HomeTrust Bancshares Stock Forecast - Simple Regression

Simple Regression model is a single variable regression model that attempts to put a straight line through HomeTrust Bancshares 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.

HomeTrust Bancshares Simple Regression Price Forecast For the 22nd of March

Given 90 days horizon, the Simple Regression forecasted value of HomeTrust Bancshares on the next trading day is expected to be 35.75 with a mean absolute deviation of 1.69, mean absolute percentage error of 3.42, and the sum of the absolute errors of 105.03.

HomeTrust Bancshares Stock Forecast Pattern

Backtest HomeTrust Bancshares

HomeTrust Bancshares Price Prediction

Buy or Sell Advice

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 HomeTrust Bancshares stock data series using in forecasting. Note that when a statistical model is used to represent HomeTrust Bancshares 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. 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 HomeTrust Bancshares 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 HomeTrust Bancshares

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HomeTrust Bancshares. 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.

Hype Prediction Low Estimated High 31.83 33.83 35.83 Details

Intrinsic Valuation Low Real High 27.18 29.18 37.21 Details

Bollinger Band Projection (param) Low Middle High 35.34 37.02 38.69 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as HomeTrust Bancshares. Your research has to be compared to or analyzed against HomeTrust Bancshares' peers to derive any actionable benefits. When done correctly, HomeTrust Bancshares' 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 HomeTrust Bancshares.

HomeTrust Bancshares Related Equities

Risk & Return

Correlation

HomeTrust Bancshares Market Strength Events

HomeTrust Bancshares Risk Indicators

Currently Active Assets on Macroaxis

Other Consideration for investing in HomeTrust Stock