ReWalk Robotics Stock Forward View - Double Exponential Smoothing
| LFWD Stock | 6.74 -0.08 -1.17% |
ReWalk Robotics's Double Exponential Smoothing reference data is presented on this page, derived from the application of the forecasting model to historical closing prices. Projected values and accuracy measures are included for reference.
The Double Exponential Smoothing forecasted value of ReWalk Robotics on the next trading day is expected to be 6.72 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.00.When ReWalk Robotics prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any ReWalk Robotics trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent ReWalk Robotics observations are given relatively more weight in forecasting than the older observations. The Double Exponential Smoothing reference information for ReWalk Robotics is based on available price data and is intended for informational purposes. Double Exponential Smoothing Price Forecast For the 23rd of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of ReWalk Robotics on the next trading day is expected to be 6.72 with a mean absolute deviation of 0.31 , mean absolute percentage error of 0.17 , and the sum of the absolute errors of 18.00 .Please note that although there have been many attempts to predict ReWalk 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 ReWalk Robotics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest ReWalk Robotics | ReWalk Robotics Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for ReWalk Robotics 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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of ReWalk Robotics stock data series using in forecasting. Note that when a statistical model is used to represent ReWalk Robotics 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0676 |
| MAD | Mean absolute deviation | 0.3051 |
| MAPE | Mean absolute percentage error | 0.045 |
| SAE | Sum of the absolute errors | 18.0012 |
Other Forecasting Options for ReWalk Robotics
For any investor considering ReWalk, ReWalk Robotics' price movement is the central factor in determining investment viability. The noise present in ReWalk Stock price charts can distort investment decisions if not properly addressed.ReWalk Robotics Related Equities
The following equities are related to ReWalk Robotics within the Health Care space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing ReWalk Robotics 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 |
ReWalk Robotics Market Strength Events
Market strength indicators for ReWalk Robotics stock help investors evaluate the security's behavior relative to ongoing market conditions. These tools support better market timing and help identify entry and exit signals for ReWalk Robotics.
ReWalk Robotics Risk Indicators
The analysis of ReWalk Robotics' basic risk indicators is a key input for accurate price forecasting and sound investment decisions. Understanding the risk in ReWalk Robotics' investment allows investors to make informed choices about accepting or mitigating that exposure.
| Mean Deviation | 4.34 | |||
| Semi Deviation | 5.33 | |||
| Standard Deviation | 5.96 | |||
| Variance | 35.5 | |||
| Downside Variance | 31.03 | |||
| Semi Variance | 28.42 | |||
| Expected Short fall | -4.96 |
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 ReWalk Robotics
Story coverage around ReWalk Robotics often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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ReWalk Robotics Short Properties
Short-interest signals around ReWalk Robotics 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 | 11.6 M | |
| Cash And Short Term Investments | 2.2 M |