8x8 Common Stock Forecast - Triple Exponential Smoothing
| EGHT Stock | USD 1.71 0.03 1.79% |
8x8 Stock outlook is based on your current time horizon.
At this time, the relative strength indicator of 8x8 Common's share price is approaching 41 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling 8x8 Common, making its price go up or down. Momentum 41
Sell Extended
Oversold | Overbought |
EPS Estimate Next Quarter 0.0717 | EPS Estimate Current Year 0.32 | EPS Estimate Next Year 0.325 | Wall Street Target Price 2.25 | EPS Estimate Current Quarter 0.07 |
Using 8x8 Common hype-based prediction, you can estimate the value of 8x8 Common Stock from the perspective of 8x8 Common response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards 8x8 Common using 8x8 Common's stock options and short interest. It helps to benchmark the overall future attitude of investors towards 8x8 using crowd psychology based on the activity and movement of 8x8 Common's stock price.
8x8 Common Short Interest
An investor who is long 8x8 Common may also wish to track short interest. As short interest increases, investors should be becoming more worried about 8x8 Common and may potentially protect profits, hedge 8x8 Common with its derivative instruments, or be ready for some potential downside.
200 Day MA 1.9097 | Short Percent 0.0252 | Short Ratio 4.51 | Shares Short Prior Month 3.3 M | 50 Day MA 1.9474 |
8x8 Relative Strength Index
The Triple Exponential Smoothing forecasted value of 8x8 Common Stock on the next trading day is expected to be 1.69 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.04.8x8 Common Stock Hype to Price Pattern
Investor biases related to 8x8 Common's public news can be used to forecast risks associated with an investment in 8x8. The trend in average sentiment can be used to explain how an investor holding 8x8 can time the market purely based on public headlines and social activities around 8x8 Common Stock. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of 8x8 Common's market sentiment to its price can help taders to make decisions based on the overall investors consensus about 8x8 Common.
8x8 Common Implied Volatility | 2.94 |
8x8 Common's implied volatility exposes the market's sentiment of 8x8 Common Stock stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if 8x8 Common's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that 8x8 Common stock will not fluctuate a lot when 8x8 Common's options are near their expiration.
The Triple Exponential Smoothing forecasted value of 8x8 Common Stock on the next trading day is expected to be 1.69 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.04. 8x8 Common after-hype prediction price | USD 1.71 |
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 8x8 Common to cross-verify your projections. Open Interest Against 2026-03-20 8x8 Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast 8x8 Common's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in 8x8 Common's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for 8x8 Common stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current 8x8 Common's open interest, investors have to compare it to 8x8 Common's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of 8x8 Common is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in 8x8. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
8x8 Common Additional Predictive Modules
Most predictive techniques to examine 8x8 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 8x8 using various technical indicators. When you analyze 8x8 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
8x8 Common Triple Exponential Smoothing Price Forecast For the 28th of January
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of 8x8 Common Stock on the next trading day is expected to be 1.69 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.04.Please note that although there have been many attempts to predict 8x8 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 8x8 Common's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
8x8 Common Stock Forecast Pattern
| Backtest 8x8 Common | 8x8 Common Price Prediction | Buy or Sell Advice |
8x8 Common Forecasted Value
In the context of forecasting 8x8 Common'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. 8x8 Common's downside and upside margins for the forecasting period are 0.02 and 6.00, respectively. We have considered 8x8 Common'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of 8x8 Common stock data series using in forecasting. Note that when a statistical model is used to represent 8x8 Common 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0081 |
| MAD | Mean absolute deviation | 0.0506 |
| MAPE | Mean absolute percentage error | 0.0261 |
| SAE | Sum of the absolute errors | 3.0375 |
Predictive Modules for 8x8 Common
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 8x8 Common Stock. 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.8x8 Common After-Hype Price Density Analysis
As far as predicting the price of 8x8 Common 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 8x8 Common 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 8x8 Common, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
8x8 Common Estimiated After-Hype Price Volatility
In the context of predicting 8x8 Common's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on 8x8 Common's historical news coverage. 8x8 Common's after-hype downside and upside margins for the prediction period are 0.09 and 6.01, respectively. We have considered 8x8 Common'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
8x8 Common is dangerous at this time. Analysis and calculation of next after-hype price of 8x8 Common Stock is based on 3 months time horizon.
8x8 Common Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as 8x8 Common is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 8x8 Common 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 8x8 Common, 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 |
0.05 | 4.31 | 0.02 | 0.00 | 6 Events / Month | 7 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1.71 | 1.71 | 0.00 |
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8x8 Common Hype Timeline
8x8 Common Stock is currently traded for 1.71. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.0. 8x8 is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.05%. %. The volatility of related hype on 8x8 Common is about 5192.77%, with the expected price after the next announcement by competition of 1.71. About 78.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.75. Some equities with similar Price to Book (P/B) outperform the market in the long run. 8x8 Common Stock has Price/Earnings To Growth (PEG) ratio of 0.53. The entity recorded a loss per share of 0.05. The firm had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 6 days. Check out Historical Fundamental Analysis of 8x8 Common to cross-verify your projections.8x8 Common Related Hype Analysis
Having access to credible news sources related to 8x8 Common's direct competition is more important than ever and may enhance your ability to predict 8x8 Common's future price movements. Getting to know how 8x8 Common'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 8x8 Common may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AZ | A2Z Smart Technologies | 0.15 | 9 per month | 4.92 | 0.04 | 7.60 | (7.12) | 25.03 | |
| SMRT | SmartRent | 0.07 | 18 per month | 2.16 | 0.07 | 5.75 | (4.06) | 21.69 | |
| ASUR | Asure Software | (0.08) | 12 per month | 2.19 | 0.04 | 3.92 | (3.51) | 17.19 | |
| EB | Eventbrite Class A | 0.07 | 23 per month | 0.99 | 0.12 | 4.18 | (3.58) | 79.08 | |
| ALTS | ALT5 Sigma | (0.13) | 22 per month | 6.13 | 0.02 | 15.07 | (9.81) | 37.44 | |
| ONTF | ON24 Inc | (0.24) | 10 per month | 1.45 | 0.12 | 4.60 | (3.14) | 38.78 | |
| KLTR | Kaltura | (0.07) | 8 per month | 3.90 | (0.01) | 8.16 | (6.70) | 32.77 | |
| DUOT | Duos Technologies Group | (0.62) | 9 per month | 3.96 | 0.07 | 7.81 | (6.94) | 23.66 | |
| OCFT | Oneconnect Financial Technology | 0.07 | 15 per month | 0.52 | 0.04 | 1.55 | (1.11) | 4.57 | |
| TRAK | ReposiTrak | (0.05) | 16 per month | 0.00 | (0.25) | 2.24 | (4.38) | 9.78 |
Other Forecasting Options for 8x8 Common
For every potential investor in 8x8, whether a beginner or expert, 8x8 Common's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 8x8 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 8x8. Basic forecasting techniques help filter out the noise by identifying 8x8 Common's price trends.8x8 Common 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 8x8 Common stock to make a market-neutral strategy. Peer analysis of 8x8 Common could also be used in its relative valuation, which is a method of valuing 8x8 Common by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
8x8 Common Market Strength Events
Market strength indicators help investors to evaluate how 8x8 Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 8x8 Common shares will generate the highest return on investment. By undertsting and applying 8x8 Common stock market strength indicators, traders can identify 8x8 Common Stock entry and exit signals to maximize returns.
| Accumulation Distribution | 51870.93 | |||
| Daily Balance Of Power | 0.2727 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 1.73 | |||
| Day Typical Price | 1.72 | |||
| Period Momentum Indicator | 0.03 | |||
| Relative Strength Index | 41.4 |
8x8 Common Risk Indicators
The analysis of 8x8 Common'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 8x8 Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 8x8 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 | 2.51 | |||
| Standard Deviation | 4.18 | |||
| Variance | 17.47 |
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 8x8 Common
The number of cover stories for 8x8 Common depends on current market conditions and 8x8 Common's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that 8x8 Common 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 8x8 Common'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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8x8 Common Short Properties
8x8 Common's future price predictability will typically decrease when 8x8 Common's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of 8x8 Common Stock often depends not only on the future outlook of the potential 8x8 Common'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. 8x8 Common's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 129.8 M | |
| Cash And Short Term Investments | 88 M |
Additional Tools for 8x8 Stock Analysis
When running 8x8 Common's price analysis, check to measure 8x8 Common'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 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.