Novanta Stock Forecast - Simple Regression
| 1GSN Stock | EUR 117.00 4.00 3.31% |
The Simple Regression forecasted value of Novanta on the next trading day is expected to be 108.78 with a mean absolute deviation of 6.68 and the sum of the absolute errors of 407.74. Novanta Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Novanta's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 25th of January 2026 the value of rsi of Novanta's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Novanta hype-based prediction, you can estimate the value of Novanta from the perspective of Novanta response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Novanta on the next trading day is expected to be 108.78 with a mean absolute deviation of 6.68 and the sum of the absolute errors of 407.74. Novanta after-hype prediction price | EUR 117.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Novanta |
Novanta Additional Predictive Modules
Most predictive techniques to examine Novanta price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Novanta using various technical indicators. When you analyze Novanta charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Novanta Simple Regression Price Forecast For the 26th of January
Given 90 days horizon, the Simple Regression forecasted value of Novanta on the next trading day is expected to be 108.78 with a mean absolute deviation of 6.68, mean absolute percentage error of 65.98, and the sum of the absolute errors of 407.74.Please note that although there have been many attempts to predict Novanta 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 Novanta's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Novanta Stock Forecast Pattern
| Backtest Novanta | Novanta Price Prediction | Buy or Sell Advice |
Novanta Forecasted Value
In the context of forecasting Novanta'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. Novanta's downside and upside margins for the forecasting period are 105.23 and 112.34, respectively. We have considered Novanta'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Novanta stock data series using in forecasting. Note that when a statistical model is used to represent Novanta 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 | 122.2998 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 6.6843 |
| MAPE | Mean absolute percentage error | 0.0656 |
| SAE | Sum of the absolute errors | 407.7404 |
Predictive Modules for Novanta
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Novanta. Regardless of method or technology, however, to accurately forecast the stock 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.Novanta After-Hype Price Prediction Density Analysis
As far as predicting the price of Novanta at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Novanta or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Novanta, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Novanta Estimiated After-Hype Price Volatility
In the context of predicting Novanta's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Novanta's historical news coverage. Novanta's after-hype downside and upside margins for the prediction period are 113.44 and 120.56, respectively. We have considered Novanta's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Novanta is very steady at this time. Analysis and calculation of next after-hype price of Novanta is based on 3 months time horizon.
Novanta Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Novanta is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Novanta backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Novanta, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.14 | 3.56 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
117.00 | 117.00 | 0.00 |
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Novanta Hype Timeline
Novanta is presently traded for 117.00on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Novanta is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is presently at 0.14%. %. The volatility of related hype on Novanta is about 0.0%, with the expected price after the next announcement by competition of 117.00. About 99.0% of the company shares are owned by institutions such as pension funds. The company has Price/Earnings (P/E) ratio of 134.04. Novanta had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Novanta to cross-verify your projections. For more detail on how to invest in Novanta Stock please use our How to Invest in Novanta guide.Novanta Related Hype Analysis
Having access to credible news sources related to Novanta's direct competition is more important than ever and may enhance your ability to predict Novanta's future price movements. Getting to know how Novanta's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Novanta may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| M0W | SPORT LISBOA E | 0.00 | 0 per month | 1.55 | 0.04 | 4.63 | (2.96) | 10.17 | |
| 9JD | JD SPORTS FASH | 0.00 | 0 per month | 0.00 | (0.1) | 4.49 | (4.26) | 10.40 | |
| MEC | Meiko Electronics Co | 0.00 | 0 per month | 3.16 | 0.01 | 5.08 | (6.14) | 26.12 | |
| QV5 | Canlan Ice Sports | 0.00 | 0 per month | 3.52 | 0.11 | 7.50 | (6.62) | 27.71 | |
| Y7K | Sunwoda Electronic CoLtd | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ME5A | Methode Electronics | 0.00 | 0 per month | 3.07 | 0.02 | 5.35 | (4.30) | 17.40 | |
| UMCB | United Microelectronics Corp | 0.00 | 0 per month | 2.24 | 0.15 | 6.00 | (3.83) | 18.15 | |
| NUC | Nucletron Electronic Aktiengesellschaft | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Novanta
For every potential investor in Novanta, whether a beginner or expert, Novanta's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Novanta Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Novanta. Basic forecasting techniques help filter out the noise by identifying Novanta's price trends.Novanta 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 Novanta stock to make a market-neutral strategy. Peer analysis of Novanta could also be used in its relative valuation, which is a method of valuing Novanta by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Novanta Market Strength Events
Market strength indicators help investors to evaluate how Novanta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novanta shares will generate the highest return on investment. By undertsting and applying Novanta stock market strength indicators, traders can identify Novanta entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 117.0 | |||
| Day Typical Price | 117.0 | |||
| Price Action Indicator | (2.00) | |||
| Period Momentum Indicator | (4.00) |
Novanta Risk Indicators
The analysis of Novanta's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Novanta's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting novanta stock prices, 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 | 2.48 | |||
| Semi Deviation | 3.34 | |||
| Standard Deviation | 3.69 | |||
| Variance | 13.58 | |||
| Downside Variance | 18.88 | |||
| Semi Variance | 11.19 | |||
| Expected Short fall | (3.10) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Novanta
The number of cover stories for Novanta depends on current market conditions and Novanta's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Novanta is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Novanta's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Information and Resources on Investing in Novanta Stock
When determining whether Novanta is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Novanta Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Novanta Stock. Highlighted below are key reports to facilitate an investment decision about Novanta Stock:Check out Historical Fundamental Analysis of Novanta to cross-verify your projections. For more detail on how to invest in Novanta Stock please use our How to Invest in Novanta guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.