Pets At Stock Forecast - Naive Prediction
| 6P8 Stock | EUR 2.21 0.04 1.78% |
The Naive Prediction forecasted value of Pets at Home on the next trading day is expected to be 2.18 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.24. Pets Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Pets At's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 6th of January 2026 The value of RSI of Pets At's share price is above 80 . This suggests that the stock is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 83
Buy Peaked
Oversold | Overbought |
Using Pets At hype-based prediction, you can estimate the value of Pets at Home from the perspective of Pets At response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Pets at Home on the next trading day is expected to be 2.18 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.24. Pets At after-hype prediction price | EUR 2.21 |
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.
Pets |
Pets At Additional Predictive Modules
Most predictive techniques to examine Pets price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pets using various technical indicators. When you analyze Pets 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
Pets At Naive Prediction Price Forecast For the 7th of January
Given 90 days horizon, the Naive Prediction forecasted value of Pets at Home on the next trading day is expected to be 2.18 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.24.Please note that although there have been many attempts to predict Pets 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 Pets At's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pets At Stock Forecast Pattern
| Backtest Pets At | Pets At Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Pets At stock data series using in forecasting. Note that when a statistical model is used to represent Pets At 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 | 111.9745 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0368 |
| MAPE | Mean absolute percentage error | 0.0158 |
| SAE | Sum of the absolute errors | 2.2419 |
Predictive Modules for Pets At
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pets at Home. 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.Pets At 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 Pets At stock to make a market-neutral strategy. Peer analysis of Pets At could also be used in its relative valuation, which is a method of valuing Pets At by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pets At Market Strength Events
Market strength indicators help investors to evaluate how Pets At stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pets At shares will generate the highest return on investment. By undertsting and applying Pets At stock market strength indicators, traders can identify Pets at Home entry and exit signals to maximize returns.
Pets At Risk Indicators
The analysis of Pets At'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 Pets At's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pets 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 | 1.49 | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.32 |
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.
Currently Active Assets on Macroaxis
Other Information on Investing in Pets Stock
Pets At financial ratios help investors to determine whether Pets 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 Pets with respect to the benefits of owning Pets At security.