Heartland Express Stock Forecast - Simple Regression
| HTLD Stock | USD 11.22 0.25 2.18% |
The Simple Regression forecasted value of Heartland Express on the next trading day is expected to be 11.32 with a mean absolute deviation of 0.50 and the sum of the absolute errors of 30.74. Heartland Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Heartland Express stock prices and determine the direction of Heartland Express's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Heartland Express' historical fundamentals, such as revenue growth or operating cash flow patterns.
Heartland |
Open Interest Against 2025-03-21 Heartland Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Heartland Express' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Heartland Express' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Heartland Express stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Heartland Express' open interest, investors have to compare it to Heartland Express' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Heartland Express is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Heartland. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Heartland Express Simple Regression Price Forecast For the 19th of January
Given 90 days horizon, the Simple Regression forecasted value of Heartland Express on the next trading day is expected to be 11.32 with a mean absolute deviation of 0.50, mean absolute percentage error of 0.33, and the sum of the absolute errors of 30.74.Please note that although there have been many attempts to predict Heartland 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 Heartland Express' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Heartland Express Stock Forecast Pattern
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Heartland Express Forecasted Value
In the context of forecasting Heartland Express' 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. Heartland Express' downside and upside margins for the forecasting period are 9.55 and 13.09, respectively. We have considered Heartland Express' 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 Heartland Express stock data series using in forecasting. Note that when a statistical model is used to represent Heartland Express 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 | 117.0152 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5039 |
| MAPE | Mean absolute percentage error | 0.0432 |
| SAE | Sum of the absolute errors | 30.7393 |
Predictive Modules for Heartland Express
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Heartland Express. 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 Heartland Express
For every potential investor in Heartland, whether a beginner or expert, Heartland Express' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Heartland Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Heartland. Basic forecasting techniques help filter out the noise by identifying Heartland Express' price trends.Heartland Express 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 Heartland Express stock to make a market-neutral strategy. Peer analysis of Heartland Express could also be used in its relative valuation, which is a method of valuing Heartland Express by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Heartland Express 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 Heartland Express' 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 Heartland Express' current price.| Cycle Indicators | ||
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Heartland Express Market Strength Events
Market strength indicators help investors to evaluate how Heartland Express stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heartland Express shares will generate the highest return on investment. By undertsting and applying Heartland Express stock market strength indicators, traders can identify Heartland Express entry and exit signals to maximize returns.
Heartland Express Risk Indicators
The analysis of Heartland Express' 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 Heartland Express' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting heartland 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 | 1.23 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.37 |
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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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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out Historical Fundamental Analysis of Heartland Express to cross-verify your projections. For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Cargo Ground Transportation 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 Heartland Express. If investors know Heartland 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 Heartland Express 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 (0.66) | Dividend Share 0.08 | Earnings Share (0.27) | Revenue Per Share | Quarterly Revenue Growth (0.12) |
The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' 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 Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' 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 Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' 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.