Permian Resources Stock Forecast - 4 Period Moving Average
| PR Stock | USD 12.83 0.11 0.86% |
The 4 Period Moving Average forecasted value of Permian Resources on the next trading day is expected to be 12.81 with a mean absolute deviation of 0.46 and the sum of the absolute errors of 26.34. Permian Stock Forecast is based on your current time horizon. Although Permian Resources' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Permian Resources' systematic risk associated with finding meaningful patterns of Permian Resources fundamentals over time.
At this time, Permian Resources' Inventory Turnover is relatively stable compared to the past year. As of 05/27/2025, Payables Turnover is likely to grow to 60.43, while Receivables Turnover is likely to drop 7.14. . As of 05/27/2025, Common Stock Shares Outstanding is likely to grow to about 718.7 M. Also, Net Income Applicable To Common Shares is likely to grow to about 621.9 M. Open Interest Against 2025-08-15 Permian Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Permian Resources' 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 in Permian Resources' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Permian Resources stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Permian Resources' open interest, investors have to compare it to Permian Resources' 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 Permian Resources 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 Permian. 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.
Permian Resources 4 Period Moving Average Price Forecast For the 28th of May
Given 90 days horizon, the 4 Period Moving Average forecasted value of Permian Resources on the next trading day is expected to be 12.81 with a mean absolute deviation of 0.46, mean absolute percentage error of 0.48, and the sum of the absolute errors of 26.34.Please note that although there have been many attempts to predict Permian 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 Permian Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Permian Resources Stock Forecast Pattern
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Permian Resources Forecasted Value
In the context of forecasting Permian Resources' 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. Permian Resources' downside and upside margins for the forecasting period are 8.56 and 17.06, respectively. We have considered Permian Resources' 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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Permian Resources stock data series using in forecasting. Note that when a statistical model is used to represent Permian Resources 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 | 110.0263 |
| Bias | Arithmetic mean of the errors | -0.0193 |
| MAD | Mean absolute deviation | 0.4621 |
| MAPE | Mean absolute percentage error | 0.0378 |
| SAE | Sum of the absolute errors | 26.3375 |
Predictive Modules for Permian Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Permian Resources. 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 Permian Resources
For every potential investor in Permian, whether a beginner or expert, Permian Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Permian Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Permian. Basic forecasting techniques help filter out the noise by identifying Permian Resources' price trends.View Permian Resources Related Equities
| Risk & Return | Correlation |
Permian Resources 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 Permian Resources' 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 Permian Resources' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Permian Resources Market Strength Events
Market strength indicators help investors to evaluate how Permian Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Permian Resources shares will generate the highest return on investment. By undertsting and applying Permian Resources stock market strength indicators, traders can identify Permian Resources entry and exit signals to maximize returns.
Permian Resources Risk Indicators
The analysis of Permian Resources' 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 Permian Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting permian 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 | 2.74 | |||
| Standard Deviation | 4.24 | |||
| Variance | 17.96 |
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.
Additional Tools for Permian Stock Analysis
When running Permian Resources' price analysis, check to measure Permian Resources' 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 Permian Resources is operating at the current time. Most of Permian Resources' value examination focuses on studying past and present price action to predict the probability of Permian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Resources' price. Additionally, you may evaluate how the addition of Permian Resources to your portfolios can decrease your overall portfolio volatility.