QIPT:TSXV Stock Forecast: A Sell For The Next 6 Month

Outlook: Quipt Home Medical Corp. is assigned short-term Ba1 & long-term Ba1 estimated rating.
Dominant Strategy : Sell
Time series to forecast n: 06 Jun 2023 for 6 Month
Methodology : Supervised Machine Learning (ML)

Abstract

Quipt Home Medical Corp. prediction model is evaluated with Supervised Machine Learning (ML) and Wilcoxon Rank-Sum Test^1,2,3,4 and it is concluded that the QIPT:TSXV stock is predictable in the short/long term. According to price forecasts for 6 Month period, the dominant strategy among neural network is: Sell

Key Points

1. What are main components of Markov decision process?
2. How do you know when a stock will go up or down?
3. Should I buy stocks now or wait amid such uncertainty?

QIPT:TSXV Target Price Prediction Modeling Methodology

We consider Quipt Home Medical Corp. Decision Process with Supervised Machine Learning (ML) where A is the set of discrete actions of QIPT:TSXV stock holders, F is the set of discrete states, P : S × F × S → R is the transition probability distribution, R : S × F → R is the reaction function, and γ ∈ [0, 1] is a move factor for expectation.^1,2,3,4

F(Wilcoxon Rank-Sum Test)^5,6,7= $\begin{array}{cccc}{p}_{\mathrm{a}1}& p_{\mathrm{a}2}& \dots & p_{1n}\\ & ⋮\\ p_{j1}& p_{j2}& \dots & p_{jn}\\ & ⋮\\ p_{k1}& p_{k2}& \dots & p_{kn}\\ & ⋮\\ p_{n1}& p_{n2}& \dots & p_{nn}\end{array}$ X R(Supervised Machine Learning (ML)) X S(n):→ 6 Month $\begin{array}{l}\int e^x\mathrm{rx}\end{array}$

n:Time series to forecast

p:Price signals of QIPT:TSXV stock

j:Nash equilibria (Neural Network)

k:Dominated move

a:Best response for target price

 

For further technical information as per how our model work we invite you to visit the article below: 

How do AC Investment Research machine learning (predictive) algorithms actually work?

QIPT:TSXV Stock Forecast (Buy or Sell) for 6 Month

Sample Set: Neural Network
Stock/Index: QIPT:TSXV Quipt Home Medical Corp.
Time series to forecast n: 06 Jun 2023 for 6 Month

According to price forecasts for 6 Month period, the dominant strategy among neural network is: Sell

X axis: *Likelihood% (The higher the percentage value, the more likely the event will occur.)

Y axis: *Potential Impact% (The higher the percentage value, the more likely the price will deviate.)

Z axis (Grey to Black): *Technical Analysis%

IFRS Reconciliation Adjustments for Quipt Home Medical Corp.

1. An entity shall apply the amendments to IFRS 9 made by IFRS 17 as amended in June 2020 retrospectively in accordance with IAS 8, except as specified in paragraphs 7.2.37–7.2.42.
2. An alternative benchmark rate designated as a non-contractually specified risk component that is not separately identifiable (see paragraphs 6.3.7(a) and B6.3.8) at the date it is designated shall be deemed to have met that requirement at that date, if, and only if, the entity reasonably expects the alternative benchmark rate will be separately identifiable within 24 months. The 24-month period applies to each alternative benchmark rate separately and starts from the date the entity designates the alternative benchmark rate as a non-contractually specified risk component for the first time (ie the 24- month period applies on a rate-by-rate basis).
3. If there is a hedging relationship between a non-derivative monetary asset and a non-derivative monetary liability, changes in the foreign currency component of those financial instruments are presented in profit or loss.
4. When an entity separates the foreign currency basis spread from a financial instrument and excludes it from the designation of that financial instrument as the hedging instrument (see paragraph 6.2.4(b)), the application guidance in paragraphs B6.5.34–B6.5.38 applies to the foreign currency basis spread in the same manner as it is applied to the forward element of a forward contract.

*International Financial Reporting Standards (IFRS) adjustment process involves reviewing the company's financial statements and identifying any differences between the company's current accounting practices and the requirements of the IFRS. If there are any such differences, neural network makes adjustments to financial statements to bring them into compliance with the IFRS.

Conclusions

Quipt Home Medical Corp. is assigned short-term Ba1 & long-term Ba1 estimated rating. Quipt Home Medical Corp. prediction model is evaluated with Supervised Machine Learning (ML) and Wilcoxon Rank-Sum Test^1,2,3,4 and it is concluded that the QIPT:TSXV stock is predictable in the short/long term. According to price forecasts for 6 Month period, the dominant strategy among neural network is: Sell

QIPT:TSXV Quipt Home Medical Corp. Financial Analysis*

Rating	Short-Term	Long-Term Senior
Outlook*	Ba1	Ba1
Income Statement	Baa2	Baa2
Balance Sheet	C	Caa2
Leverage Ratios	Ba1	Caa2
Cash Flow	B1	Baa2
Rates of Return and Profitability	C	Caa2

*Financial analysis is the process of evaluating a company's financial performance and position by neural network. It involves reviewing the company's financial statements, including the balance sheet, income statement, and cash flow statement, as well as other financial reports and documents.
How does neural network examine financial reports and understand financial state of the company?

Prediction Confidence Score

Trust metric by Neural Network: 74 out of 100 with 488 signals.

References

1. Bai J, Ng S. 2002. Determining the number of factors in approximate factor models. Econometrica 70:191–221
2. D. White. Mean, variance, and probabilistic criteria in finite Markov decision processes: A review. Journal of Optimization Theory and Applications, 56(1):1–29, 1988.
3. Athey S, Mobius MM, Pál J. 2017c. The impact of aggregators on internet news consumption. Unpublished manuscript, Grad. School Bus., Stanford Univ., Stanford, CA
4. D. Bertsekas. Dynamic programming and optimal control. Athena Scientific, 1995.
5. Bessler, D. A. R. A. Babula, (1987), "Forecasting wheat exports: Do exchange rates matter?" Journal of Business and Economic Statistics, 5, 397–406.
6. Burgess, D. F. (1975), "Duality theory and pitfalls in the specification of technologies," Journal of Econometrics, 3, 105–121.
7. S. Bhatnagar. An actor-critic algorithm with function approximation for discounted cost constrained Markov decision processes. Systems & Control Letters, 59(12):760–766, 2010

Frequently Asked Questions

Q: What is the prediction methodology for QIPT:TSXV stock?
A: QIPT:TSXV stock prediction methodology: We evaluate the prediction models Supervised Machine Learning (ML) and Wilcoxon Rank-Sum Test
Q: Is QIPT:TSXV stock a buy or sell?
A: The dominant strategy among neural network is to Sell QIPT:TSXV Stock.
Q: Is Quipt Home Medical Corp. stock a good investment?
A: The consensus rating for Quipt Home Medical Corp. is Sell and is assigned short-term Ba1 & long-term Ba1 estimated rating.
Q: What is the consensus rating of QIPT:TSXV stock?
A: The consensus rating for QIPT:TSXV is Sell.
Q: What is the prediction period for QIPT:TSXV stock?
A: The prediction period for QIPT:TSXV is 6 Month

People also ask

⚐ What are the top stocks to invest in right now?
☵ What happens to stocks when they're delisted?