VirnetX Holding Stock Forecast - Triple Exponential Smoothing
| VHC Stock | USD 5.85 0.05 0.85% |
The Triple Exponential Smoothing forecasted value of VirnetX Holding Corp on the next trading day is expected to be 5.80 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.02. VirnetX Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast VirnetX Holding stock prices and determine the direction of VirnetX Holding Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of VirnetX Holding's historical fundamentals, such as revenue growth or operating cash flow patterns.
VirnetX |
VirnetX Holding Triple Exponential Smoothing Price Forecast For the 19th of November
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of VirnetX Holding Corp on the next trading day is expected to be 5.80 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.02.Please note that although there have been many attempts to predict VirnetX 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 VirnetX Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
VirnetX Holding Stock Forecast Pattern
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VirnetX Holding Forecasted Value
In the context of forecasting VirnetX Holding'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. VirnetX Holding's downside and upside margins for the forecasting period are 3.55 and 8.05, respectively. We have considered VirnetX Holding'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of VirnetX Holding stock data series using in forecasting. Note that when a statistical model is used to represent VirnetX Holding 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 | -0.0163 |
| MAD | Mean absolute deviation | 0.1189 |
| MAPE | Mean absolute percentage error | 0.0175 |
| SAE | Sum of the absolute errors | 7.0163 |
Predictive Modules for VirnetX Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VirnetX Holding Corp. 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 VirnetX Holding
For every potential investor in VirnetX, whether a beginner or expert, VirnetX Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VirnetX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VirnetX. Basic forecasting techniques help filter out the noise by identifying VirnetX Holding's price trends.VirnetX Holding 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 VirnetX Holding stock to make a market-neutral strategy. Peer analysis of VirnetX Holding could also be used in its relative valuation, which is a method of valuing VirnetX Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VirnetX Holding Corp 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 VirnetX Holding'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 VirnetX Holding's current price.| Cycle Indicators | ||
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VirnetX Holding Market Strength Events
Market strength indicators help investors to evaluate how VirnetX Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VirnetX Holding shares will generate the highest return on investment. By undertsting and applying VirnetX Holding stock market strength indicators, traders can identify VirnetX Holding Corp entry and exit signals to maximize returns.
VirnetX Holding Risk Indicators
The analysis of VirnetX Holding'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 VirnetX Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virnetx 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 | 1.81 | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.01 |
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 VirnetX Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirnetX Holding's 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 Virnetx Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virnetx Holding Corp Stock:Check out Historical Fundamental Analysis of VirnetX Holding to cross-verify your projections. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Application 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 VirnetX Holding. If investors know VirnetX 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 VirnetX Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.61) | Revenue Per Share 0.002 | Quarterly Revenue Growth (0.50) | Return On Assets (0.23) | Return On Equity (0.35) |
The market value of VirnetX Holding Corp is measured differently than its book value, which is the value of VirnetX that is recorded on the company's balance sheet. Investors also form their own opinion of VirnetX Holding's value that differs from its market value or its book value, called intrinsic value, which is VirnetX Holding'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 VirnetX Holding's market value can be influenced by many factors that don't directly affect VirnetX Holding'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 VirnetX Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirnetX Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirnetX Holding'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.