Regional Health Stock Forecast - Simple Moving Average
| RHE Stock | USD 2.32 0.07 3.11% |
The Simple Moving Average forecasted value of Regional Health Properties on the next trading day is expected to be 2.32 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.81. Regional Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Regional Health stock prices and determine the direction of Regional Health Properties's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Regional Health's historical fundamentals, such as revenue growth or operating cash flow patterns.
Regional |
Regional Health Simple Moving Average Price Forecast For the 28th of February
Given 90 days horizon, the Simple Moving Average forecasted value of Regional Health Properties on the next trading day is expected to be 2.32 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.10, and the sum of the absolute errors of 8.81.Please note that although there have been many attempts to predict Regional 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 Regional Health's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Regional Health Stock Forecast Pattern
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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 Regional Health stock data series using in forecasting. Note that when a statistical model is used to represent Regional Health 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 | 112.1536 |
| Bias | Arithmetic mean of the errors | -0.0131 |
| MAD | Mean absolute deviation | 0.1492 |
| MAPE | Mean absolute percentage error | 0.0665 |
| SAE | Sum of the absolute errors | 8.805 |
Predictive Modules for Regional Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Regional Health Prop. 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.View Regional Health Related Equities
| Risk & Return | Correlation |
Regional Health Market Strength Events
Market strength indicators help investors to evaluate how Regional Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Regional Health shares will generate the highest return on investment. By undertsting and applying Regional Health stock market strength indicators, traders can identify Regional Health Properties entry and exit signals to maximize returns.
Regional Health Risk Indicators
The analysis of Regional Health'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 Regional Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting regional 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 | 7.01 | |||
| Semi Deviation | 7.27 | |||
| Standard Deviation | 17.8 | |||
| Variance | 316.67 | |||
| Downside Variance | 93.73 | |||
| Semi Variance | 52.8 | |||
| Expected Short fall | (8.59) |
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.When determining whether Regional Health Prop is a strong investment it is important to analyze Regional Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Regional Health's future performance. For an informed investment choice regarding Regional Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Health Care Providers & Services space 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 Regional Health. If investors know Regional 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 Regional Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.55) | Revenue Per Share 8.558 | Quarterly Revenue Growth (0.06) | Return On Assets (0) | Return On Equity |
The market value of Regional Health Prop is measured differently than its book value, which is the value of Regional that is recorded on the company's balance sheet. Investors also form their own opinion of Regional Health's value that differs from its market value or its book value, called intrinsic value, which is Regional Health'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 Regional Health's market value can be influenced by many factors that don't directly affect Regional Health'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 Regional Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Regional Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Regional Health'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.