HCI Stock Forecast - Simple Regression
| HCI Stock | USD 99.28 2.46 2.54% |
The Simple Regression forecasted value of HCI Group on the next trading day is expected to be 105.50 with a mean absolute deviation of 4.93 and the sum of the absolute errors of 305.77. HCI Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast HCI stock prices and determine the direction of HCI Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of HCI's historical fundamentals, such as revenue growth or operating cash flow patterns. Although HCI's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of HCI's systematic risk associated with finding meaningful patterns of HCI fundamentals over time.
Check out Historical Fundamental Analysis of HCI to cross-verify your projections. HCI |
Most investors in HCI 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 HCI's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets HCI's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through HCI 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. HCI Simple Regression Price Forecast For the 30th of May
Given 90 days horizon, the Simple Regression forecasted value of HCI Group on the next trading day is expected to be 105.50 with a mean absolute deviation of 4.93, mean absolute percentage error of 36.73, and the sum of the absolute errors of 305.77.Please note that although there have been many attempts to predict HCI 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 HCI's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
HCI Stock Forecast Pattern
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HCI Forecasted Value
In the context of forecasting HCI'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. HCI's downside and upside margins for the forecasting period are 102.92 and 108.07, respectively. We have considered HCI'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of HCI stock data series using in forecasting. Note that when a statistical model is used to represent HCI 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 | 123.5519 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 4.9318 |
| MAPE | Mean absolute percentage error | 0.0463 |
| SAE | Sum of the absolute errors | 305.7698 |
Predictive Modules for HCI
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HCI Group. 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 HCI'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 HCI
For every potential investor in HCI, whether a beginner or expert, HCI's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HCI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HCI. Basic forecasting techniques help filter out the noise by identifying HCI's price trends.HCI 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 HCI stock to make a market-neutral strategy. Peer analysis of HCI could also be used in its relative valuation, which is a method of valuing HCI by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HCI Group 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 HCI'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 HCI's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
HCI Market Strength Events
Market strength indicators help investors to evaluate how HCI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HCI shares will generate the highest return on investment. By undertsting and applying HCI stock market strength indicators, traders can identify HCI Group entry and exit signals to maximize returns.
| Accumulation Distribution | 3288.39 | |||
| Daily Balance Of Power | 1.093333 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 98.77 | |||
| Day Typical Price | 98.94 | |||
| Price Action Indicator | 1.75 | |||
| Period Momentum Indicator | 2.46 |
HCI Risk Indicators
The analysis of HCI'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 HCI's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hci 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 | 1.52 | |||
| Semi Deviation | 1.94 | |||
| Standard Deviation | 2.5 | |||
| Variance | 6.27 | |||
| Downside Variance | 4.0 | |||
| Semi Variance | 3.75 | |||
| Expected Short fall | (1.89) |
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.
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When determining whether HCI Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HCI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hci Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hci Group Stock:Check out Historical Fundamental Analysis of HCI to cross-verify your projections. Note that the HCI Group information on this page should be used as a complementary analysis to other HCI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for HCI Stock analysis
When running HCI's price analysis, check to measure HCI'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 HCI is operating at the current time. Most of HCI's value examination focuses on studying past and present price action to predict the probability of HCI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HCI's price. Additionally, you may evaluate how the addition of HCI to your portfolios can decrease your overall portfolio volatility.
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Is HCI'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 HCI. If investors know HCI 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 HCI 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 16.123 | Dividend Share 1.6 | Earnings Share 10.14 | Revenue Per Share 71.922 | Quarterly Revenue Growth 0.48 |
The market value of HCI Group is measured differently than its book value, which is the value of HCI that is recorded on the company's balance sheet. Investors also form their own opinion of HCI's value that differs from its market value or its book value, called intrinsic value, which is HCI'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 HCI's market value can be influenced by many factors that don't directly affect HCI'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 HCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCI'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.