Paratek Pharmaceuticals Stock Forecast - Simple Exponential Smoothing

PRTKDelisted Stock  USD 2.23  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of Paratek Pharmaceuticals on the next trading day is expected to be 2.23 with a mean absolute deviation of  0.01  and the sum of the absolute errors of 0.64. Paratek Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Paratek Pharmaceuticals stock prices and determine the direction of Paratek Pharmaceuticals's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Paratek Pharmaceuticals' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
  
Most investors in Paratek Pharmaceuticals 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 Paratek Pharmaceuticals' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Paratek Pharmaceuticals' price structures and extracts relationships that further increase the generated results' accuracy.
Paratek Pharmaceuticals simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Paratek Pharmaceuticals are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Paratek Pharmaceuticals prices get older.

Paratek Pharmaceuticals Simple Exponential Smoothing Price Forecast For the 30th of March

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Paratek Pharmaceuticals on the next trading day is expected to be 2.23 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.64.
Please note that although there have been many attempts to predict Paratek 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 Paratek Pharmaceuticals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Paratek Pharmaceuticals Stock Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Paratek Pharmaceuticals stock data series using in forecasting. Note that when a statistical model is used to represent Paratek Pharmaceuticals 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 Criteria107.6099
BiasArithmetic mean of the errors -5.0E-4
MADMean absolute deviation0.0106
MAPEMean absolute percentage error0.0048
SAESum of the absolute errors0.6384
This simple exponential smoothing model begins by setting Paratek Pharmaceuticals forecast for the second period equal to the observation of the first period. In other words, recent Paratek Pharmaceuticals observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Paratek Pharmaceuticals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Paratek Pharmaceuticals. 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 Paratek Pharmaceuticals' 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
2.232.232.23
Details
Intrinsic
Valuation
LowRealHigh
1.881.882.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Paratek Pharmaceuticals. Your research has to be compared to or analyzed against Paratek Pharmaceuticals' peers to derive any actionable benefits. When done correctly, Paratek Pharmaceuticals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Paratek Pharmaceuticals.

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

Paratek Pharmaceuticals Market Strength Events

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

Paratek Pharmaceuticals Risk Indicators

The analysis of Paratek Pharmaceuticals' 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 Paratek Pharmaceuticals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting paratek 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.

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Other Consideration for investing in Paratek Stock

If you are still planning to invest in Paratek Pharmaceuticals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Paratek Pharmaceuticals' history and understand the potential risks before investing.
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