Pexip Holding Stock Forecast - Simple Exponential Smoothing
| PEXIP Stock | NOK 77.20 1.60 2.03% |
Pexip Stock outlook is based on your current time horizon.
As of now, The value of RSI of Pexip Holding's share price is at 58 indicating that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Pexip Holding, making its price go up or down. Momentum 58
Buy Extended
Oversold | Overbought |
Using Pexip Holding hype-based prediction, you can estimate the value of Pexip Holding ASA from the perspective of Pexip Holding response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Pexip Holding ASA on the next trading day is expected to be 77.20 with a mean absolute deviation of 1.22 and the sum of the absolute errors of 74.40. Pexip Holding after-hype prediction price | NOK 77.2 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Pexip |
Pexip Holding Additional Predictive Modules
Most predictive techniques to examine Pexip price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pexip using various technical indicators. When you analyze Pexip charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pexip Holding Simple Exponential Smoothing Price Forecast For the 30th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Pexip Holding ASA on the next trading day is expected to be 77.20 with a mean absolute deviation of 1.22, mean absolute percentage error of 3.20, and the sum of the absolute errors of 74.40.Please note that although there have been many attempts to predict Pexip Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Pexip Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pexip Holding Stock Forecast Pattern
| Backtest Pexip Holding | Pexip Holding Price Prediction | Buy or Sell Advice |
Pexip Holding Forecasted Value
In the context of forecasting Pexip Holding's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Pexip Holding's downside and upside margins for the forecasting period are 74.42 and 79.98, respectively. We have considered Pexip Holding's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
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 Pexip Holding stock data series using in forecasting. Note that when a statistical model is used to represent Pexip Holding 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 | 119.274 |
| Bias | Arithmetic mean of the errors | -0.2328 |
| MAD | Mean absolute deviation | 1.2197 |
| MAPE | Mean absolute percentage error | 0.0178 |
| SAE | Sum of the absolute errors | 74.4 |
Predictive Modules for Pexip Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pexip Holding ASA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Pexip Holding After-Hype Price Density Analysis
As far as predicting the price of Pexip Holding at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Pexip Holding or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Pexip Holding, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Pexip Holding Estimiated After-Hype Price Volatility
In the context of predicting Pexip Holding's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Pexip Holding's historical news coverage. Pexip Holding's after-hype downside and upside margins for the prediction period are 74.42 and 79.98, respectively. We have considered Pexip Holding's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Pexip Holding is very steady at this time. Analysis and calculation of next after-hype price of Pexip Holding ASA is based on 3 months time horizon.
Pexip Holding Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Pexip Holding is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pexip Holding backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Pexip Holding, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.40 | 2.78 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
77.20 | 77.20 | 0.00 |
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Pexip Holding Hype Timeline
Pexip Holding ASA is at this time traded for 77.20on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Pexip is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at 0.4%. %. The volatility of related hype on Pexip Holding is about 0.0%, with the expected price after the next announcement by competition of 77.20. About 31.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.83. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Pexip Holding ASA recorded a loss per share of 1.6. The entity had not issued any dividends in recent years. Assuming the 90 days trading horizon the next estimated press release will be within a week. Check out Historical Fundamental Analysis of Pexip Holding to cross-verify your projections.Pexip Holding Related Hype Analysis
Having access to credible news sources related to Pexip Holding's direct competition is more important than ever and may enhance your ability to predict Pexip Holding's future price movements. Getting to know how Pexip Holding's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Pexip Holding may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BOUV | Bouvet | 0.00 | 0 per month | 0.00 | (0.15) | 1.89 | (2.34) | 9.65 | |
| SMCRT | SmartCraft ASA | 0.00 | 0 per month | 0.00 | (0.09) | 3.77 | (3.66) | 8.32 | |
| SMOP | Smartoptics Group AS | 0.00 | 0 per month | 2.30 | 0.11 | 5.21 | (4.32) | 31.93 | |
| TECH | Techstep ASA | 0.00 | 0 per month | 0.00 | (0.04) | 3.85 | (3.70) | 11.07 | |
| NAPA | Napatech AS | 0.00 | 0 per month | 3.45 | 0.06 | 6.55 | (5.17) | 24.43 | |
| IDEX | Idex ASA | 0.00 | 0 per month | 3.57 | 0.17 | 16.19 | (6.25) | 42.91 | |
| HUDL | Huddlestock Fintech As | 0.00 | 0 per month | 3.71 | 0 | 9.52 | (7.25) | 28.44 | |
| NORBT | Norbit ASA | 0.00 | 0 per month | 0.00 | (0.04) | 3.70 | (4.03) | 9.72 | |
| ITERA | Itera ASA | 0.00 | 0 per month | 1.43 | (0.04) | 3.65 | (2.14) | 9.14 | |
| ELABS | Elliptic Laboratories AS | 0.00 | 0 per month | 0.00 | (0.25) | 4.11 | (7.61) | 16.31 |
Other Forecasting Options for Pexip Holding
For every potential investor in Pexip, whether a beginner or expert, Pexip Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pexip Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pexip. Basic forecasting techniques help filter out the noise by identifying Pexip Holding's price trends.Pexip Holding Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pexip Holding stock to make a market-neutral strategy. Peer analysis of Pexip Holding could also be used in its relative valuation, which is a method of valuing Pexip Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pexip Holding Market Strength Events
Market strength indicators help investors to evaluate how Pexip Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pexip Holding shares will generate the highest return on investment. By undertsting and applying Pexip Holding stock market strength indicators, traders can identify Pexip Holding ASA entry and exit signals to maximize returns.
| Accumulation Distribution | 7653.36 | |||
| Daily Balance Of Power | (0.52) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 77.55 | |||
| Day Typical Price | 77.43 | |||
| Price Action Indicator | (1.15) | |||
| Period Momentum Indicator | (1.60) | |||
| Relative Strength Index | 58.53 |
Pexip Holding Risk Indicators
The analysis of Pexip Holding's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Pexip Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pexip stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.72 | |||
| Semi Deviation | 1.57 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.05 | |||
| Downside Variance | 4.09 | |||
| Semi Variance | 2.48 | |||
| Expected Short fall | (1.88) |
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 Pexip Holding
The number of cover stories for Pexip Holding depends on current market conditions and Pexip Holding's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Pexip Holding is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Pexip Holding's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Pexip Holding Short Properties
Pexip Holding's future price predictability will typically decrease when Pexip Holding's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Pexip Holding ASA often depends not only on the future outlook of the potential Pexip Holding's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Pexip Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 796.9 M |
Other Information on Investing in Pexip Stock
Pexip Holding financial ratios help investors to determine whether Pexip Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pexip with respect to the benefits of owning Pexip Holding security.