Virtus Investment Stock Forecast - Polynomial Regression

VRTS Stock  USD 223.50  3.12  1.42%   
The Polynomial Regression forecasted value of Virtus Investment Partners, on the next trading day is expected to be 212.08 with a mean absolute deviation of 4.44 and the sum of the absolute errors of 275.33. Virtus Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to gain to 1.79 in 2024, whereas Payables Turnover is likely to drop 10.26 in 2024. . Common Stock Shares Outstanding is likely to gain to about 13.2 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 86.7 M in 2024.
Virtus Investment polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Virtus Investment Partners, as well as the accuracy indicators are determined from the period prices.

Virtus Investment Polynomial Regression Price Forecast For the 26th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Virtus Investment Partners, on the next trading day is expected to be 212.08 with a mean absolute deviation of 4.44, mean absolute percentage error of 30.68, and the sum of the absolute errors of 275.33.
Please note that although there have been many attempts to predict Virtus 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 Virtus Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Virtus Investment Stock Forecast Pattern

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Virtus Investment Forecasted Value

In the context of forecasting Virtus Investment'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. Virtus Investment's downside and upside margins for the forecasting period are 210.01 and 214.15, respectively. We have considered Virtus Investment'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
223.50
210.01
Downside
212.08
Expected Value
214.15
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Virtus Investment stock data series using in forecasting. Note that when a statistical model is used to represent Virtus Investment 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 Criteria123.372
BiasArithmetic mean of the errors None
MADMean absolute deviation4.4409
MAPEMean absolute percentage error0.0198
SAESum of the absolute errors275.3329
A single variable polynomial regression model attempts to put a curve through the Virtus Investment historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Virtus Investment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtus Investment. 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 Virtus Investment'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
221.66223.73225.80
Details
Intrinsic
Valuation
LowRealHigh
191.86193.93245.85
Details
4 Analysts
Consensus
LowTargetHigh
148.33163.00180.93
Details
Earnings
Estimates (0)
LowProjected EPSHigh
6.556.626.72
Details

Other Forecasting Options for Virtus Investment

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

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

Virtus Investment 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 Virtus Investment'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 Virtus Investment's current price.

Virtus Investment Market Strength Events

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

Virtus Investment Risk Indicators

The analysis of Virtus Investment'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 Virtus Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virtus 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Virtus Stock Analysis

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