Imax Corp Stock Forecast - 4 Period Moving Average

IMAX Stock  USD 16.16  0.45  2.86%   
The 4 Period Moving Average forecasted value of Imax Corp on the next trading day is expected to be 15.97 with a mean absolute deviation of  0.31  and the sum of the absolute errors of 18.12. Imax Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Imax Corp stock prices and determine the direction of Imax Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Imax Corp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Imax Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Imax Corp's systematic risk associated with finding meaningful patterns of Imax Corp fundamentals over time.
Check out Historical Fundamental Analysis of Imax Corp to cross-verify your projections.
For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.
  
At this time, Imax Corp's Payables Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 2.92 in 2024, whereas Inventory Turnover is likely to drop 3.46 in 2024. . Common Stock Shares Outstanding is likely to drop to about 54.1 M in 2024. Net Loss is likely to rise to about (19.5 M) in 2024.

Open Interest Against 2024-04-19 Imax Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Imax Corp's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Imax Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Imax Corp stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Imax Corp's open interest, investors have to compare it to Imax Corp's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Imax Corp is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Imax. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Imax Corp 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 Imax Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Imax Corp's price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for Imax Corp is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Imax Corp 4 Period Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the 4 Period Moving Average forecasted value of Imax Corp on the next trading day is expected to be 15.97 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.20, and the sum of the absolute errors of 18.12.
Please note that although there have been many attempts to predict Imax 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 Imax Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Imax Corp Stock Forecast Pattern

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Imax Corp Forecasted Value

In the context of forecasting Imax Corp'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. Imax Corp's downside and upside margins for the forecasting period are 13.73 and 18.22, respectively. We have considered Imax Corp'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.
Market Value
16.16
15.97
Expected Value
18.22
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Imax Corp stock data series using in forecasting. Note that when a statistical model is used to represent Imax Corp 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.
AICAkaike Information Criteria110.9822
BiasArithmetic mean of the errors -0.0446
MADMean absolute deviation0.3125
MAPEMean absolute percentage error0.0202
SAESum of the absolute errors18.1225
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Imax Corp. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Imax Corp and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Imax Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Imax Corp. 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 Imax Corp'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.
Hype
Prediction
LowEstimatedHigh
13.9416.1618.38
Details
Intrinsic
Valuation
LowRealHigh
13.6215.8418.06
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.5415.9116.29
Details
10 Analysts
Consensus
LowTargetHigh
22.1124.3026.97
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Imax Corp. Your research has to be compared to or analyzed against Imax Corp's peers to derive any actionable benefits. When done correctly, Imax Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Imax Corp.

Other Forecasting Options for Imax Corp

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

Imax Corp 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 Imax Corp stock to make a market-neutral strategy. Peer analysis of Imax Corp could also be used in its relative valuation, which is a method of valuing Imax Corp by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Imax Corp 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 Imax Corp'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 Imax Corp's current price.

Imax Corp Market Strength Events

Market strength indicators help investors to evaluate how Imax Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Imax Corp shares will generate the highest return on investment. By undertsting and applying Imax Corp stock market strength indicators, traders can identify Imax Corp entry and exit signals to maximize returns.

Imax Corp Risk Indicators

The analysis of Imax Corp'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 Imax Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting imax 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.
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 Imax Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Imax Corp'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 Imax Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Imax Corp Stock:
Check out Historical Fundamental Analysis of Imax Corp to cross-verify your projections.
For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.
Note that the Imax Corp information on this page should be used as a complementary analysis to other Imax Corp'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 Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Imax Stock analysis

When running Imax Corp's price analysis, check to measure Imax Corp'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 Imax Corp is operating at the current time. Most of Imax Corp's value examination focuses on studying past and present price action to predict the probability of Imax Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imax Corp's price. Additionally, you may evaluate how the addition of Imax Corp to your portfolios can decrease your overall portfolio volatility.
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Is Imax Corp'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 Imax Corp. If investors know Imax 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 Imax Corp 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
0.03
Earnings Share
0.46
Revenue Per Share
6.902
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0411
The market value of Imax Corp is measured differently than its book value, which is the value of Imax that is recorded on the company's balance sheet. Investors also form their own opinion of Imax Corp's value that differs from its market value or its book value, called intrinsic value, which is Imax Corp'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 Imax Corp's market value can be influenced by many factors that don't directly affect Imax Corp'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 Imax Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imax Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imax Corp'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.