American Shared Stock Forecast - Simple Regression
| AMS Stock | USD 2.70 0.06 2.17% |
The Simple Regression forecasted value of American Shared Hospital on the next trading day is expected to be 2.86 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.34. American Stock Forecast is based on your current time horizon.
American |
American Shared Simple Regression Price Forecast For the 7th of March
Given 90 days horizon, the Simple Regression forecasted value of American Shared Hospital on the next trading day is expected to be 2.86 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.34.Please note that although there have been many attempts to predict American 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 American Shared's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
American Shared Stock Forecast Pattern
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American Shared Forecasted Value
In the context of forecasting American Shared'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. American Shared's downside and upside margins for the forecasting period are 0.60 and 5.13, respectively. We have considered American Shared'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 American Shared stock data series using in forecasting. Note that when a statistical model is used to represent American Shared 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 | 113.2679 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0712 |
| MAPE | Mean absolute percentage error | 0.0227 |
| SAE | Sum of the absolute errors | 4.3411 |
Predictive Modules for American Shared
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Shared Hospital. 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.Other Forecasting Options for American Shared
For every potential investor in American, whether a beginner or expert, American Shared's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. American Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in American. Basic forecasting techniques help filter out the noise by identifying American Shared's price trends.View American Shared Related Equities
| Risk & Return | Correlation |
American Shared Hospital 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 American Shared'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 American Shared's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
American Shared Market Strength Events
Market strength indicators help investors to evaluate how American Shared stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Shared shares will generate the highest return on investment. By undertsting and applying American Shared stock market strength indicators, traders can identify American Shared Hospital entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 2.7 | |||
| Day Typical Price | 2.7 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.06) |
American Shared Risk Indicators
The analysis of American Shared'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 American Shared's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american 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 | 1.76 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.1 |
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.
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Additional Tools for American Stock Analysis
When running American Shared's price analysis, check to measure American Shared'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 American Shared is operating at the current time. Most of American Shared's value examination focuses on studying past and present price action to predict the probability of American Shared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shared's price. Additionally, you may evaluate how the addition of American Shared to your portfolios can decrease your overall portfolio volatility.