InTest Stock Forecast - 20 Period Moving Average

INTT Stock  USD 9.37  0.25  2.74%   
The 20 Period Moving Average forecasted value of inTest on the next trading day is expected to be 8.80 with a mean absolute deviation of 0.40 and the sum of the absolute errors of 16.35. InTest Stock Forecast is based on your current time horizon.
  
At this time, InTest's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 11.18 in 2025, whereas Receivables Turnover is likely to drop 7.72 in 2025. . Net Income Applicable To Common Shares is likely to gain to about 8 M in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 10.2 M in 2025.

Open Interest Against 2025-03-21 InTest Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast InTest's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in InTest's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for InTest stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current InTest's open interest, investors have to compare it to InTest's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of InTest is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in InTest. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
A commonly used 20-period moving average forecast model for inTest is based on a synthetically constructed InTestdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

InTest 20 Period Moving Average Price Forecast For the 25th of January

Given 90 days horizon, the 20 Period Moving Average forecasted value of inTest on the next trading day is expected to be 8.80 with a mean absolute deviation of 0.40, mean absolute percentage error of 0.28, and the sum of the absolute errors of 16.35.
Please note that although there have been many attempts to predict InTest 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 InTest's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

InTest Stock Forecast Pattern

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InTest Forecasted Value

In the context of forecasting InTest'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. InTest's downside and upside margins for the forecasting period are 5.21 and 12.38, respectively. We have considered InTest'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
9.37
8.80
Expected Value
12.38
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of InTest stock data series using in forecasting. Note that when a statistical model is used to represent InTest 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 Criteria80.0661
BiasArithmetic mean of the errors -0.352
MADMean absolute deviation0.3988
MAPEMean absolute percentage error0.046
SAESum of the absolute errors16.3525
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. inTest 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for InTest

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as inTest. 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 InTest'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
5.759.3712.99
Details
Intrinsic
Valuation
LowRealHigh
5.198.8112.43
Details
2 Analysts
Consensus
LowTargetHigh
11.8313.0014.43
Details

Other Forecasting Options for InTest

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

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 Risk & Return  Correlation

inTest 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 InTest'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 InTest's current price.

InTest Market Strength Events

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

InTest Risk Indicators

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for InTest Stock Analysis

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