TSS, Common Stock Forecast - Simple Regression

TSSI Stock  USD 10.19  0.49  5.05%   
The Simple Regression forecasted value of TSS, Common Stock on the next trading day is expected to be 9.42 with a mean absolute deviation of 0.67 and the sum of the absolute errors of 41.09. TSS, Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of TSS, Common's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, TSS, Common's Payables Turnover is decreasing as compared to previous years. The TSS, Common's current Asset Turnover is estimated to increase to 2.33, while Inventory Turnover is projected to decrease to 17.60. . The current Common Stock Shares Outstanding is estimated to decrease to about 20.6 M. The TSS, Common's current Net Loss is estimated to increase to about (1.1 M).
Simple Regression model is a single variable regression model that attempts to put a straight line through TSS, Common 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.

TSS, Common Simple Regression Price Forecast For the 30th of November

Given 90 days horizon, the Simple Regression forecasted value of TSS, Common Stock on the next trading day is expected to be 9.42 with a mean absolute deviation of 0.67, mean absolute percentage error of 0.84, and the sum of the absolute errors of 41.09.
Please note that although there have been many attempts to predict TSS, 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 TSS, Common's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

TSS, Common Stock Forecast Pattern

Backtest TSS, CommonTSS, Common Price PredictionBuy or Sell Advice 

TSS, Common Forecasted Value

In the context of forecasting TSS, Common'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. TSS, Common's downside and upside margins for the forecasting period are 2.47 and 16.38, respectively. We have considered TSS, Common'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
10.19
9.42
Expected Value
16.38
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 TSS, Common stock data series using in forecasting. Note that when a statistical model is used to represent TSS, Common 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 Criteria117.9378
BiasArithmetic mean of the errors None
MADMean absolute deviation0.6736
MAPEMean absolute percentage error0.0908
SAESum of the absolute errors41.0923
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 TSS, Common Stock 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 TSS, Common

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TSS, Common Stock. 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 TSS, Common's 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
3.1610.1117.06
Details
Intrinsic
Valuation
LowRealHigh
1.138.0815.03
Details
0 Analysts
Consensus
LowTargetHigh
6.377.007.77
Details

Other Forecasting Options for TSS, Common

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

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

TSS, Common Stock 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 TSS, Common'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 TSS, Common's current price.

TSS, Common Market Strength Events

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

TSS, Common Risk Indicators

The analysis of TSS, Common'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 TSS, Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tss, 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.

Currently Active Assets on Macroaxis

When determining whether TSS, Common Stock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TSS, Common's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tss, Common Stock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tss, Common Stock Stock:
Check out Historical Fundamental Analysis of TSS, Common to cross-verify your projections.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 TSS, Common. If investors know TSS, 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 TSS, Common 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
5
Earnings Share
0.17
Revenue Per Share
2.812
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0588
The market value of TSS, Common Stock is measured differently than its book value, which is the value of TSS, that is recorded on the company's balance sheet. Investors also form their own opinion of TSS, Common's value that differs from its market value or its book value, called intrinsic value, which is TSS, Common'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 TSS, Common's market value can be influenced by many factors that don't directly affect TSS, Common'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 TSS, Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if TSS, Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TSS, Common'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.