Emerson Radio Stock Forecast - Simple Regression

MSN Stock  USD 0.42  0.01  2.33%   
The Simple Regression forecasted value of Emerson Radio on the next trading day is expected to be 0.41 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.95. Emerson Stock Forecast is based on your current time horizon. Although Emerson Radio's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Emerson Radio's systematic risk associated with finding meaningful patterns of Emerson Radio fundamentals over time.
  
As of the 24th of December 2024, Inventory Turnover is likely to drop to 1.03. In addition to that, Payables Turnover is likely to drop to 6.16. As of the 24th of December 2024, Common Stock Shares Outstanding is likely to grow to about 24.8 M, though Net Loss is likely to grow to (1.2 M).
Simple Regression model is a single variable regression model that attempts to put a straight line through Emerson Radio 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.

Emerson Radio Simple Regression Price Forecast For the 25th of December

Given 90 days horizon, the Simple Regression forecasted value of Emerson Radio on the next trading day is expected to be 0.41 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.95.
Please note that although there have been many attempts to predict Emerson 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 Emerson Radio's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Emerson Radio Stock Forecast Pattern

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Emerson Radio Forecasted Value

In the context of forecasting Emerson Radio'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. Emerson Radio's downside and upside margins for the forecasting period are 0 and 3.10, respectively. We have considered Emerson Radio'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
0.42
0.41
Expected Value
3.10
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 Emerson Radio stock data series using in forecasting. Note that when a statistical model is used to represent Emerson Radio 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 Criteria112.0266
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0153
MAPEMean absolute percentage error0.0321
SAESum of the absolute errors0.9481
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 Emerson Radio 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 Emerson Radio

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Emerson Radio. 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 Emerson Radio'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
0.020.433.12
Details
Intrinsic
Valuation
LowRealHigh
0.020.373.06
Details

Other Forecasting Options for Emerson Radio

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

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

Emerson Radio 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 Emerson Radio'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 Emerson Radio's current price.

Emerson Radio Market Strength Events

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

Emerson Radio Risk Indicators

The analysis of Emerson Radio'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 Emerson Radio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting emerson 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.

Pair Trading with Emerson Radio

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Emerson Radio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Emerson Radio will appreciate offsetting losses from the drop in the long position's value.

Moving against Emerson Stock

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  0.74ESCA Escalade IncorporatedPairCorr
The ability to find closely correlated positions to Emerson Radio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emerson Radio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Emerson Radio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Emerson Radio to buy it.
The correlation of Emerson Radio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Emerson Radio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emerson Radio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Emerson Radio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Emerson Radio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Emerson Radio'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 Emerson Radio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Emerson Radio Stock:
Check out Historical Fundamental Analysis of Emerson Radio to cross-verify your projections.
To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Radio guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Consumer Electronics 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 Emerson Radio. If investors know Emerson 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 Emerson Radio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
0.45
Quarterly Revenue Growth
0.215
Return On Assets
(0.08)
Return On Equity
0.0147
The market value of Emerson Radio is measured differently than its book value, which is the value of Emerson that is recorded on the company's balance sheet. Investors also form their own opinion of Emerson Radio's value that differs from its market value or its book value, called intrinsic value, which is Emerson Radio'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 Emerson Radio's market value can be influenced by many factors that don't directly affect Emerson Radio'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 Emerson Radio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emerson Radio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerson Radio'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.