Xtant Medical Stock Forecast - Naive Prediction

Xtant Medical Additional Predictive Modules

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

Xtant Medical Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Xtant Medical Holdings on the next trading day is expected to be 0.67 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0007, and the sum of the absolute errors of 1.22.

Xtant Medical Stock Forecast Pattern

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Xtant Medical Forecasted Value

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 Xtant Medical stock data series using in forecasting. Note that when a statistical model is used to represent Xtant Medical 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 Xtant Medical Holdings. 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 Xtant Medical. 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 Xtant Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xtant Medical 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.

Hype Prediction Low Estimated High 0.03 0.60 4.70 Details

Intrinsic Valuation Low Real High 0.04 0.83 4.93 Details

Bollinger Band Projection (param) Low Middle High 0.59 0.71 0.83 Details

2 Analysts Consensus Low Target High 1.37 1.50 1.67 Details

Xtant Medical After-Hype Price Prediction Density Analysis

Xtant Medical Estimiated After-Hype Price Volatility

Xtant Medical Stock Price Prediction Analysis

Xtant Medical Hype Timeline

Xtant Medical Holdings is at this time traded for 0.65. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.01. Xtant is estimated to decline in value after the next headline, with the price expected to drop to 0.6. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -3.23%, whereas the daily expected return is at this time at -0.49%. The volatility of related hype on Xtant Medical is about 34166.67%, with the expected price after the next announcement by competition of 0.66. About 16.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.82. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Xtant Medical Holdings last dividend was issued on the 14th of February 2018. The entity had 1:12 split on the 14th of February 2018. Given the investment horizon of 90 days the next estimated press release will be in about 5 days. Check out Historical Fundamental Analysis of Xtant Medical to cross-verify your projections.

Xtant Medical Related Hype Analysis

Other Forecasting Options for Xtant Medical

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

Xtant Medical Related Equities

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