Quest Diagnostics Stock Forward View
| DGX Stock | USD 189.61 0.48 0.25% |
Quest Diagnostics's Naive Prediction forecast is computed from observed closing prices over the selected horizon. The accuracy statistics below distinguish a well-fitted model from one that is smoothing over meaningful price movement. The Naive Prediction model projects Quest Diagnostics at 185.01 for the next trading day, below the most recent closing price. The Naive Prediction output reflects statistical model results and is provided for reference purposes.
Naive Prediction Price Forecast For the 8th of May
Over a 90-day horizon, the Naive Prediction model forecasts Quest Diagnostics at 185.01 for the next trading day, with a mean absolute deviation of 2.21 , mean absolute percentage error of 0.01 , and sum of absolute errors of 135.06 .This represents a very tight forecast — the model closely tracks Quest Diagnostics' recent price behavior. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest Quest Diagnostics | Quest Diagnostics Price Prediction | Research Analysis |
Forecasted Value
The projected range for Quest Diagnostics reflects the model's ability to define credible downside and upside scenarios for the next trading day. The current forecast range spans downside near 183.41 and upside near 186.61. The narrow range indicates limited short-term dispersion.
Model Predictive Factors
The table below summarizes the Naive Prediction model's error metrics for Quest Diagnostics stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 120.2845 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 2.2142 |
| MAPE | Mean absolute percentage error | 0.0111 |
| SAE | Sum of the absolute errors | 135.0635 |
Other Forecasting Options for Quest Diagnostics
Analyzing Quest Diagnostics' price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Quest Diagnostics' chart signal overbought or oversold conditions.Quest Diagnostics Related Equities
Sizing up Quest Diagnostics against these stocks within the Health Care space shows how it compares on key financial measures. Looking at Quest Diagnostics' pricing multiples next to these peers shows if the stock trades at a premium or discount.
| Risk & Return | Correlation |
Quest Diagnostics Market Strength Events
For investors tracking Quest Diagnostics Incorporated, market strength indicators offer quantitative evaluation of stock behavior. When Rate of Change diverges from price direction, it often signals weakening momentum before a visible reversal in Quest Diagnostics.
Quest Diagnostics Risk Indicators
Analyzing Quest Diagnostics' basic risk indicators provides a structured view of the risk-return trade-off for quest stock. Expected shortfall estimates the average loss in the worst-case tail scenarios, going beyond what standard deviation alone captures for Quest Diagnostics.
| Mean Deviation | 1.07 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.58 |
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.
Quest Diagnostics Short Properties
Reviewing short-oriented indicators for Quest Diagnostics is useful because long and short participants often create very different signals for timing and volatility. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 113 million | |
| Cash And Short Term Investments | 420 million |