Phathom Pharmaceuticals Stock Forecast - Simple Exponential Smoothing

Phathom Pharmaceuticals Additional Predictive Modules

Most predictive techniques to examine Phathom price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Phathom using various technical indicators. When you analyze Phathom 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. Phathom Pharmaceuticals simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Phathom Pharmaceuticals are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Phathom Pharmaceuticals prices get older.

Phathom Pharmaceuticals Simple Exponential Smoothing Price Forecast For the 3rd of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Phathom Pharmaceuticals on the next trading day is expected to be 15.71 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.20, and the sum of the absolute errors of 20.75.

Phathom Pharmaceuticals Stock Forecast Pattern

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Phathom Pharmaceuticals Price Prediction

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Phathom Pharmaceuticals Forecasted Value

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 Phathom Pharmaceuticals stock data series using in forecasting. Note that when a statistical model is used to represent Phathom Pharmaceuticals 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. This simple exponential smoothing model begins by setting Phathom Pharmaceuticals forecast for the second period equal to the observation of the first period. In other words, recent Phathom Pharmaceuticals observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Phathom Pharmaceuticals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phathom Pharmaceuticals. 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.

Hype Prediction Low Estimated High 12.59 15.71 18.83 Details

Intrinsic Valuation Low Real High 11.91 15.03 18.15 Details

Bollinger Band Projection (param) Low Middle High 13.26 15.57 17.87 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Phathom Pharmaceuticals. Your research has to be compared to or analyzed against Phathom Pharmaceuticals' peers to derive any actionable benefits. When done correctly, Phathom Pharmaceuticals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Phathom Pharmaceuticals.

Other Forecasting Options for Phathom Pharmaceuticals

For every potential investor in Phathom, whether a beginner or expert, Phathom Pharmaceuticals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Phathom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Phathom. Basic forecasting techniques help filter out the noise by identifying Phathom Pharmaceuticals' price trends.

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Phathom Pharmaceuticals 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 Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals' current price.

Phathom Pharmaceuticals Market Strength Events

Phathom Pharmaceuticals Risk Indicators

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