Docebo Stock Forward View - Simple Moving Average
| DCBO Stock | USD 18.54 -1.04 -5.31% |
Docebo's Simple Moving Average reference data reflects the model's output when applied to available daily price observations. This page summarizes the model output and key accuracy metrics for reference. The projected value and error metrics are calculated from available daily price observations.
The Simple Moving Average forecasted value of Docebo Inc on the next trading day is expected to be 19.06 with a mean absolute deviation of 0.55 and the sum of the absolute errors of 32.25.The simple moving average model is conceptually a linear regression of the current value of Docebo Inc price series against current and previous (unobserved) value of Docebo. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future The Simple Moving Average reference values for Docebo are derived from publicly available price data and should be used for informational purposes only. Simple Moving Average Price Forecast For the 25th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Docebo Inc on the next trading day is expected to be 19.06 with a mean absolute deviation of 0.55 , mean absolute percentage error of 0.68 , and the sum of the absolute errors of 32.25 .Please note that although there have been many attempts to predict Docebo 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 Docebo's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
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Forecasted Value
For the next trading day, Macroaxis evaluates Docebo's predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 14.76 on the downside to about 23.36 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Docebo stock data series using in forecasting. Note that when a statistical model is used to represent Docebo 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 | 114.0528 |
| Bias | Arithmetic mean of the errors | 0.0826 |
| MAD | Mean absolute deviation | 0.5465 |
| MAPE | Mean absolute percentage error | 0.0285 |
| SAE | Sum of the absolute errors | 32.245 |
Other Forecasting Options for Docebo
Relative Strength Index values for Docebo measure the speed and magnitude of recent price changes. Recognizing these clusters in Docebo's returns helps calibrate position size and stop-loss levels. Candlestick pattern analysis of Docebo Stock daily data can reveal short-term reversal or continuation signals.Docebo Related Equities
These stocks are related to Docebo within the Information Technology space and can be used for peer review, pricing, or spreading risk. Looking at Docebo's pricing multiples next to these peers shows if the stock trades at a premium or discount.
| Risk & Return | Correlation |
Docebo Market Strength Events
Market strength indicators provide a structured view of how Docebo stock is positioned relative to trends. These indicators are valuable tools for identifying when to enter or exit positions in Docebo Inc. These signals help validate or refine position timing for Docebo.
Docebo Risk Indicators
The analysis of Docebo's risk metrics is one of the most important steps in projecting its future price. This process quantifies the risk associated with Docebo's and helps determine how to manage it. A structured analysis of Docebo's risk indicators is one of the most reliable ways to improve forecast accuracy.
| Mean Deviation | 2.39 | |||
| Standard Deviation | 4.1 | |||
| Variance | 16.8 |
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 Docebo
A coverage review of Docebo Inc shows when the security is attracting above-average attention from contributors and market observers. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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Docebo Short Properties
Short sentiment tied to Docebo Inc 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 Outstanding | 29.4 M | |
| Cash And Short Term Investments | 73.9 M |