NOV Stock Forecast - Simple Exponential Smoothing
| NOV Stock | USD 18.39 0.09 0.49% |
NOV Stock outlook is based on your current time horizon.
The relative strength index (RSI) of NOV's stock price is slightly above 63. This indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling NOV, making its price go up or down. Momentum 63
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.67) | EPS Estimate Next Quarter 0.2503 | EPS Estimate Current Year 0.9019 | EPS Estimate Next Year 1.1346 | Wall Street Target Price 17.55 |
Using NOV hype-based prediction, you can estimate the value of NOV Inc from the perspective of NOV response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards NOV using NOV's stock options and short interest. It helps to benchmark the overall future attitude of investors towards NOV using crowd psychology based on the activity and movement of NOV's stock price.
NOV Short Interest
An investor who is long NOV may also wish to track short interest. As short interest increases, investors should be becoming more worried about NOV and may potentially protect profits, hedge NOV with its derivative instruments, or be ready for some potential downside.
200 Day MA 13.7676 | Short Percent 0.1408 | Short Ratio 6.61 | Shares Short Prior Month 23.5 M | 50 Day MA 16.224 |
NOV Relative Strength Index
The Simple Exponential Smoothing forecasted value of NOV Inc on the next trading day is expected to be 18.39 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.58.NOV Inc Hype to Price Pattern
Investor biases related to NOV's public news can be used to forecast risks associated with an investment in NOV. The trend in average sentiment can be used to explain how an investor holding NOV can time the market purely based on public headlines and social activities around NOV Inc. 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 NOV's market sentiment to its price can help taders to make decisions based on the overall investors consensus about NOV.
NOV Implied Volatility | 0.46 |
NOV's implied volatility exposes the market's sentiment of NOV Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if NOV'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 NOV stock will not fluctuate a lot when NOV's options are near their expiration.
The Simple Exponential Smoothing forecasted value of NOV Inc on the next trading day is expected to be 18.39 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.58. NOV after-hype prediction price | USD 18.39 |
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 NOV to cross-verify your projections. Prediction based on Rule 16 of the current NOV contract
Based on the Rule 16, the options market is currently suggesting that NOV Inc will have an average daily up or down price movement of about 0.0288% per day over the life of the 2026-03-20 option contract. With NOV trading at USD 18.39, that is roughly USD 0.005287 . If you think that the market is fully incorporating NOV's daily price movement you should consider acquiring NOV Inc options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 NOV Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast NOV'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 NOV's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for NOV 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 NOV's open interest, investors have to compare it to NOV'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 NOV 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 NOV. 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.
NOV Additional Predictive Modules
Most predictive techniques to examine NOV price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NOV using various technical indicators. When you analyze NOV 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 |
NOV Simple Exponential Smoothing Price Forecast For the 27th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of NOV Inc on the next trading day is expected to be 18.39 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.15, and the sum of the absolute errors of 16.58.Please note that although there have been many attempts to predict NOV 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 NOV's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
NOV Stock Forecast Pattern
| Backtest NOV | NOV Price Prediction | Buy or Sell Advice |
NOV Forecasted Value
In the context of forecasting NOV'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. NOV's downside and upside margins for the forecasting period are 15.95 and 20.83, respectively. We have considered NOV'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of NOV stock data series using in forecasting. Note that when a statistical model is used to represent NOV 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 | 114.3471 |
| Bias | Arithmetic mean of the errors | -0.0777 |
| MAD | Mean absolute deviation | 0.2763 |
| MAPE | Mean absolute percentage error | 0.0172 |
| SAE | Sum of the absolute errors | 16.5789 |
Predictive Modules for NOV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NOV 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.NOV After-Hype Price Density Analysis
As far as predicting the price of NOV 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 NOV 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 NOV, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NOV Estimiated After-Hype Price Volatility
In the context of predicting NOV's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NOV's historical news coverage. NOV's after-hype downside and upside margins for the prediction period are 15.82 and 20.96, respectively. We have considered NOV'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
NOV is not too volatile at this time. Analysis and calculation of next after-hype price of NOV Inc is based on 3 months time horizon.
NOV Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as NOV is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NOV 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 NOV, 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 |
0.38 | 2.44 | 0.10 | 0.10 | 9 Events / Month | 6 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
18.39 | 18.39 | 0.00 |
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NOV Hype Timeline
On the 26th of January NOV Inc is traded for 18.39. The entity has historical hype elasticity of -0.1, and average elasticity to hype of competition of 0.1. NOV is estimated 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 estimated to be very small, whereas the daily expected return is now at 0.38%. %. The volatility of related hype on NOV is about 884.06%, with the expected price after the next announcement by competition of 18.49. About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.04. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NOV Inc has Price/Earnings To Growth (PEG) ratio of 0.27. The entity last dividend was issued on the 5th of December 2025. The firm had 1109:1000 split on the 2nd of June 2014. Considering the 90-day investment horizon the next estimated press release will be in about 9 days. Check out Historical Fundamental Analysis of NOV to cross-verify your projections.NOV Related Hype Analysis
Having access to credible news sources related to NOV's direct competition is more important than ever and may enhance your ability to predict NOV's future price movements. Getting to know how NOV'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 NOV may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| WFRD | Weatherford International plc | 0.17 | 14 per month | 1.71 | 0.18 | 4.77 | (3.38) | 13.20 | |
| SOBO | South Bow | 0.00 | 0 per month | 1.32 | 0.03 | 2.08 | (2.41) | 8.35 | |
| FRO | Frontline | 0.58 | 10 per month | 2.48 | 0.05 | 3.42 | (3.95) | 13.55 | |
| AROC | Archrock | 0.43 | 7 per month | 2.00 | (0.04) | 2.47 | (3.45) | 10.69 | |
| CHRD | Chord Energy Corp | 0.17 | 17 per month | 2.03 | 0.03 | 3.54 | (3.61) | 9.26 | |
| VIST | Vista Oil Gas | 0.70 | 6 per month | 1.77 | 0.17 | 6.03 | (3.43) | 23.65 | |
| CNX | CNX Resources Corp | 0.31 | 9 per month | 1.57 | 0.07 | 3.38 | (2.77) | 8.32 | |
| NE | Noble plc | 0.17 | 7 per month | 1.84 | 0.10 | 4.50 | (2.86) | 13.91 | |
| VAL | Valaris | 0.06 | 6 per month | 2.34 | 0.04 | 3.76 | (3.39) | 20.91 | |
| MTDR | Matador Resources | 0.17 | 2 per month | 2.73 | (0.02) | 3.10 | (4.26) | 10.82 |
Other Forecasting Options for NOV
For every potential investor in NOV, whether a beginner or expert, NOV's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NOV Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NOV. Basic forecasting techniques help filter out the noise by identifying NOV's price trends.NOV 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 NOV stock to make a market-neutral strategy. Peer analysis of NOV could also be used in its relative valuation, which is a method of valuing NOV by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NOV Market Strength Events
Market strength indicators help investors to evaluate how NOV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NOV shares will generate the highest return on investment. By undertsting and applying NOV stock market strength indicators, traders can identify NOV Inc entry and exit signals to maximize returns.
NOV Risk Indicators
The analysis of NOV'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 NOV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nov 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 | 1.93 | |||
| Semi Deviation | 1.75 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.77 | |||
| Downside Variance | 4.98 | |||
| Semi Variance | 3.06 | |||
| Expected Short fall | (2.31) |
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 NOV
The number of cover stories for NOV depends on current market conditions and NOV's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NOV 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 NOV'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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NOV Short Properties
NOV's future price predictability will typically decrease when NOV's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NOV Inc often depends not only on the future outlook of the potential NOV'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. NOV's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 396 M | |
| Cash And Short Term Investments | 1.2 B |
Additional Tools for NOV Stock Analysis
When running NOV's price analysis, check to measure NOV'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 NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.