Baxter International Stock Forecast - 20 Period Moving Average
| B1AX34 Stock | 97.30 4.28 4.60% |
The 20 Period Moving Average forecasted value of Baxter International on the next trading day is expected to be 100.55 with a mean absolute deviation of 3.58 and the sum of the absolute errors of 146.93. Baxter Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Baxter International stock prices and determine the direction of Baxter International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Baxter International's historical fundamentals, such as revenue growth or operating cash flow patterns.
Baxter |
Baxter International 20 Period Moving Average Price Forecast For the 25th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Baxter International on the next trading day is expected to be 100.55 with a mean absolute deviation of 3.58, mean absolute percentage error of 27.05, and the sum of the absolute errors of 146.93.Please note that although there have been many attempts to predict Baxter 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 Baxter International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Baxter International Stock Forecast Pattern
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Baxter International Forecasted Value
In the context of forecasting Baxter International'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. Baxter International's downside and upside margins for the forecasting period are 98.61 and 102.49, respectively. We have considered Baxter International'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Baxter International stock data series using in forecasting. Note that when a statistical model is used to represent Baxter International 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 | 84.6506 |
| Bias | Arithmetic mean of the errors | 2.8052 |
| MAD | Mean absolute deviation | 3.5837 |
| MAPE | Mean absolute percentage error | 0.0366 |
| SAE | Sum of the absolute errors | 146.9315 |
Predictive Modules for Baxter International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baxter International. 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 Baxter International
For every potential investor in Baxter, whether a beginner or expert, Baxter International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Baxter Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Baxter. Basic forecasting techniques help filter out the noise by identifying Baxter International's price trends.Baxter International 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 Baxter International stock to make a market-neutral strategy. Peer analysis of Baxter International could also be used in its relative valuation, which is a method of valuing Baxter International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Baxter International 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 Baxter International'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 Baxter International's current price.| Cycle Indicators | ||
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Baxter International Market Strength Events
Market strength indicators help investors to evaluate how Baxter International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Baxter International shares will generate the highest return on investment. By undertsting and applying Baxter International stock market strength indicators, traders can identify Baxter International entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 97.3 | |||
| Day Typical Price | 97.3 | |||
| Price Action Indicator | 2.14 | |||
| Period Momentum Indicator | 4.28 | |||
| Relative Strength Index | 92.12 |
Baxter International Risk Indicators
The analysis of Baxter International'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 Baxter International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting baxter 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 | 0.8439 | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.54 |
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.Additional Information and Resources on Investing in Baxter Stock
When determining whether Baxter International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Baxter International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Baxter International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Baxter International Stock:Check out Historical Fundamental Analysis of Baxter International to cross-verify your projections. For information on how to trade Baxter Stock refer to our How to Trade Baxter Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.