Riley Exploration Stock Forecast - Double Exponential Smoothing
| REPX Stock | USD 26.68 0.28 1.06% |
The Double Exponential Smoothing forecasted value of Riley Exploration Permian on the next trading day is expected to be 26.65 with a mean absolute deviation of 0.59 and the sum of the absolute errors of 35.49. Riley Stock Forecast is based on your current time horizon.
Inventory Turnover is likely to rise to 32.26 in 2025, whereas Payables Turnover is likely to drop 10.14 in 2025. . Common Stock Shares Outstanding is likely to rise to about 21.9 M in 2025. Net Income Applicable To Common Shares is likely to rise to about 142.5 M in 2025. Open Interest Against 2025-09-19 Riley Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Riley Exploration's 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 Riley Exploration's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Riley Exploration 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 Riley Exploration's open interest, investors have to compare it to Riley Exploration's 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 Riley Exploration 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 Riley. 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.
Riley Exploration Double Exponential Smoothing Price Forecast For the 24th of July
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Riley Exploration Permian on the next trading day is expected to be 26.65 with a mean absolute deviation of 0.59, mean absolute percentage error of 0.60, and the sum of the absolute errors of 35.49.Please note that although there have been many attempts to predict Riley 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 Riley Exploration's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Riley Exploration Stock Forecast Pattern
| Backtest Riley Exploration | Riley Exploration Price Prediction | Buy or Sell Advice |
Riley Exploration Forecasted Value
In the context of forecasting Riley Exploration'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. Riley Exploration's downside and upside margins for the forecasting period are 23.89 and 29.42, respectively. We have considered Riley Exploration'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Riley Exploration stock data series using in forecasting. Note that when a statistical model is used to represent Riley Exploration 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.1124 |
| MAD | Mean absolute deviation | 0.5914 |
| MAPE | Mean absolute percentage error | 0.022 |
| SAE | Sum of the absolute errors | 35.4856 |
Predictive Modules for Riley Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Riley Exploration Permian. 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 Riley Exploration
For every potential investor in Riley, whether a beginner or expert, Riley Exploration's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Riley Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Riley. Basic forecasting techniques help filter out the noise by identifying Riley Exploration's price trends.Riley Exploration 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 Riley Exploration stock to make a market-neutral strategy. Peer analysis of Riley Exploration could also be used in its relative valuation, which is a method of valuing Riley Exploration by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Riley Exploration Permian 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 Riley Exploration'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 Riley Exploration's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Riley Exploration Market Strength Events
Market strength indicators help investors to evaluate how Riley Exploration stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Riley Exploration shares will generate the highest return on investment. By undertsting and applying Riley Exploration stock market strength indicators, traders can identify Riley Exploration Permian entry and exit signals to maximize returns.
Riley Exploration Risk Indicators
The analysis of Riley Exploration'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 Riley Exploration's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting riley 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 | 2.15 | |||
| Semi Deviation | 2.44 | |||
| Standard Deviation | 2.77 | |||
| Variance | 7.68 | |||
| Downside Variance | 6.32 | |||
| Semi Variance | 5.95 | |||
| Expected Short fall | (2.39) |
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.Additional Tools for Riley Stock Analysis
When running Riley Exploration's price analysis, check to measure Riley Exploration's 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 Riley Exploration is operating at the current time. Most of Riley Exploration's value examination focuses on studying past and present price action to predict the probability of Riley Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riley Exploration's price. Additionally, you may evaluate how the addition of Riley Exploration to your portfolios can decrease your overall portfolio volatility.