Raytech Holding Stock Forecast - Simple Regression

Raytech Holding Additional Predictive Modules

Most predictive techniques to examine Raytech price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Raytech using various technical indicators. When you analyze Raytech charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Simple Regression model is a single variable regression model that attempts to put a straight line through Raytech Holding price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Raytech Holding Simple Regression Price Forecast For the 28th of January

Given 90 days horizon, the Simple Regression forecasted value of Raytech Holding Limited on the next trading day is expected to be 2.98 with a mean absolute deviation of 0.75, mean absolute percentage error of 0.79, and the sum of the absolute errors of 45.68.

Raytech Holding Stock Forecast Pattern

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Raytech Holding Forecasted Value

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 Raytech Holding stock data series using in forecasting. Note that when a statistical model is used to represent Raytech Holding 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. 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 Raytech Holding Limited historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Raytech Holding

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Raytech Holding. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Hype Prediction Low Estimated High 0.23 4.66 14.82 Details

Intrinsic Valuation Low Real High 0.17 3.31 13.47 Details

Bollinger Band Projection (param) Low Middle High 0.73 2.95 5.17 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Raytech Holding. Your research has to be compared to or analyzed against Raytech Holding's peers to derive any actionable benefits. When done correctly, Raytech Holding's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Raytech Holding.

Raytech Holding After-Hype Price Density Analysis

Raytech Holding Estimiated After-Hype Price Volatility

Raytech Holding Stock Price Outlook Analysis

Notes

Raytech Holding Hype Timeline

On the 27th of January Raytech Holding is traded for 4.59. The entity has historical hype elasticity of 0.07, and average elasticity to hype of competition of -0.05. Raytech is forecasted to increase in value after the next headline, with the price projected to jump to 4.66 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 1.53%, whereas the daily expected return is at this time at 0.78%. The volatility of related hype on Raytech Holding is about 14941.18%, with the expected price after the next announcement by competition of 4.54. The company reported the last year's revenue of 78.74 M. Total Income to common stockholders was 8.27 M with profit before taxes, overhead, and interest of 18.53 M. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Historical Fundamental Analysis of Raytech Holding to cross-verify your projections.

Raytech Holding Related Hype Analysis

Other Forecasting Options for Raytech Holding

For every potential investor in Raytech, whether a beginner or expert, Raytech Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Raytech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Raytech. Basic forecasting techniques help filter out the noise by identifying Raytech Holding's price trends.

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Risk & Return

Correlation

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Raytech Holding Short Properties

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