PROS Holdings Stock Forecast - Naive Prediction

PROS Holdings Additional Predictive Modules

Most predictive techniques to examine PROS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PROS using various technical indicators. When you analyze PROS 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. A naive forecasting model for PROS Holdings is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of PROS Holdings value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

PROS Holdings Naive Prediction Price Forecast For the 29th of January

Given 90 days horizon, the Naive Prediction forecasted value of PROS Holdings on the next trading day is expected to be 23.90 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.50, and the sum of the absolute errors of 23.23.

PROS Holdings Stock Forecast Pattern

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PROS Holdings Price Prediction

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of PROS Holdings stock data series using in forecasting. Note that when a statistical model is used to represent PROS 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. This model is not at all useful as a medium-long range forecasting tool of PROS Holdings. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict PROS Holdings. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for PROS 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 PROS 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.

Hype Prediction Low Estimated High 23.13 23.25 23.37 Details

Intrinsic Valuation Low Real High 17.89 18.01 25.58 Details

Bollinger Band Projection (param) Low Middle High 23.03 23.16 23.28 Details

PROS Holdings After-Hype Price Density Analysis

PROS Holdings Estimiated After-Hype Price Volatility

PROS Holdings Stock Price Outlook Analysis

Notes

PROS Holdings Hype Timeline

On the 28th of January PROS Holdings is traded for 23.25. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. PROS is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.04%. %. The volatility of related hype on PROS Holdings is about 14.93%, with the expected price after the next announcement by competition of 23.28. About 90.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.75. PROS Holdings recorded a loss per share of 0.28. The entity had not issued any dividends in recent years. Considering the 90-day investment horizon the next projected press release will be in about 7 days. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

PROS Holdings Related Hype Analysis

PROS Holdings Related Equities

Risk & Return

Correlation

PROS Holdings Market Strength Events

PROS Holdings Risk Indicators

Story Coverage note for PROS Holdings

PROS Holdings Short Properties

Other Consideration for investing in PROS Stock