MARX Biotech Stock Forecast - Naive Prediction

7731 Stock   6.54  0.48  6.84%   
The Naive Prediction forecasted value of MARX Biotech Co on the next trading day is expected to be 8.44 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.95. Investors can use prediction functions to forecast MARX Biotech's stock prices and determine the direction of MARX Biotech Co's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of MARX Biotech's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. The value of RSI of MARX Biotech's stock price is slightly above 60. This suggests that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling MARX, making its price go up or down.

Momentum 60

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of MARX Biotech's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of MARX Biotech and does not consider all of the tangible or intangible factors available from MARX Biotech's fundamental data. We analyze noise-free headlines and recent hype associated with MARX Biotech Co, which may create opportunities for some arbitrage if properly timed.
Using MARX Biotech hype-based prediction, you can estimate the value of MARX Biotech Co from the perspective of MARX Biotech response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of MARX Biotech Co on the next trading day is expected to be 8.44 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.95.

MARX Biotech after-hype prediction price

    
  TWD 6.54  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

MARX Biotech Additional Predictive Modules

Most predictive techniques to examine MARX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MARX using various technical indicators. When you analyze MARX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A naive forecasting model for MARX Biotech is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of MARX Biotech Co 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.

MARX Biotech Naive Prediction Price Forecast For the 30th of January

Given 90 days horizon, the Naive Prediction forecasted value of MARX Biotech Co on the next trading day is expected to be 8.44 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.27, and the sum of the absolute errors of 18.95.
Please note that although there have been many attempts to predict MARX 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 MARX Biotech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MARX Biotech Stock Forecast Pattern

MARX Biotech Forecasted Value

In the context of forecasting MARX Biotech'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. MARX Biotech's downside and upside margins for the forecasting period are 0.07 and 18.61, respectively. We have considered MARX Biotech'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
6.54
8.44
Expected Value
18.61
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 MARX Biotech stock data series using in forecasting. Note that when a statistical model is used to represent MARX Biotech 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 Criteria118.6443
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3057
MAPEMean absolute percentage error0.0569
SAESum of the absolute errors18.9504
This model is not at all useful as a medium-long range forecasting tool of MARX Biotech Co. 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 MARX Biotech. 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 MARX Biotech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MARX Biotech. 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.

MARX Biotech Estimiated After-Hype Price Volatility

As far as predicting the price of MARX Biotech at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in MARX Biotech or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of MARX Biotech, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

MARX Biotech Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as MARX Biotech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MARX Biotech backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with MARX Biotech, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.18 
10.17
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.54
6.54
0.00 
0.00  
Notes

MARX Biotech Hype Timeline

MARX Biotech is presently traded for 6.54on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. MARX is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is presently at 1.18%. %. The volatility of related hype on MARX Biotech is about 0.0%, with the expected price after the next announcement by competition of 6.54. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

MARX Biotech Related Hype Analysis

Having access to credible news sources related to MARX Biotech's direct competition is more important than ever and may enhance your ability to predict MARX Biotech's future price movements. Getting to know how MARX Biotech's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how MARX Biotech may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
2926Eslite Spectrum 0.00 0 per month 0.00 (0.21) 2.17 (1.62) 4.83 
2942Jing Jan Retail Business 0.00 0 per month 1.98 (0.02) 2.99 (3.17) 8.06 
2252Cubtek Inc 0.00 0 per month 0.00 (0.14) 2.37 (3.06) 9.75 
2901Shin Shin Co 0.00 0 per month 0.00 (0.09) 1.63 (1.60) 3.84 
2712FarGlory Hotel Co 0.00 0 per month 0.00 (0.19) 2.08 (1.82) 4.91 
1626Airmate Cayman International 0.00 0 per month 1.08 (0.02) 3.27 (2.08) 8.28 
4420Kwang Ming Silk 0.00 0 per month 0.00 (0.15) 0.79 (0.98) 2.37 
2249Young Shine Electric 0.00 0 per month 0.61  0.21  5.06 (1.80) 17.20 
8933Ideal Bike 0.00 0 per month 2.00  0.08  9.89 (2.86) 19.68 
1599Aeon Motor Co 0.00 0 per month 0.00 (0.09) 1.63 (2.07) 13.35 

Other Forecasting Options for MARX Biotech

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

MARX Biotech 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 MARX Biotech stock to make a market-neutral strategy. Peer analysis of MARX Biotech could also be used in its relative valuation, which is a method of valuing MARX Biotech by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

MARX Biotech Market Strength Events

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

MARX Biotech Risk Indicators

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

Story Coverage note for MARX Biotech

The number of cover stories for MARX Biotech depends on current market conditions and MARX Biotech's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MARX Biotech is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about MARX Biotech's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for MARX Stock Analysis

When running MARX Biotech's price analysis, check to measure MARX Biotech's 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 MARX Biotech is operating at the current time. Most of MARX Biotech's value examination focuses on studying past and present price action to predict the probability of MARX Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MARX Biotech's price. Additionally, you may evaluate how the addition of MARX Biotech to your portfolios can decrease your overall portfolio volatility.