Presurance Holdings Stock Forecast - Simple Exponential Smoothing
| PRHI Stock | 0.69 0.02 2.76% |
The Simple Exponential Smoothing forecasted value of Presurance Holdings on the next trading day is expected to be 0.69 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.63. Presurance Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Presurance Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 2nd of January 2026 the relative strength index (rsi) of Presurance Holdings' 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 |
Using Presurance Holdings hype-based prediction, you can estimate the value of Presurance Holdings from the perspective of Presurance Holdings response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Presurance Holdings on the next trading day is expected to be 0.69 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.63. Presurance Holdings after-hype prediction price | USD 0.48 |
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.
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Presurance Holdings Additional Predictive Modules
Most predictive techniques to examine Presurance price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Presurance using various technical indicators. When you analyze Presurance 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 |
Presurance Holdings Simple Exponential Smoothing Price Forecast For the 3rd of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Presurance Holdings on the next trading day is expected to be 0.69 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.63.Please note that although there have been many attempts to predict Presurance 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 Presurance Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Presurance Holdings Stock Forecast Pattern
| Backtest Presurance Holdings | Presurance Holdings Price Prediction | Buy or Sell Advice |
Presurance Holdings Forecasted Value
In the context of forecasting Presurance Holdings' 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. Presurance Holdings' downside and upside margins for the forecasting period are 0.01 and 8.30, respectively. We have considered Presurance Holdings' 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 Presurance Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Presurance Holdings 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 | 110.6142 |
| Bias | Arithmetic mean of the errors | 0.0168 |
| MAD | Mean absolute deviation | 0.0438 |
| MAPE | Mean absolute percentage error | 0.0401 |
| SAE | Sum of the absolute errors | 2.6296 |
Predictive Modules for Presurance Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Presurance Holdings. 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 Presurance Holdings
For every potential investor in Presurance, whether a beginner or expert, Presurance Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Presurance Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Presurance. Basic forecasting techniques help filter out the noise by identifying Presurance Holdings' price trends.Presurance Holdings 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 Presurance Holdings stock to make a market-neutral strategy. Peer analysis of Presurance Holdings could also be used in its relative valuation, which is a method of valuing Presurance Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Presurance Holdings 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 Presurance Holdings' 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 Presurance Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Presurance Holdings Market Strength Events
Market strength indicators help investors to evaluate how Presurance Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Presurance Holdings shares will generate the highest return on investment. By undertsting and applying Presurance Holdings stock market strength indicators, traders can identify Presurance Holdings entry and exit signals to maximize returns.
Presurance Holdings Risk Indicators
The analysis of Presurance Holdings' 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 Presurance Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting presurance 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 | 4.82 | |||
| Standard Deviation | 8.03 | |||
| Variance | 64.46 |
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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When determining whether Presurance Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Presurance Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Presurance Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Presurance Holdings Stock:Check out Historical Fundamental Analysis of Presurance Holdings to cross-verify your projections. For more detail on how to invest in Presurance Stock please use our How to Invest in Presurance Holdings guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Presurance Holdings. If investors know Presurance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Presurance Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Presurance Holdings is measured differently than its book value, which is the value of Presurance that is recorded on the company's balance sheet. Investors also form their own opinion of Presurance Holdings' value that differs from its market value or its book value, called intrinsic value, which is Presurance Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Presurance Holdings' market value can be influenced by many factors that don't directly affect Presurance Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Presurance Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Presurance Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Presurance Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.