Evolus Stock Forecast - Naive Prediction
| EOLS Stock | USD 6.65 0.02 0.30% |
The Naive Prediction forecasted value of Evolus Inc on the next trading day is expected to be 6.34 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.65. Evolus Stock Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Evolus' share price is below 20 suggesting 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 |
EPS Estimate Next Quarter 0.0833 | EPS Estimate Current Year (0.39) | EPS Estimate Next Year 0.126 | Wall Street Target Price 18.5 | EPS Estimate Current Quarter (0.18) |
Using Evolus hype-based prediction, you can estimate the value of Evolus Inc from the perspective of Evolus response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Evolus using Evolus' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Evolus using crowd psychology based on the activity and movement of Evolus' stock price.
Evolus Implied Volatility | 1.82 |
Evolus' implied volatility exposes the market's sentiment of Evolus Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Evolus' 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 Evolus stock will not fluctuate a lot when Evolus' options are near their expiration.
The Naive Prediction forecasted value of Evolus Inc on the next trading day is expected to be 6.34 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.65. Evolus after-hype prediction price | USD 6.63 |
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 Evolus to cross-verify your projections. Open Interest Against 2026-02-20 Evolus Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Evolus' 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 Evolus' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Evolus 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 Evolus' open interest, investors have to compare it to Evolus' 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 Evolus 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 Evolus. 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.
Evolus Additional Predictive Modules
Most predictive techniques to examine Evolus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Evolus using various technical indicators. When you analyze Evolus 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 |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Evolus' financial statements to predict how it will affect future prices.
Cash | First Reported 2015-12-31 | Previous Quarter 61.7 M | Current Value 43.5 M | Quarterly Volatility 37.8 M |
Evolus Naive Prediction Price Forecast For the 2nd of January
Given 90 days horizon, the Naive Prediction forecasted value of Evolus Inc on the next trading day is expected to be 6.34 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.65.Please note that although there have been many attempts to predict Evolus 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 Evolus' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Evolus Stock Forecast Pattern
| Backtest Evolus | Evolus Price Prediction | Buy or Sell Advice |
Evolus Forecasted Value
In the context of forecasting Evolus' 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. Evolus' downside and upside margins for the forecasting period are 3.22 and 9.46, respectively. We have considered Evolus' 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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Evolus stock data series using in forecasting. Note that when a statistical model is used to represent Evolus 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 | 114.938 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1581 |
| MAPE | Mean absolute percentage error | 0.0233 |
| SAE | Sum of the absolute errors | 9.6469 |
Predictive Modules for Evolus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Evolus Inc. 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.Other Forecasting Options for Evolus
For every potential investor in Evolus, whether a beginner or expert, Evolus' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Evolus Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Evolus. Basic forecasting techniques help filter out the noise by identifying Evolus' price trends.Evolus 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 Evolus stock to make a market-neutral strategy. Peer analysis of Evolus could also be used in its relative valuation, which is a method of valuing Evolus by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Evolus Inc 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 Evolus' 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 Evolus' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Evolus Market Strength Events
Market strength indicators help investors to evaluate how Evolus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolus shares will generate the highest return on investment. By undertsting and applying Evolus stock market strength indicators, traders can identify Evolus Inc entry and exit signals to maximize returns.
Evolus Risk Indicators
The analysis of Evolus' 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 Evolus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting evolus 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 | 2.36 | |||
| Semi Deviation | 2.98 | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.57 | |||
| Downside Variance | 10.78 | |||
| Semi Variance | 8.87 | |||
| Expected Short fall | (2.27) |
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.
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Additional Tools for Evolus Stock Analysis
When running Evolus' price analysis, check to measure Evolus' 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 Evolus is operating at the current time. Most of Evolus' value examination focuses on studying past and present price action to predict the probability of Evolus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolus' price. Additionally, you may evaluate how the addition of Evolus to your portfolios can decrease your overall portfolio volatility.