Theravance Biopharma Stock Forecast - Polynomial Regression
| TBPH Stock | USD 9.46 0.09 0.96% |
The Polynomial Regression forecasted value of Theravance Biopharma on the next trading day is expected to be 9.22 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.60. Theravance Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Theravance Biopharma stock prices and determine the direction of Theravance Biopharma's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Theravance Biopharma's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Theravance Biopharma's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Theravance Biopharma's systematic risk associated with finding meaningful patterns of Theravance Biopharma fundamentals over time.
Check out Historical Fundamental Analysis of Theravance Biopharma to cross-verify your projections. Theravance |
Open Interest Against 2024-05-17 Theravance Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Theravance Biopharma's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Theravance Biopharma's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Theravance Biopharma stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Theravance Biopharma's open interest, investors have to compare it to Theravance Biopharma's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Theravance Biopharma is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Theravance. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Theravance Biopharma cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Theravance Biopharma's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Theravance Biopharma's price structures and extracts relationships that further increase the generated results' accuracy.
Theravance Biopharma polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Theravance Biopharma as well as the accuracy indicators are determined from the period prices. Theravance Biopharma Polynomial Regression Price Forecast For the 5th of May
Given 90 days horizon, the Polynomial Regression forecasted value of Theravance Biopharma on the next trading day is expected to be 9.22 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.10, and the sum of the absolute errors of 15.60.Please note that although there have been many attempts to predict Theravance 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 Theravance Biopharma's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Theravance Biopharma Stock Forecast Pattern
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Theravance Biopharma Forecasted Value
In the context of forecasting Theravance Biopharma'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. Theravance Biopharma's downside and upside margins for the forecasting period are 6.57 and 11.88, respectively. We have considered Theravance Biopharma'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Theravance Biopharma stock data series using in forecasting. Note that when a statistical model is used to represent Theravance Biopharma 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 | 115.832 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2557 |
| MAPE | Mean absolute percentage error | 0.0282 |
| SAE | Sum of the absolute errors | 15.5951 |
Predictive Modules for Theravance Biopharma
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Theravance Biopharma. 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 Theravance Biopharma'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 Theravance Biopharma
For every potential investor in Theravance, whether a beginner or expert, Theravance Biopharma's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Theravance Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Theravance. Basic forecasting techniques help filter out the noise by identifying Theravance Biopharma's price trends.Theravance Biopharma 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 Theravance Biopharma stock to make a market-neutral strategy. Peer analysis of Theravance Biopharma could also be used in its relative valuation, which is a method of valuing Theravance Biopharma by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Theravance Biopharma 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 Theravance Biopharma'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 Theravance Biopharma's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Theravance Biopharma Market Strength Events
Market strength indicators help investors to evaluate how Theravance Biopharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Theravance Biopharma shares will generate the highest return on investment. By undertsting and applying Theravance Biopharma stock market strength indicators, traders can identify Theravance Biopharma entry and exit signals to maximize returns.
Theravance Biopharma Risk Indicators
The analysis of Theravance Biopharma'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 Theravance Biopharma's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting theravance 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 | 2.02 | |||
| Semi Deviation | 2.53 | |||
| Standard Deviation | 2.67 | |||
| Variance | 7.15 | |||
| Downside Variance | 6.85 | |||
| Semi Variance | 6.42 | |||
| Expected Short fall | (2.18) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Theravance Biopharma in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Theravance Biopharma's short interest history, or implied volatility extrapolated from Theravance Biopharma options trading.
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Check out Historical Fundamental Analysis of Theravance Biopharma to cross-verify your projections. For more detail on how to invest in Theravance Stock please use our How to Invest in Theravance Biopharma guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Theravance Stock analysis
When running Theravance Biopharma's price analysis, check to measure Theravance Biopharma'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 Theravance Biopharma is operating at the current time. Most of Theravance Biopharma's value examination focuses on studying past and present price action to predict the probability of Theravance Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Theravance Biopharma's price. Additionally, you may evaluate how the addition of Theravance Biopharma to your portfolios can decrease your overall portfolio volatility.
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Is Theravance Biopharma's industry 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 Theravance Biopharma. If investors know Theravance 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 Theravance Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Revenue Per Share 1.038 | Quarterly Revenue Growth 0.199 | Return On Assets (0.07) | Return On Equity (0.17) |
The market value of Theravance Biopharma is measured differently than its book value, which is the value of Theravance that is recorded on the company's balance sheet. Investors also form their own opinion of Theravance Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Theravance Biopharma'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 Theravance Biopharma's market value can be influenced by many factors that don't directly affect Theravance Biopharma'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 Theravance Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Theravance Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Theravance Biopharma'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.