Vitruvia Medical Stock Forward View - Simple Exponential Smoothing
| 991 Stock | 1.40 0.10 7.69% |
Vitruvia Stock outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Vitruvia Medical's share price is below 20 . This suggests that the stock is significantly oversold. 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 0
Sell Peaked
Oversold | Overbought |
Wall Street Target Price 1.8 | Quarterly Revenue Growth 0.173 |
Using Vitruvia Medical hype-based prediction, you can estimate the value of Vitruvia Medical AG from the perspective of Vitruvia Medical response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Vitruvia Medical AG on the next trading day is expected to be 1.40 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.63. Vitruvia Medical after-hype prediction price | EUR 1.4 |
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.
Vitruvia |
Vitruvia Medical Additional Predictive Modules
Most predictive techniques to examine Vitruvia price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Vitruvia using various technical indicators. When you analyze Vitruvia 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 | ||
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| Volume Indicators |
Vitruvia Medical Simple Exponential Smoothing Price Forecast For the 7th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Vitruvia Medical AG on the next trading day is expected to be 1.40 with a mean absolute deviation of 0.01, mean absolute percentage error of 0, and the sum of the absolute errors of 0.63.Please note that although there have been many attempts to predict Vitruvia 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 Vitruvia Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Vitruvia Medical Stock Forecast Pattern
| Backtest Vitruvia Medical | Vitruvia Medical Price Prediction | Research Analysis |
Vitruvia Medical Forecasted Value
In the context of forecasting Vitruvia Medical'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. Vitruvia Medical's downside and upside margins for the forecasting period are 0.01 and 5.39, respectively. We have considered Vitruvia Medical'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 Vitruvia Medical stock data series using in forecasting. Note that when a statistical model is used to represent Vitruvia Medical 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 | 111.4851 |
| Bias | Arithmetic mean of the errors | -0.0103 |
| MAD | Mean absolute deviation | 0.0103 |
| MAPE | Mean absolute percentage error | 0.0092 |
| SAE | Sum of the absolute errors | 0.63 |
Predictive Modules for Vitruvia Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vitruvia Medical. 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.Vitruvia Medical After-Hype Price Density Analysis
As far as predicting the price of Vitruvia Medical 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 Vitruvia Medical 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 Vitruvia Medical, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Vitruvia Medical Estimiated After-Hype Price Volatility
In the context of predicting Vitruvia Medical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Vitruvia Medical's historical news coverage. Vitruvia Medical's after-hype downside and upside margins for the prediction period are 0.07 and 5.39, respectively. We have considered Vitruvia Medical'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Vitruvia Medical is dangerous at this time. Analysis and calculation of next after-hype price of Vitruvia Medical is based on 3 months time horizon.
Vitruvia Medical Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Vitruvia Medical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Vitruvia Medical 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 Vitruvia Medical, 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 |
1.09 | 3.99 | 0.00 | 0.03 | 4 Events / Month | 2 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1.40 | 1.40 | 0.00 |
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Vitruvia Medical Hype Timeline
Vitruvia Medical is presently traded for 1.40on Munich Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. Vitruvia 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 presently at 1.09%. %. The volatility of related hype on Vitruvia Medical is about 15200.0%, with the expected price after the next announcement by competition of 1.43. The company recorded a loss per share of 1.05. Vitruvia Medical had not issued any dividends in recent years. Assuming the 90 days trading horizon the next estimated press release will be in about 4 days. Check out Historical Fundamental Analysis of Vitruvia Medical to cross-verify your projections.Vitruvia Medical Related Hype Analysis
Having access to credible news sources related to Vitruvia Medical's direct competition is more important than ever and may enhance your ability to predict Vitruvia Medical's future price movements. Getting to know how Vitruvia Medical'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 Vitruvia Medical may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 8DA | InPlay Oil Corp | 0.05 | 3 per month | 2.35 | 0.14 | 6.62 | (4.44) | 14.00 | |
| 06S | Sportsmans Warehouse Holdings | 0.10 | 5 per month | 0.00 | (0.22) | 5.36 | (5.85) | 27.31 | |
| 688 | PLAY2CHILL SA ZY | 0.02 | 1 per month | 3.09 | (0.01) | 6.41 | (5.33) | 29.53 | |
| RS6 | RELIANCE STEEL AL | 1.00 | 1 per month | 0.60 | 0.19 | 2.76 | (1.42) | 4.30 | |
| UVD | Universal Display | (0.90) | 7 per month | 0.00 | (0.11) | 4.11 | (4.15) | 24.44 | |
| A43 | LEGACY IRON ORE | 0.00 | 1 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 2NY2 | ePlay Digital | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 8II | PLAYTIKA HOLDING DL 01 | (0.06) | 2 per month | 0.00 | (0.05) | 3.64 | (4.21) | 17.17 |
Other Forecasting Options for Vitruvia Medical
For every potential investor in Vitruvia, whether a beginner or expert, Vitruvia Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Vitruvia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Vitruvia. Basic forecasting techniques help filter out the noise by identifying Vitruvia Medical's price trends.Vitruvia Medical 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 Vitruvia Medical stock to make a market-neutral strategy. Peer analysis of Vitruvia Medical could also be used in its relative valuation, which is a method of valuing Vitruvia Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Vitruvia Medical Market Strength Events
Market strength indicators help investors to evaluate how Vitruvia Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vitruvia Medical shares will generate the highest return on investment. By undertsting and applying Vitruvia Medical stock market strength indicators, traders can identify Vitruvia Medical AG entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 1.4 | |||
| Day Typical Price | 1.4 | |||
| Price Action Indicator | 0.05 | |||
| Period Momentum Indicator | 0.1 |
Vitruvia Medical Risk Indicators
The analysis of Vitruvia Medical'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 Vitruvia Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vitruvia 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 | 1.77 | |||
| Standard Deviation | 3.79 | |||
| Variance | 14.35 |
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 Vitruvia Medical
The number of cover stories for Vitruvia Medical depends on current market conditions and Vitruvia Medical's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Vitruvia Medical 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 Vitruvia Medical'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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Additional Tools for Vitruvia Stock Analysis
When running Vitruvia Medical's price analysis, check to measure Vitruvia Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vitruvia Medical is operating at the current time. Most of Vitruvia Medical's value examination focuses on studying past and present price action to predict the probability of Vitruvia Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitruvia Medical's price. Additionally, you may evaluate how the addition of Vitruvia Medical to your portfolios can decrease your overall portfolio volatility.