Investors Title Stock Forecast - Naive Prediction

ITIC Stock  USD 282.90  1.30  0.46%   
The Naive Prediction forecasted value of Investors Title on the next trading day is expected to be 288.16 with a mean absolute deviation of 3.80 and the sum of the absolute errors of 231.83. Investors Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Investors Title stock prices and determine the direction of Investors Title's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Investors Title's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Fixed Asset Turnover is expected to grow to 11.23, whereas Payables Turnover is forecasted to decline to 0.03. . The current year's Common Stock Shares Outstanding is expected to grow to about 2.2 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 18.4 M.

Investors Title Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Investors Title's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
1995-06-30
Previous Quarter
26.7 M
Current Value
25.5 M
Quarterly Volatility
11.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Investors Title is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Investors Title 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.

Investors Title Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of Investors Title on the next trading day is expected to be 288.16 with a mean absolute deviation of 3.80, mean absolute percentage error of 27.47, and the sum of the absolute errors of 231.83.
Please note that although there have been many attempts to predict Investors 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 Investors Title's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Investors Title Stock Forecast Pattern

Backtest Investors TitleInvestors Title Price PredictionBuy or Sell Advice 

Investors Title Forecasted Value

In the context of forecasting Investors Title'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. Investors Title's downside and upside margins for the forecasting period are 286.16 and 290.16, respectively. We have considered Investors Title'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
282.90
286.16
Downside
288.16
Expected Value
290.16
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 Investors Title stock data series using in forecasting. Note that when a statistical model is used to represent Investors Title 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 Criteria121.4234
BiasArithmetic mean of the errors None
MADMean absolute deviation3.8006
MAPEMean absolute percentage error0.016
SAESum of the absolute errors231.8339
This model is not at all useful as a medium-long range forecasting tool of Investors Title. 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 Investors Title. 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 Investors Title

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Investors Title. 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
278.68280.68282.68
Details
Intrinsic
Valuation
LowRealHigh
174.28176.28309.76
Details
Bollinger
Band Projection (param)
LowMiddleHigh
213.75252.69291.62
Details
0 Analysts
Consensus
LowTargetHigh
35.4939.0043.29
Details

Other Forecasting Options for Investors Title

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

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

Investors Title 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 Investors Title'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 Investors Title's current price.

Investors Title Market Strength Events

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

Investors Title Risk Indicators

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

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.
When determining whether Investors Title offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Investors Title'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 Investors Title Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Investors Title Stock:
Check out Historical Fundamental Analysis of Investors Title to cross-verify your projections.
For information on how to trade Investors Stock refer to our How to Trade Investors Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Property & Casualty Insurance 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 Investors Title. If investors know Investors 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 Investors Title 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
0.313
Dividend Share
1.84
Earnings Share
15.1
Revenue Per Share
127.776
Quarterly Revenue Growth
0.121
The market value of Investors Title is measured differently than its book value, which is the value of Investors that is recorded on the company's balance sheet. Investors also form their own opinion of Investors Title's value that differs from its market value or its book value, called intrinsic value, which is Investors Title'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 Investors Title's market value can be influenced by many factors that don't directly affect Investors Title'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 Investors Title's value and its price as these two are different measures arrived at by different means. Investors typically determine if Investors Title is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Investors Title'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.