# Independent Stock Forecast - Polynomial Regression

INDB | - USA Stock | ## USD 82.79 0.33 0.40% |

Independent Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Independent historical stock prices and determine the direction of Independent Bk Corp'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 Independent historical fundamentals such as revenue growth or operating cash flow patterns. Although Independent naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Independent Bk Corp systematic risk associated with finding meaningful patterns of Independent fundamentals over time.

Please see Historical Fundamental Analysis of Independent to cross-verify your projections. ## Independent Stock Forecast | Independent |

**M**. In addition to that, Weighted Average Shares Diluted is expected to decline to about 32.5

**M**.

### Open Interest Agains t 2021-12-17 Independent Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Independent'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 Independent's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Independent 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 Independent's open interest, investors have to compare it to Independent'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 Independent 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 Independent. 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 Independent 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 Independent's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Independent's price structures and extracts relationships that further increase the generated results' accuracy.

Independent polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Independent Bk Corp as well as the accuracy indicators are determined from the period prices. ## Independent Polynomial Regression Price Forecast For the 10th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Independent Bk Corp on the next trading day is expected to be 78.02 with a mean absolute deviation of 1.70, mean absolute percentage error of 4.60, and the sum of the absolute errors of 103.60. Please note that although there have been many attempts to predict Independent 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 Independent's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).## Independent Stock Forecast Pattern

Backtest Independent | Independent Price Prediction | Buy or Sell Advice |

## Independent Forecasted Value

In the context of forecasting Independent'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. Independent's downside and upside margins for the forecasting period are 76.08 and 79.97, respectively. We have considered Independent'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.## 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 Independent stock data series using in forecasting. Note that when a statistical model is used to represent Independent 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 | 119.6359 |

Bias | Arithmetic mean of the errors | None |

MAD | Mean absolute deviation | 1.6984 |

MAPE | Mean absolute percentage error | 0.0206 |

SAE | Sum of the absolute errors | 103.6013 |

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## Predictive Modules for Independent

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Independent Bk Corp. 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 Independent'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 Independent in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Independent. Your research has to be compared to or analyzed against Independent's peers to derive any actionable benefits. When done correctly, Independent'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 Independent Bk Corp.

## Other Forecasting Options for Independent

For every potential investor in Independent, whether a beginner or expert, Independent's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Independent Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Independent. Basic forecasting techniques help filter out the noise by identifying Independent's price trends.## View Currently 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 Independent stock to make a market-neutral strategy. Peer analysis of Independent could also be used in its relative valuation, which is a method of valuing Independent by comparing valuation metrics with similar companies.

Merchants BancorpFirst BancorpBank FirstAmerican AirlinesAlcoa CorpAppleBest BuyCitigroupSentinelone IncCVS CorpChevron CorpHome DepotInternational BusinessIntel CorpMetlife

Risk & Return | Correlation |

## Independent Bk Corp 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 Independent'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 Independent's current price.Cycle Indicators | ||

Math Operators | ||

Math Transform | ||

Momentum Indicators | ||

Overlap Studies | ||

Pattern Recognition | ||

Price Transform | ||

Statistic Functions | ||

Volatility Indicators | ||

Volume Indicators |

## Independent Market Strength Events

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

Accumulation Distribution | 24475.34 | |||

Daily Balance Of Power | 0.226 | |||

Rate Of Daily Change | 1.0 | |||

Day Median Price | 82.55 | |||

Day Typical Price | 82.63 | |||

Market Facilitation Index | 0.0 | |||

Price Action Indicator | 0.41 |

## Independent Risk Indicators

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

Mean Deviation | 1.55 | |||

Semi Deviation | 1.65 | |||

Standard Deviation | 1.96 | |||

Variance | 3.85 | |||

Downside Variance | 3.55 | |||

Semi Variance | 2.73 | |||

Expected Short fall | (1.60) |

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.

## Independent Investors Sentiment

The influence of Independent's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Independent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.## Independent Implied Volatility | 5.8 |

Independent's implied volatility exposes the market's sentiment of Independent Bk Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Independent's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Independent stock will not fluctuate a lot when Independent's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Independent in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Independent's short interest history, or implied volatility extrapolated from Independent options trading.

## Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Independent Bk Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.## Build Optimal Portfolios

### Align your risk with return expectations

Please see Historical Fundamental Analysis of Independent to cross-verify your projections. Note that the Independent Bk Corp information on this page should be used as a complementary analysis to other Independent'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

## Complementary Tools for Independent Stock analysis

When running Independent Bk Corp price analysis, check to measure Independent'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 Independent is operating at the current time. Most of Independent's value examination focuses on studying past and present price action to predict the probability of Independent's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Independent's price. Additionally, you may evaluate how the addition of Independent to your portfolios can decrease your overall portfolio volatility.

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The market value of Independent Bk Corp is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent's value that differs from its market value or its book value, called intrinsic value, which is Independent'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 Independent's market value can be influenced by many factors that don't directly affect Independent'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 Independent's value and its price as these two are different measures arrived at by different means. Investors typically determine Independent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent'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.