Interface Stock Forecast - 8 Period Moving Average

TILE Stock  USD 26.55  0.04  0.15%   
The 8 Period Moving Average forecasted value of Interface on the next trading day is expected to be 26.14 with a mean absolute deviation of 1.10 and the sum of the absolute errors of 58.50. Interface Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Interface stock prices and determine the direction of Interface's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Interface's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Interface's Fixed Asset Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 1.26, whereas Payables Turnover is forecasted to decline to 8.59. . The current year's Net Income Applicable To Common Shares is expected to grow to about 34.8 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 56.9 M.
An 8-period moving average forecast model for Interface is based on an artificially constructed time series of Interface daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Interface 8 Period Moving Average Price Forecast For the 2nd of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Interface on the next trading day is expected to be 26.14 with a mean absolute deviation of 1.10, mean absolute percentage error of 2.99, and the sum of the absolute errors of 58.50.
Please note that although there have been many attempts to predict Interface 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 Interface's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Interface Stock Forecast Pattern

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Interface Forecasted Value

In the context of forecasting Interface'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. Interface's downside and upside margins for the forecasting period are 21.68 and 30.60, respectively. We have considered Interface'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
26.55
26.14
Expected Value
30.60
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Interface stock data series using in forecasting. Note that when a statistical model is used to represent Interface 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 Criteria104.5024
BiasArithmetic mean of the errors -0.6703
MADMean absolute deviation1.1037
MAPEMean absolute percentage error0.0494
SAESum of the absolute errors58.4975
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Interface 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Interface

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Interface. 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
22.1726.6331.09
Details
Intrinsic
Valuation
LowRealHigh
17.4121.8729.21
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.4825.9127.34
Details
2 Analysts
Consensus
LowTargetHigh
13.6515.0016.65
Details

Other Forecasting Options for Interface

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

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

Interface 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 Interface'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 Interface's current price.

Interface Market Strength Events

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

Interface Risk Indicators

The analysis of Interface'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 Interface's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting interface 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.
When determining whether Interface is a strong investment it is important to analyze Interface'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 Interface's future performance. For an informed investment choice regarding Interface Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Interface to cross-verify your projections.
For information on how to trade Interface Stock refer to our How to Trade Interface Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Commercial Services & Supplies 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 Interface. If investors know Interface 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 Interface listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.857
Dividend Share
0.04
Earnings Share
1.44
Revenue Per Share
22.423
Quarterly Revenue Growth
0.107
The market value of Interface is measured differently than its book value, which is the value of Interface that is recorded on the company's balance sheet. Investors also form their own opinion of Interface's value that differs from its market value or its book value, called intrinsic value, which is Interface'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 Interface's market value can be influenced by many factors that don't directly affect Interface'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 Interface's value and its price as these two are different measures arrived at by different means. Investors typically determine if Interface is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Interface'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.