Renatus Tactical Stock Forecast - Double Exponential Smoothing

RTAC Stock   10.81  0.10  0.93%   
Renatus Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Renatus Tactical stock prices and determine the direction of Renatus Tactical Acquisition's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Renatus Tactical's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the relative strength index (RSI) of Renatus Tactical's share price is approaching 48 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 Renatus Tactical, making its price go up or down.

Momentum 48

 Impartial

 
Oversold
 
Overbought
The successful prediction of Renatus Tactical's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Renatus Tactical Acquisition, which may create opportunities for some arbitrage if properly timed.
Using Renatus Tactical hype-based prediction, you can estimate the value of Renatus Tactical Acquisition from the perspective of Renatus Tactical response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Renatus Tactical Acquisition on the next trading day is expected to be 10.79 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.99.

Renatus Tactical after-hype prediction price

    
  USD 10.72  
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 Renatus Tactical to cross-verify your projections.

Renatus Tactical Additional Predictive Modules

Most predictive techniques to examine Renatus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Renatus using various technical indicators. When you analyze Renatus 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Renatus Tactical works best with periods where there are trends or seasonality.

Renatus Tactical Double Exponential Smoothing Price Forecast For the 28th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Renatus Tactical Acquisition on the next trading day is expected to be 10.79 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.99.
Please note that although there have been many attempts to predict Renatus 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 Renatus Tactical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Renatus Tactical Stock Forecast Pattern

Backtest Renatus Tactical  Renatus Tactical Price Prediction  Buy or Sell Advice  

Renatus Tactical Forecasted Value

In the context of forecasting Renatus Tactical'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. Renatus Tactical's downside and upside margins for the forecasting period are 9.87 and 11.71, respectively. We have considered Renatus Tactical'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.
Market Value
10.81
10.79
Expected Value
11.71
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Renatus Tactical stock data series using in forecasting. Note that when a statistical model is used to represent Renatus Tactical 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0181
MADMean absolute deviation0.0845
MAPEMean absolute percentage error0.0078
SAESum of the absolute errors4.9868
When Renatus Tactical Acquisition prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Renatus Tactical Acquisition trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Renatus Tactical observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Renatus Tactical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Renatus Tactical Acq. 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
LowEstimatedHigh
9.8010.7211.64
Details
Intrinsic
Valuation
LowRealHigh
9.8710.7911.71
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.5110.7711.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Renatus Tactical. Your research has to be compared to or analyzed against Renatus Tactical's peers to derive any actionable benefits. When done correctly, Renatus Tactical's 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 Renatus Tactical Acq.

Renatus Tactical After-Hype Price Density Analysis

As far as predicting the price of Renatus Tactical 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 Renatus Tactical 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 Renatus Tactical, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Renatus Tactical Estimiated After-Hype Price Volatility

In the context of predicting Renatus Tactical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Renatus Tactical's historical news coverage. Renatus Tactical's after-hype downside and upside margins for the prediction period are 9.80 and 11.64, respectively. We have considered Renatus Tactical'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
10.81
10.72
After-hype Price
11.64
Upside
Renatus Tactical is very steady at this time. Analysis and calculation of next after-hype price of Renatus Tactical Acq is based on 3 months time horizon.

Renatus Tactical Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Renatus Tactical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Renatus Tactical 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 Renatus Tactical, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
0.92
 0.00  
  0.01 
1 Events / Month
3 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
10.81
10.72
0.00 
2,300  
Notes

Renatus Tactical Hype Timeline

Renatus Tactical Acq is at this time traded for 10.81. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Renatus is forecasted 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 forecasted to be very small, whereas the daily expected return is at this time at -0.07%. %. The volatility of related hype on Renatus Tactical is about 1051.43%, with the expected price after the next announcement by competition of 10.80. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be very soon.
Check out Historical Fundamental Analysis of Renatus Tactical to cross-verify your projections.

Renatus Tactical Related Hype Analysis

Having access to credible news sources related to Renatus Tactical's direct competition is more important than ever and may enhance your ability to predict Renatus Tactical's future price movements. Getting to know how Renatus Tactical'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 Renatus Tactical may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Renatus Tactical

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

Renatus Tactical 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 Renatus Tactical stock to make a market-neutral strategy. Peer analysis of Renatus Tactical could also be used in its relative valuation, which is a method of valuing Renatus Tactical by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Renatus Tactical Market Strength Events

Market strength indicators help investors to evaluate how Renatus Tactical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renatus Tactical shares will generate the highest return on investment. By undertsting and applying Renatus Tactical stock market strength indicators, traders can identify Renatus Tactical Acquisition entry and exit signals to maximize returns.

Renatus Tactical Risk Indicators

The analysis of Renatus Tactical'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 Renatus Tactical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting renatus 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.
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 Renatus Tactical

The number of cover stories for Renatus Tactical depends on current market conditions and Renatus Tactical's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Renatus Tactical 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 Renatus Tactical's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
When determining whether Renatus Tactical Acq is a strong investment it is important to analyze Renatus Tactical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Renatus Tactical's future performance. For an informed investment choice regarding Renatus Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Renatus Tactical to cross-verify your projections.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Diversified Capital Markets 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 Renatus Tactical. If investors know Renatus 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 Renatus Tactical 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 Renatus Tactical Acq is measured differently than its book value, which is the value of Renatus that is recorded on the company's balance sheet. Investors also form their own opinion of Renatus Tactical's value that differs from its market value or its book value, called intrinsic value, which is Renatus Tactical's 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 Renatus Tactical's market value can be influenced by many factors that don't directly affect Renatus Tactical's 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 Renatus Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renatus Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renatus Tactical's 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.