Indivior PLC Stock Forecast - Double Exponential Smoothing

INDV Stock   914.50  1.00  0.11%   
The Double Exponential Smoothing forecasted value of Indivior PLC on the next trading day is expected to be 917.72 with a mean absolute deviation of 19.66 and the sum of the absolute errors of 1,160. Indivior Stock Forecast is based on your current time horizon.
  
At this time, Indivior PLC's Non Currrent Assets Other are comparatively stable compared to the past year. Short and Long Term Debt Total is likely to gain to about 321.8 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 695.6 M in 2024.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Indivior PLC works best with periods where there are trends or seasonality.

Indivior PLC Double Exponential Smoothing Price Forecast For the 23rd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Indivior PLC on the next trading day is expected to be 917.72 with a mean absolute deviation of 19.66, mean absolute percentage error of 817.75, and the sum of the absolute errors of 1,160.
Please note that although there have been many attempts to predict Indivior 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 Indivior PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Indivior PLC Stock Forecast Pattern

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Indivior PLC Forecasted Value

In the context of forecasting Indivior PLC'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. Indivior PLC's downside and upside margins for the forecasting period are 914.05 and 921.38, respectively. We have considered Indivior PLC'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
914.50
914.05
Downside
917.72
Expected Value
921.38
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Indivior PLC stock data series using in forecasting. Note that when a statistical model is used to represent Indivior PLC 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 CriteriaHuge
BiasArithmetic mean of the errors -3.8502
MADMean absolute deviation19.664
MAPEMean absolute percentage error0.0265
SAESum of the absolute errors1160.174
When Indivior PLC prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Indivior PLC trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Indivior PLC observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Indivior PLC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indivior PLC. 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
LowEstimatedHigh
823.05937.38941.04
Details
Intrinsic
Valuation
LowRealHigh
846.83850.481,006
Details
Bollinger
Band Projection (param)
LowMiddleHigh
864.92910.04955.15
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.370.410.44
Details

Other Forecasting Options for Indivior PLC

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

Indivior PLC 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 Indivior PLC stock to make a market-neutral strategy. Peer analysis of Indivior PLC could also be used in its relative valuation, which is a method of valuing Indivior PLC by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Indivior PLC 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 Indivior PLC'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 Indivior PLC's current price.

Indivior PLC Market Strength Events

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

Indivior PLC Risk Indicators

The analysis of Indivior PLC'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 Indivior PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting indivior 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.

Also Currently Popular

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.

Additional Tools for Indivior Stock Analysis

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