International Money Stock Forecast - Simple Regression

IMXI Stock  USD 21.20  0.03  0.14%   
The Simple Regression forecasted value of International Money Express on the next trading day is expected to be 19.79 with a mean absolute deviation of 1.00 and the sum of the absolute errors of 61.30. International Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of International Money's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, International Money's Inventory Turnover is increasing as compared to previous years. The International Money's current Payables Turnover is estimated to increase to 16.96, while Fixed Asset Turnover is projected to decrease to 10.41. . The International Money's current Common Stock Shares Outstanding is estimated to increase to about 39.6 M. The International Money's current Net Income Applicable To Common Shares is estimated to increase to about 69.2 M.
Simple Regression model is a single variable regression model that attempts to put a straight line through International Money 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.

International Money Simple Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Regression forecasted value of International Money Express on the next trading day is expected to be 19.79 with a mean absolute deviation of 1.00, mean absolute percentage error of 1.26, and the sum of the absolute errors of 61.30.
Please note that although there have been many attempts to predict International 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 International Money's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

International Money Stock Forecast Pattern

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International Money Forecasted Value

In the context of forecasting International Money'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. International Money's downside and upside margins for the forecasting period are 17.67 and 21.91, respectively. We have considered International Money'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.
Market Value
21.20
19.79
Expected Value
21.91
Upside

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 International Money stock data series using in forecasting. Note that when a statistical model is used to represent International Money 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 Criteria118.3455
BiasArithmetic mean of the errors None
MADMean absolute deviation1.005
MAPEMean absolute percentage error0.0535
SAESum of the absolute errors61.305
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 International Money Express 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 International Money

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Money. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Money's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.1221.2423.36
Details
Intrinsic
Valuation
LowRealHigh
19.0824.1626.28
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.8819.3322.78
Details
9 Analysts
Consensus
LowTargetHigh
22.1424.3327.01
Details

Other Forecasting Options for International Money

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

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

International Money 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 International Money'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 International Money's current price.

International Money Market Strength Events

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

International Money Risk Indicators

The analysis of International Money's 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 International Money's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting international 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.

Currently Active Assets on Macroaxis

When determining whether International Money offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of International Money's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of International Money Express Stock. Outlined below are crucial reports that will aid in making a well-informed decision on International Money Express Stock:
Check out Historical Fundamental Analysis of International Money to cross-verify your projections.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Data Processing & Outsourced Services 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 International Money. If investors know International 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 International Money 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
0.293
Earnings Share
1.79
Revenue Per Share
19.966
Quarterly Revenue Growth
(0)
Return On Assets
0.114
The market value of International Money is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Money's value that differs from its market value or its book value, called intrinsic value, which is International Money's 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 International Money's market value can be influenced by many factors that don't directly affect International Money's 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 International Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Money's 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.