Inspira Technologies Stock Forecast - Naive Prediction

IINN Stock  USD 0.83  0.05  6.41%   
Inspira Stock outlook is based on your current time horizon. Although Inspira Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Inspira Technologies' systematic risk associated with finding meaningful patterns of Inspira Technologies fundamentals over time.
As of today, the relative strength index (RSI) of Inspira Technologies' share price is approaching 40. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Inspira Technologies, making its price go up or down.

Momentum 40

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Inspira Technologies' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Inspira Technologies Oxy, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Inspira Technologies' stock price prediction:
EPS Estimate Current Year
(0.44)
EPS Estimate Next Year
0.11
Wall Street Target Price
5
Using Inspira Technologies hype-based prediction, you can estimate the value of Inspira Technologies Oxy from the perspective of Inspira Technologies response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Inspira Technologies Oxy on the next trading day is expected to be 0.80 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.48.

Inspira Technologies after-hype prediction price

    
  USD 0.83  
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 Inspira Technologies to cross-verify your projections.

Inspira Technologies Additional Predictive Modules

Most predictive techniques to examine Inspira price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Inspira using various technical indicators. When you analyze Inspira 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.

Inspira Technologies Cash Forecast

Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Inspira Technologies' financial statements to estimate their effects on upcoming price movements.
 
Cash  
First Reported
2018-03-31
Previous Quarter
2.1 M
Current Value
2.1 M
Quarterly Volatility
6.7 M
 
Covid
 
Interest Hikes
A naive forecasting model for Inspira Technologies is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Inspira Technologies Oxy value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Inspira Technologies Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of Inspira Technologies Oxy on the next trading day is expected to be 0.80 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.48.
Please note that although there have been many attempts to predict Inspira 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 Inspira Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Inspira Technologies Stock Forecast Pattern

Backtest Inspira Technologies  Inspira Technologies Price Prediction  Buy or Sell Advice  

Inspira Technologies Forecasted Value

In the context of forecasting Inspira Technologies' 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. Inspira Technologies' downside and upside margins for the forecasting period are 0.01 and 5.18, respectively. We have considered Inspira Technologies' 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
0.83
0.80
Expected Value
5.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Inspira Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Inspira Technologies 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 Criteria112.121
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0406
MAPEMean absolute percentage error0.0413
SAESum of the absolute errors2.4767
This model is not at all useful as a medium-long range forecasting tool of Inspira Technologies Oxy. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Inspira Technologies. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Inspira Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inspira Technologies Oxy. 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
0.040.835.21
Details
Intrinsic
Valuation
LowRealHigh
0.040.755.13
Details
1 Analysts
Consensus
LowTargetHigh
4.555.005.55
Details

Inspira Technologies After-Hype Price Density Analysis

As far as predicting the price of Inspira Technologies 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 Inspira Technologies 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 Inspira Technologies, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Inspira Technologies Estimiated After-Hype Price Volatility

In the context of predicting Inspira Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Inspira Technologies' historical news coverage. Inspira Technologies' after-hype downside and upside margins for the prediction period are 0.04 and 5.21, respectively. We have considered Inspira Technologies' 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
0.83
0.83
After-hype Price
5.21
Upside
Inspira Technologies is abnormally volatile at this time. Analysis and calculation of next after-hype price of Inspira Technologies Oxy is based on 3 months time horizon.

Inspira Technologies Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Inspira Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Inspira Technologies 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 Inspira Technologies, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.32 
4.38
  0.03 
 0.00  
9 Events / Month
0 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.83
0.83
0.00 
5,475  
Notes

Inspira Technologies Hype Timeline

Inspira Technologies Oxy is currently traded for 0.83. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.0. Inspira is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at -0.32%. %. The volatility of related hype on Inspira Technologies is about 62571.43%, with the expected price after the next announcement by competition of 0.83. The company recorded a loss per share of 0.48. Inspira Technologies Oxy had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 9 days.
Check out Historical Fundamental Analysis of Inspira Technologies to cross-verify your projections.

Inspira Technologies Related Hype Analysis

Having access to credible news sources related to Inspira Technologies' direct competition is more important than ever and may enhance your ability to predict Inspira Technologies' future price movements. Getting to know how Inspira Technologies' 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 Inspira Technologies may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
NXLNexalin Technology 0.00 0 per month 0.00 (0.24) 7.92 (8.70) 27.45 
PTHSPelthos Therapeutics 0.00 0 per month 0.00 (0.07) 8.39 (8.07) 25.75 
NXGLNexgel Inc 0.00 0 per month 0.00 (0.10) 12.42 (7.78) 35.89 
LSTALisata Therapeutics 0.00 0 per month 2.96  0.09  5.38 (5.26) 85.83 
IRIXIRIDEX(0.07)2 per month 4.68  0.12  7.89 (5.15) 35.45 
COSMCosmos Health 0.00 0 per month 0.00 (0.15) 8.16 (10.00) 28.14 
ENLVEnlivex Therapeutics 0.00 0 per month 3.99  0.01  8.57 (7.53) 24.21 
FEMYFemasys 0.00 0 per month 6.66  0.01  15.00 (11.11) 47.42 
PASGPassage Bio 0.00 0 per month 5.89  0.14  14.59 (9.29) 58.13 
MTVAMetaVia 0.00 0 per month 0.00 (0.14) 11.60 (20.10) 79.95 

Other Forecasting Options for Inspira Technologies

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

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

Inspira Technologies Market Strength Events

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

Inspira Technologies Risk Indicators

The analysis of Inspira Technologies' 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 Inspira Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inspira 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.

Story Coverage note for Inspira Technologies

The number of cover stories for Inspira Technologies depends on current market conditions and Inspira Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Inspira Technologies 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 Inspira Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Inspira Technologies Short Properties

Inspira Technologies' future price predictability will typically decrease when Inspira Technologies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Inspira Technologies Oxy often depends not only on the future outlook of the potential Inspira Technologies' 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. Inspira Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding18.5 M
Cash And Short Term Investments5.8 M
When determining whether Inspira Technologies Oxy is a strong investment it is important to analyze Inspira Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Inspira Technologies' future performance. For an informed investment choice regarding Inspira Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Inspira Technologies to cross-verify your projections.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Health Care Equipment & Supplies 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 Inspira Technologies. If investors know Inspira 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 Inspira Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.48)
Revenue Per Share
0.012
Return On Assets
(1.14)
Return On Equity
(3.39)
The market value of Inspira Technologies Oxy is measured differently than its book value, which is the value of Inspira that is recorded on the company's balance sheet. Investors also form their own opinion of Inspira Technologies' value that differs from its market value or its book value, called intrinsic value, which is Inspira Technologies' 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 Inspira Technologies' market value can be influenced by many factors that don't directly affect Inspira Technologies' 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 Inspira Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspira Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspira Technologies' 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.