MT 1997 Stock Forecast - Simple Moving Average
| KLIKY Stock | 27,800 200.00 0.71% |
The Simple Moving Average forecasted value of MT 1997 AS on the next trading day is expected to be 27,800 with a mean absolute deviation of 225.42 and the sum of the absolute errors of 13,300. KLIKY Stock Forecast is based on your current time horizon.
KLIKY |
MT 1997 Simple Moving Average Price Forecast For the 24th of November
Given 90 days horizon, the Simple Moving Average forecasted value of MT 1997 AS on the next trading day is expected to be 27,800 with a mean absolute deviation of 225.42, mean absolute percentage error of 316,441, and the sum of the absolute errors of 13,300.Please note that although there have been many attempts to predict KLIKY 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 MT 1997's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MT 1997 Stock Forecast Pattern
| Backtest MT 1997 | MT 1997 Price Prediction | Buy or Sell Advice |
MT 1997 Forecasted Value
In the context of forecasting MT 1997'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. MT 1997's downside and upside margins for the forecasting period are 27,798 and 27,802, respectively. We have considered MT 1997'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of MT 1997 stock data series using in forecasting. Note that when a statistical model is used to represent MT 1997 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 | 127.0996 |
| Bias | Arithmetic mean of the errors | 106.7797 |
| MAD | Mean absolute deviation | 225.4237 |
| MAPE | Mean absolute percentage error | 0.0078 |
| SAE | Sum of the absolute errors | 13300.0 |
Predictive Modules for MT 1997
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MT 1997 AS. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MT 1997's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for MT 1997
For every potential investor in KLIKY, whether a beginner or expert, MT 1997's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KLIKY Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KLIKY. Basic forecasting techniques help filter out the noise by identifying MT 1997's price trends.MT 1997 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 MT 1997 stock to make a market-neutral strategy. Peer analysis of MT 1997 could also be used in its relative valuation, which is a method of valuing MT 1997 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MT 1997 AS 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 MT 1997'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 MT 1997's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MT 1997 Market Strength Events
Market strength indicators help investors to evaluate how MT 1997 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MT 1997 shares will generate the highest return on investment. By undertsting and applying MT 1997 stock market strength indicators, traders can identify MT 1997 AS entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 27800.0 | |||
| Day Typical Price | 27800.0 | |||
| Price Action Indicator | (100.00) | |||
| Period Momentum Indicator | (200.00) | |||
| Relative Strength Index | 22.81 |
MT 1997 Risk Indicators
The analysis of MT 1997'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 MT 1997's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kliky 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 | 0.7377 | |||
| Standard Deviation | 1.93 | |||
| Variance | 3.71 |
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.
Pair Trading with MT 1997
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MT 1997 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MT 1997 will appreciate offsetting losses from the drop in the long position's value.Moving against KLIKY Stock
The ability to find closely correlated positions to MT 1997 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MT 1997 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MT 1997 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MT 1997 AS to buy it.
The correlation of MT 1997 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MT 1997 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MT 1997 AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MT 1997 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for KLIKY Stock Analysis
When running MT 1997's price analysis, check to measure MT 1997'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 MT 1997 is operating at the current time. Most of MT 1997's value examination focuses on studying past and present price action to predict the probability of MT 1997's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MT 1997's price. Additionally, you may evaluate how the addition of MT 1997 to your portfolios can decrease your overall portfolio volatility.