Bath Body Stock Forecast - Simple Regression
| BBWI Stock | USD 38.53 0.66 1.68% |
The Simple Regression forecasted value of Bath Body Works on the next trading day is expected to be 35.22 with a mean absolute deviation of 1.75 and the sum of the absolute errors of 108.51. Bath Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Bath Body's historical fundamentals, such as revenue growth or operating cash flow patterns.
Bath |
Bath Body Simple Regression Price Forecast For the 12th of December 2024
Given 90 days horizon, the Simple Regression forecasted value of Bath Body Works on the next trading day is expected to be 35.22 with a mean absolute deviation of 1.75, mean absolute percentage error of 4.18, and the sum of the absolute errors of 108.51.Please note that although there have been many attempts to predict Bath 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 Bath Body's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bath Body Stock Forecast Pattern
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Bath Body Forecasted Value
In the context of forecasting Bath Body'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. Bath Body's downside and upside margins for the forecasting period are 31.87 and 38.57, respectively. We have considered Bath Body'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.
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 Bath Body stock data series using in forecasting. Note that when a statistical model is used to represent Bath Body 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 | 121.3796 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.7501 |
| MAPE | Mean absolute percentage error | 0.0546 |
| SAE | Sum of the absolute errors | 108.5073 |
Predictive Modules for Bath Body
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bath Body Works. 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 Bath Body'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.
Other Forecasting Options for Bath Body
For every potential investor in Bath, whether a beginner or expert, Bath Body's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bath Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bath. Basic forecasting techniques help filter out the noise by identifying Bath Body's price trends.Bath Body 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 Bath Body stock to make a market-neutral strategy. Peer analysis of Bath Body could also be used in its relative valuation, which is a method of valuing Bath Body by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bath Body Works 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 Bath Body'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 Bath Body's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Volume Indicators |
Bath Body Market Strength Events
Market strength indicators help investors to evaluate how Bath Body stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bath Body shares will generate the highest return on investment. By undertsting and applying Bath Body stock market strength indicators, traders can identify Bath Body Works entry and exit signals to maximize returns.
| Accumulation Distribution | 131684.0 | |||
| Daily Balance Of Power | (0.55) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 38.88 | |||
| Day Typical Price | 38.76 | |||
| Price Action Indicator | (0.68) | |||
| Period Momentum Indicator | (0.66) |
Bath Body Risk Indicators
The analysis of Bath Body'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 Bath Body's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bath 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 | 2.2 | |||
| Semi Deviation | 1.82 | |||
| Standard Deviation | 3.3 | |||
| Variance | 10.89 | |||
| Downside Variance | 5.13 | |||
| Semi Variance | 3.31 | |||
| Expected Short fall | (2.58) |
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 Bath Body Works offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bath Body'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 Bath Body Works Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bath Body Works Stock:Check out Historical Fundamental Analysis of Bath Body to cross-verify your projections. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Other Specialty Retail 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 Bath Body. If investors know Bath 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 Bath Body 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 0.581 | Earnings Share 4.08 | Revenue Per Share 32.745 | Quarterly Revenue Growth (0.02) | Return On Assets 0.1585 |
The market value of Bath Body Works is measured differently than its book value, which is the value of Bath that is recorded on the company's balance sheet. Investors also form their own opinion of Bath Body's value that differs from its market value or its book value, called intrinsic value, which is Bath Body'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 Bath Body's market value can be influenced by many factors that don't directly affect Bath Body'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 Bath Body's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bath Body is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bath Body'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.