Autonomix Medical Stock Forecast - Simple Exponential Smoothing

AMIX Stock   0.47  0  0.21%   
The Simple Exponential Smoothing forecasted value of Autonomix Medical Common on the next trading day is expected to be 0.47 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.74. Autonomix Stock Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Autonomix 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
The successful prediction of Autonomix Medical's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Autonomix Medical Common, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Autonomix Medical's stock price prediction:
EPS Estimate Next Quarter
(0.38)
EPS Estimate Current Year
(2.31)
EPS Estimate Next Year
(1.75)
Wall Street Target Price
6.6
EPS Estimate Current Quarter
(1.50)
Using Autonomix Medical hype-based prediction, you can estimate the value of Autonomix Medical Common from the perspective of Autonomix Medical response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Autonomix Medical Common on the next trading day is expected to be 0.47 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.74.

Autonomix Medical after-hype prediction price

    
  USD 0.48  
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.
Check out Historical Fundamental Analysis of Autonomix Medical to cross-verify your projections.

Autonomix Medical Additional Predictive Modules

Most predictive techniques to examine Autonomix price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Autonomix using various technical indicators. When you analyze Autonomix 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.
Autonomix Medical simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Autonomix Medical Common are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Autonomix Medical Common prices get older.

Autonomix Medical Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Autonomix Medical Common on the next trading day is expected to be 0.47 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.74.
Please note that although there have been many attempts to predict Autonomix 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 Autonomix Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Autonomix Medical Stock Forecast Pattern

Backtest Autonomix MedicalAutonomix Medical Price PredictionBuy or Sell Advice 

Autonomix Medical Forecasted Value

In the context of forecasting Autonomix 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. Autonomix Medical's downside and upside margins for the forecasting period are 0 and 9.96, respectively. We have considered Autonomix 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.
Market Value
0.47
0.47
Expected Value
9.96
Upside

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 Autonomix Medical stock data series using in forecasting. Note that when a statistical model is used to represent Autonomix 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.
AICAkaike Information Criteria111.025
BiasArithmetic mean of the errors 0.017
MADMean absolute deviation0.0456
MAPEMean absolute percentage error0.0568
SAESum of the absolute errors2.7386
This simple exponential smoothing model begins by setting Autonomix Medical Common forecast for the second period equal to the observation of the first period. In other words, recent Autonomix Medical observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Autonomix 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 Autonomix Medical Common. 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.
Hype
Prediction
LowEstimatedHigh
0.020.489.97
Details
Intrinsic
Valuation
LowRealHigh
0.102.0011.49
Details
2 Analysts
Consensus
LowTargetHigh
6.016.607.33
Details

Autonomix Medical After-Hype Price Prediction Density Analysis

As far as predicting the price of Autonomix 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 Autonomix 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 Autonomix Medical, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Autonomix Medical Estimiated After-Hype Price Volatility

In the context of predicting Autonomix Medical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Autonomix Medical's historical news coverage. Autonomix Medical's after-hype downside and upside margins for the prediction period are 0.02 and 9.97, respectively. We have considered Autonomix 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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.47
0.48
After-hype Price
9.97
Upside
Autonomix Medical is extremely dangerous at this time. Analysis and calculation of next after-hype price of Autonomix Medical Common is based on 3 months time horizon.

Autonomix Medical Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Autonomix Medical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Autonomix 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 Autonomix Medical, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.05 
9.49
  0.01 
  0.12 
8 Events / Month
5 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.47
0.48
1.91 
94,900  
Notes

Autonomix Medical Hype Timeline

Autonomix Medical Common is presently traded for 0.47. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.12. Autonomix is forecasted to increase in value after the next headline, with the price projected to jump to 0.48 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 1.91%, whereas the daily expected return is presently at -1.05%. The volatility of related hype on Autonomix Medical is about 8549.55%, with the expected price after the next announcement by competition of 0.35. Net Loss for the year was (11.41 M) with profit before overhead, payroll, taxes, and interest of 0. Given the investment horizon of 90 days the next forecasted press release will be in about 8 days.
Check out Historical Fundamental Analysis of Autonomix Medical to cross-verify your projections.

Autonomix Medical Related Hype Analysis

Having access to credible news sources related to Autonomix Medical's direct competition is more important than ever and may enhance your ability to predict Autonomix Medical's future price movements. Getting to know how Autonomix 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 Autonomix Medical may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
MOVEMovano Inc(0.26)6 per month 6.53  0.05  10.98 (14.03) 164.71 
FLGCFlora Growth Corp 0.08 11 per month 0.00 (0.23) 8.18 (12.26) 30.99 
KALAKala Pharmaceuticals(0.36)7 per month 0.00 (0.09) 12.28 (11.83) 59.48 
VEROVenus Concept(0.06)10 per month 10.26  0.08  8.14 (14.29) 516.97 
OGENOragenics(0.03)9 per month 0.00 (0.12) 7.14 (7.41) 19.90 
NAOVNAOV Old(0.24)7 per month 0.00 (0.02) 10.43 (9.07) 93.37 
DHAIDIH Holdings US 0.00 7 per month 26.04  0.20  193.55 (62.12) 927.27 
HSCSHeart Test Laboratories(0.36)6 per month 4.93  0.02  11.07 (6.48) 26.18 
BBLGBone Biologics Corp(0.01)7 per month 0.00 (0.11) 6.84 (9.52) 22.82 
AIMAIM ImmunoTech 0.13 10 per month 0.00 (0.17) 8.24 (10.32) 29.72 

Other Forecasting Options for Autonomix Medical

For every potential investor in Autonomix, whether a beginner or expert, Autonomix Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Autonomix Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Autonomix. Basic forecasting techniques help filter out the noise by identifying Autonomix Medical's price trends.

Autonomix 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 Autonomix Medical stock to make a market-neutral strategy. Peer analysis of Autonomix Medical could also be used in its relative valuation, which is a method of valuing Autonomix Medical by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Autonomix Medical Market Strength Events

Market strength indicators help investors to evaluate how Autonomix 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 Autonomix Medical shares will generate the highest return on investment. By undertsting and applying Autonomix Medical stock market strength indicators, traders can identify Autonomix Medical Common entry and exit signals to maximize returns.

Autonomix Medical Risk Indicators

The analysis of Autonomix 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 Autonomix Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting autonomix 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.
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 Autonomix Medical

The number of cover stories for Autonomix Medical depends on current market conditions and Autonomix 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 Autonomix 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 Autonomix Medical's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Autonomix Medical Short Properties

Autonomix Medical's future price predictability will typically decrease when Autonomix Medical's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Autonomix Medical Common often depends not only on the future outlook of the potential Autonomix Medical's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Autonomix Medical's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.8 M
Cash And Short Term Investments9.1 M

Additional Tools for Autonomix Stock Analysis

When running Autonomix Medical's price analysis, check to measure Autonomix 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 Autonomix Medical is operating at the current time. Most of Autonomix Medical's value examination focuses on studying past and present price action to predict the probability of Autonomix 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 Autonomix Medical's price. Additionally, you may evaluate how the addition of Autonomix Medical to your portfolios can decrease your overall portfolio volatility.