Palatin Technologies Stock Forecast - Naive Prediction
| PTN Stock | USD 17.20 2.51 17.09% |
The Naive Prediction forecasted value of Palatin Technologies on the next trading day is expected to be 21.15 with a mean absolute deviation of 1.56 and the sum of the absolute errors of 95.09. Palatin Stock Forecast is based on your current time horizon. Although Palatin Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Palatin Technologies' systematic risk associated with finding meaningful patterns of Palatin Technologies fundamentals over time.
As of today the rsi of Palatin 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 Current Year (0.99) | EPS Estimate Next Year (2.17) | Wall Street Target Price 51.5 | EPS Estimate Current Quarter (0.17) | Quarterly Revenue Growth (0.80) |
Using Palatin Technologies hype-based prediction, you can estimate the value of Palatin Technologies from the perspective of Palatin Technologies response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Palatin Technologies on the next trading day is expected to be 21.15 with a mean absolute deviation of 1.56 and the sum of the absolute errors of 95.09. Palatin Technologies after-hype prediction price | USD 19.83 |
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 Palatin Technologies to cross-verify your projections. Palatin Technologies Additional Predictive Modules
Most predictive techniques to examine Palatin price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Palatin using various technical indicators. When you analyze Palatin 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Palatin Technologies Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Palatin Technologies' financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 1996-06-30 | Previous Quarter 2.6 M | Current Value 1.3 M | Quarterly Volatility 20.7 M |
Palatin Technologies Naive Prediction Price Forecast For the 14th of January 2026
Given 90 days horizon, the Naive Prediction forecasted value of Palatin Technologies on the next trading day is expected to be 21.15 with a mean absolute deviation of 1.56, mean absolute percentage error of 4.83, and the sum of the absolute errors of 95.09.Please note that although there have been many attempts to predict Palatin 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 Palatin Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Palatin Technologies Stock Forecast Pattern
| Backtest Palatin Technologies | Palatin Technologies Price Prediction | Buy or Sell Advice |
Palatin Technologies Forecasted Value
In the context of forecasting Palatin 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. Palatin Technologies' downside and upside margins for the forecasting period are 8.09 and 34.21, respectively. We have considered Palatin 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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Palatin Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Palatin 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 | 119.6848 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.5589 |
| MAPE | Mean absolute percentage error | 0.0938 |
| SAE | Sum of the absolute errors | 95.0923 |
Predictive Modules for Palatin 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 Palatin 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Palatin Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Palatin Technologies
For every potential investor in Palatin, whether a beginner or expert, Palatin Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Palatin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Palatin. Basic forecasting techniques help filter out the noise by identifying Palatin Technologies' price trends.Palatin 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 Palatin Technologies stock to make a market-neutral strategy. Peer analysis of Palatin Technologies could also be used in its relative valuation, which is a method of valuing Palatin Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Palatin Technologies 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 Palatin Technologies' 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 Palatin Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Palatin Technologies Market Strength Events
Market strength indicators help investors to evaluate how Palatin 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 Palatin Technologies shares will generate the highest return on investment. By undertsting and applying Palatin Technologies stock market strength indicators, traders can identify Palatin Technologies entry and exit signals to maximize returns.
Palatin Technologies Risk Indicators
The analysis of Palatin 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 Palatin Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting palatin 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 | 8.81 | |||
| Semi Deviation | 6.98 | |||
| Standard Deviation | 12.52 | |||
| Variance | 156.86 | |||
| Downside Variance | 60.77 | |||
| Semi Variance | 48.66 | |||
| Expected Short fall | (11.99) |
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.
When determining whether Palatin Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Palatin Technologies' 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 Palatin Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Palatin Technologies Stock: Check out Historical Fundamental Analysis of Palatin Technologies to cross-verify your projections. To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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 Palatin Technologies. If investors know Palatin 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 Palatin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.18) | Revenue Per Share | Quarterly Revenue Growth (0.80) | Return On Assets | Return On Equity |
The market value of Palatin Technologies is measured differently than its book value, which is the value of Palatin that is recorded on the company's balance sheet. Investors also form their own opinion of Palatin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Palatin Technologies' 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 Palatin Technologies' market value can be influenced by many factors that don't directly affect Palatin Technologies' 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 Palatin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palatin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palatin Technologies' 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.