International Money Stock Forecast - Naive Prediction

IMXI -  USA Stock  

USD 16.88  0.02  0.12%

International Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast International Money historical stock prices and determine the direction of International Money Express's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of International Money historical fundamentals such as revenue growth or operating cash flow patterns. Although International Money naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of International Money Express systematic risk associated with finding meaningful patterns of International Money fundamentals over time.
Please see Historical Fundamental Analysis of International Money to cross-verify your projections.

International Stock Forecast 

 
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The current Asset Turnover is estimated to increase to 1.50. The current Weighted Average Shares is estimated to decrease to about 34.3 M. The current Weighted Average Shares Diluted is estimated to decrease to about 34.5 M.

Open Interest Agains t 2021-11-19 International Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast International Money'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 International Money's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies International Money stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current International Money's open interest, investors have to compare it to International Money'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 International Money 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 International. 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 International Money 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 International Money's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets International Money's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for International Money is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of International Money Express 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.

International Money Naive Prediction Price Forecast For the 20th of October

Given 90 days horizon, the Naive Prediction forecasted value of International Money Express on the next trading day is expected to be 17.05 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.09, and the sum of the absolute errors of 14.75. Please note that although there have been many attempts to predict International 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 International Money's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

International Money Stock Forecast Pattern

Backtest International MoneyInternational Money Price PredictionBuy or Sell Advice 

International Money Forecasted Value

In the context of forecasting International Money'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. International Money's downside and upside margins for the forecasting period are 15.45 and 18.66, respectively. We have considered International Money'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
16.88
19th of October 2021
17.05
Expected Value
18.66
Upside

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 International Money stock data series using in forecasting. Note that when a statistical model is used to represent International Money 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 Criteria115.7056
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2418
MAPEMean absolute percentage error0.0142
SAESum of the absolute errors14.7494
This model is not at all useful as a medium-long range forecasting tool of International Money Express. 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 International Money. 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 International Money

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Money. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of International Money'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. Please use the tools below to analyze the current value of International Money in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
15.2216.8218.42
Details
Intrinsic
Valuation
LowReal ValueHigh
15.1919.3120.91
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.6616.8417.21
Details
3 Analysts
Consensus
LowTarget PriceHigh
21.0021.5022.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as International Money. Your research has to be compared to or analyzed against International Money's peers to derive any actionable benefits. When done correctly, International Money's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in International Money.

Other Forecasting Options for International Money

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

View Currently 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 International Money stock to make a market-neutral strategy. Peer analysis of International Money could also be used in its relative valuation, which is a method of valuing International Money by comparing valuation metrics with similar companies.

International Money 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 International Money'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 International Money's current price.

International Money Market Strength Events

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

International Money Risk Indicators

The analysis of International Money's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in International Money's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting International Money stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

International Money Investors Sentiment

The influence of International Money's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in International. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - IMXI

International Money Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in International Money Express. What is your judgment towards investing in International Money Express? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Please see Historical Fundamental Analysis of International Money to cross-verify your projections. Note that the International Money information on this page should be used as a complementary analysis to other International Money'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running International Money price analysis, check to measure International Money'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 International Money is operating at the current time. Most of International Money's value examination focuses on studying past and present price action to predict the probability of International Money's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move International Money's price. Additionally, you may evaluate how the addition of International Money to your portfolios can decrease your overall portfolio volatility.
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The market value of International Money is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Money's value that differs from its market value or its book value, called intrinsic value, which is International Money'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 International Money's market value can be influenced by many factors that don't directly affect International Money underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Money's value and its price as these two are different measures arrived at by different means. Investors typically determine International Money value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Money'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.