Peraso Stock Forecast - 20 Period Moving Average
| PRSO Stock | USD 0.83 0.03 3.49% |
The 20 Period Moving Average forecasted value of Peraso Inc on the next trading day is expected to be 1.33 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 12.54. Peraso Stock Forecast is based on your current time horizon. Although Peraso's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Peraso's systematic risk associated with finding meaningful patterns of Peraso fundamentals over time.
Peraso |
Peraso 20 Period Moving Average Price Forecast For the 21st of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Peraso Inc on the next trading day is expected to be 1.33 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.15, and the sum of the absolute errors of 12.54.Please note that although there have been many attempts to predict Peraso 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 Peraso's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Peraso Stock Forecast Pattern
| Backtest Peraso | Peraso Price Prediction | Buy or Sell Advice |
Peraso Forecasted Value
In the context of forecasting Peraso'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. Peraso's downside and upside margins for the forecasting period are 0.01 and 8.10, respectively. We have considered Peraso'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Peraso stock data series using in forecasting. Note that when a statistical model is used to represent Peraso 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 | 79.4238 |
| Bias | Arithmetic mean of the errors | 0.0705 |
| MAD | Mean absolute deviation | 0.3057 |
| MAPE | Mean absolute percentage error | 0.2669 |
| SAE | Sum of the absolute errors | 12.535 |
Predictive Modules for Peraso
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Peraso Inc. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Peraso's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Peraso
For every potential investor in Peraso, whether a beginner or expert, Peraso's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Peraso Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Peraso. Basic forecasting techniques help filter out the noise by identifying Peraso's price trends.Peraso 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 Peraso stock to make a market-neutral strategy. Peer analysis of Peraso could also be used in its relative valuation, which is a method of valuing Peraso by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Peraso Inc 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 Peraso'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 Peraso's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Peraso Market Strength Events
Market strength indicators help investors to evaluate how Peraso stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Peraso shares will generate the highest return on investment. By undertsting and applying Peraso stock market strength indicators, traders can identify Peraso Inc entry and exit signals to maximize returns.
Peraso Risk Indicators
The analysis of Peraso'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 Peraso's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting peraso 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 | 4.77 | |||
| Standard Deviation | 6.68 | |||
| Variance | 44.59 |
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.
Pair Trading with Peraso
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Peraso position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Peraso will appreciate offsetting losses from the drop in the long position's value.Moving together with Peraso Stock
Moving against Peraso Stock
| 0.49 | CAN | Canaan Inc Earnings Call This Week | PairCorr |
| 0.47 | GFS | Globalfoundries Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Peraso could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peraso when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Peraso - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Peraso Inc to buy it.
The correlation of Peraso is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Peraso moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peraso Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Peraso can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Peraso to cross-verify your projections. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Semiconductors & Semiconductor Equipment 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 Peraso. If investors know Peraso 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 Peraso listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 291.393 | Earnings Share (16.53) | Revenue Per Share 8.774 | Quarterly Revenue Growth 0.764 | Return On Assets (0.80) |
The market value of Peraso Inc is measured differently than its book value, which is the value of Peraso that is recorded on the company's balance sheet. Investors also form their own opinion of Peraso's value that differs from its market value or its book value, called intrinsic value, which is Peraso'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 Peraso's market value can be influenced by many factors that don't directly affect Peraso'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 Peraso's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peraso is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peraso'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.