PetVivo Holdings Pink Sheet Forward View - Simple Exponential Smoothing
| PETV Stock | USD 0.75 -0.04 -5.06% |
The Simple Exponential Smoothing forecast reference data for PetVivo Holdings 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 Exponential Smoothing forecasted value of PetVivo Holdings on the next trading day is expected to be 0.75 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.47.This simple exponential smoothing model begins by setting PetVivo Holdings forecast for the second period equal to the observation of the first period. In other words, recent PetVivo Holdings observations are given relatively more weight in forecasting than the older observations. The Simple Exponential Smoothing projections for PetVivo Holdings are reference data based on historical daily prices and are provided as informational context. Simple Exponential Smoothing Price Forecast For the 27th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of PetVivo Holdings on the next trading day is expected to be 0.75 with a mean absolute deviation of 0.02 , mean absolute percentage error of 0.0012 , and the sum of the absolute errors of 1.47 .Please note that although there have been many attempts to predict PetVivo Pink Sheet 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 PetVivo Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
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Forecasted Value
The next-day forecast for PetVivo Holdings focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 0.01 and upside around 4.32 for the forecasting period.
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 PetVivo Holdings pink sheet data series using in forecasting. Note that when a statistical model is used to represent PetVivo Holdings pink sheet, 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 | 109.5569 |
| Bias | Arithmetic mean of the errors | 0.0068 |
| MAD | Mean absolute deviation | 0.0245 |
| MAPE | Mean absolute percentage error | 0.0271 |
| SAE | Sum of the absolute errors | 1.47 |
Other Forecasting Options for PetVivo Holdings
Volatility clustering is a well-documented feature of PetVivo Pink Sheet price data where periods of large moves tend to follow other large moves. When PetVivo Holdings' RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in PetVivo Holdings' returns can persist when driven by structural factors like earnings calendars or index rebalancing.PetVivo Holdings Related Equities
Investors studying PetVivo Holdings often look at related stocks within the Health Care space to gauge pricing and results. Return on equity across these peers shows how well each firm turns capital into profit. Falling behind peers on key ratios may signal headwinds or execution issues worth looking into.
| Risk & Return | Correlation |
PetVivo Holdings Market Strength Events
Analyzing market strength indicators for PetVivo Holdings enables investors to understand relative pink sheet momentum. These tools help identify favorable windows for position changes in PetVivo Holdings. Market strength indicators support more precise timing of PetVivo Holdings positions across market cycles.
PetVivo Holdings Risk Indicators
Identifying and analyzing PetVivo Holdings' key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in PetVivo Holdings' and determining how best to manage it. Studying PetVivo Holdings' risk indicators helps investors understand the risk level of petvivo pink sheet.
| Mean Deviation | 2.9 | |||
| Standard Deviation | 3.82 | |||
| Variance | 14.62 |
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 PetVivo Holdings
Story coverage around PetVivo Holdings often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
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PetVivo Holdings Short Properties
Reviewing short-oriented indicators for PetVivo Holdings is useful because long and short participants often create very different signals for timing and volatility. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 20.5 M | |
| Cash And Short Term Investments | 377.7 K |
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