Sonder Holdings Stock Forecast - 8 Period Moving Average
| SOND Stock | USD 3.46 0.19 5.21% |
The 8 Period Moving Average forecasted value of Sonder Holdings on the next trading day is expected to be 3.63 with a mean absolute deviation of 0.44 and the sum of the absolute errors of 23.12. Sonder Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sonder Holdings stock prices and determine the direction of Sonder Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sonder Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Sonder |
Sonder Holdings 8 Period Moving Average Price Forecast For the 29th of November
Given 90 days horizon, the 8 Period Moving Average forecasted value of Sonder Holdings on the next trading day is expected to be 3.63 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.34, and the sum of the absolute errors of 23.12.Please note that although there have been many attempts to predict Sonder 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 Sonder Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sonder Holdings Stock Forecast Pattern
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Sonder Holdings Forecasted Value
In the context of forecasting Sonder 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. Sonder Holdings' downside and upside margins for the forecasting period are 0.03 and 13.99, respectively. We have considered Sonder 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Sonder Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Sonder 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.| AIC | Akaike Information Criteria | 102.3243 |
| Bias | Arithmetic mean of the errors | 0.1984 |
| MAD | Mean absolute deviation | 0.4363 |
| MAPE | Mean absolute percentage error | 0.1169 |
| SAE | Sum of the absolute errors | 23.1237 |
Predictive Modules for Sonder 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 Sonder 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.Other Forecasting Options for Sonder Holdings
For every potential investor in Sonder, whether a beginner or expert, Sonder Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sonder Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sonder. Basic forecasting techniques help filter out the noise by identifying Sonder Holdings' price trends.Sonder 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 Sonder Holdings stock to make a market-neutral strategy. Peer analysis of Sonder Holdings could also be used in its relative valuation, which is a method of valuing Sonder Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sonder 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 Sonder 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 Sonder Holdings' current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Volume Indicators |
Sonder Holdings Market Strength Events
Market strength indicators help investors to evaluate how Sonder Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonder Holdings shares will generate the highest return on investment. By undertsting and applying Sonder Holdings stock market strength indicators, traders can identify Sonder Holdings entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 3.46 | |||
| Day Typical Price | 3.46 | |||
| Price Action Indicator | (0.1) | |||
| Period Momentum Indicator | (0.19) | |||
| Relative Strength Index | 50.52 |
Sonder Holdings Risk Indicators
The analysis of Sonder Holdings' 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 Sonder Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sonder 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 | 6.15 | |||
| Standard Deviation | 10.25 | |||
| Variance | 105.06 |
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.
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 Sonder Holdings is a strong investment it is important to analyze Sonder Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sonder Holdings' future performance. For an informed investment choice regarding Sonder Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Sonder Holdings to cross-verify your projections. For information on how to trade Sonder Stock refer to our How to Trade Sonder Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Hotels, Restaurants & Leisure space 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 Sonder Holdings. If investors know Sonder 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 Sonder Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (17.05) | Revenue Per Share 56.27 | Quarterly Revenue Growth 0.046 | Return On Assets (0.09) | Return On Equity (13.69) |
The market value of Sonder Holdings is measured differently than its book value, which is the value of Sonder that is recorded on the company's balance sheet. Investors also form their own opinion of Sonder Holdings' value that differs from its market value or its book value, called intrinsic value, which is Sonder 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 Sonder Holdings' market value can be influenced by many factors that don't directly affect Sonder 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 Sonder Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonder Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonder 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.