Veru Stock Forecast - Naive Prediction

VERU Stock  USD 0.57  0.01  1.72%   
Veru Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Veru stock prices and determine the direction of Veru Inc's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Veru historical fundamentals such as revenue growth or operating cash flow patterns. Although Veru naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Veru Inc systematic risk associated with finding meaningful patterns of Veru fundamentals over time.
Check out Historical Fundamental Analysis of Veru to cross-verify your projections.
  
Receivables Turnover is likely to gain to 6.72 in 2024, whereas Inventory Turnover is likely to drop 1.42 in 2024. . Common Stock Shares Outstanding is likely to gain to about 102.6 M in 2024, despite the fact that Net Loss is likely to grow to (71.6 M).

Open Interest Against 2024-03-22 Veru Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Veru'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 Veru's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Veru stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Veru's open interest, investors have to compare it to Veru'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 Veru 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 Veru. 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 Veru 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 Veru's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Veru's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Veru is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Veru Inc 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.

Veru Naive Prediction Price Forecast For the 19th of March

Given 90 days horizon, the Naive Prediction forecasted value of Veru Inc on the next trading day is expected to be 0.55 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.29.
Please note that although there have been many attempts to predict Veru 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 Veru's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Veru Stock Forecast Pattern

Backtest VeruVeru Price PredictionBuy or Sell Advice 

Veru Forecasted Value

In the context of forecasting Veru'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. Veru's downside and upside margins for the forecasting period are 0.01 and 7.18, respectively. We have considered Veru'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.
Market Value
0.57
0.55
Expected Value
7.18
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 Veru stock data series using in forecasting. Note that when a statistical model is used to represent Veru 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 Criteria111.9509
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0375
MAPEMean absolute percentage error0.0757
SAESum of the absolute errors2.2902
This model is not at all useful as a medium-long range forecasting tool of Veru Inc. 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 Veru. 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 Veru

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Veru Inc. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Veru'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. Please use the tools below to analyze the current value of Veru in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.030.587.21
Details
Intrinsic
Valuation
LowRealHigh
0.061.247.87
Details
2 Analysts
Consensus
LowTargetHigh
3.033.333.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Veru. Your research has to be compared to or analyzed against Veru's peers to derive any actionable benefits. When done correctly, Veru's 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 Veru Inc.

Other Forecasting Options for Veru

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

Veru 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 Veru stock to make a market-neutral strategy. Peer analysis of Veru could also be used in its relative valuation, which is a method of valuing Veru by comparing valuation metrics with similar companies.
Colgate-PalmoliveEstee Lauder CompaniesProcter GambleUnited-GuardianUnilever PLC ADRWD-40 CompanyBruush Oral CareEuropean Wax CenterCentral Garden PetAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOne
 Risk & Return  Correlation

Veru Inc 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 Veru'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 Veru's current price.

Veru Market Strength Events

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

Veru Risk Indicators

The analysis of Veru's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Veru's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Veru stock price, 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 stock 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 Veru Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Veru Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Veru Inc Stock. Highlighted below are key reports to facilitate an investment decision about Veru Inc Stock:
Check out Historical Fundamental Analysis of Veru to cross-verify your projections.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Veru Stock analysis

When running Veru's price analysis, check to measure Veru'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 Veru is operating at the current time. Most of Veru's value examination focuses on studying past and present price action to predict the probability of Veru's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veru's price. Additionally, you may evaluate how the addition of Veru to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Is Veru's industry 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 Veru. If investors know Veru 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 Veru listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.10)
Revenue Per Share
0.192
Quarterly Revenue Growth
0.492
Return On Assets
(0.64)
Return On Equity
(1.89)
The market value of Veru Inc is measured differently than its book value, which is the value of Veru that is recorded on the company's balance sheet. Investors also form their own opinion of Veru's value that differs from its market value or its book value, called intrinsic value, which is Veru'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 Veru's market value can be influenced by many factors that don't directly affect Veru'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 Veru's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veru is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veru'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.