Interactive Brokers Stock Forecast - Simple Regression
IBKR Stock | USD 192.95 1.97 1.03% |
The Simple Regression forecasted value of Interactive Brokers Group on the next trading day is expected to be 184.98 with a mean absolute deviation of 4.86 and the sum of the absolute errors of 296.47. Interactive Stock Forecast is based on your current time horizon. Although Interactive Brokers' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Interactive Brokers' systematic risk associated with finding meaningful patterns of Interactive Brokers fundamentals over time.
Interactive |
Interactive Brokers Simple Regression Price Forecast For the 27th of November
Given 90 days horizon, the Simple Regression forecasted value of Interactive Brokers Group on the next trading day is expected to be 184.98 with a mean absolute deviation of 4.86, mean absolute percentage error of 38.13, and the sum of the absolute errors of 296.47.Please note that although there have been many attempts to predict Interactive 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 Interactive Brokers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Interactive Brokers Stock Forecast Pattern
Backtest Interactive Brokers | Interactive Brokers Price Prediction | Buy or Sell Advice |
Interactive Brokers Forecasted Value
In the context of forecasting Interactive Brokers' 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. Interactive Brokers' downside and upside margins for the forecasting period are 182.97 and 186.98, respectively. We have considered Interactive Brokers' 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 Interactive Brokers stock data series using in forecasting. Note that when a statistical model is used to represent Interactive Brokers 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 | 121.7515 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 4.8602 |
MAPE | Mean absolute percentage error | 0.0312 |
SAE | Sum of the absolute errors | 296.4693 |
Predictive Modules for Interactive Brokers
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Interactive Brokers. 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 Interactive Brokers
For every potential investor in Interactive, whether a beginner or expert, Interactive Brokers' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Interactive Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Interactive. Basic forecasting techniques help filter out the noise by identifying Interactive Brokers' price trends.Interactive Brokers 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 Interactive Brokers stock to make a market-neutral strategy. Peer analysis of Interactive Brokers could also be used in its relative valuation, which is a method of valuing Interactive Brokers by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Interactive Brokers 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 Interactive Brokers' 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 Interactive Brokers' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Interactive Brokers Market Strength Events
Market strength indicators help investors to evaluate how Interactive Brokers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Interactive Brokers shares will generate the highest return on investment. By undertsting and applying Interactive Brokers stock market strength indicators, traders can identify Interactive Brokers Group entry and exit signals to maximize returns.
Accumulation Distribution | 16919.61 | |||
Daily Balance Of Power | 0.571 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 191.45 | |||
Day Typical Price | 191.95 | |||
Price Action Indicator | 2.49 | |||
Period Momentum Indicator | 1.97 |
Interactive Brokers Risk Indicators
The analysis of Interactive Brokers' 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 Interactive Brokers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting interactive 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 | 1.27 | |||
Semi Deviation | 0.8049 | |||
Standard Deviation | 1.99 | |||
Variance | 3.95 | |||
Downside Variance | 2.43 | |||
Semi Variance | 0.6478 | |||
Expected Short fall | (1.52) |
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.
Pair Trading with Interactive Brokers
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Interactive Brokers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Interactive Brokers will appreciate offsetting losses from the drop in the long position's value.Moving together with Interactive Stock
0.83 | V | Visa Class A | PairCorr |
0.75 | DHIL | Diamond Hill Investment | PairCorr |
0.96 | DIST | Distoken Acquisition | PairCorr |
0.7 | AB | AllianceBernstein | PairCorr |
0.76 | AC | Associated Capital | PairCorr |
Moving against Interactive Stock
0.85 | XP | Xp Inc Sell-off Trend | PairCorr |
0.78 | WU | Western Union | PairCorr |
0.64 | PT | Pintec Technology | PairCorr |
0.58 | RM | Regional Management Corp | PairCorr |
0.31 | PWUPW | PowerUp Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Interactive Brokers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interactive Brokers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Interactive Brokers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Interactive Brokers Group to buy it.
The correlation of Interactive Brokers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Interactive Brokers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interactive Brokers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Interactive Brokers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Interactive Stock Analysis
When running Interactive Brokers' price analysis, check to measure Interactive Brokers' 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 Interactive Brokers is operating at the current time. Most of Interactive Brokers' value examination focuses on studying past and present price action to predict the probability of Interactive Brokers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Interactive Brokers' price. Additionally, you may evaluate how the addition of Interactive Brokers to your portfolios can decrease your overall portfolio volatility.