Altisource Asset Stock Forecast - Polynomial Regression

AAMC
 Stock
  

USD 17.00  1.93  12.81%   

Altisource Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Altisource Asset historical stock prices and determine the direction of Altisource Asset Management's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Altisource Asset historical fundamentals such as revenue growth or operating cash flow patterns.
Please continue to Historical Fundamental Analysis of Altisource Asset to cross-verify your projections.
  
Most investors in Altisource Asset cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Altisource Asset's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Altisource Asset's price structures and extracts relationships that further increase the generated results' accuracy.
Altisource Asset polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Altisource Asset Management as well as the accuracy indicators are determined from the period prices.

Altisource Asset Polynomial Regression Price Forecast For the 30th of September

Given 90 days horizon, the Polynomial Regression forecasted value of Altisource Asset Management on the next trading day is expected to be 15.46 with a mean absolute deviation of 1.20, mean absolute percentage error of 2.94, and the sum of the absolute errors of 73.09.
Please note that although there have been many attempts to predict Altisource Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Altisource Asset's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Altisource Asset Stock Forecast Pattern

Backtest Altisource AssetAltisource Asset Price PredictionBuy or Sell Advice 

Altisource Asset Forecasted Value

In the context of forecasting Altisource Asset's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Altisource Asset's downside and upside margins for the forecasting period are 7.85 and 23.07, respectively. We have considered Altisource Asset's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value 17.00
15.46
Expected Value
23.07
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 Altisource Asset stock data series using in forecasting. Note that when a statistical model is used to represent Altisource Asset 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 Criteria119.1881
BiasArithmetic mean of the errors None
MADMean absolute deviation1.1983
MAPEMean absolute percentage error0.0759
SAESum of the absolute errors73.0941
A single variable polynomial regression model attempts to put a curve through the Altisource Asset 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

Predictive Modules for Altisource Asset

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altisource Asset Man. Regardless of method or technology, however, to accurately forecast the stock or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Altisource Asset's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Altisource Asset in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.0216.6324.24
Details
Intrinsic
Valuation
LowReal ValueHigh
6.9314.5422.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.3317.6518.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altisource Asset. Your research has to be compared to or analyzed against Altisource Asset's peers to derive any actionable benefits. When done correctly, Altisource Asset's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Altisource Asset Man.

Other Forecasting Options for Altisource Asset

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

Altisource Asset Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Altisource Asset stock to make a market-neutral strategy. Peer analysis of Altisource Asset could also be used in its relative valuation, which is a method of valuing Altisource Asset by comparing valuation metrics with similar companies.
Boeing CompanyAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondMaiden Holdings NorthSeagate Technology HldgsVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

Altisource Asset Man Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Altisource Asset's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Altisource Asset's current price.

Altisource Asset Market Strength Events

Market strength indicators help investors to evaluate how Altisource Asset stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altisource Asset shares will generate the highest return on investment. By undertsting and applying Altisource Asset stock market strength indicators, traders can identify Altisource Asset Management entry and exit signals to maximize returns.

Altisource Asset Risk Indicators

The analysis of Altisource Asset's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Altisource Asset's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Altisource Asset stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Altisource Asset without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Anywhere Now

   

Portfolio Anywhere

Track or share privately all of your investments from the convenience of any device
All  Next Launch Module

Pair Trading with Altisource Asset

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altisource Asset position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altisource Asset will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altisource Asset

+0.71BLKBlackrock Fiscal Year End 13th of January 2023 PairCorr
+0.82DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr
The ability to find closely correlated positions to Altisource Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altisource Asset when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altisource Asset - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altisource Asset Management to buy it.
The correlation of Altisource Asset is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altisource Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altisource Asset Man moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altisource Asset can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Historical Fundamental Analysis of Altisource Asset to cross-verify your projections. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for analysis

When running Altisource Asset Man price analysis, check to measure Altisource Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altisource Asset is operating at the current time. Most of Altisource Asset's value examination focuses on studying past and present price action to predict the probability of Altisource Asset's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Altisource Asset's price. Additionally, you may evaluate how the addition of Altisource Asset to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Is Altisource Asset's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altisource Asset. If investors know Altisource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altisource Asset listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Altisource Asset Man is measured differently than its book value, which is the value of Altisource that is recorded on the company's balance sheet. Investors also form their own opinion of Altisource Asset's value that differs from its market value or its book value, called intrinsic value, which is Altisource Asset's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altisource Asset's market value can be influenced by many factors that don't directly affect Altisource Asset's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altisource Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine Altisource Asset value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altisource Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.