SmartRent Stock Forward View - Simple Moving Average
| SMRT Stock | USD 1.33 -0.01 -0.75% |
This Simple Moving Average projection for SmartRent is fitted to the equity's recent daily closes. Low error metrics relative to the price level indicate the model fits recent trading behavior well. Older observations carry less weight in the current projection as the price series extends. High SAE relative to the price level signals cumulative forecast drift over the evaluation period. The Simple Moving Average model projects SmartRent at 1.33 for the next trading day, above the most recent closing price. This forecast is one analytical input among many and should be assessed in the context of broader analysis.
Simple Moving Average Price Forecast For the 30th of April
Over a 90-day horizon, the Simple Moving Average model forecasts SmartRent at 1.33 for the next trading day, with a mean absolute deviation of 0.05 , mean absolute percentage error of 0.03 , and sum of absolute errors of 2.82 .This represents a tight forecast with good short-term tracking of SmartRent's price movement. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest SmartRent | SmartRent Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast range for SmartRent defines statistically derived downside and upside boundaries based on model performance. Downside is estimated near 0.01 and upside near 5.20. The wide range indicates elevated uncertainty in short-term projections.
Model Predictive Factors
The table below summarizes the Simple Moving Average model's error metrics for SmartRent stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 109.0387 |
| Bias | Arithmetic mean of the errors | 0.0092 |
| MAD | Mean absolute deviation | 0.0479 |
| MAPE | Mean absolute percentage error | 0.0302 |
| SAE | Sum of the absolute errors | 2.825 |
Other Forecasting Options for SmartRent
Fibonacci retracement levels applied to SmartRent Stock price swings identify potential support and resistance zones. Extreme price moves in SmartRent occur more frequently than standard risk models assume. Support and resistance levels derived from SmartRent's historical data identify zones where buying or selling pressure has stalled moves. A volume spike without a corresponding price move signals accumulation or distribution ahead of a directional breakout.SmartRent Related Equities
Checking SmartRent against related firms within the Information Technology space reveals where the stock stands among peers. Market cap and total value checks frame SmartRent's size within the competitive field.
| Risk & Return | Correlation |
SmartRent Market Strength Events
Rate of Change and Momentum readings for SmartRent measure the velocity of recent price moves rather than direction alone. These indicators add context to how recent sessions in SmartRent have behaved. These indicators are most informative when viewed alongside SmartRent's volume profile and volatility measures. The Price Action Indicator distills each session's open-high-low-close into a single directional score for SmartRent.
SmartRent Risk Indicators
Standard deviation and variance for SmartRent measure total price dispersion, while semi-deviation isolates only the downside moves. Higher variance relative to sector peers signals that SmartRent's price path has been less predictable over the measured period. Analyzing SmartRent's risk indicators helps explain how recent moves compare with its broader trading range. A narrow gap between mean deviation and standard deviation indicates that SmartRent's return distribution is relatively symmetric.
| Mean Deviation | 2.6 | |||
| Standard Deviation | 3.81 | |||
| Variance | 14.54 |
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.
SmartRent Short Properties
Short sentiment tied to SmartRent matters because heavier bearish pressure can change how quickly future price expectations become unstable. Comparing short sentiment with trend behavior, volume, and the broader market narrative provides a more grounded view.
| Common Stock Shares Outstanding | 189.7 M | |
| Cash And Short Term Investments | 104.5 M |