Viq Solutions Stock Forecast - Simple Moving Average

VQS Stock  CAD 0.18  0.01  5.88%   
The Simple Moving Average forecasted value of Viq Solutions on the next trading day is expected to be 0.17 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.59. Viq Stock Forecast is based on your current time horizon. Although Viq Solutions' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Viq Solutions' systematic risk associated with finding meaningful patterns of Viq Solutions fundamentals over time.
  
At this time, Viq Solutions' Payables Turnover is very stable compared to the past year. As of the 11th of December 2024, Asset Turnover is likely to grow to 1.86, while Inventory Turnover is likely to drop 495.12. . As of the 11th of December 2024, Common Stock Shares Outstanding is likely to grow to about 54.1 M, while Net Loss is likely to drop (8.2 M).
A two period moving average forecast for Viq Solutions is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Viq Solutions Simple Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Viq Solutions on the next trading day is expected to be 0.17 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.59.
Please note that although there have been many attempts to predict Viq 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 Viq Solutions' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Viq Solutions Stock Forecast Pattern

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Viq Solutions Forecasted Value

In the context of forecasting Viq Solutions' 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. Viq Solutions' downside and upside margins for the forecasting period are 0 and 6.68, respectively. We have considered Viq Solutions' 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
0.18
0.17
Expected Value
6.68
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Viq Solutions stock data series using in forecasting. Note that when a statistical model is used to represent Viq Solutions 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 Criteria105.747
BiasArithmetic mean of the errors 3.0E-4
MADMean absolute deviation0.01
MAPEMean absolute percentage error0.0467
SAESum of the absolute errors0.59
The simple moving average model is conceptually a linear regression of the current value of Viq Solutions price series against current and previous (unobserved) value of Viq Solutions. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Viq Solutions

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Viq Solutions. 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
0.010.176.67
Details
Intrinsic
Valuation
LowRealHigh
0.010.166.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Other Forecasting Options for Viq Solutions

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

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

Viq Solutions 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 Viq Solutions' 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 Viq Solutions' current price.

Viq Solutions Market Strength Events

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

Viq Solutions Risk Indicators

The analysis of Viq Solutions' 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 Viq Solutions' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting viq 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.

Other Information on Investing in Viq Stock

Viq Solutions financial ratios help investors to determine whether Viq Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Viq with respect to the benefits of owning Viq Solutions security.