Viant Technology Stock Forward View - Polynomial Regression

DSP Stock  USD 12.66  0.07  0.55%   
Viant Stock outlook is based on your current time horizon.
The value of RSI of Viant Technology's stock price is slightly above 61 suggesting that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Viant, making its price go up or down.

Momentum 61

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Viant Technology's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Viant Technology, which may create opportunities for some arbitrage if properly timed.
Using Viant Technology hype-based prediction, you can estimate the value of Viant Technology from the perspective of Viant Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Viant Technology on the next trading day is expected to be 12.66 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.45.

Viant Technology after-hype prediction price

    
  USD 12.66  
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 Viant Technology to cross-verify your projections.
To learn how to invest in Viant Stock, please use our How to Invest in Viant Technology guide.

Viant Technology Additional Predictive Modules

Most predictive techniques to examine Viant price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Viant using various technical indicators. When you analyze Viant 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.
Viant Technology polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Viant Technology as well as the accuracy indicators are determined from the period prices.

Viant Technology Polynomial Regression Price Forecast For the 31st of January

Given 90 days horizon, the Polynomial Regression forecasted value of Viant Technology on the next trading day is expected to be 12.66 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.19, and the sum of the absolute errors of 21.45.
Please note that although there have been many attempts to predict Viant 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 Viant Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Viant Technology Stock Forecast Pattern

Backtest Viant Technology  Viant Technology Price Prediction  Buy or Sell Advice  

Viant Technology Forecasted Value

In the context of forecasting Viant Technology'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. Viant Technology's downside and upside margins for the forecasting period are 8.96 and 16.36, respectively. We have considered Viant Technology'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
12.66
12.66
Expected Value
16.36
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Viant Technology stock data series using in forecasting. Note that when a statistical model is used to represent Viant Technology 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 Criteria116.4688
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3517
MAPEMean absolute percentage error0.033
SAESum of the absolute errors21.4532
A single variable polynomial regression model attempts to put a curve through the Viant Technology historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Viant Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Viant Technology. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Viant Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.9612.6616.36
Details
Intrinsic
Valuation
LowRealHigh
10.0513.7517.45
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.1512.0612.97
Details

Viant Technology After-Hype Price Density Analysis

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

Viant Technology Estimiated After-Hype Price Volatility

In the context of predicting Viant Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Viant Technology's historical news coverage. Viant Technology's after-hype downside and upside margins for the prediction period are 8.96 and 16.36, respectively. We have considered Viant Technology'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
12.66
12.66
After-hype Price
16.36
Upside
Viant Technology is somewhat reliable at this time. Analysis and calculation of next after-hype price of Viant Technology is based on 3 months time horizon.

Viant Technology Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Viant Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Viant Technology 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 Viant Technology, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.67 
3.70
 0.00  
  0.01 
0 Events / Month
2 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
12.66
12.66
0.00 
0.00  
Notes

Viant Technology Hype Timeline

On the 30th of January Viant Technology is traded for 12.66. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Viant is projected 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 projected to be very small, whereas the daily expected return is currently at 0.67%. %. The volatility of related hype on Viant Technology is about 21764.71%, with the expected price after the next announcement by competition of 12.65. About 62.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.67. Viant Technology had not issued any dividends in recent years. Considering the 90-day investment horizon the next projected press release will be in a few days.
Check out Historical Fundamental Analysis of Viant Technology to cross-verify your projections.
To learn how to invest in Viant Stock, please use our How to Invest in Viant Technology guide.

Viant Technology Related Hype Analysis

Having access to credible news sources related to Viant Technology's direct competition is more important than ever and may enhance your ability to predict Viant Technology's future price movements. Getting to know how Viant Technology'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 Viant Technology 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
TEADTeads BV 0.00 0 per month 0.00 (0.08) 10.94 (9.76) 54.35 
TROOTROOPS Inc 0.00 0 per month 4.92  0.28  13.53 (8.68) 41.09 
EXFYExpensify(0.12)2 per month 0.00 (0.06) 4.83 (4.17) 15.27 
HITHealth In Tech 0.00 0 per month 0.00 (0.14) 11.20 (14.21) 35.26 
XTKGX3 Holdings Co 0.00 0 per month 0.00 (0.07) 10.81 (25.00) 160.00 
AISPAirship AI Holdings 0.00 0 per month 0.00 (0.06) 8.08 (8.70) 29.30 
SSTIShotspotter 0.00 0 per month 0.00 (0.11) 5.06 (6.61) 16.87 
NRDYNerdy Inc 0.00 0 per month 4.08  0.01  9.17 (7.14) 20.36 
RSSSResearch Solutions(0.07)9 per month 0.00 (0.07) 3.45 (4.39) 20.31 
RDZNRoadzen 0.02 8 per month 3.68  0.06  13.74 (5.75) 32.71 

Other Forecasting Options for Viant Technology

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

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

Viant Technology Market Strength Events

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

Viant Technology Risk Indicators

The analysis of Viant Technology'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 Viant Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting viant 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 Viant Technology

The number of cover stories for Viant Technology depends on current market conditions and Viant Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Viant Technology 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 Viant Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Viant Technology Short Properties

Viant Technology's future price predictability will typically decrease when Viant Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Viant Technology often depends not only on the future outlook of the potential Viant Technology'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. Viant Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding20.5 M
Cash And Short Term Investments205 M

Additional Tools for Viant Stock Analysis

When running Viant Technology's price analysis, check to measure Viant Technology'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 Viant Technology is operating at the current time. Most of Viant Technology's value examination focuses on studying past and present price action to predict the probability of Viant Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viant Technology's price. Additionally, you may evaluate how the addition of Viant Technology to your portfolios can decrease your overall portfolio volatility.