Harte Hanks Stock Forecast - Simple Moving Average

HHS Stock  USD 5.91  0.03  0.51%   
The Simple Moving Average forecasted value of Harte Hanks on the next trading day is expected to be 5.91 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.33. Harte Stock Forecast is based on your current time horizon.
  
At this time, Harte Hanks' Payables Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 6.30 in 2024, whereas Inventory Turnover is likely to drop 25.65 in 2024. . Common Stock Shares Outstanding is likely to drop to about 6.3 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 21.2 M in 2024.
A two period moving average forecast for Harte Hanks is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Harte Hanks Simple Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Harte Hanks on the next trading day is expected to be 5.91 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.33.
Please note that although there have been many attempts to predict Harte 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 Harte Hanks' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Harte Hanks Stock Forecast Pattern

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Harte Hanks Forecasted Value

In the context of forecasting Harte Hanks' 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. Harte Hanks' downside and upside margins for the forecasting period are 3.55 and 8.27, respectively. We have considered Harte Hanks' 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
5.91
5.91
Expected Value
8.27
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Harte Hanks stock data series using in forecasting. Note that when a statistical model is used to represent Harte Hanks 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 Criteria110.8923
BiasArithmetic mean of the errors 0.0369
MADMean absolute deviation0.1242
MAPEMean absolute percentage error0.0182
SAESum of the absolute errors7.33
The simple moving average model is conceptually a linear regression of the current value of Harte Hanks price series against current and previous (unobserved) value of Harte Hanks. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Harte Hanks

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Harte Hanks. 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
3.535.898.25
Details
Intrinsic
Valuation
LowRealHigh
5.328.6511.01
Details
1 Analysts
Consensus
LowTargetHigh
15.0216.5018.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Harte Hanks. Your research has to be compared to or analyzed against Harte Hanks' peers to derive any actionable benefits. When done correctly, Harte Hanks' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Harte Hanks.

Other Forecasting Options for Harte Hanks

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

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 Risk & Return  Correlation

Harte Hanks 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 Harte Hanks' 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 Harte Hanks' current price.

Harte Hanks Market Strength Events

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

Harte Hanks Risk Indicators

The analysis of Harte Hanks' 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 Harte Hanks' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting harte 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.

Thematic Opportunities

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Additional Tools for Harte Stock Analysis

When running Harte Hanks' price analysis, check to measure Harte Hanks' 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 Harte Hanks is operating at the current time. Most of Harte Hanks' value examination focuses on studying past and present price action to predict the probability of Harte Hanks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harte Hanks' price. Additionally, you may evaluate how the addition of Harte Hanks to your portfolios can decrease your overall portfolio volatility.