Ault Alliance Preferred Stock Forecast - Naive Prediction

AULT-PD Preferred Stock   23.18  0.00  0.00%   
The Naive Prediction forecasted value of Ault Alliance on the next trading day is expected to be 25.12 with a mean absolute deviation of 1.27 and the sum of the absolute errors of 77.63. Ault Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ault Alliance stock prices and determine the direction of Ault Alliance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ault Alliance's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Ault Alliance is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Ault Alliance 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.

Ault Alliance Naive Prediction Price Forecast For the 4th of December

Given 90 days horizon, the Naive Prediction forecasted value of Ault Alliance on the next trading day is expected to be 25.12 with a mean absolute deviation of 1.27, mean absolute percentage error of 2.60, and the sum of the absolute errors of 77.63.
Please note that although there have been many attempts to predict Ault Preferred 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 Ault Alliance's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ault Alliance Preferred Stock Forecast Pattern

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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 Ault Alliance preferred stock data series using in forecasting. Note that when a statistical model is used to represent Ault Alliance preferred 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 Criteria119.0659
BiasArithmetic mean of the errors None
MADMean absolute deviation1.2726
MAPEMean absolute percentage error0.0615
SAESum of the absolute errors77.6286
This model is not at all useful as a medium-long range forecasting tool of Ault Alliance. 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 Ault Alliance. 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 Ault Alliance

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ault Alliance. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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
23.1823.1823.18
Details
Intrinsic
Valuation
LowRealHigh
18.1218.1225.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.5723.0924.61
Details

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

Ault Alliance Market Strength Events

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

Ault Alliance Risk Indicators

The analysis of Ault Alliance'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 Ault Alliance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ault preferred 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.

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.

Other Information on Investing in Ault Preferred Stock

Ault Alliance financial ratios help investors to determine whether Ault Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ault with respect to the benefits of owning Ault Alliance security.