Verra Mobility Stock Forward View - Double Exponential Smoothing
| VRRM Stock | USD 14.85 -0.04 -0.27% |
The reference data on this page reflects Double Exponential Smoothing output applied to Verra Mobility Corp's historical daily closing prices. Forecast values and accuracy statistics are presented for informational purposes.
The Double Exponential Smoothing forecasted value of Verra Mobility Corp on the next trading day is expected to be 14.78 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.24.When Verra Mobility Corp 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 Verra Mobility Corp 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 Verra Mobility observations are given relatively more weight in forecasting than the older observations. The forecast reference data presented here for Verra Mobility Corp reflects Double Exponential Smoothing model output and is intended as reference material for analytical use. Double Exponential Smoothing Price Forecast For the 18th of March 2026
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Verra Mobility Corp on the next trading day is expected to be 14.78 with a mean absolute deviation of 0.28 , mean absolute percentage error of 0.20 , and the sum of the absolute errors of 16.24 .Please note that although there have been many attempts to predict Verra 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 Verra Mobility's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Verra Mobility | Verra Mobility Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Verra Mobility Corp focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The projected forecast band currently runs from roughly 12.43 on the downside to about 17.13 on the upside.
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 Verra Mobility stock data series using in forecasting. Note that when a statistical model is used to represent Verra Mobility 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 | 0.0502 |
| MAD | Mean absolute deviation | 0.2753 |
| MAPE | Mean absolute percentage error | 0.0146 |
| SAE | Sum of the absolute errors | 16.24 |
Other Forecasting Options for Verra Mobility
Understanding Verra Mobility's price movement is a prerequisite for any investor considering Verra as a position. Verra Stock price charts are frequently cluttered with noise that can interfere with accurate interpretation.Verra Mobility Related Equities
The following equities are related to Verra Mobility within the Information Technology space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Verra Mobility 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 |
Verra Mobility Market Strength Events
For traders and investors in Verra Mobility Corp, market strength indicators offer a quantitative framework for evaluating the stock's responsiveness to market conditions. These tools help identify when trading Verra Mobility shares is most likely to generate favorable returns.
Verra Mobility Risk Indicators
Analyzing Verra Mobility's risk indicators provides a critical input for price forecasting and investment risk management. By quantifying the risk in Verra Mobility's investment, investors can make more informed decisions about their exposure and hedging strategies.
| Mean Deviation | 1.39 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.37 |
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 Verra Mobility
Story coverage around Verra Mobility Corp 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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Verra Mobility Short Properties
Short-interest signals around Verra Mobility Corp 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 | 161.3 M | |
| Cash And Short Term Investments | 65.3 M |