DoubleVerify Holdings Stock Forecast - Naive Prediction

DV Stock  USD 20.37  0.12  0.59%   
The Naive Prediction forecasted value of DoubleVerify Holdings on the next trading day is expected to be 21.48 with a mean absolute deviation of 1.01 and the sum of the absolute errors of 61.39. DoubleVerify Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to climb to 15.21 in 2024, whereas Receivables Turnover is likely to drop 2.14 in 2024. . Common Stock Shares Outstanding is likely to climb to about 178.8 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 26.3 M in 2024.

Open Interest Against 2024-08-16 DoubleVerify Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast DoubleVerify Holdings' 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 DoubleVerify Holdings' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for DoubleVerify Holdings 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 DoubleVerify Holdings' open interest, investors have to compare it to DoubleVerify Holdings' 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 DoubleVerify Holdings 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 DoubleVerify. 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.
Most investors in DoubleVerify Holdings cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the DoubleVerify Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets DoubleVerify Holdings' price structures and extracts relationships that further increase the accuracy of the generated results.
 
Cash  
First Reported
2010-12-31
Previous Quarter
310.3 M
Current Value
160.1 M
Quarterly Volatility
101.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for DoubleVerify Holdings is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of DoubleVerify Holdings 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.

DoubleVerify Holdings Naive Prediction Price Forecast For the 24th of July

Given 90 days horizon, the Naive Prediction forecasted value of DoubleVerify Holdings on the next trading day is expected to be 21.48 with a mean absolute deviation of 1.01, mean absolute percentage error of 2.83, and the sum of the absolute errors of 61.39.
Please note that although there have been many attempts to predict DoubleVerify 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 DoubleVerify Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

DoubleVerify Holdings Stock Forecast Pattern

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DoubleVerify Holdings Forecasted Value

In the context of forecasting DoubleVerify Holdings' 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. DoubleVerify Holdings' downside and upside margins for the forecasting period are 16.24 and 26.72, respectively. We have considered DoubleVerify Holdings' 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
20.37
21.48
Expected Value
26.72
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 DoubleVerify Holdings stock data series using in forecasting. Note that when a statistical model is used to represent DoubleVerify Holdings 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 Criteria119.1504
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0064
MAPEMean absolute percentage error0.0459
SAESum of the absolute errors61.3892
This model is not at all useful as a medium-long range forecasting tool of DoubleVerify Holdings. 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 DoubleVerify Holdings. 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 DoubleVerify Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DoubleVerify Holdings. 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 DoubleVerify Holdings' 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.
Hype
Prediction
LowEstimatedHigh
15.2420.4725.70
Details
Intrinsic
Valuation
LowRealHigh
18.4526.3931.62
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.7219.2620.80
Details
19 Analysts
Consensus
LowTargetHigh
38.3842.1846.82
Details

Other Forecasting Options for DoubleVerify Holdings

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

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

DoubleVerify Holdings 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 DoubleVerify Holdings' 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 DoubleVerify Holdings' current price.

DoubleVerify Holdings Market Strength Events

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

DoubleVerify Holdings Risk Indicators

The analysis of DoubleVerify Holdings' 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 DoubleVerify Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting doubleverify 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.

Thematic Opportunities

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Additional Tools for DoubleVerify Stock Analysis

When running DoubleVerify Holdings' price analysis, check to measure DoubleVerify Holdings' 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 DoubleVerify Holdings is operating at the current time. Most of DoubleVerify Holdings' value examination focuses on studying past and present price action to predict the probability of DoubleVerify Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoubleVerify Holdings' price. Additionally, you may evaluate how the addition of DoubleVerify Holdings to your portfolios can decrease your overall portfolio volatility.