This is a forecasting application developed to do forecasting on financial aspect, price optimization using Regression techniques. This system using Regression Techniques for forecasting by using previous data. This application of forecasting by using regression techniques is particularly useful for… Scientists Financial aspect Stocks Business analysts , Engineers, Researchers

What is Regression technique?
Regression analysis is a technique used for the modeling and analysis of numerical data consisting of values of a dependent variable (response variable) and of one or more independent variables (explanatory variables).

The dependent variable in the regression equation is modeled as a function of the independent variables, corresponding parameters ("constants"), and an error term.

Regression can be used for prediction including forecasting of time-series data), inference, hypothesis testing, and modeling of causal relationships. These uses of regression rely heavily on the underlying assumptions being satisfied.

Regression, perhaps the most widely used statistical technique, estimates relationships between independent (explanatory) variables and a dependent (outcome) variable.

Regression models can be used to help understand and explain relationships among variables; they can also be used to predict actual outcomes.

Features

Generic Forecasting System : Its is a General Forecasting system that forecast any General aspect.

Useful for any Business : Any small or Big organization can make good use this software in order to increasing their profit rate.

Very Useful for Financial Company : This system predict often very good financial aspect by using previous data .

Forecasting Government Policies : Forecasting government policies will help any business person to make future business planning accordingly .

Forecasting Intra-Business Aspect : This is a general application which will also help to predict every small Intra-Business aspect.

Forecasting Rival Strategies : On the basis of the previous collected data , this software can help one Business Person to predict Rival next Step in order to give competitive edge.