BioAge Labs, Stock Forecast - Double Exponential Smoothing

BIOA Stock   19.29  0.41  2.08%   
The Double Exponential Smoothing forecasted value of BioAge Labs, on the next trading day is expected to be 19.43 with a mean absolute deviation of 1.08 and the sum of the absolute errors of 46.47. BioAge Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BioAge Labs, stock prices and determine the direction of BioAge Labs,'s future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BioAge Labs,'s historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, BioAge Labs,'s Receivables Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 0.29, whereas Inventory Turnover is forecasted to decline to 2.18. . As of November 27, 2024, Common Stock Shares Outstanding is expected to decline to about 35.8 M.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for BioAge Labs, works best with periods where there are trends or seasonality.

BioAge Labs, Double Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of BioAge Labs, on the next trading day is expected to be 19.43 with a mean absolute deviation of 1.08, mean absolute percentage error of 1.89, and the sum of the absolute errors of 46.47.
Please note that although there have been many attempts to predict BioAge 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 BioAge Labs,'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

BioAge Labs, Stock Forecast Pattern

Backtest BioAge Labs,BioAge Labs, Price PredictionBuy or Sell Advice 

BioAge Labs, Forecasted Value

In the context of forecasting BioAge Labs,'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. BioAge Labs,'s downside and upside margins for the forecasting period are 14.01 and 24.85, respectively. We have considered BioAge Labs,'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
19.29
19.43
Expected Value
24.85
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 BioAge Labs, stock data series using in forecasting. Note that when a statistical model is used to represent BioAge Labs, 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 CriteriaHuge
BiasArithmetic mean of the errors 0.2608
MADMean absolute deviation1.0806
MAPEMean absolute percentage error0.0503
SAESum of the absolute errors46.4652
When BioAge Labs, 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 BioAge Labs, 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 BioAge Labs, observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for BioAge Labs,

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BioAge Labs,. 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
14.7020.1125.52
Details
Intrinsic
Valuation
LowRealHigh
12.1817.5923.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.9820.0023.03
Details

Other Forecasting Options for BioAge Labs,

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

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

BioAge Labs, Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BioAge Labs,'s price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of BioAge Labs,'s current price.

BioAge Labs, Market Strength Events

Market strength indicators help investors to evaluate how BioAge Labs, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BioAge Labs, shares will generate the highest return on investment. By undertsting and applying BioAge Labs, stock market strength indicators, traders can identify BioAge Labs, entry and exit signals to maximize returns.

BioAge Labs, Risk Indicators

The analysis of BioAge Labs,'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 BioAge Labs,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bioage 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether BioAge Labs, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BioAge Labs,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bioage Labs, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bioage Labs, Stock:
Check out Historical Fundamental Analysis of BioAge Labs, to cross-verify your projections.
For information on how to trade BioAge Stock refer to our How to Trade BioAge Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Pharmaceutical Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BioAge Labs,. If investors know BioAge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BioAge Labs, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.40)
The market value of BioAge Labs, is measured differently than its book value, which is the value of BioAge that is recorded on the company's balance sheet. Investors also form their own opinion of BioAge Labs,'s value that differs from its market value or its book value, called intrinsic value, which is BioAge Labs,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BioAge Labs,'s market value can be influenced by many factors that don't directly affect BioAge Labs,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BioAge Labs,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if BioAge Labs, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioAge Labs,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.