StealthGas Stock Forecast - Simple Regression

GASS Stock  USD 5.56  0.14  2.46%   
The Simple Regression forecasted value of StealthGas on the next trading day is expected to be 5.72 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.64. StealthGas Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to gain to 44.24 in 2025, whereas Payables Turnover is likely to drop 6.42 in 2025. . Net Income Applicable To Common Shares is likely to gain to about 32.4 M in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 31.5 M in 2025.

Open Interest Against 2025-03-21 StealthGas Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast StealthGas' 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 StealthGas' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for StealthGas stock based on available contracts left at the end of a trading day.
2.55Calls Open InterestPuts Open Interest100%
Please note that to derive more accurate forecasting about market movement from the current StealthGas' open interest, investors have to compare it to StealthGas' 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 StealthGas 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 StealthGas. 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through StealthGas 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.

StealthGas Simple Regression Price Forecast For the 18th of February 2025

Given 90 days horizon, the Simple Regression forecasted value of StealthGas on the next trading day is expected to be 5.72 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.11, and the sum of the absolute errors of 15.64.
Please note that although there have been many attempts to predict StealthGas 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 StealthGas' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

StealthGas Stock Forecast Pattern

JavaScript chart by amCharts 3.21.15Nov 27Dec 6Dec 16Dec 24Jan 3Jan 14Jan 23Jan 31Feb 10Feb 174.85.05.25.45.65.86.0
JavaScript chart by amCharts 3.21.15StealthGas StealthGas forecast
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StealthGas Forecasted Value

In the context of forecasting StealthGas' 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. StealthGas' downside and upside margins for the forecasting period are 3.37 and 8.08, respectively. We have considered StealthGas' 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
5.56
5.72
Expected Value
8.08
Upside

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 StealthGas stock data series using in forecasting. Note that when a statistical model is used to represent StealthGas 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 Criteria115.8573
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2564
MAPEMean absolute percentage error0.0469
SAESum of the absolute errors15.6379
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as StealthGas historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for StealthGas

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as StealthGas. 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 StealthGas' 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
3.195.567.93
Details
Intrinsic
Valuation
LowRealHigh
2.264.637.00
Details
1 Analysts
Consensus
LowTargetHigh
9.1010.0011.10
Details

Other Forecasting Options for StealthGas

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

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 Risk & Return  Correlation

StealthGas 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 StealthGas' 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 StealthGas' current price.

StealthGas Market Strength Events

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

StealthGas Risk Indicators

The analysis of StealthGas' 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 StealthGas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stealthgas 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for StealthGas Stock Analysis

When running StealthGas' price analysis, check to measure StealthGas' 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 StealthGas is operating at the current time. Most of StealthGas' value examination focuses on studying past and present price action to predict the probability of StealthGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StealthGas' price. Additionally, you may evaluate how the addition of StealthGas to your portfolios can decrease your overall portfolio volatility.