Yatharth Hospital Stock Forecast - Simple Regression

YATHARTH   594.65  4.55  0.76%   
The Simple Regression forecasted value of Yatharth Hospital Trauma on the next trading day is expected to be 649.80 with a mean absolute deviation of 28.73 and the sum of the absolute errors of 1,753. Yatharth Stock Forecast is based on your current time horizon.
  
At this time, Yatharth Hospital's Non Current Liabilities Total is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 724.9 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 3.1 B in 2024.
Simple Regression model is a single variable regression model that attempts to put a straight line through Yatharth Hospital 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.

Yatharth Hospital Simple Regression Price Forecast For the 30th of November

Given 90 days horizon, the Simple Regression forecasted value of Yatharth Hospital Trauma on the next trading day is expected to be 649.80 with a mean absolute deviation of 28.73, mean absolute percentage error of 1,099, and the sum of the absolute errors of 1,753.
Please note that although there have been many attempts to predict Yatharth 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 Yatharth Hospital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Yatharth Hospital Stock Forecast Pattern

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Yatharth Hospital Forecasted Value

In the context of forecasting Yatharth Hospital'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. Yatharth Hospital's downside and upside margins for the forecasting period are 647.03 and 652.56, respectively. We have considered Yatharth Hospital'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
594.65
647.03
Downside
649.80
Expected Value
652.56
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 Yatharth Hospital stock data series using in forecasting. Note that when a statistical model is used to represent Yatharth Hospital 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 Criteria125.1123
BiasArithmetic mean of the errors None
MADMean absolute deviation28.7312
MAPEMean absolute percentage error0.0473
SAESum of the absolute errors1752.6041
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 Yatharth Hospital Trauma 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 Yatharth Hospital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yatharth Hospital Trauma. 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
598.32601.09603.86
Details
Intrinsic
Valuation
LowRealHigh
500.81503.58659.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Yatharth Hospital. Your research has to be compared to or analyzed against Yatharth Hospital's peers to derive any actionable benefits. When done correctly, Yatharth Hospital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Yatharth Hospital Trauma.

Other Forecasting Options for Yatharth Hospital

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

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

Yatharth Hospital Trauma 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 Yatharth Hospital'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 Yatharth Hospital's current price.

Yatharth Hospital Market Strength Events

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

Yatharth Hospital Risk Indicators

The analysis of Yatharth Hospital'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 Yatharth Hospital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yatharth 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Yatharth Stock Analysis

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