Sensus Healthcare Stock Forecast - Simple Regression

Sensus Healthcare Additional Predictive Modules

Most predictive techniques to examine Sensus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sensus using various technical indicators. When you analyze Sensus 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. Simple Regression model is a single variable regression model that attempts to put a straight line through Sensus Healthcare 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.

Sensus Healthcare Simple Regression Price Forecast For the 23rd of January

Given 90 days horizon, the Simple Regression forecasted value of Sensus Healthcare on the next trading day is expected to be 4.67 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.14, and the sum of the absolute errors of 19.34.

Sensus Healthcare Stock Forecast Pattern

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Sensus Healthcare Price Prediction

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Sensus Healthcare Forecasted Value

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 Sensus Healthcare stock data series using in forecasting. Note that when a statistical model is used to represent Sensus Healthcare 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. 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 Sensus Healthcare 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 Sensus Healthcare

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sensus Healthcare. 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 0.01 4.97 9.93 Details

Intrinsic Valuation Low Real High 0.90 5.86 10.82 Details

Bollinger Band Projection (param) Low Middle High 3.28 4.36 5.44 Details

Sensus Healthcare After-Hype Price Prediction Density Analysis

Sensus Healthcare Estimiated After-Hype Price Volatility

Sensus Healthcare Stock Price Prediction Analysis

Sensus Healthcare Hype Timeline

Sensus Healthcare is at this time traded for 4.97. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. Sensus is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.77%. %. The volatility of related hype on Sensus Healthcare is about 11022.22%, with the expected price after the next announcement by competition of 5.00. About 18.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.59. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sensus Healthcare recorded a loss per share of 0.18. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be within a week. Check out Historical Fundamental Analysis of Sensus Healthcare to cross-verify your projections. For more information on how to buy Sensus Stock please use our How to Invest in Sensus Healthcare guide.

Sensus Healthcare Related Hype Analysis

Other Forecasting Options for Sensus Healthcare

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

Sensus Healthcare Related Equities

Risk & Return

Correlation

Sensus Healthcare Market Strength Events

Sensus Healthcare Risk Indicators

Story Coverage note for Sensus Healthcare

Sensus Healthcare Short Properties

Additional Tools for Sensus Stock Analysis