether to accept, reduce, or hedge their exposure.
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 Powercell Sweden

Story coverage around Powercell Sweden often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates 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.

Powercell Sweden Short Properties

Reviewing short-oriented indicators for Powercell Sweden is useful because long and short participants often create very different signals for timing and volatility. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
Common Stock Shares Outstanding52.1 M
Cash And Short Term Investments332.5 M

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