Netstreit Corp Stock Forecast - 8 Period Moving Average

NTST Stock  USD 16.49  0.13  0.79%   
The 8 Period Moving Average forecasted value of Netstreit Corp on the next trading day is expected to be 16.40 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 21.60. Netstreit Stock Forecast is based on your current time horizon.
  
At this time, Netstreit Corp's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 4.93 in 2024, whereas Receivables Turnover is likely to drop 0.87 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 9.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 41 M in 2024.

Open Interest Against 2024-10-18 Netstreit Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Netstreit Corp'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 Netstreit Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Netstreit Corp 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 Netstreit Corp's open interest, investors have to compare it to Netstreit Corp'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 Netstreit Corp 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 Netstreit. 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 Netstreit Corp 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 Netstreit Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Netstreit Corp's price structures and extracts relationships that further increase the accuracy of the generated results. An 8-period moving average forecast model for Netstreit Corp is based on an artificially constructed time series of Netstreit Corp daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Netstreit Corp 8 Period Moving Average Price Forecast For the 28th of September

Given 90 days horizon, the 8 Period Moving Average forecasted value of Netstreit Corp on the next trading day is expected to be 16.40 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.24, and the sum of the absolute errors of 21.60.
Please note that although there have been many attempts to predict Netstreit 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 Netstreit Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Netstreit Corp Stock Forecast Pattern

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Netstreit Corp Forecasted Value

In the context of forecasting Netstreit Corp'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. Netstreit Corp's downside and upside margins for the forecasting period are 15.13 and 17.67, respectively. We have considered Netstreit Corp'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
16.49
16.40
Expected Value
17.67
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Netstreit Corp stock data series using in forecasting. Note that when a statistical model is used to represent Netstreit Corp 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 Criteria101.9889
BiasArithmetic mean of the errors -0.0163
MADMean absolute deviation0.4075
MAPEMean absolute percentage error0.025
SAESum of the absolute errors21.595
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Netstreit Corp 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Netstreit Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Netstreit Corp. 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 Netstreit Corp'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
15.2916.5717.85
Details
Intrinsic
Valuation
LowRealHigh
16.2817.5618.84
Details
14 Analysts
Consensus
LowTargetHigh
17.0618.7520.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.060.07
Details

Other Forecasting Options for Netstreit Corp

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

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

Netstreit Corp 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 Netstreit Corp'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 Netstreit Corp's current price.

Netstreit Corp Market Strength Events

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

Netstreit Corp Risk Indicators

The analysis of Netstreit Corp'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 Netstreit Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting netstreit 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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Netstreit Stock Analysis

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