Tenable Holdings Stock Forecast - Simple Exponential Smoothing
| TENB Stock | USD 43.39 1.13 2.67% |
The Simple Exponential Smoothing forecasted value of Tenable Holdings on the next trading day is expected to be 43.39 with a mean absolute deviation of 0.64 and the sum of the absolute errors of 38.64. Tenable Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tenable Holdings stock prices and determine the direction of Tenable Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tenable Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Tenable |
Open Interest Against 2025-04-17 Tenable Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Tenable Holdings' 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 Tenable Holdings' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Tenable Holdings 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 Tenable Holdings' open interest, investors have to compare it to Tenable Holdings' 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 Tenable Holdings 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 Tenable. 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.
Tenable Holdings Simple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Tenable Holdings on the next trading day is expected to be 43.39 with a mean absolute deviation of 0.64, mean absolute percentage error of 0.77, and the sum of the absolute errors of 38.64.Please note that although there have been many attempts to predict Tenable 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 Tenable Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Tenable Holdings Stock Forecast Pattern
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Tenable Holdings Forecasted Value
In the context of forecasting Tenable Holdings' 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. Tenable Holdings' downside and upside margins for the forecasting period are 41.21 and 45.57, respectively. We have considered Tenable Holdings' 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 Tenable Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Tenable Holdings 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 | 116.0124 |
| Bias | Arithmetic mean of the errors | -0.0293 |
| MAD | Mean absolute deviation | 0.644 |
| MAPE | Mean absolute percentage error | 0.0156 |
| SAE | Sum of the absolute errors | 38.64 |
Predictive Modules for Tenable Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tenable Holdings. 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.Other Forecasting Options for Tenable Holdings
For every potential investor in Tenable, whether a beginner or expert, Tenable Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tenable Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tenable. Basic forecasting techniques help filter out the noise by identifying Tenable Holdings' price trends.View Tenable Holdings Related Equities
| Risk & Return | Correlation |
Tenable Holdings 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 Tenable Holdings' 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 Tenable Holdings' current price.| Cycle Indicators | ||
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Tenable Holdings Market Strength Events
Market strength indicators help investors to evaluate how Tenable Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tenable Holdings shares will generate the highest return on investment. By undertsting and applying Tenable Holdings stock market strength indicators, traders can identify Tenable Holdings entry and exit signals to maximize returns.
Tenable Holdings Risk Indicators
The analysis of Tenable Holdings' 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 Tenable Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tenable 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 | 1.54 | |||
| Semi Deviation | 2.08 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.46 | |||
| Downside Variance | 4.47 | |||
| Semi Variance | 4.31 | |||
| Expected Short fall | (1.46) |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tenable Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenable Holdings' 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 Tenable Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenable Holdings Stock:Check out Historical Fundamental Analysis of Tenable Holdings to cross-verify your projections. For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.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 Systems Software 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 Tenable Holdings. If investors know Tenable 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 Tenable Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Revenue Per Share | Quarterly Revenue Growth 0.127 | Return On Assets | Return On Equity |
The market value of Tenable Holdings is measured differently than its book value, which is the value of Tenable that is recorded on the company's balance sheet. Investors also form their own opinion of Tenable Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tenable Holdings' 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 Tenable Holdings' market value can be influenced by many factors that don't directly affect Tenable Holdings' 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 Tenable Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenable Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenable Holdings' 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.