Manhattan Associates Stock Forecast - 20 Period Moving Average
| MANH Stock | USD 290.74 10.34 3.69% |
The 20 Period Moving Average forecasted value of Manhattan Associates on the next trading day is expected to be 276.48 with a mean absolute deviation of 10.98 and the sum of the absolute errors of 461.20. Manhattan Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Manhattan Associates' historical fundamentals, such as revenue growth or operating cash flow patterns.
Manhattan |
Manhattan Associates 20 Period Moving Average Price Forecast For the 27th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Manhattan Associates on the next trading day is expected to be 276.48 with a mean absolute deviation of 10.98, mean absolute percentage error of 172.18, and the sum of the absolute errors of 461.20.Please note that although there have been many attempts to predict Manhattan 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 Manhattan Associates' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Manhattan Associates Stock Forecast Pattern
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Manhattan Associates Forecasted Value
In the context of forecasting Manhattan Associates' 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. Manhattan Associates' downside and upside margins for the forecasting period are 274.56 and 278.41, respectively. We have considered Manhattan Associates' 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Manhattan Associates stock data series using in forecasting. Note that when a statistical model is used to represent Manhattan Associates 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 | 88.3394 |
| Bias | Arithmetic mean of the errors | -1.271 |
| MAD | Mean absolute deviation | 10.981 |
| MAPE | Mean absolute percentage error | 0.0389 |
| SAE | Sum of the absolute errors | 461.2035 |
Predictive Modules for Manhattan Associates
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Manhattan Associates. 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 Manhattan Associates
For every potential investor in Manhattan, whether a beginner or expert, Manhattan Associates' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Manhattan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Manhattan. Basic forecasting techniques help filter out the noise by identifying Manhattan Associates' price trends.Manhattan Associates 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 Manhattan Associates stock to make a market-neutral strategy. Peer analysis of Manhattan Associates could also be used in its relative valuation, which is a method of valuing Manhattan Associates by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Manhattan Associates 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 Manhattan Associates' 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 Manhattan Associates' current price.| Cycle Indicators | ||
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Manhattan Associates Market Strength Events
Market strength indicators help investors to evaluate how Manhattan Associates stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manhattan Associates shares will generate the highest return on investment. By undertsting and applying Manhattan Associates stock market strength indicators, traders can identify Manhattan Associates entry and exit signals to maximize returns.
| Accumulation Distribution | 31866.92 | |||
| Daily Balance Of Power | 1.2925 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 289.35 | |||
| Day Typical Price | 289.81 | |||
| Price Action Indicator | 6.56 | |||
| Period Momentum Indicator | 10.34 |
Manhattan Associates Risk Indicators
The analysis of Manhattan Associates' 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 Manhattan Associates' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting manhattan 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 | 1.29 | |||
| Semi Deviation | 1.9 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.38 | |||
| Downside Variance | 4.15 | |||
| Semi Variance | 3.61 | |||
| Expected Short fall | (1.31) |
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.
Currently Active Assets on Macroaxis
When determining whether Manhattan Associates offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manhattan Associates' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manhattan Associates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manhattan Associates Stock:Check out Historical Fundamental Analysis of Manhattan Associates to cross-verify your projections. For more detail on how to invest in Manhattan Stock please use our How to Invest in Manhattan Associates guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manhattan Associates. If investors know Manhattan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manhattan Associates listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.51 | Revenue Per Share 16.679 | Quarterly Revenue Growth 0.166 | Return On Assets 0.2555 | Return On Equity 0.8978 |
The market value of Manhattan Associates is measured differently than its book value, which is the value of Manhattan that is recorded on the company's balance sheet. Investors also form their own opinion of Manhattan Associates' value that differs from its market value or its book value, called intrinsic value, which is Manhattan Associates' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manhattan Associates' market value can be influenced by many factors that don't directly affect Manhattan Associates' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manhattan Associates' value and its price as these two are different measures arrived at by different means. Investors typically determine if Manhattan Associates is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manhattan Associates' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.