Keros Therapeutics Stock Forecast - Simple Regression

KROS Stock  USD 57.74  0.81  1.38%   
The Simple Regression forecasted value of Keros Therapeutics on the next trading day is expected to be 60.79 with a mean absolute deviation of 2.56 and the sum of the absolute errors of 155.88. Keros Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to gain to -2.1 in 2024. Payables Turnover is likely to drop to 0.14 in 2024. Common Stock Shares Outstanding is likely to drop to about 20.4 M in 2024. Net Loss is likely to gain to about (89.5 M) in 2024.
Simple Regression model is a single variable regression model that attempts to put a straight line through Keros Therapeutics 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.

Keros Therapeutics Simple Regression Price Forecast For the 30th of November

Given 90 days horizon, the Simple Regression forecasted value of Keros Therapeutics on the next trading day is expected to be 60.79 with a mean absolute deviation of 2.56, mean absolute percentage error of 10.88, and the sum of the absolute errors of 155.88.
Please note that although there have been many attempts to predict Keros 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 Keros Therapeutics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Keros Therapeutics Stock Forecast Pattern

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Keros Therapeutics Forecasted Value

In the context of forecasting Keros Therapeutics' 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. Keros Therapeutics' downside and upside margins for the forecasting period are 58.05 and 63.53, respectively. We have considered Keros Therapeutics' 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
57.74
60.79
Expected Value
63.53
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 Keros Therapeutics stock data series using in forecasting. Note that when a statistical model is used to represent Keros Therapeutics 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 Criteria120.4971
BiasArithmetic mean of the errors None
MADMean absolute deviation2.5554
MAPEMean absolute percentage error0.0432
SAESum of the absolute errors155.877
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 Keros Therapeutics 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 Keros Therapeutics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Keros Therapeutics. 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
55.5158.2761.03
Details
Intrinsic
Valuation
LowRealHigh
52.7074.1276.88
Details
14 Analysts
Consensus
LowTargetHigh
80.8688.8698.63
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-1.67-1.47-1.04
Details

Other Forecasting Options for Keros Therapeutics

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

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 Risk & Return  Correlation

Keros Therapeutics 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 Keros Therapeutics' 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 Keros Therapeutics' current price.

Keros Therapeutics Market Strength Events

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

Keros Therapeutics Risk Indicators

The analysis of Keros Therapeutics' 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 Keros Therapeutics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting keros 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

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Additional Tools for Keros Stock Analysis

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