SentinelOne Stock Forecast - Polynomial Regression

S
 Stock
  

USD 14.78  0.25  1.66%   

SentinelOne Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SentinelOne historical stock prices and determine the direction of SentinelOne'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 SentinelOne historical fundamentals such as revenue growth or operating cash flow patterns. Although SentinelOne naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of SentinelOne systematic risk associated with finding meaningful patterns of SentinelOne fundamentals over time.
Additionally, take a look at Historical Fundamental Analysis of SentinelOne to cross-verify your projections.
  
SentinelOne PPandE Turnover is relatively stable at the moment as compared to the past year. SentinelOne reported last year PPandE Turnover of 1.88. As of 12/02/2022, Receivables Turnover is likely to grow to 11.79, while Accrued Expenses Turnover is likely to drop 18.70. . As of 12/02/2022, Weighted Average Shares is likely to grow to about 3.3 B. Also, Weighted Average Shares Diluted is likely to grow to about 3.3 B.

Open Interest Agains t 2022-12-16 SentinelOne Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast SentinelOne'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 SentinelOne's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies SentinelOne 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 SentinelOne's open interest, investors have to compare it to SentinelOne'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 SentinelOne 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 SentinelOne. 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 SentinelOne 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 SentinelOne's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets SentinelOne's price structures and extracts relationships that further increase the generated results' accuracy.
SentinelOne polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for SentinelOne as well as the accuracy indicators are determined from the period prices.

SentinelOne Polynomial Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Polynomial Regression forecasted value of SentinelOne on the next trading day is expected to be 14.35 with a mean absolute deviation of 1.03, mean absolute percentage error of 1.85, and the sum of the absolute errors of 62.60.
Please note that although there have been many attempts to predict SentinelOne 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 SentinelOne's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SentinelOne Stock Forecast Pattern

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SentinelOne Forecasted Value

In the context of forecasting SentinelOne'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. SentinelOne's downside and upside margins for the forecasting period are 9.59 and 19.11, respectively. We have considered SentinelOne'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 14.78
14.35
Expected Value
19.11
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of SentinelOne stock data series using in forecasting. Note that when a statistical model is used to represent SentinelOne 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 Criteria118.728
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0262
MAPEMean absolute percentage error0.0473
SAESum of the absolute errors62.5953
A single variable polynomial regression model attempts to put a curve through the SentinelOne historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for SentinelOne

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SentinelOne. 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 SentinelOne'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 SentinelOne in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.9914.7519.51
Details
Intrinsic
Valuation
LowReal ValueHigh
13.1927.1331.89
Details
12 Analysts
Consensus
LowTarget PriceHigh
50.0065.1782.00
Details
Earnings
Estimates (3)
LowProjected EPSHigh
-1.21-1.15-1.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SentinelOne. Your research has to be compared to or analyzed against SentinelOne's peers to derive any actionable benefits. When done correctly, SentinelOne's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in SentinelOne.

Other Forecasting Options for SentinelOne

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

SentinelOne 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 SentinelOne stock to make a market-neutral strategy. Peer analysis of SentinelOne could also be used in its relative valuation, which is a method of valuing SentinelOne by comparing valuation metrics with similar companies.
Linde PLCAnheuser Busch InbevAnheuser-Busch InBev SANVEtsy IncAlcoa CorpChevron CorpBank Of AmericaVerizon CommunicationsExxon Mobil CorpAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group Limited
 Risk & Return  Correlation

SentinelOne 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 SentinelOne'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 SentinelOne's current price.

SentinelOne Market Strength Events

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

SentinelOne Risk Indicators

The analysis of SentinelOne'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 SentinelOne's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting SentinelOne 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SentinelOne without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Historical Fundamental Analysis of SentinelOne to cross-verify your projections. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Is SentinelOne'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 SentinelOne. If investors know SentinelOne 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 SentinelOne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
4.2 B
Quarterly Revenue Growth YOY
1.24
Return On Assets
(0.1) 
Return On Equity
(0.19) 
The market value of SentinelOne is measured differently than its book value, which is the value of SentinelOne that is recorded on the company's balance sheet. Investors also form their own opinion of SentinelOne's value that differs from its market value or its book value, called intrinsic value, which is SentinelOne'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 SentinelOne's market value can be influenced by many factors that don't directly affect SentinelOne'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 SentinelOne's value and its price as these two are different measures arrived at by different means. Investors typically determine SentinelOne value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SentinelOne'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.