Magplane Technology Stock Forecast - Naive Prediction

MAGPDelisted Stock  USD 0.0001  0.00  0.00%   
The Naive Prediction forecasted value of Magplane Technology on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Magplane Stock Forecast is based on your current time horizon.
As of today the value of rsi of Magplane Technology's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Magplane Technology's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Magplane Technology, which may create opportunities for some arbitrage if properly timed.
Using Magplane Technology hype-based prediction, you can estimate the value of Magplane Technology from the perspective of Magplane Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Magplane Technology on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.

Magplane Technology after-hype prediction price

    
  USD 1.0E-4  
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Correlation Analysis 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 census.

Magplane Technology Additional Predictive Modules

Most predictive techniques to examine Magplane price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Magplane using various technical indicators. When you analyze Magplane 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 Magplane Technology is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Magplane Technology 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.

Magplane Technology Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Magplane Technology on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Magplane 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 Magplane Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Magplane Technology Stock Forecast Pattern

Backtest Magplane TechnologyMagplane Technology Price PredictionBuy or Sell Advice 

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 Magplane Technology stock data series using in forecasting. Note that when a statistical model is used to represent Magplane Technology 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 Criteria30.385
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Magplane Technology. 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 Magplane Technology. 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 Magplane Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magplane Technology. 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
0.000.00010.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0000850.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00010.00010.0001
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Magplane Technology. Your research has to be compared to or analyzed against Magplane Technology's peers to derive any actionable benefits. When done correctly, Magplane Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Magplane Technology.

Magplane Technology After-Hype Price Prediction Density Analysis

As far as predicting the price of Magplane Technology 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 Magplane Technology 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 Magplane Technology, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Magplane Technology Estimiated After-Hype Price Volatility

In the context of predicting Magplane Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Magplane Technology's historical news coverage. Magplane Technology's after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered Magplane Technology's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.0001
0.0001
After-hype Price
0.00
Upside
Magplane Technology is very steady at this time. Analysis and calculation of next after-hype price of Magplane Technology is based on 3 months time horizon.

Magplane Technology Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Magplane Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magplane Technology 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 Delisted 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 Magplane Technology, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
5 Events / Month
1 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.0001
0.0001
0.00 
0.00  
Notes

Magplane Technology Hype Timeline

Magplane Technology is now traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Magplane is forecasted 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 forecasted to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on Magplane Technology is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 5 days.
Check out Correlation Analysis 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 census.

Magplane Technology Related Hype Analysis

Having access to credible news sources related to Magplane Technology's direct competition is more important than ever and may enhance your ability to predict Magplane Technology's future price movements. Getting to know how Magplane Technology'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 Magplane Technology may potentially react to the hype associated with one of its peers.

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

Magplane Technology Market Strength Events

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

Story Coverage note for Magplane Technology

The number of cover stories for Magplane Technology depends on current market conditions and Magplane Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Magplane Technology 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 Magplane Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Check out Correlation Analysis 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 census.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in Magplane Stock

If you are still planning to invest in Magplane Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magplane Technology's history and understand the potential risks before investing.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Bonds Directory
Find actively traded corporate debentures issued by US companies
Equity Valuation
Check real value of public entities based on technical and fundamental data
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
AI Portfolio Prophet
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Content Syndication
Quickly integrate customizable finance content to your own investment portal