Interpublic Stock Forecast - Naive Prediction

Interpublic Additional Predictive Modules

Most predictive techniques to examine Interpublic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Interpublic using various technical indicators. When you analyze Interpublic 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. A naive forecasting model for Interpublic is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Interpublic Group 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.

Interpublic Naive Prediction Price Forecast For the 25th of January

Given 90 days horizon, the Naive Prediction forecasted value of Interpublic Group on the next trading day is expected to be 25.15 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.22, and the sum of the absolute errors of 23.00.

Interpublic Stock Forecast Pattern

Backtest Interpublic

Interpublic Price Prediction

Buy or Sell Advice

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 Interpublic stock data series using in forecasting. Note that when a statistical model is used to represent Interpublic 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. This model is not at all useful as a medium-long range forecasting tool of Interpublic Group. 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 Interpublic. 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 Interpublic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Interpublic Group. 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 Low Estimated High 22.99 24.71 26.43 Details

Intrinsic Valuation Low Real High 19.90 21.62 27.03 Details

Bollinger Band Projection (param) Low Middle High 24.02 25.79 27.57 Details

Interpublic After-Hype Price Prediction Density Analysis

Interpublic Estimiated After-Hype Price Volatility

Interpublic Stock Price Prediction Analysis

Interpublic Hype Timeline

On the 24th of January Interpublic Group is traded for 24.57. The entity has historical hype elasticity of 0.14, and average elasticity to hype of competition of 0.01. Interpublic is projected to increase in value after the next headline, with the price projected to jump to 24.71 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is projected to be 0.57%, whereas the daily expected return is currently at -0.39%. The volatility of related hype on Interpublic is about 5375.0%, with the expected price after the next announcement by competition of 24.58. The company reported the last year's revenue of 10.69 B. Total Income to common stockholders was 715.7 M with profit before taxes, overhead, and interest of 2.09 B. Considering the 90-day investment horizon the next projected press release will be in about 14 days. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Interpublic Related Hype Analysis

Interpublic Related Equities

Risk & Return

Correlation

Interpublic Market Strength Events

Interpublic Risk Indicators

Story Coverage note for Interpublic

Interpublic Short Properties

Other Consideration for investing in Interpublic Stock