Interactive Health Stock Forecast - Simple Regression

The Simple Regression forecasted value of Interactive Health Network on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Interactive Stock Forecast is based on your current time horizon.
  
At this time, Interactive Health's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 1.85 in 2024, whereas Receivables Turnover is likely to drop 1.94 in 2024. . Net Income Applicable To Common Shares is likely to climb to about 198.3 K in 2024.
Simple Regression model is a single variable regression model that attempts to put a straight line through Interactive Health price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Interactive Health Simple Regression Price Forecast For the 26th of November

Given 90 days horizon, the Simple Regression forecasted value of Interactive Health Network on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
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 Health's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Interactive Health Stock Forecast Pattern

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Interactive Health Forecasted Value

In the context of forecasting Interactive Health's 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 Health's downside and upside margins for the forecasting period are 0.00 and 0.00, respectively. We have considered Interactive Health's 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.
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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 Health stock data series using in forecasting. Note that when a statistical model is used to represent Interactive Health 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Interactive Health Network historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Interactive Health

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 Health. 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.
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Other Forecasting Options for Interactive Health

For every potential investor in Interactive, whether a beginner or expert, Interactive Health's 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 Health's price trends.

Interactive Health 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 Health stock to make a market-neutral strategy. Peer analysis of Interactive Health could also be used in its relative valuation, which is a method of valuing Interactive Health by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Interactive Health 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 Health's 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 Health's current price.

Also Currently Popular

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.

Additional Tools for Interactive Stock Analysis

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