Revvity Stock Forward View - Simple Exponential Smoothing
| RVTY Stock | 87.46 1.52 1.77% |
The Simple Exponential Smoothing forecast reference data for Revvity 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 Revvity on the next trading day is expected to be 87.46 with a mean absolute deviation of 1.95 and the sum of the absolute errors of 116.70.This simple exponential smoothing model begins by setting Revvity forecast for the second period equal to the observation of the first period. In other words, recent Revvity observations are given relatively more weight in forecasting than the older observations. The Simple Exponential Smoothing projections for Revvity are reference data based on historical daily prices and are provided as informational context. Simple Exponential Smoothing Price Forecast For the 25th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Revvity on the next trading day is expected to be 87.46 with a mean absolute deviation of 1.95 , mean absolute percentage error of 6.33 , and the sum of the absolute errors of 116.70 .Please note that although there have been many attempts to predict Revvity 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 Revvity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Revvity | Revvity Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Revvity focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 84.99 and upside near 89.93.
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 Revvity stock data series using in forecasting. Note that when a statistical model is used to represent Revvity 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 | 118.1175 |
| Bias | Arithmetic mean of the errors | 0.1543 |
| MAD | Mean absolute deviation | 1.945 |
| MAPE | Mean absolute percentage error | 0.0194 |
| SAE | Sum of the absolute errors | 116.7 |
Other Forecasting Options for Revvity
Volatility clustering is a well-documented feature of Revvity Stock price data where periods of large moves tend to follow other large moves. When Revvity's RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in Revvity's returns can persist when driven by structural factors like earnings calendars or index rebalancing.Revvity Related Equities
These stocks within the Health Care space are often compared to Revvity by analysts and fund managers in the sector. Profit comparisons show whether Revvity earns above or below average returns next to its peers. Peer review is most useful when paired with absolute pricing and trend checks. This peer set gives the context needed for a well-rounded view of Revvity.
| Risk & Return | Correlation |
Revvity Market Strength Events
Analyzing market strength indicators for Revvity enables investors to understand relative stock momentum. These tools help identify favorable windows for position changes in Revvity. Market strength indicators support more precise timing of Revvity positions across market cycles.
Revvity Risk Indicators
Identifying and analyzing Revvity's key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in Revvity's and determining how best to manage it. Studying Revvity's risk indicators helps investors understand the risk level of revvity stock.
| Mean Deviation | 1.84 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.74 |
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 Revvity
Coverage intensity for Revvity matters because narrative visibility can influence sentiment, participation, and volatility around the name. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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Revvity Short Properties
A short-interest review of Revvity provides context for understanding whether skepticism in the market is becoming more influential. 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 | 113.2 M | |
| Cash And Short Term Investments | 919.9 M |