ATAI Life Stock Forecast - Polynomial Regression

ATAI
 Stock
  

USD 3.53  0.02  0.56%   

ATAI Life Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ATAI Life historical stock prices and determine the direction of ATAI Life Sciences'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 ATAI Life historical fundamentals such as revenue growth or operating cash flow patterns.
Please continue to Historical Fundamental Analysis of ATAI Life to cross-verify your projections.
  

Open Interest Agains t 2022-12-16 ATAI Life Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast ATAI Life's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest ATAI Life's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies ATAI Life stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current ATAI Life's open interest, investors have to compare it to ATAI Life's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of ATAI Life is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in ATAI Life. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in ATAI Life 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 ATAI Life's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ATAI Life's price structures and extracts relationships that further increase the generated results' accuracy.
ATAI Life polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for ATAI Life Sciences as well as the accuracy indicators are determined from the period prices.

ATAI Life Polynomial Regression Price Forecast For the 4th of December

Given 90 days horizon, the Polynomial Regression forecasted value of ATAI Life Sciences on the next trading day is expected to be 3.44 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.030032, and the sum of the absolute errors of 8.75.
Please note that although there have been many attempts to predict ATAI Life 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 ATAI Life's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ATAI Life Stock Forecast Pattern

Backtest ATAI LifeATAI Life Price PredictionBuy or Sell Advice 

ATAI Life Forecasted Value

In the context of forecasting ATAI Life'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. ATAI Life's downside and upside margins for the forecasting period are 0.0353 and 8.20, respectively. We have considered ATAI Life'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 3.53
0.0353
Downside
3.44
Expected Value
8.20
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 ATAI Life stock data series using in forecasting. Note that when a statistical model is used to represent ATAI Life 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 Criteria116.4429
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1412
MAPEMean absolute percentage error0.0441
SAESum of the absolute errors8.7524
A single variable polynomial regression model attempts to put a curve through the ATAI Life 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 ATAI Life

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ATAI Life Sciences. 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 ATAI Life'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 ATAI Life in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.183.538.30
Details
Intrinsic
Valuation
LowReal ValueHigh
3.1810.4915.26
Details
11 Analysts
Consensus
LowTarget PriceHigh
17.0031.7850.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
-0.95-0.8-0.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ATAI Life. Your research has to be compared to or analyzed against ATAI Life's peers to derive any actionable benefits. When done correctly, ATAI Life'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 ATAI Life Sciences.

Other Forecasting Options for ATAI Life

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

ATAI Life 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 ATAI Life stock to make a market-neutral strategy. Peer analysis of ATAI Life could also be used in its relative valuation, which is a method of valuing ATAI Life by comparing valuation metrics with similar companies.
Ametek IncEuro Tech HoldingsMettler-Toledo InternationalEtsy IncAnheuser-Busch InBev SANVAnheuser Busch InbevLinde PLCVerizon CommunicationsWalmartAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group Limited
 Risk & Return  Correlation

ATAI Life Sciences 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 ATAI Life'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 ATAI Life's current price.

ATAI Life Risk Indicators

The analysis of ATAI Life'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 ATAI Life's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting ATAI Life 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 ATAI Life 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.

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Pair Trading with ATAI Life

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 ATAI Life 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 ATAI Life will appreciate offsetting losses from the drop in the long position's value.

Moving together with ATAI Life

+0.73NOVASunnova Energy Inter Normal TradingPairCorr

Moving against ATAI Life

-0.55VRTXVertex Pharmaceuticals TrendingPairCorr
-0.53ABBVAbbVie Inc TrendingPairCorr
The ability to find closely correlated positions to ATAI Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATAI Life 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 ATAI Life - 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 ATAI Life Sciences to buy it.
The correlation of ATAI Life 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 ATAI Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATAI Life Sciences 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 ATAI Life 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 ATAI Life to cross-verify your projections. Note that the ATAI Life Sciences information on this page should be used as a complementary analysis to other ATAI Life's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running ATAI Life Sciences price analysis, check to measure ATAI Life'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 ATAI Life is operating at the current time. Most of ATAI Life's value examination focuses on studying past and present price action to predict the probability of ATAI Life's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ATAI Life's price. Additionally, you may evaluate how the addition of ATAI Life to your portfolios can decrease your overall portfolio volatility.
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Is ATAI Life'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 ATAI Life. If investors know ATAI Life 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 ATAI Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.97) 
Market Capitalization
588.9 M
Quarterly Revenue Growth YOY
(0.91) 
Return On Assets
(0.22) 
Return On Equity
(0.54) 
The market value of ATAI Life Sciences is measured differently than its book value, which is the value of ATAI Life that is recorded on the company's balance sheet. Investors also form their own opinion of ATAI Life's value that differs from its market value or its book value, called intrinsic value, which is ATAI Life'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 ATAI Life's market value can be influenced by many factors that don't directly affect ATAI Life'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 ATAI Life's value and its price as these two are different measures arrived at by different means. Investors typically determine ATAI Life value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAI Life'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.