Auctus Alternative Stock Forecast - Naive Prediction

AVC Stock   0.55  0.02  3.77%   
The Naive Prediction forecasted value of Auctus Alternative Investments on the next trading day is expected to be 0.52 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.95. Auctus Stock Forecast is based on your current time horizon.
  
At this time, Auctus Alternative's Cash And Short Term Investments are comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 79.9 M in 2024, whereas Net Debt is likely to drop (1.5 M) in 2024.
A naive forecasting model for Auctus Alternative is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Auctus Alternative Investments 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.

Auctus Alternative Naive Prediction Price Forecast For the 24th of November

Given 90 days horizon, the Naive Prediction forecasted value of Auctus Alternative Investments on the next trading day is expected to be 0.52 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.95.
Please note that although there have been many attempts to predict Auctus 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 Auctus Alternative's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Auctus Alternative Stock Forecast Pattern

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Auctus Alternative Forecasted Value

In the context of forecasting Auctus Alternative'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. Auctus Alternative's downside and upside margins for the forecasting period are 0.01 and 3.39, respectively. We have considered Auctus Alternative'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
0.55
0.52
Expected Value
3.39
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 Auctus Alternative stock data series using in forecasting. Note that when a statistical model is used to represent Auctus Alternative 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 Criteria110.1569
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0155
MAPEMean absolute percentage error0.0292
SAESum of the absolute errors0.9476
This model is not at all useful as a medium-long range forecasting tool of Auctus Alternative Investments. 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 Auctus Alternative. 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 Auctus Alternative

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Auctus Alternative. 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
0.030.553.42
Details
Intrinsic
Valuation
LowRealHigh
0.020.463.33
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Other Forecasting Options for Auctus Alternative

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

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

Auctus Alternative 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 Auctus Alternative'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 Auctus Alternative's current price.

Auctus Alternative Market Strength Events

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

Auctus Alternative Risk Indicators

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Auctus Stock Analysis

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