IPG Photonics Stock Forward View - Simple Regression

IPGP Stock  USD 116.61  1.11  0.96%   
This page provides Simple Regression reference data for IPG Photonics, calculated from historical daily prices. The forecast output and associated deviation metrics are shown for informational use.
The Simple Regression forecasted value of IPG Photonics on the next trading day is expected to be 137.79 with a mean absolute deviation of 9.81 and the sum of the absolute errors of 598.21.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 IPG Photonics historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. IPG Photonics's Simple Regression reference data is provided for informational and analytical purposes and does not constitute a trading recommendation.
Simple Regression model is a single variable regression model that attempts to put a straight line through IPG Photonics 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.

Simple Regression Price Forecast For the 19th of March

Given 90 days horizon, the Simple Regression forecasted value of IPG Photonics on the next trading day is expected to be 137.79 with a mean absolute deviation of 9.81 , mean absolute percentage error of 167.89 , and the sum of the absolute errors of 598.21 .
Please note that although there have been many attempts to predict IPG Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that IPG Photonics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Stock Forecast Pattern

Backtest IPG Photonics  IPG Photonics Price Prediction  Research Analysis  

Forecasted Value

The next-day forecast for IPG Photonics focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 132.01 and upside around 143.57 for the forecasting period.
Market Value
116.61
132.01
Downside
137.79
Expected Value
143.57
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 IPG Photonics stock data series using in forecasting. Note that when a statistical model is used to represent IPG Photonics 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 Criteria123.2338
BiasArithmetic mean of the errors None
MADMean absolute deviation9.8067
MAPEMean absolute percentage error0.0899
SAESum of the absolute errors598.2085
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 IPG Photonics historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Other Forecasting Options for IPG Photonics

The price movement of IPG is a central concern for all potential investors, regardless of their level of expertise. IPG Stock price charts can be difficult to interpret due to the noise present in the data.

IPG Photonics Related Equities

The following equities are related to IPG Photonics within the Information Technology space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing IPG Photonics against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
 Risk & Return  Correlation

IPG Photonics Market Strength Events

Market strength indicators applied to IPG Photonics stock help investors assess the relative momentum and resilience of the security in different market environments. By using these indicators, traders can make more informed decisions about when to buy or sell IPG Photonics.

IPG Photonics Risk Indicators

Risk indicator analysis for IPG Photonics is essential for accurately projecting its future price trajectory. By identifying the level of risk embedded in IPG Photonics' investment, investors can make informed decisions about position sizing and risk mitigation.
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.

Story Coverage note for IPG Photonics

Coverage intensity for IPG Photonics matters because narrative visibility can influence sentiment, participation, and volatility around the name. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.

IPG Photonics Short Properties

Short sentiment tied to IPG Photonics matters because heavier bearish pressure can change how quickly future price expectations become unstable. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
Common Stock Shares Outstanding42.6 M
Cash And Short Term Investments839.3 M

Additional Tools for IPG Stock Analysis

Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume