Veris Residential Stock Forecast - Naive Prediction

VRE Stock  USD 18.43  0.04  0.22%   
The Naive Prediction forecasted value of Veris Residential on the next trading day is expected to be 18.32 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.18. Veris Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Veris Residential stock prices and determine the direction of Veris Residential's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Veris Residential's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Veris Residential's Receivables Turnover is projected to increase significantly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.14, whereas Inventory Turnover is forecasted to decline to 0.91. . As of November 23, 2024, Common Stock Shares Outstanding is expected to decline to about 85.2 M. The current year's Net Loss is expected to grow to about (44.5 M).

Veris Residential Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Veris Residential's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
1996-12-31
Previous Quarter
40.9 M
Current Value
12.8 M
Quarterly Volatility
75.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Veris Residential is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Veris Residential 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.

Veris Residential Naive Prediction Price Forecast For the 24th of November

Given 90 days horizon, the Naive Prediction forecasted value of Veris Residential on the next trading day is expected to be 18.32 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.09, and the sum of the absolute errors of 13.18.
Please note that although there have been many attempts to predict Veris 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 Veris Residential's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Veris Residential Stock Forecast Pattern

Backtest Veris ResidentialVeris Residential Price PredictionBuy or Sell Advice 

Veris Residential Forecasted Value

In the context of forecasting Veris Residential'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. Veris Residential's downside and upside margins for the forecasting period are 17.02 and 19.61, respectively. We have considered Veris Residential'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
18.43
18.32
Expected Value
19.61
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 Veris Residential stock data series using in forecasting. Note that when a statistical model is used to represent Veris Residential 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 Criteria115.7002
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2161
MAPEMean absolute percentage error0.0125
SAESum of the absolute errors13.1801
This model is not at all useful as a medium-long range forecasting tool of Veris Residential. 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 Veris Residential. 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 Veris Residential

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Veris Residential. 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
17.0418.3419.64
Details
Intrinsic
Valuation
LowRealHigh
17.0318.3319.63
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.3818.4218.45
Details
6 Analysts
Consensus
LowTargetHigh
17.1118.8020.87
Details

Other Forecasting Options for Veris Residential

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

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

Veris Residential 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 Veris Residential's 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 Veris Residential's current price.

Veris Residential Market Strength Events

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

Veris Residential Risk Indicators

The analysis of Veris Residential'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 Veris Residential's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting veris 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.

Also Currently Popular

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 Veris Residential is a strong investment it is important to analyze Veris Residential'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 Veris Residential's future performance. For an informed investment choice regarding Veris Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Veris Residential to cross-verify your projections.
For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Real Estate Management & Development 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 Veris Residential. If investors know Veris 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 Veris Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.235
Earnings Share
(0.67)
Revenue Per Share
3.171
Quarterly Revenue Growth
0.016
Return On Assets
0.0074
The market value of Veris Residential is measured differently than its book value, which is the value of Veris that is recorded on the company's balance sheet. Investors also form their own opinion of Veris Residential's value that differs from its market value or its book value, called intrinsic value, which is Veris Residential'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 Veris Residential's market value can be influenced by many factors that don't directly affect Veris Residential'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 Veris Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veris Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veris Residential'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.