Hurco Companies Stock Forecast - Simple Regression
| HURC Stock | USD 16.74 0.24 1.41% |
Hurco Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Hurco Companies stock prices and determine the direction of Hurco Companies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hurco Companies' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength index (RSI) of Hurco Companies' share price is at 50. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Hurco Companies, making its price go up or down. Momentum 50
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.686 | Wall Street Target Price 38 | Quarterly Revenue Growth (0.15) |
Using Hurco Companies hype-based prediction, you can estimate the value of Hurco Companies from the perspective of Hurco Companies response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Hurco Companies on the next trading day is expected to be 16.18 with a mean absolute deviation of 0.66 and the sum of the absolute errors of 40.45. Hurco Companies after-hype prediction price | USD 16.75 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Hurco Companies to cross-verify your projections. Hurco Companies Additional Predictive Modules
Most predictive techniques to examine Hurco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hurco using various technical indicators. When you analyze Hurco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hurco Companies Simple Regression Price Forecast For the 30th of January
Given 90 days horizon, the Simple Regression forecasted value of Hurco Companies on the next trading day is expected to be 16.18 with a mean absolute deviation of 0.66, mean absolute percentage error of 0.60, and the sum of the absolute errors of 40.45.Please note that although there have been many attempts to predict Hurco 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 Hurco Companies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Hurco Companies Stock Forecast Pattern
| Backtest Hurco Companies | Hurco Companies Price Prediction | Buy or Sell Advice |
Hurco Companies Forecasted Value
In the context of forecasting Hurco Companies' 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. Hurco Companies' downside and upside margins for the forecasting period are 14.17 and 18.20, respectively. We have considered Hurco Companies' 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 Hurco Companies stock data series using in forecasting. Note that when a statistical model is used to represent Hurco Companies 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 | 117.5934 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6631 |
| MAPE | Mean absolute percentage error | 0.0415 |
| SAE | Sum of the absolute errors | 40.4509 |
Predictive Modules for Hurco Companies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hurco Companies. 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.Hurco Companies After-Hype Price Density Analysis
As far as predicting the price of Hurco Companies at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Hurco Companies or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Hurco Companies, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Hurco Companies Estimiated After-Hype Price Volatility
In the context of predicting Hurco Companies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hurco Companies' historical news coverage. Hurco Companies' after-hype downside and upside margins for the prediction period are 14.73 and 18.77, respectively. We have considered Hurco Companies' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Hurco Companies is very steady at this time. Analysis and calculation of next after-hype price of Hurco Companies is based on 3 months time horizon.
Hurco Companies Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Hurco Companies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hurco Companies backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Hurco Companies, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.09 | 2.02 | 0.01 | 0.00 | 8 Events / Month | 6 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
16.74 | 16.75 | 0.06 |
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Hurco Companies Hype Timeline
Hurco Companies is currently traded for 16.74. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Hurco is projected to increase in value after the next headline, with the price projected to jump to 16.75 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 0.06%, whereas the daily expected return is currently at -0.09%. The volatility of related hype on Hurco Companies is about 11882.35%, with the expected price after the next announcement by competition of 16.74. The company reported the previous year's revenue of 178.55 M. Net Loss for the year was (15.12 M) with profit before overhead, payroll, taxes, and interest of 32.98 M. Given the investment horizon of 90 days the next projected press release will be in about 8 days. Check out Historical Fundamental Analysis of Hurco Companies to cross-verify your projections.Hurco Companies Related Hype Analysis
Having access to credible news sources related to Hurco Companies' direct competition is more important than ever and may enhance your ability to predict Hurco Companies' future price movements. Getting to know how Hurco Companies' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Hurco Companies may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HUHU | HUHUTECH International Group | (0.35) | 9 per month | 4.31 | 0.07 | 11.46 | (9.45) | 31.09 | |
| XCH | XCHG Limited American | 0.01 | 9 per month | 0.00 | (0.11) | 8.76 | (8.50) | 32.99 | |
| ESP | Espey Mfg Electronics | (0.82) | 7 per month | 1.64 | 0.21 | 4.38 | (2.75) | 10.00 | |
| MATH | Metalpha Technology Holding | (0.04) | 8 per month | 0.00 | (0.14) | 7.94 | (6.21) | 19.54 | |
| IRS | IRSA Inversiones Y | 0.09 | 9 per month | 1.50 | 0.18 | 4.98 | (2.98) | 36.65 | |
| SNT | Senstar Technologies | 0.10 | 9 per month | 0.00 | (0.03) | 7.06 | (7.90) | 27.00 | |
| SPAI | Safe Pro Group | 0.59 | 8 per month | 0.00 | (0.01) | 11.01 | (8.42) | 35.33 | |
| TUSK | Mammoth Energy Services | 0.01 | 7 per month | 3.16 | (0) | 7.35 | (4.84) | 27.95 | |
| DHX | DHI Group | (0.06) | 9 per month | 0.00 | (0.06) | 4.44 | (5.06) | 13.34 | |
| TAYD | Taylor Devices | 0.64 | 5 per month | 3.01 | 0.23 | 5.41 | (4.32) | 19.29 |
Other Forecasting Options for Hurco Companies
For every potential investor in Hurco, whether a beginner or expert, Hurco Companies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hurco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hurco. Basic forecasting techniques help filter out the noise by identifying Hurco Companies' price trends.Hurco Companies 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 Hurco Companies stock to make a market-neutral strategy. Peer analysis of Hurco Companies could also be used in its relative valuation, which is a method of valuing Hurco Companies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hurco Companies Market Strength Events
Market strength indicators help investors to evaluate how Hurco Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hurco Companies shares will generate the highest return on investment. By undertsting and applying Hurco Companies stock market strength indicators, traders can identify Hurco Companies entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 16.74 | |||
| Day Typical Price | 16.74 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.24) | |||
| Relative Strength Index | 50.91 |
Hurco Companies Risk Indicators
The analysis of Hurco Companies' 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 Hurco Companies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hurco 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 | 1.52 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.06 |
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.
Story Coverage note for Hurco Companies
The number of cover stories for Hurco Companies depends on current market conditions and Hurco Companies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Hurco Companies is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Hurco Companies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Hurco Companies Short Properties
Hurco Companies' future price predictability will typically decrease when Hurco Companies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hurco Companies often depends not only on the future outlook of the potential Hurco Companies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hurco Companies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.5 M | |
| Cash And Short Term Investments | 48.7 M |
Check out Historical Fundamental Analysis of Hurco Companies to cross-verify your projections. For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Will Industrial Machinery & Supplies & Components sector continue expanding? Could Hurco diversify its offerings? Factors like these will boost the valuation of Hurco Companies. Market participants price Hurco higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Hurco Companies data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.686 | Earnings Share (2.34) | Revenue Per Share | Quarterly Revenue Growth (0.15) | Return On Assets |
Understanding Hurco Companies requires distinguishing between market price and book value, where the latter reflects Hurco's accounting equity. The concept of intrinsic value—what Hurco Companies' is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Hurco Companies' price substantially above or below its fundamental value.
Please note, there is a significant difference between Hurco Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hurco Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Hurco Companies' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.