Virgin Orbit Stock Forecast - Simple Exponential Smoothing
| VORBDelisted Stock | USD 0.04 0 14.00% |
The Simple Exponential Smoothing forecasted value of Virgin Orbit Holdings on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.68. Virgin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Virgin Orbit stock prices and determine the direction of Virgin Orbit Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Virgin Orbit's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out World Market Map 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 metropolitan statistical area. Virgin |
Most investors in Virgin Orbit 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 Virgin Orbit's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Virgin Orbit's price structures and extracts relationships that further increase the generated results' accuracy.
Virgin Orbit 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 Virgin Orbit Holdings are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Virgin Orbit Holdings prices get older. Virgin Orbit Simple Exponential Smoothing Price Forecast For the 20th of April
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Virgin Orbit Holdings on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.68.Please note that although there have been many attempts to predict Virgin 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 Virgin Orbit's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Virgin Orbit 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 Virgin Orbit stock data series using in forecasting. Note that when a statistical model is used to represent Virgin Orbit 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 | 110.6817 |
| Bias | Arithmetic mean of the errors | 0.0082 |
| MAD | Mean absolute deviation | 0.028 |
| MAPE | Mean absolute percentage error | 0.2128 |
| SAE | Sum of the absolute errors | 1.6811 |
Predictive Modules for Virgin Orbit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virgin Orbit 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 Virgin Orbit'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.
Virgin Orbit 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 Virgin Orbit stock to make a market-neutral strategy. Peer analysis of Virgin Orbit could also be used in its relative valuation, which is a method of valuing Virgin Orbit by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Virgin Orbit Market Strength Events
Market strength indicators help investors to evaluate how Virgin Orbit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virgin Orbit shares will generate the highest return on investment. By undertsting and applying Virgin Orbit stock market strength indicators, traders can identify Virgin Orbit Holdings entry and exit signals to maximize returns.
| Accumulation Distribution | 0.18 | |||
| Daily Balance Of Power | 0.6533 | |||
| Rate Of Daily Change | 1.14 | |||
| Day Median Price | 0.0388 | |||
| Day Typical Price | 0.0391 | |||
| Market Facilitation Index | 0.0075 | |||
| Price Action Indicator | 0.0036 | |||
| Period Momentum Indicator | 0.0049 | |||
| Relative Strength Index | 31.84 |
Virgin Orbit Risk Indicators
The analysis of Virgin Orbit'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 Virgin Orbit's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virgin 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 | 17.47 | |||
| Standard Deviation | 28.66 | |||
| Variance | 821.45 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Virgin Orbit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Virgin Orbit's short interest history, or implied volatility extrapolated from Virgin Orbit options trading.
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.Check out World Market Map 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 metropolitan statistical area. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Virgin Stock
If you are still planning to invest in Virgin Orbit Holdings 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 Virgin Orbit's history and understand the potential risks before investing.
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