In8bioInc Stock Forecast - Simple Moving Average
| INAB Stock | USD 1.01 0.03 2.88% |
The Simple Moving Average forecasted value of In8bioInc on the next trading day is expected to be 1.01 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.12. In8bioInc Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast In8bioInc stock prices and determine the direction of In8bioInc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of In8bioInc's historical fundamentals, such as revenue growth or operating cash flow patterns. Although In8bioInc's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of In8bioInc's systematic risk associated with finding meaningful patterns of In8bioInc fundamentals over time.
Check out Historical Fundamental Analysis of In8bioInc to cross-verify your projections. In8bioInc |
Most investors in In8bioInc 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 In8bioInc's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets In8bioInc's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for In8bioInc is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility. In8bioInc Simple Moving Average Price Forecast For the 27th of May
Given 90 days horizon, the Simple Moving Average forecasted value of In8bioInc on the next trading day is expected to be 1.01 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.12.Please note that although there have been many attempts to predict In8bioInc 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 In8bioInc's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
In8bioInc Stock Forecast Pattern
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In8bioInc Forecasted Value
In the context of forecasting In8bioInc'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. In8bioInc's downside and upside margins for the forecasting period are 0.01 and 5.40, respectively. We have considered In8bioInc'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 Moving Average forecasting method's relative quality and the estimations of the prediction error of In8bioInc stock data series using in forecasting. Note that when a statistical model is used to represent In8bioInc 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 | 108.3311 |
| Bias | Arithmetic mean of the errors | 0.0041 |
| MAD | Mean absolute deviation | 0.0359 |
| MAPE | Mean absolute percentage error | 0.0323 |
| SAE | Sum of the absolute errors | 2.12 |
Predictive Modules for In8bioInc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as In8bioInc. 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 In8bioInc'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 In8bioInc
For every potential investor in In8bioInc, whether a beginner or expert, In8bioInc's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. In8bioInc Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in In8bioInc. Basic forecasting techniques help filter out the noise by identifying In8bioInc's price trends.In8bioInc 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 In8bioInc stock to make a market-neutral strategy. Peer analysis of In8bioInc could also be used in its relative valuation, which is a method of valuing In8bioInc by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
In8bioInc 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 In8bioInc'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 In8bioInc's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
In8bioInc Market Strength Events
Market strength indicators help investors to evaluate how In8bioInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading In8bioInc shares will generate the highest return on investment. By undertsting and applying In8bioInc stock market strength indicators, traders can identify In8bioInc entry and exit signals to maximize returns.
In8bioInc Risk Indicators
The analysis of In8bioInc'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 In8bioInc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting in8bioinc 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 | 3.37 | |||
| Semi Deviation | 3.55 | |||
| Standard Deviation | 4.44 | |||
| Variance | 19.68 | |||
| Downside Variance | 15.92 | |||
| Semi Variance | 12.64 | |||
| Expected Short fall | (4.54) |
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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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.| MSFT | Microsoft | |
| GM | General Motors | |
| CRM | Salesforce |
Check out Historical Fundamental Analysis of In8bioInc to cross-verify your projections. For information on how to trade In8bioInc Stock refer to our How to Trade In8bioInc Stock guide.Note that the In8bioInc information on this page should be used as a complementary analysis to other In8bioInc'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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When running In8bioInc's price analysis, check to measure In8bioInc'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 In8bioInc is operating at the current time. Most of In8bioInc's value examination focuses on studying past and present price action to predict the probability of In8bioInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move In8bioInc's price. Additionally, you may evaluate how the addition of In8bioInc to your portfolios can decrease your overall portfolio volatility.
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Is In8bioInc'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 In8bioInc. If investors know In8bioInc 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 In8bioInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.90) | Return On Assets (0.78) | Return On Equity (1.81) |
The market value of In8bioInc is measured differently than its book value, which is the value of In8bioInc that is recorded on the company's balance sheet. Investors also form their own opinion of In8bioInc's value that differs from its market value or its book value, called intrinsic value, which is In8bioInc'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 In8bioInc's market value can be influenced by many factors that don't directly affect In8bioInc'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 In8bioInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if In8bioInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, In8bioInc'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.