Evaxion Biotech Stock Forward View - 8 Period Moving Average
| EVAX Stock | USD 4.34 0.27 6.63% |
8 Period Moving Average is applied to Evaxion Biotech AS's daily closing prices, and the resulting forecast is presented with accuracy metrics. Wide deviation between fitted and observed values suggests the model's assumptions may not match current market conditions. The 8 Period Moving Average model projects Evaxion Biotech at 4.38 for the next trading day, above the most recent closing price. This 8 Period Moving Average output is provided as analytical reference and does not constitute a trading recommendation.
8 Period Moving Average Price Forecast For the 11th of May 2026
Over a 90-day horizon, the 8 Period Moving Average model forecasts Evaxion Biotech at 4.38 for the next trading day, with a mean absolute deviation of 0.19 , mean absolute percentage error of 0.05 , and sum of absolute errors of 10.19 .This represents a tight forecast with good short-term tracking of Evaxion Biotech's price movement. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest Evaxion Biotech | Evaxion Biotech Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast range for Evaxion Biotech defines statistically derived downside and upside boundaries based on model performance. The model places downside around 0.04 and upside around 9.06 for the next session. The wide range indicates elevated uncertainty in short-term projections.
Model Predictive Factors
The table below summarizes the 8 Period Moving Average model's error metrics for Evaxion Biotech stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 100.7282 |
| Bias | Arithmetic mean of the errors | -0.0851 |
| MAD | Mean absolute deviation | 0.1922 |
| MAPE | Mean absolute percentage error | 0.0488 |
| SAE | Sum of the absolute errors | 10.1875 |
Other Forecasting Options for Evaxion Biotech
Evaxion Biotech's daily price returns decompose into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Evaxion Biotech often signals an upcoming reversal or acceleration.Evaxion Biotech Related Equities
These related stocks within the Health Care space give benchmarks for judging Evaxion Biotech's results, margins, and growth trend. Profit comparisons show whether Evaxion Biotech earns above or below average returns next to its peers.
| Risk & Return | Correlation |
Evaxion Biotech Market Strength Events
Market strength indicators for Evaxion Biotech stock provide a framework for assessing security responsiveness. A rising Accumulation/Distribution line alongside rising price confirms institutional buying interest in Evaxion Biotech.
Evaxion Biotech Risk Indicators
Assessing Evaxion Biotech's risk indicators is a structured way to evaluate the risk-return trade-off for evaxion biotech stock. The level of risk embedded in Evaxion Biotech's feeds directly into exposure calibration.
| Mean Deviation | 3.89 | |||
| Semi Deviation | 3.56 | |||
| Standard Deviation | 5.07 | |||
| Variance | 25.69 | |||
| Downside Variance | 17.25 | |||
| Semi Variance | 12.65 | |||
| Expected Short fall | -4.71 |
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.
Evaxion Biotech Short Properties
Short sentiment tied to Evaxion Biotech AS matters because heavier bearish pressure can change how quickly future price expectations become unstable. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 6.41 million | |
| Cash And Short Term Investments | 23.23 million |