CVRx Stock Forward View - Simple Exponential Smoothing
| CVRX Stock | USD 8.50 0.17 2.04% |
The reference data on this page reflects Simple Exponential Smoothing output applied to CVRx Inc's historical daily closing prices. Forecast values and accuracy statistics are presented for informational purposes.
The Simple Exponential Smoothing forecasted value of CVRx Inc on the next trading day is expected to be 8.50 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.38.This simple exponential smoothing model begins by setting CVRx Inc forecast for the second period equal to the observation of the first period. In other words, recent CVRx observations are given relatively more weight in forecasting than the older observations. The forecast reference data presented here for CVRx Inc reflects Simple Exponential Smoothing model output and is intended as reference material for analytical use. Simple Exponential Smoothing Price Forecast For the 19th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of CVRx Inc on the next trading day is expected to be 8.50 with a mean absolute deviation of 0.31 , mean absolute percentage error of 0.15 , and the sum of the absolute errors of 18.38 .Please note that although there have been many attempts to predict CVRx 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 CVRx's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest CVRx | CVRx Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for CVRx Inc 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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of CVRx stock data series using in forecasting. Note that when a statistical model is used to represent CVRx 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 | 114.3815 |
| Bias | Arithmetic mean of the errors | -0.0097 |
| MAD | Mean absolute deviation | 0.3063 |
| MAPE | Mean absolute percentage error | 0.0454 |
| SAE | Sum of the absolute errors | 18.38 |
Other Forecasting Options for CVRx
Understanding CVRx's price movement is a prerequisite for any investor considering CVRx as a position. CVRx Stock price charts are frequently cluttered with noise that can interfere with accurate interpretation.CVRx Related Equities
The following equities are related to CVRx within the Health Care space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing CVRx 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 |
CVRx Market Strength Events
For traders and investors in CVRx Inc, market strength indicators offer a quantitative framework for evaluating the stock's responsiveness to market conditions. These tools help identify when trading CVRx shares is most likely to generate favorable returns.
CVRx Risk Indicators
Analyzing CVRx's risk indicators provides a critical input for price forecasting and investment risk management. By quantifying the risk in CVRx's investment, investors can make more informed decisions about their exposure and hedging strategies.
| Mean Deviation | 4.26 | |||
| Semi Deviation | 5.34 | |||
| Standard Deviation | 5.7 | |||
| Variance | 32.48 | |||
| Downside Variance | 31.34 | |||
| Semi Variance | 28.51 | |||
| Expected Short fall | -4.82 |
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 CVRx
Story coverage around CVRx Inc often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage helps investors separate durable relevance from temporary noise.
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CVRx Short Properties
Short-interest signals around CVRx Inc can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. 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 | 26.1 M | |
| Cash And Short Term Investments | 75.7 M |