Kestra Medical Stock Forward View - Simple Regression
| KMTS Stock | 19.55 -0.04 -0.20% |
The Simple Regression forecast reference data for Kestra Medical Technologies is based on the equity's recent trading history. Forecast values and accuracy indicators are summarized on this page for reference. This reference information is provided for analytical context.
The Simple Regression forecasted value of Kestra Medical Technologies on the next trading day is expected to be 21.53 with a mean absolute deviation of 1.57 and the sum of the absolute errors of 95.85.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 Kestra Medical Technologies historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. The Simple Regression projections for Kestra Medical Technologies are reference data based on historical daily prices and are provided as informational context. Simple Regression Price Forecast For the 25th of March
Given 90 days horizon, the Simple Regression forecasted value of Kestra Medical Technologies on the next trading day is expected to be 21.53 with a mean absolute deviation of 1.57 , mean absolute percentage error of 3.82 , and the sum of the absolute errors of 95.85 .Please note that although there have been many attempts to predict Kestra 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 Kestra Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Kestra Medical | Kestra Medical Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Kestra Medical Technologies focuses on identifying predictive downside and upside bands that can frame a realistic trading range. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 Kestra Medical stock data series using in forecasting. Note that when a statistical model is used to represent Kestra Medical 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 | 119.4516 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.5712 |
| MAPE | Mean absolute percentage error | 0.0668 |
| SAE | Sum of the absolute errors | 95.8451 |
Other Forecasting Options for Kestra Medical
Volatility clustering is a well-documented feature of Kestra Stock price data where periods of large moves tend to follow other large moves. When Kestra Medical's RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in Kestra Medical's returns can persist when driven by structural factors like earnings calendars or index rebalancing.Kestra Medical Related Equities
Checking Kestra Medical against related firms within the Health Care space helps investors see where the stock stands among peers. Looking at Kestra Medical's pricing multiples next to these peers shows if the stock trades at a premium or discount. Peer review is most useful when paired with absolute pricing and trend checks.
| Risk & Return | Correlation |
Kestra Medical Market Strength Events
Analyzing market strength indicators for Kestra Medical enables investors to understand relative stock momentum. These tools help identify favorable windows for position changes in Kestra Medical Technologies. Market strength indicators support more precise timing of Kestra Medical Technologies positions across market cycles.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 19.55 | |||
| Day Typical Price | 19.55 | |||
| Price Action Indicator | -0.02 | |||
| Period Momentum Indicator | -0.04 | |||
| Relative Strength Index | 37.36 |
Kestra Medical Risk Indicators
Identifying and analyzing Kestra Medical's key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in Kestra Medical's and determining how best to manage it. Studying Kestra Medical's risk indicators helps investors understand the risk level of kestra stock.
| Mean Deviation | 2.67 | |||
| Standard Deviation | 3.69 | |||
| Variance | 13.64 |
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 Kestra Medical
Coverage intensity for Kestra Medical Technologies matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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Kestra Medical Short Properties
A short-interest review of Kestra Medical Technologies provides context for understanding whether skepticism in the market is becoming more influential. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 49.5 M | |
| Cash And Short Term Investments | 237.6 M |
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