Doubleverify Holdings Stock Forecast - Naive Prediction

DV
 Stock
  

USD 27.33  0.28  1.04%   

Doubleverify Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Doubleverify Holdings historical stock prices and determine the direction of Doubleverify Holdings'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 Doubleverify Holdings historical fundamentals such as revenue growth or operating cash flow patterns. Although Doubleverify Holdings naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Doubleverify Holdings systematic risk associated with finding meaningful patterns of Doubleverify Holdings fundamentals over time.
Continue to Historical Fundamental Analysis of Doubleverify Holdings to cross-verify your projections.
  
Doubleverify Holdings PPandE Turnover is fairly stable at the moment as compared to the past year. Doubleverify Holdings reported PPandE Turnover of 3.96 in 2021. Receivables Turnover is likely to climb to 17.29 in 2022, whereas Accounts Payable Turnover is likely to drop 25.53 in 2022. . Weighted Average Shares is likely to climb to about 159.9 M in 2022. Weighted Average Shares Diluted is likely to climb to about 169.5 M in 2022.

Open Interest Agains t 2022-08-19 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 Doubleverify Holdings' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Doubleverify Holdings 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 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 generated results' accuracy.
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 17th of August 2022

Given 90 days horizon, the Naive Prediction forecasted value of Doubleverify Holdings on the next trading day is expected to be 30.03 with a mean absolute deviation of 0.71, mean absolute percentage error of 0.71, and the sum of the absolute errors of 43.04.
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

Backtest Doubleverify HoldingsDoubleverify Holdings Price PredictionBuy or Sell Advice 

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 26.81 and 33.26, 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 27.33
30.03
Expected Value
33.26
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 Criteria117.7619
BiasArithmetic mean of the errors None
MADMean absolute deviation0.7055
MAPEMean absolute percentage error0.0301
SAESum of the absolute errors43.0383
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 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 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. Please use the tools below to analyze the current value of Doubleverify Holdings in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
23.9527.1830.41
Details
Intrinsic
Valuation
LowReal ValueHigh
24.6031.8535.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.1624.5227.88
Details
10 Analysts
Consensus
LowTarget PriceHigh
37.0039.8844.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Doubleverify Holdings. Your research has to be compared to or analyzed against Doubleverify Holdings' peers to derive any actionable benefits. When done correctly, Doubleverify Holdings' 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 Doubleverify Holdings.

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.
Apple IncMicrosoft CorpBristol Myer SquiAmazon IncBerkshire HathawayNvidia CorpAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual EuropeanGARDNER DENVER INCUSA Value FactorBetapro Canadian Gold
 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 Risk Indicators

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

Doubleverify Holdings Investors Sentiment

The influence of Doubleverify Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Doubleverify. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Doubleverify Holdings Implied Volatility

    
  36.32  
Doubleverify Holdings' implied volatility exposes the market's sentiment of Doubleverify Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Doubleverify Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Doubleverify Holdings stock will not fluctuate a lot when Doubleverify Holdings' options are near their expiration.
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 Doubleverify Holdings 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, Doubleverify Holdings' short interest history, or implied volatility extrapolated from Doubleverify Holdings options trading.

Pair Trading with Doubleverify Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Doubleverify Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Doubleverify Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Doubleverify Holdings

0.83ABSTAbsolute Software Earnings Call  This WeekPairCorr
0.69AMSWAAmer Software Earnings Call  Next WeekPairCorr

Moving against Doubleverify Holdings

0.73AVYAAvaya Holdings Corp Fiscal Year End 28th of November 2022 PairCorr
The ability to find closely correlated positions to Doubleverify Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Doubleverify Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Doubleverify Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Doubleverify Holdings to buy it.
The correlation of Doubleverify Holdings is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Doubleverify Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Doubleverify Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Doubleverify Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of Doubleverify Holdings to cross-verify your projections. Note that the Doubleverify Holdings information on this page should be used as a complementary analysis to other Doubleverify Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary 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 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.
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Is Doubleverify Holdings' 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 Doubleverify Holdings. If investors know Doubleverify 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 Doubleverify Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.3
Market Capitalization
4.5 B
Quarterly Revenue Growth YOY
0.44
Return On Assets
0.0344
Return On Equity
0.0663
The market value of Doubleverify Holdings is measured differently than its book value, which is the value of Doubleverify that is recorded on the company's balance sheet. Investors also form their own opinion of Doubleverify Holdings' value that differs from its market value or its book value, called intrinsic value, which is Doubleverify Holdings' 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 Doubleverify Holdings' market value can be influenced by many factors that don't directly affect Doubleverify Holdings' 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 Doubleverify Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Doubleverify Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubleverify Holdings' 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.