Mapletree Industrial Stock Forecast - Simple Exponential Smoothing
M2L Stock | EUR 1.60 0.02 1.27% |
The Simple Exponential Smoothing forecasted value of Mapletree Industrial Trust on the next trading day is expected to be 1.60 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.94. Mapletree Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Mapletree Industrial's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Mapletree Industrial Simple Exponential Smoothing Price Forecast For the 30th of November
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Mapletree Industrial Trust on the next trading day is expected to be 1.60 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 0.94.Please note that although there have been many attempts to predict Mapletree 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 Mapletree Industrial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mapletree Industrial Stock Forecast Pattern
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Mapletree Industrial Forecasted Value
In the context of forecasting Mapletree Industrial'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. Mapletree Industrial's downside and upside margins for the forecasting period are 0.13 and 3.06, respectively. We have considered Mapletree Industrial'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Mapletree Industrial stock data series using in forecasting. Note that when a statistical model is used to represent Mapletree Industrial 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 | 108.6696 |
Bias | Arithmetic mean of the errors | 0.0014 |
MAD | Mean absolute deviation | 0.0156 |
MAPE | Mean absolute percentage error | 0.0096 |
SAE | Sum of the absolute errors | 0.9351 |
Predictive Modules for Mapletree Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mapletree Industrial. 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.Other Forecasting Options for Mapletree Industrial
For every potential investor in Mapletree, whether a beginner or expert, Mapletree Industrial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mapletree Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mapletree. Basic forecasting techniques help filter out the noise by identifying Mapletree Industrial's price trends.Mapletree Industrial 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 Mapletree Industrial stock to make a market-neutral strategy. Peer analysis of Mapletree Industrial could also be used in its relative valuation, which is a method of valuing Mapletree Industrial by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Mapletree Industrial 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 Mapletree Industrial'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 Mapletree Industrial's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Mapletree Industrial Market Strength Events
Market strength indicators help investors to evaluate how Mapletree Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mapletree Industrial shares will generate the highest return on investment. By undertsting and applying Mapletree Industrial stock market strength indicators, traders can identify Mapletree Industrial Trust entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 1.6 | |||
Day Typical Price | 1.6 | |||
Price Action Indicator | 0.01 | |||
Period Momentum Indicator | 0.02 | |||
Relative Strength Index | 36.87 |
Mapletree Industrial Risk Indicators
The analysis of Mapletree Industrial'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 Mapletree Industrial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mapletree 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 | 1.04 | |||
Semi Deviation | 1.36 | |||
Standard Deviation | 1.47 | |||
Variance | 2.15 | |||
Downside Variance | 3.29 | |||
Semi Variance | 1.84 | |||
Expected Short fall | (1.34) |
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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Other Information on Investing in Mapletree Stock
Mapletree Industrial financial ratios help investors to determine whether Mapletree 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 Mapletree with respect to the benefits of owning Mapletree Industrial security.