Rapid7 Stock Forecast - Naive Prediction

RPD Stock  USD 42.60  0.07  0.16%   
The Naive Prediction forecasted value of Rapid7 Inc on the next trading day is expected to be 42.62 with a mean absolute deviation of 0.68 and the sum of the absolute errors of 41.77. Rapid7 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Rapid7 stock prices and determine the direction of Rapid7 Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Rapid7's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Rapid7's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . As of December 1, 2024, Common Stock Shares Outstanding is expected to decline to about 44.9 M. In addition to that, Net Loss is expected to decline to about (117.9 M).

Rapid7 Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Rapid7's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2013-12-31
Previous Quarter
237 M
Current Value
222.6 M
Quarterly Volatility
107.4 M
 
Yuan Drop
 
Covid
A naive forecasting model for Rapid7 is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Rapid7 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.

Rapid7 Naive Prediction Price Forecast For the 2nd of December

Given 90 days horizon, the Naive Prediction forecasted value of Rapid7 Inc on the next trading day is expected to be 42.62 with a mean absolute deviation of 0.68, mean absolute percentage error of 0.81, and the sum of the absolute errors of 41.77.
Please note that although there have been many attempts to predict Rapid7 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 Rapid7's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Rapid7 Stock Forecast Pattern

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Rapid7 Forecasted Value

In the context of forecasting Rapid7'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. Rapid7's downside and upside margins for the forecasting period are 40.43 and 44.81, respectively. We have considered Rapid7'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
42.60
42.62
Expected Value
44.81
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 Rapid7 stock data series using in forecasting. Note that when a statistical model is used to represent Rapid7 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 Criteria117.8947
BiasArithmetic mean of the errors None
MADMean absolute deviation0.6848
MAPEMean absolute percentage error0.0175
SAESum of the absolute errors41.7734
This model is not at all useful as a medium-long range forecasting tool of Rapid7 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 Rapid7. 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 Rapid7

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rapid7 Inc. 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.
Hype
Prediction
LowEstimatedHigh
40.4842.6944.90
Details
Intrinsic
Valuation
LowRealHigh
38.3445.5147.72
Details
Bollinger
Band Projection (param)
LowMiddleHigh
38.5541.5944.62
Details
25 Analysts
Consensus
LowTargetHigh
48.3353.1158.95
Details

Other Forecasting Options for Rapid7

For every potential investor in Rapid7, whether a beginner or expert, Rapid7's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Rapid7 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Rapid7. Basic forecasting techniques help filter out the noise by identifying Rapid7's price trends.

View Rapid7 Related Equities

 Risk & Return  Correlation

Rapid7 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 Rapid7'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 Rapid7's current price.

Rapid7 Market Strength Events

Market strength indicators help investors to evaluate how Rapid7 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rapid7 shares will generate the highest return on investment. By undertsting and applying Rapid7 stock market strength indicators, traders can identify Rapid7 Inc entry and exit signals to maximize returns.

Rapid7 Risk Indicators

The analysis of Rapid7's 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 Rapid7's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rapid7 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.
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.

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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 Rapid7 Inc is a strong investment it is important to analyze Rapid7's 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 Rapid7's future performance. For an informed investment choice regarding Rapid7 Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Rapid7 to cross-verify your projections.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Systems Software 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 Rapid7. If investors know Rapid7 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 Rapid7 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.7
Revenue Per Share
13.399
Quarterly Revenue Growth
0.08
Return On Assets
0.0189
Return On Equity
(1.28)
The market value of Rapid7 Inc is measured differently than its book value, which is the value of Rapid7 that is recorded on the company's balance sheet. Investors also form their own opinion of Rapid7's value that differs from its market value or its book value, called intrinsic value, which is Rapid7'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 Rapid7's market value can be influenced by many factors that don't directly affect Rapid7'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 Rapid7's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rapid7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rapid7'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.