Insight Molecular Stock Forecast - Naive Prediction
| IMDX Stock | 2.45 0.06 2.39% |
The Naive Prediction forecasted value of Insight Molecular Diagnostics on the next trading day is expected to be 2.53 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.61. Insight Stock Forecast is based on your current time horizon.
Asset Turnover is likely to rise to 0.06 in 2025, whereas Inventory Turnover is likely to drop 3.04 in 2025. . Common Stock Shares Outstanding is likely to rise to about 13.7 M in 2025. Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Insight Molecular's financial statements to predict how it will affect future prices.
Cash | First Reported 2014-03-31 | Previous Quarter 31 M | Current Value 24.3 M | Quarterly Volatility 15 M |
Insight Molecular Naive Prediction Price Forecast For the 15th of August 2025
Given 90 days horizon, the Naive Prediction forecasted value of Insight Molecular Diagnostics on the next trading day is expected to be 2.53 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.06, and the sum of the absolute errors of 10.61.Please note that although there have been many attempts to predict Insight 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 Insight Molecular's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Insight Molecular Stock Forecast Pattern
| Backtest Insight Molecular | Insight Molecular Price Prediction | Buy or Sell Advice |
Insight Molecular Forecasted Value
In the context of forecasting Insight Molecular'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. Insight Molecular's downside and upside margins for the forecasting period are 0.02 and 9.04, respectively. We have considered Insight Molecular'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.
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 Insight Molecular stock data series using in forecasting. Note that when a statistical model is used to represent Insight Molecular 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 | 117.1496 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1711 |
| MAPE | Mean absolute percentage error | 0.056 |
| SAE | Sum of the absolute errors | 10.6085 |
Predictive Modules for Insight Molecular
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Insight Molecular. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Insight Molecular's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Insight Molecular
For every potential investor in Insight, whether a beginner or expert, Insight Molecular's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Insight Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Insight. Basic forecasting techniques help filter out the noise by identifying Insight Molecular's price trends.Insight Molecular 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 Insight Molecular stock to make a market-neutral strategy. Peer analysis of Insight Molecular could also be used in its relative valuation, which is a method of valuing Insight Molecular by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Insight Molecular 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 Insight Molecular'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 Insight Molecular's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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Insight Molecular Market Strength Events
Market strength indicators help investors to evaluate how Insight Molecular stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Insight Molecular shares will generate the highest return on investment. By undertsting and applying Insight Molecular stock market strength indicators, traders can identify Insight Molecular Diagnostics entry and exit signals to maximize returns.
| Accumulation Distribution | 740.11 | |||
| Daily Balance Of Power | (0.43) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 2.52 | |||
| Day Typical Price | 2.5 | |||
| Price Action Indicator | (0.10) | |||
| Period Momentum Indicator | (0.06) |
Insight Molecular Risk Indicators
The analysis of Insight Molecular'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 Insight Molecular's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting insight 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 | 3.96 | |||
| Standard Deviation | 6.37 | |||
| Variance | 40.53 |
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.Additional Tools for Insight Stock Analysis
When running Insight Molecular's price analysis, check to measure Insight Molecular's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Insight Molecular is operating at the current time. Most of Insight Molecular's value examination focuses on studying past and present price action to predict the probability of Insight Molecular's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insight Molecular's price. Additionally, you may evaluate how the addition of Insight Molecular to your portfolios can decrease your overall portfolio volatility.