Sarepta Therapeutics Stock Forecast - Naive Prediction

SRPT Stock  USD 110.50  0.36  0.32%   
The Naive Prediction forecasted value of Sarepta Therapeutics on the next trading day is expected to be 106.80 with a mean absolute deviation of 2.42 and the sum of the absolute errors of 150.23. Sarepta Stock Forecast is based on your current time horizon.
  
At this time, Sarepta Therapeutics' Receivables Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.40 in 2024, whereas Inventory Turnover is likely to drop 0.44 in 2024. . Common Stock Shares Outstanding is likely to gain to about 97 M in 2024, despite the fact that Net Loss is likely to grow to (601.5 M).
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Sarepta Therapeutics' financial statements to predict how it will affect future prices.
 
Cash  
First Reported
1996-12-31
Previous Quarter
383.6 M
Current Value
197.9 M
Quarterly Volatility
472.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Sarepta Therapeutics is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Sarepta Therapeutics 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.

Sarepta Therapeutics Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of Sarepta Therapeutics on the next trading day is expected to be 106.80 with a mean absolute deviation of 2.42, mean absolute percentage error of 8.57, and the sum of the absolute errors of 150.23.
Please note that although there have been many attempts to predict Sarepta 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 Sarepta Therapeutics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sarepta Therapeutics Stock Forecast Pattern

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Sarepta Therapeutics Forecasted Value

In the context of forecasting Sarepta Therapeutics' 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. Sarepta Therapeutics' downside and upside margins for the forecasting period are 104.98 and 108.62, respectively. We have considered Sarepta Therapeutics' 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
110.50
104.98
Downside
106.80
Expected Value
108.62
Upside

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 Sarepta Therapeutics stock data series using in forecasting. Note that when a statistical model is used to represent Sarepta Therapeutics 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 Criteria122.097
BiasArithmetic mean of the errors None
MADMean absolute deviation2.423
MAPEMean absolute percentage error0.02
SAESum of the absolute errors150.2269
This model is not at all useful as a medium-long range forecasting tool of Sarepta Therapeutics. 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 Sarepta Therapeutics. 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 Sarepta Therapeutics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sarepta Therapeutics. 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
104.38106.19121.55
Details
Intrinsic
Valuation
LowRealHigh
99.45131.74133.55
Details
Bollinger
Band Projection (param)
LowMiddleHigh
100.00114.93129.86
Details
22 Analysts
Consensus
LowTargetHigh
164.36180.61200.48
Details

Other Forecasting Options for Sarepta Therapeutics

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

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

Sarepta Therapeutics 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 Sarepta Therapeutics' 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 Sarepta Therapeutics' current price.

Sarepta Therapeutics Market Strength Events

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

Sarepta Therapeutics Risk Indicators

The analysis of Sarepta Therapeutics' 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 Sarepta Therapeutics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sarepta 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.

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Sarepta Stock Analysis

When running Sarepta Therapeutics' price analysis, check to measure Sarepta Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sarepta Therapeutics is operating at the current time. Most of Sarepta Therapeutics' value examination focuses on studying past and present price action to predict the probability of Sarepta Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sarepta Therapeutics' price. Additionally, you may evaluate how the addition of Sarepta Therapeutics to your portfolios can decrease your overall portfolio volatility.