Apple Hospitality Stock Forecast - Simple Regression

APLE Stock  USD 16.11  0.37  2.35%   
The Simple Regression forecasted value of Apple Hospitality REIT on the next trading day is expected to be 15.81 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.84. Apple Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Apple Hospitality stock prices and determine the direction of Apple Hospitality REIT's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Apple Hospitality's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Apple Hospitality's Payables Turnover is projected to drop slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 44.42, whereas Receivables Turnover is forecasted to decline to 24.42. . As of November 25, 2024, Common Stock Shares Outstanding is expected to decline to about 195.6 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 72 M.
Simple Regression model is a single variable regression model that attempts to put a straight line through Apple Hospitality price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Apple Hospitality Simple Regression Price Forecast For the 26th of November

Given 90 days horizon, the Simple Regression forecasted value of Apple Hospitality REIT on the next trading day is expected to be 15.81 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.11, and the sum of the absolute errors of 16.84.
Please note that although there have been many attempts to predict Apple 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 Apple Hospitality's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Apple Hospitality Stock Forecast Pattern

Backtest Apple HospitalityApple Hospitality Price PredictionBuy or Sell Advice 

Apple Hospitality Forecasted Value

In the context of forecasting Apple Hospitality'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. Apple Hospitality's downside and upside margins for the forecasting period are 14.31 and 17.30, respectively. We have considered Apple Hospitality'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.
Market Value
16.11
15.81
Expected Value
17.30
Upside

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 Apple Hospitality stock data series using in forecasting. Note that when a statistical model is used to represent Apple Hospitality 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.
AICAkaike Information Criteria115.8825
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2761
MAPEMean absolute percentage error0.0185
SAESum of the absolute errors16.8409
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Apple Hospitality REIT historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Apple Hospitality

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Apple Hospitality REIT. 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.
Hype
Prediction
LowEstimatedHigh
14.6216.1217.62
Details
Intrinsic
Valuation
LowRealHigh
15.5817.0818.58
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.2515.7616.26
Details
9 Analysts
Consensus
LowTargetHigh
16.3818.0019.98
Details

Other Forecasting Options for Apple Hospitality

For every potential investor in Apple, whether a beginner or expert, Apple Hospitality's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Apple Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Apple. Basic forecasting techniques help filter out the noise by identifying Apple Hospitality's price trends.

Apple Hospitality 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 Apple Hospitality stock to make a market-neutral strategy. Peer analysis of Apple Hospitality could also be used in its relative valuation, which is a method of valuing Apple Hospitality by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Apple Hospitality REIT 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 Apple Hospitality'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 Apple Hospitality's current price.

Apple Hospitality Market Strength Events

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

Apple Hospitality Risk Indicators

The analysis of Apple Hospitality'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 Apple Hospitality's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting apple 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Apple Hospitality REIT is a strong investment it is important to analyze Apple Hospitality's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple Hospitality's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Apple Hospitality to cross-verify your projections.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple Hospitality. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
0.96
Earnings Share
0.85
Revenue Per Share
5.909
Quarterly Revenue Growth
0.057
The market value of Apple Hospitality REIT is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Apple Hospitality'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 Apple Hospitality's market value can be influenced by many factors that don't directly affect Apple Hospitality'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 Apple Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple Hospitality'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.