Fathom Digital Stock Forecast - Polynomial Regression
| FATH Stock | USD 4.56 0.06 1.33% |
The Polynomial Regression forecasted value of Fathom Digital Manufacturing on the next trading day is expected to be 4.46 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.47. Fathom Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fathom Digital stock prices and determine the direction of Fathom Digital Manufacturing's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fathom Digital's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Fathom Digital's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Fathom Digital's systematic risk associated with finding meaningful patterns of Fathom Digital fundamentals over time.
Check out Historical Fundamental Analysis of Fathom Digital to cross-verify your projections. Fathom |
Most investors in Fathom Digital cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Fathom Digital's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Fathom Digital's price structures and extracts relationships that further increase the generated results' accuracy.
Fathom Digital polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Fathom Digital Manufacturing as well as the accuracy indicators are determined from the period prices. Fathom Digital Polynomial Regression Price Forecast For the 17th of April 2024
Given 90 days horizon, the Polynomial Regression forecasted value of Fathom Digital Manufacturing on the next trading day is expected to be 4.46 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.47.Please note that although there have been many attempts to predict Fathom 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 Fathom Digital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fathom Digital Stock Forecast Pattern
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Fathom Digital Forecasted Value
In the context of forecasting Fathom Digital'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. Fathom Digital's downside and upside margins for the forecasting period are 1.78 and 7.14, respectively. We have considered Fathom Digital'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Fathom Digital stock data series using in forecasting. Note that when a statistical model is used to represent Fathom Digital 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 | 113.5438 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0732 |
| MAPE | Mean absolute percentage error | 0.0166 |
| SAE | Sum of the absolute errors | 4.4653 |
Predictive Modules for Fathom Digital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fathom Digital Manuf. 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 Fathom Digital'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 Fathom Digital
For every potential investor in Fathom, whether a beginner or expert, Fathom Digital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fathom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fathom. Basic forecasting techniques help filter out the noise by identifying Fathom Digital's price trends.Fathom Digital 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 Fathom Digital stock to make a market-neutral strategy. Peer analysis of Fathom Digital could also be used in its relative valuation, which is a method of valuing Fathom Digital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fathom Digital Manuf 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 Fathom Digital'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 Fathom Digital's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Fathom Digital Market Strength Events
Market strength indicators help investors to evaluate how Fathom Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fathom Digital shares will generate the highest return on investment. By undertsting and applying Fathom Digital stock market strength indicators, traders can identify Fathom Digital Manufacturing entry and exit signals to maximize returns.
| Accumulation Distribution | 0.013 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 4.59 | |||
| Day Typical Price | 4.58 | |||
| Market Facilitation Index | 0.06 | |||
| Period Momentum Indicator | 0.06 |
Fathom Digital Risk Indicators
The analysis of Fathom Digital'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 Fathom Digital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fathom 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 | 1.71 | |||
| Semi Deviation | 2.03 | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.95 | |||
| Downside Variance | 5.08 | |||
| Semi Variance | 4.13 | |||
| Expected Short fall | (1.95) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fathom Digital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fathom Digital's short interest history, or implied volatility extrapolated from Fathom Digital options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Fathom Digital to cross-verify your projections. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Fathom Stock analysis
When running Fathom Digital's price analysis, check to measure Fathom Digital'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 Fathom Digital is operating at the current time. Most of Fathom Digital's value examination focuses on studying past and present price action to predict the probability of Fathom Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fathom Digital's price. Additionally, you may evaluate how the addition of Fathom Digital to your portfolios can decrease your overall portfolio volatility.
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Is Fathom Digital's industry 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 Fathom Digital. If investors know Fathom 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 Fathom Digital 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 (0.89) | Earnings Share (17.56) | Revenue Per Share 40.998 | Quarterly Revenue Growth (0.22) | Return On Assets (0.02) |
The market value of Fathom Digital Manuf is measured differently than its book value, which is the value of Fathom that is recorded on the company's balance sheet. Investors also form their own opinion of Fathom Digital's value that differs from its market value or its book value, called intrinsic value, which is Fathom Digital'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 Fathom Digital's market value can be influenced by many factors that don't directly affect Fathom Digital'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 Fathom Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fathom Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fathom Digital'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.