Procore Technologies Stock Forecast - Simple Exponential Smoothing
| PCOR Stock | USD 65.64 0.63 0.97% |
The Simple Exponential Smoothing forecasted value of Procore Technologies on the next trading day is expected to be 65.64 with a mean absolute deviation of 1.16 and the sum of the absolute errors of 70.73. Procore Stock Forecast is based on your current time horizon. Although Procore Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Procore Technologies' systematic risk associated with finding meaningful patterns of Procore Technologies fundamentals over time.
As of today the relative strength indicator of Procore Technologies' share price is below 20 indicating 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 0.3805 | EPS Estimate Current Year 1.354 | EPS Estimate Next Year 1.7567 | Wall Street Target Price 87.5263 | EPS Estimate Current Quarter 0.3233 |
Using Procore Technologies hype-based prediction, you can estimate the value of Procore Technologies from the perspective of Procore Technologies response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Procore Technologies using Procore Technologies' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Procore using crowd psychology based on the activity and movement of Procore Technologies' stock price.
Procore Technologies Short Interest
An investor who is long Procore Technologies may also wish to track short interest. As short interest increases, investors should be becoming more worried about Procore Technologies and may potentially protect profits, hedge Procore Technologies with its derivative instruments, or be ready for some potential downside.
200 Day MA 69.8804 | Short Percent 0.0891 | Short Ratio 8.79 | Shares Short Prior Month 8.5 M | 50 Day MA 73.822 |
Procore Technologies Hype to Price Pattern
Investor biases related to Procore Technologies' public news can be used to forecast risks associated with an investment in Procore. The trend in average sentiment can be used to explain how an investor holding Procore can time the market purely based on public headlines and social activities around Procore Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Procore Technologies Implied Volatility | 0.53 |
Procore Technologies' implied volatility exposes the market's sentiment of Procore Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Procore Technologies' 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 Procore Technologies stock will not fluctuate a lot when Procore Technologies' options are near their expiration.
The Simple Exponential Smoothing forecasted value of Procore Technologies on the next trading day is expected to be 65.64 with a mean absolute deviation of 1.16 and the sum of the absolute errors of 70.73. Procore Technologies after-hype prediction price | USD 65.54 |
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 Procore Technologies to cross-verify your projections. Prediction based on Rule 16 of the current Procore contract
Based on the Rule 16, the options market is currently suggesting that Procore Technologies will have an average daily up or down price movement of about 0.0331% per day over the life of the 2026-04-17 option contract. With Procore Technologies trading at USD 65.64, that is roughly USD 0.0217 . If you think that the market is fully incorporating Procore Technologies' daily price movement you should consider acquiring Procore Technologies options at the current volatility level of 0.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Procore Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Procore Technologies' 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 Procore Technologies' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Procore Technologies 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 Procore Technologies' open interest, investors have to compare it to Procore Technologies' 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 Procore Technologies 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 Procore. 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.
Procore Technologies Additional Predictive Modules
Most predictive techniques to examine Procore price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Procore using various technical indicators. When you analyze Procore 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 |
Procore Technologies Simple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Procore Technologies on the next trading day is expected to be 65.64 with a mean absolute deviation of 1.16, mean absolute percentage error of 2.94, and the sum of the absolute errors of 70.73.Please note that although there have been many attempts to predict Procore 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 Procore Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Procore Technologies Stock Forecast Pattern
| Backtest Procore Technologies | Procore Technologies Price Prediction | Buy or Sell Advice |
Procore Technologies Forecasted Value
In the context of forecasting Procore Technologies' 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. Procore Technologies' downside and upside margins for the forecasting period are 63.25 and 68.03, respectively. We have considered Procore Technologies' 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 Procore Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Procore Technologies 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 | 119.1882 |
| Bias | Arithmetic mean of the errors | 0.1444 |
| MAD | Mean absolute deviation | 1.1595 |
| MAPE | Mean absolute percentage error | 0.016 |
| SAE | Sum of the absolute errors | 70.73 |
Predictive Modules for Procore Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Procore Technologies. 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.Procore Technologies After-Hype Price Prediction Density Analysis
As far as predicting the price of Procore Technologies 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 Procore Technologies 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 Procore Technologies, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Procore Technologies Estimiated After-Hype Price Volatility
In the context of predicting Procore Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Procore Technologies' historical news coverage. Procore Technologies' after-hype downside and upside margins for the prediction period are 63.15 and 67.93, respectively. We have considered Procore Technologies' 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
Procore Technologies is very steady at this time. Analysis and calculation of next after-hype price of Procore Technologies is based on 3 months time horizon.
Procore Technologies Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Procore Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Procore Technologies 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 Procore Technologies, 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 |
0.18 | 2.39 | 0.10 | 0.16 | 27 Events / Month | 8 Events / Month | In about 27 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
65.64 | 65.54 | 0.15 |
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Procore Technologies Hype Timeline
Procore Technologies is at this time traded for 65.64. The entity has historical hype elasticity of -0.1, and average elasticity to hype of competition of -0.16. Procore is estimated to decline in value after the next headline, with the price expected to drop to 65.54. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.15%, whereas the daily expected return is at this time at -0.18%. The volatility of related hype on Procore Technologies is about 261.77%, with the expected price after the next announcement by competition of 65.48. About 93.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.84. Procore Technologies had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 27 days. Check out Historical Fundamental Analysis of Procore Technologies to cross-verify your projections.Procore Technologies Related Hype Analysis
Having access to credible news sources related to Procore Technologies' direct competition is more important than ever and may enhance your ability to predict Procore Technologies' future price movements. Getting to know how Procore Technologies' 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 Procore Technologies may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DAY | Dayforce | (0.57) | 3 per month | 0.00 | (0.37) | 0.29 | (0.16) | 0.67 | |
| GTM | ZoomInfo Technologies | 0.61 | 10 per month | 0.00 | (0.07) | 4.11 | (4.63) | 16.16 | |
| QXO | QXO Inc | (1.40) | 11 per month | 2.63 | 0.09 | 5.47 | (4.84) | 22.99 | |
| MANH | Manhattan Associates | 3.03 | 9 per month | 0.00 | (0.16) | 2.51 | (4.09) | 7.48 | |
| PEGA | Pegasystems | 0.89 | 11 per month | 0.00 | (0.05) | 4.59 | (4.07) | 21.07 | |
| PAYC | Paycom Software | (0.57) | 9 per month | 0.00 | (0.22) | 2.58 | (3.50) | 13.60 | |
| IDCC | InterDigital | (0.09) | 9 per month | 0.00 | (0.07) | 3.53 | (4.57) | 17.55 | |
| ESTC | Elastic NV | (0.57) | 3 per month | 0.00 | (0.09) | 3.42 | (3.82) | 18.64 | |
| MNDY | MondayCom | (2.15) | 8 per month | 0.00 | (0.20) | 3.21 | (6.07) | 17.07 | |
| DUOL | Duolingo | (8.31) | 10 per month | 0.00 | (0.24) | 4.69 | (5.75) | 28.47 |
Other Forecasting Options for Procore Technologies
For every potential investor in Procore, whether a beginner or expert, Procore Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Procore Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Procore. Basic forecasting techniques help filter out the noise by identifying Procore Technologies' price trends.Procore Technologies 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 Procore Technologies stock to make a market-neutral strategy. Peer analysis of Procore Technologies could also be used in its relative valuation, which is a method of valuing Procore Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Procore Technologies Market Strength Events
Market strength indicators help investors to evaluate how Procore Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Procore Technologies shares will generate the highest return on investment. By undertsting and applying Procore Technologies stock market strength indicators, traders can identify Procore Technologies entry and exit signals to maximize returns.
| Accumulation Distribution | 28184.89 | |||
| Daily Balance Of Power | 0.5164 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 65.25 | |||
| Day Typical Price | 65.38 | |||
| Price Action Indicator | 0.7 | |||
| Period Momentum Indicator | 0.63 |
Procore Technologies Risk Indicators
The analysis of Procore Technologies' 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 Procore Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting procore 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 | 1.63 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.68 |
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 Procore Technologies
The number of cover stories for Procore Technologies depends on current market conditions and Procore Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Procore Technologies 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 Procore Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Procore Technologies Short Properties
Procore Technologies' future price predictability will typically decrease when Procore Technologies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Procore Technologies often depends not only on the future outlook of the potential Procore Technologies' 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. Procore Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 147.4 M | |
| Cash And Short Term Investments | 775.4 M |
Additional Tools for Procore Stock Analysis
When running Procore Technologies' price analysis, check to measure Procore Technologies' 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 Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.