Followers | 120 |
Posts | 11059 |
Boards Moderated | 1 |
Alias Born | 11/27/2015 |
Sunday, April 14, 2024 10:51:30 AM
Using the IBM definition of Linear Regression for those who are NOT familiar with it:
Taken from
https://www.ibm.com/topics/linear-regression
So X is what I called the coefficient and is the independent variable since it is incremented by 1 each quarter
Y is the dependent variable and represents the Revenue which is analyze by the formulas generated
in the from Y = MX + B
UTILIZING THE Y = MX + B DERIVED FROM THE 11 COEFFICIENTS to Estimate the 1st Quarter Revenue
Using Y=MX + B For the 3 Years, if SRMX performs like the last 3 years
Revenue = 5137*Coefficient - 14463
Revenue = 5137*12 - 14463 = $47,181
Using Y=MX + B For the 2 Years, if SRMX performs like the last 2 years
Revenue = 9813*Coefficient - 53634
Revenue = 9813*12 - 53634 = $64,122
Using Y=MX + B For the 1 year, if SRMX performs like the last year
Revenue = 35926*Coefficient - 307578
Revenue = 35926*12 - 307578 = $123,534
GO SRMX(TCCI)$
Recent SRMX News
- Form 1-Z - • Edgar (US Regulatory) • 08/23/2024 07:29:46 PM
- Form 1-A - Offering Statement [Regulation A] • Edgar (US Regulatory) • 08/05/2024 03:19:04 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM