ProKidney Corp Stock Forward View - Simple Exponential Smoothing
| PROK Stock | USD 2.09 0.07 3.47% |
ProKidney Stock outlook is based on your current time horizon. Although ProKidney Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of ProKidney Corp's systematic risk associated with finding meaningful patterns of ProKidney Corp fundamentals over time.
As of now, the RSI of ProKidney Corp's share price is approaching 39 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling ProKidney Corp, making its price go up or down. Momentum 39
Sell Extended
Oversold | Overbought |
EPS Estimate Next Quarter (0.14) | EPS Estimate Current Year (0.59) | EPS Estimate Next Year (0.64) | Wall Street Target Price 6.25 | EPS Estimate Current Quarter (0.14) |
Using ProKidney Corp hype-based prediction, you can estimate the value of ProKidney Corp from the perspective of ProKidney Corp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards ProKidney Corp using ProKidney Corp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards ProKidney using crowd psychology based on the activity and movement of ProKidney Corp's stock price.
ProKidney Corp Short Interest
An investor who is long ProKidney Corp may also wish to track short interest. As short interest increases, investors should be becoming more worried about ProKidney Corp and may potentially protect profits, hedge ProKidney Corp with its derivative instruments, or be ready for some potential downside.
200 Day MA 2.1761 | Short Percent 0.1517 | Short Ratio 14.99 | Shares Short Prior Month 15.3 M | 50 Day MA 2.2108 |
ProKidney Relative Strength Index
The Simple Exponential Smoothing forecasted value of ProKidney Corp on the next trading day is expected to be 2.08 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.72.ProKidney Corp Hype to Price Pattern
Investor biases related to ProKidney Corp's public news can be used to forecast risks associated with an investment in ProKidney. The trend in average sentiment can be used to explain how an investor holding ProKidney can time the market purely based on public headlines and social activities around ProKidney Corp. 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 ProKidney Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about ProKidney Corp.
ProKidney Corp Implied Volatility | 2.18 |
ProKidney Corp's implied volatility exposes the market's sentiment of ProKidney Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ProKidney Corp'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 ProKidney Corp stock will not fluctuate a lot when ProKidney Corp's options are near their expiration.
The Simple Exponential Smoothing forecasted value of ProKidney Corp on the next trading day is expected to be 2.08 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.72. ProKidney Corp after-hype prediction price | USD 2.03 |
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.
ProKidney | Build AI portfolio with ProKidney Stock |
Prediction based on Rule 16 of the current ProKidney contract
Based on the Rule 16, the options market is currently suggesting that ProKidney Corp will have an average daily up or down price movement of about 0.14% per day over the life of the 2026-04-17 option contract. With ProKidney Corp trading at USD 2.09, that is roughly USD 0.002848 . If you think that the market is fully incorporating ProKidney Corp's daily price movement you should consider acquiring ProKidney Corp options at the current volatility level of 2.18%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 ProKidney Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast ProKidney Corp'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 ProKidney Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for ProKidney Corp 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 ProKidney Corp's open interest, investors have to compare it to ProKidney Corp'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 ProKidney Corp 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 ProKidney. 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.
ProKidney Corp Additional Predictive Modules
Most predictive techniques to examine ProKidney price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ProKidney using various technical indicators. When you analyze ProKidney 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 |
ProKidney Corp Simple Exponential Smoothing Price Forecast For the 19th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of ProKidney Corp on the next trading day is expected to be 2.08 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.72.Please note that although there have been many attempts to predict ProKidney Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that ProKidney Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ProKidney Corp Stock Forecast Pattern
| Backtest ProKidney Corp | ProKidney Corp Price Prediction | Research Analysis |
ProKidney Corp Forecasted Value
In the context of forecasting ProKidney Corp'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. ProKidney Corp's downside and upside margins for the forecasting period are 0.02 and 6.60, respectively. We have considered ProKidney Corp'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 ProKidney Corp stock data series using in forecasting. Note that when a statistical model is used to represent ProKidney Corp 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 | 111.7463 |
| Bias | Arithmetic mean of the errors | 0.0039 |
| MAD | Mean absolute deviation | 0.0788 |
| MAPE | Mean absolute percentage error | 0.036 |
| SAE | Sum of the absolute errors | 4.725 |
Predictive Modules for ProKidney Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProKidney Corp. 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.ProKidney Corp After-Hype Price Density Analysis
As far as predicting the price of ProKidney Corp 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 ProKidney Corp 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 ProKidney Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
ProKidney Corp Estimiated After-Hype Price Volatility
In the context of predicting ProKidney Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ProKidney Corp's historical news coverage. ProKidney Corp's after-hype downside and upside margins for the prediction period are 0.10 and 6.54, respectively. We have considered ProKidney Corp'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
ProKidney Corp is risky at this time. Analysis and calculation of next after-hype price of ProKidney Corp is based on 3 months time horizon.
ProKidney Corp Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as ProKidney Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProKidney Corp 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 ProKidney Corp, 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 |
0.04 | 4.51 | 0.01 | 0.01 | 7 Events / Month | 6 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
2.09 | 2.03 | 0.50 |
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ProKidney Corp Hype Timeline
ProKidney Corp is at this time traded for 2.09. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.01. ProKidney is estimated to increase in value after the next headline, with the price projected to jump to 2.03 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is projected to be 0.5%, whereas the daily expected return is at this time at 0.04%. The volatility of related hype on ProKidney Corp is about 1616.49%, with the expected price after the next announcement by competition of 2.08. The company reported the previous year's revenue of 76 K. Net Loss for the year was (163.34 M) with profit before overhead, payroll, taxes, and interest of 744 K. Given the investment horizon of 90 days the next estimated press release will be in about 7 days. Check out Historical Fundamental Analysis of ProKidney Corp to cross-verify your projections.ProKidney Corp Related Hype Analysis
Having access to credible news sources related to ProKidney Corp's direct competition is more important than ever and may enhance your ability to predict ProKidney Corp's future price movements. Getting to know how ProKidney Corp'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 ProKidney Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| KURA | Kura Oncology | (0.21) | 10 per month | 0.00 | (0.09) | 5.01 | (5.77) | 22.83 | |
| EYPT | Eyepoint Pharmaceuticals | (0.42) | 10 per month | 3.22 | 0.09 | 8.15 | (4.98) | 23.49 | |
| BCAX | Bicara Therapeutics Common | (0.47) | 14 per month | 0.00 | (0.02) | 6.05 | (5.00) | 19.25 | |
| TNGX | Tango Therapeutics | (0.19) | 9 per month | 3.32 | 0.13 | 11.29 | (5.65) | 31.20 | |
| SVRA | Savara Inc | (0.1) | 7 per month | 3.22 | 0.11 | 8.43 | (5.30) | 24.50 | |
| RZLT | Rezolute | 0.24 | 8 per month | 15.04 | 0.04 | 18.05 | (9.22) | 98.27 | |
| SEPN | Septerna Common Stock | (0.61) | 6 per month | 2.83 | 0.16 | 7.53 | (5.00) | 27.98 | |
| PRME | Prime Medicine Common | 0.01 | 10 per month | 0.00 | (0.03) | 10.19 | (8.19) | 25.37 | |
| TYRA | Tyra Biosciences | (1.09) | 9 per month | 2.01 | 0.22 | 6.05 | (4.26) | 34.11 | |
| NBTX | Nanobiotix | 0.05 | 10 per month | 3.34 | 0.09 | 6.58 | (5.91) | 21.79 |
Other Forecasting Options for ProKidney Corp
For every potential investor in ProKidney, whether a beginner or expert, ProKidney Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ProKidney Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ProKidney. Basic forecasting techniques help filter out the noise by identifying ProKidney Corp's price trends.ProKidney Corp 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 ProKidney Corp stock to make a market-neutral strategy. Peer analysis of ProKidney Corp could also be used in its relative valuation, which is a method of valuing ProKidney Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ProKidney Corp Market Strength Events
Market strength indicators help investors to evaluate how ProKidney Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProKidney Corp shares will generate the highest return on investment. By undertsting and applying ProKidney Corp stock market strength indicators, traders can identify ProKidney Corp entry and exit signals to maximize returns.
ProKidney Corp Risk Indicators
The analysis of ProKidney Corp'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 ProKidney Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prokidney 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 | 3.71 | |||
| Standard Deviation | 4.95 | |||
| Variance | 24.49 |
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 ProKidney Corp
The number of cover stories for ProKidney Corp depends on current market conditions and ProKidney Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ProKidney Corp 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 ProKidney Corp'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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ProKidney Corp Short Properties
ProKidney Corp's future price predictability will typically decrease when ProKidney Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ProKidney Corp often depends not only on the future outlook of the potential ProKidney Corp'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. ProKidney Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.9 M | |
| Cash And Short Term Investments | 358.3 M |
Check out Historical Fundamental Analysis of ProKidney Corp to cross-verify your projections. For more information on how to buy ProKidney Stock please use our How to buy in ProKidney Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Biotechnology 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 ProKidney Corp. Anticipated expansion of ProKidney directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive ProKidney Corp assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Investors evaluate ProKidney Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ProKidney Corp's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause ProKidney Corp's market price to deviate significantly from intrinsic value.
It's important to distinguish between ProKidney Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProKidney Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, ProKidney Corp's market price signifies the transaction level at which participants voluntarily complete trades.