Rapid7 Stock Forward View - Double Exponential Smoothing
| RPD Stock | USD 5.55 -0.16 -2.80% |
Rapid7 Inc's Double Exponential Smoothing reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use.
The Double Exponential Smoothing forecasted value of Rapid7 Inc on the next trading day is expected to be 5.43 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.11.When Rapid7 Inc 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 Rapid7 Inc 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 Rapid7 observations are given relatively more weight in forecasting than the older observations. All Double Exponential Smoothing forecast figures shown for Rapid7 Inc are reference data reflecting model output based on available historical prices. Double Exponential Smoothing Price Forecast For the 26th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Rapid7 Inc on the next trading day is expected to be 5.43 with a mean absolute deviation of 0.32 , mean absolute percentage error of 0.27 , and the sum of the absolute errors of 19.11 .Please note that although there have been many attempts to predict Rapid7 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 Rapid7's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Rapid7 | Rapid7 Price Prediction | Research Analysis |
Forecasted Value
Forecasting Rapid7 Inc for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. 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 Rapid7 stock data series using in forecasting. Note that when a statistical model is used to represent Rapid7 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 | 0.0579 |
| MAD | Mean absolute deviation | 0.3238 |
| MAPE | Mean absolute percentage error | 0.0369 |
| SAE | Sum of the absolute errors | 19.1059 |
Other Forecasting Options for Rapid7
Bollinger Bands applied to Rapid7 Stock price data measure how far Rapid7 has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Rapid7's price data.Rapid7 Related Equities
The stocks listed below are peers of Rapid7 within the Information Technology space and offer context for ranking and strength. Return on equity across these peers shows how well each firm turns capital into profit. Persistent outperformance or underperformance by specific peers relative to Rapid7 often signals structural advantages or weaknesses. The peer review below gives a clear framework for judging Rapid7's standing among rivals.
| Risk & Return | Correlation |
Rapid7 Market Strength Events
For investors tracking Rapid7 Inc, market strength indicators offer quantitative evaluation of stock behavior. These indicators add context to timing decisions around Rapid7 Inc positions.
Rapid7 Risk Indicators
Analyzing Rapid7's basic risk indicators provides investors with a structured view of the risk-return trade-off for rapid7 stock. By identifying the level of risk embedded in Rapid7's investment, investors can make informed decisions about position sizing.
| Mean Deviation | 2.95 | |||
| Standard Deviation | 4.83 | |||
| Variance | 23.3 |
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 Rapid7
The amount of media and story coverage tied to Rapid7 Inc can signal where market attention is concentrating at the moment. A disciplined read of coverage separates durable relevance from temporary noise.
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Rapid7 Short Properties
Short-interest signals around Rapid7 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 | 65 M | |
| Cash And Short Term Investments | 474.7 M |