Resolute Holdings Stock Forecast - Simple Regression
| RHLD Stock | 186.45 19.98 9.68% |
The Simple Regression forecasted value of Resolute Holdings Management on the next trading day is expected to be 239.03 with a mean absolute deviation of 17.29 and the sum of the absolute errors of 1,055. Resolute Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Resolute Holdings stock prices and determine the direction of Resolute Holdings Management's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Resolute Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time The relative strength index (RSI) of Resolute Holdings' share price is above 80 indicating that the stock is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 86
Buy Peaked
Oversold | Overbought |
Quarterly Revenue Growth 0.128 |
Using Resolute Holdings hype-based prediction, you can estimate the value of Resolute Holdings Management from the perspective of Resolute Holdings response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Resolute Holdings Management on the next trading day is expected to be 239.03 with a mean absolute deviation of 17.29 and the sum of the absolute errors of 1,055. Resolute Holdings after-hype prediction price | USD 192.42 |
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 Resolute Holdings to cross-verify your projections. Resolute Holdings Additional Predictive Modules
Most predictive techniques to examine Resolute price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Resolute using various technical indicators. When you analyze Resolute 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Resolute Holdings Simple Regression Price Forecast For the 5th of January
Given 90 days horizon, the Simple Regression forecasted value of Resolute Holdings Management on the next trading day is expected to be 239.03 with a mean absolute deviation of 17.29, mean absolute percentage error of 486.34, and the sum of the absolute errors of 1,055.Please note that although there have been many attempts to predict Resolute 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 Resolute Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Resolute Holdings Stock Forecast Pattern
| Backtest Resolute Holdings | Resolute Holdings Price Prediction | Buy or Sell Advice |
Resolute Holdings Forecasted Value
In the context of forecasting Resolute Holdings' 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. Resolute Holdings' downside and upside margins for the forecasting period are 226.04 and 252.01, respectively. We have considered Resolute Holdings' 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.
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 Resolute Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Resolute Holdings 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.| AIC | Akaike Information Criteria | 124.2974 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 17.2949 |
| MAPE | Mean absolute percentage error | 0.1411 |
| SAE | Sum of the absolute errors | 1054.9894 |
Predictive Modules for Resolute Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Resolute Holdings. 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.Other Forecasting Options for Resolute Holdings
For every potential investor in Resolute, whether a beginner or expert, Resolute Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Resolute Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Resolute. Basic forecasting techniques help filter out the noise by identifying Resolute Holdings' price trends.Resolute Holdings 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 Resolute Holdings stock to make a market-neutral strategy. Peer analysis of Resolute Holdings could also be used in its relative valuation, which is a method of valuing Resolute Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Resolute Holdings 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 Resolute Holdings' 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 Resolute Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Resolute Holdings Market Strength Events
Market strength indicators help investors to evaluate how Resolute Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Resolute Holdings shares will generate the highest return on investment. By undertsting and applying Resolute Holdings stock market strength indicators, traders can identify Resolute Holdings Management entry and exit signals to maximize returns.
| Accumulation Distribution | 0.13 | |||
| Daily Balance Of Power | (0.72) | |||
| Rate Of Daily Change | 0.9 | |||
| Day Median Price | 198.34 | |||
| Day Typical Price | 194.38 | |||
| Market Facilitation Index | 27.62 | |||
| Price Action Indicator | (21.88) | |||
| Period Momentum Indicator | (19.98) | |||
| Relative Strength Index | 86.46 |
Resolute Holdings Risk Indicators
The analysis of Resolute Holdings' 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 Resolute Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting resolute 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.
| Mean Deviation | 4.82 | |||
| Semi Deviation | 3.59 | |||
| Standard Deviation | 12.68 | |||
| Variance | 160.87 | |||
| Downside Variance | 27.25 | |||
| Semi Variance | 12.86 | |||
| Expected Short fall | (5.20) |
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.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Check out Historical Fundamental Analysis of Resolute Holdings to cross-verify your projections. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Research & Consulting 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 Resolute Holdings. If investors know Resolute 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 Resolute Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Resolute Holdings is measured differently than its book value, which is the value of Resolute that is recorded on the company's balance sheet. Investors also form their own opinion of Resolute Holdings' value that differs from its market value or its book value, called intrinsic value, which is Resolute Holdings' 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 Resolute Holdings' market value can be influenced by many factors that don't directly affect Resolute Holdings' 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 Resolute Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Resolute Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resolute Holdings' 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.