Surgery Partners Stock Forecast - 20 Period Moving Average
| SGRY Stock | USD 25.50 0.12 0.47% |
The 20 Period Moving Average forecasted value of Surgery Partners on the next trading day is expected to be 26.23 with a mean absolute deviation of 1.95 and the sum of the absolute errors of 81.93. Surgery Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Surgery Partners stock prices and determine the direction of Surgery Partners's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Surgery Partners' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Surgery Partners' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Surgery Partners' systematic risk associated with finding meaningful patterns of Surgery Partners fundamentals over time.
Check out Historical Fundamental Analysis of Surgery Partners to cross-verify your projections. Surgery |
Open Interest Against 2024-05-17 Surgery Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Surgery Partners' 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 Surgery Partners' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Surgery Partners 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 Surgery Partners' open interest, investors have to compare it to Surgery Partners' 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 Surgery Partners 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 Surgery. 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 Surgery Partners 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 Surgery Partners' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Surgery Partners' price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Surgery Partners is based on a synthetically constructed Surgery Partnersdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. Surgery Partners 20 Period Moving Average Price Forecast For the 26th of April
Given 90 days horizon, the 20 Period Moving Average forecasted value of Surgery Partners on the next trading day is expected to be 26.23 with a mean absolute deviation of 1.95, mean absolute percentage error of 4.62, and the sum of the absolute errors of 81.93.Please note that although there have been many attempts to predict Surgery 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 Surgery Partners' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Surgery Partners Stock Forecast Pattern
| Backtest Surgery Partners | Surgery Partners Price Prediction | Buy or Sell Advice |
Surgery Partners Forecasted Value
In the context of forecasting Surgery Partners' 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. Surgery Partners' downside and upside margins for the forecasting period are 23.52 and 28.95, respectively. We have considered Surgery Partners' 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Surgery Partners stock data series using in forecasting. Note that when a statistical model is used to represent Surgery Partners 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 | 84.7211 |
| Bias | Arithmetic mean of the errors | 1.8975 |
| MAD | Mean absolute deviation | 1.9506 |
| MAPE | Mean absolute percentage error | 0.0713 |
| SAE | Sum of the absolute errors | 81.9265 |
Predictive Modules for Surgery Partners
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Surgery Partners. 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 Surgery Partners' 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 Surgery Partners
For every potential investor in Surgery, whether a beginner or expert, Surgery Partners' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Surgery Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Surgery. Basic forecasting techniques help filter out the noise by identifying Surgery Partners' price trends.Surgery Partners 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 Surgery Partners stock to make a market-neutral strategy. Peer analysis of Surgery Partners could also be used in its relative valuation, which is a method of valuing Surgery Partners by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Surgery Partners 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 Surgery Partners' 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 Surgery Partners' current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Volume Indicators |
Surgery Partners Market Strength Events
Market strength indicators help investors to evaluate how Surgery Partners stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Surgery Partners shares will generate the highest return on investment. By undertsting and applying Surgery Partners stock market strength indicators, traders can identify Surgery Partners entry and exit signals to maximize returns.
Surgery Partners Risk Indicators
The analysis of Surgery Partners' 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 Surgery Partners' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting surgery 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 | 2.05 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.19 |
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.
Surgery Partners Investors Sentiment
The influence of Surgery Partners' 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 Surgery. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Surgery Partners' public news can be used to forecast risks associated with an investment in Surgery. The trend in average sentiment can be used to explain how an investor holding Surgery can time the market purely based on public headlines and social activities around Surgery Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Surgery Partners' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Surgery Partners' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Surgery Partners' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Surgery Partners.
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 Surgery Partners 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, Surgery Partners' short interest history, or implied volatility extrapolated from Surgery Partners options trading.
Currently Active Assets on Macroaxis
When determining whether Surgery Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Surgery Partners' 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 Surgery Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Surgery Partners Stock:Check out Historical Fundamental Analysis of Surgery Partners to cross-verify your projections. For more information on how to buy Surgery Stock please use our How to Invest in Surgery Partners guide.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 Surgery Stock analysis
When running Surgery Partners' price analysis, check to measure Surgery Partners' 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 Surgery Partners is operating at the current time. Most of Surgery Partners' value examination focuses on studying past and present price action to predict the probability of Surgery Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surgery Partners' price. Additionally, you may evaluate how the addition of Surgery Partners to your portfolios can decrease your overall portfolio volatility.
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Is Surgery Partners' 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 Surgery Partners. If investors know Surgery 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 Surgery Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 21.839 | Quarterly Revenue Growth 0.04 | Return On Assets 0.0383 | Return On Equity 0.0407 |
The market value of Surgery Partners is measured differently than its book value, which is the value of Surgery that is recorded on the company's balance sheet. Investors also form their own opinion of Surgery Partners' value that differs from its market value or its book value, called intrinsic value, which is Surgery Partners' 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 Surgery Partners' market value can be influenced by many factors that don't directly affect Surgery Partners' 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 Surgery Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Surgery Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surgery Partners' 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.