MAYAR Old Stock Forecast - Polynomial Regression
| MAYARDelisted Stock | 0.91 0.03 3.19% |
The Polynomial Regression forecasted value of MAYAR Old on the next trading day is expected to be 0.83 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.38. MAYAR Stock Forecast is based on your current time horizon.
The value of RSI of MAYAR Old's share price is above 70 as of today. This indicates that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling MAYAR, making its price go up or down. Momentum 74
Buy Stretched
Oversold | Overbought |
Using MAYAR Old hype-based prediction, you can estimate the value of MAYAR Old from the perspective of MAYAR Old response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of MAYAR Old on the next trading day is expected to be 0.83 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.38. MAYAR Old after-hype prediction price | $ 0.84 |
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.
MAYAR |
MAYAR Old Additional Predictive Modules
Most predictive techniques to examine MAYAR price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MAYAR using various technical indicators. When you analyze MAYAR 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MAYAR Old Polynomial Regression Price Forecast For the 7th of January
Given 90 days horizon, the Polynomial Regression forecasted value of MAYAR Old on the next trading day is expected to be 0.83 with a mean absolute deviation of 0.06, mean absolute percentage error of 0, and the sum of the absolute errors of 3.38.Please note that although there have been many attempts to predict MAYAR 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 MAYAR Old's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MAYAR Old Stock Forecast Pattern
| Backtest MAYAR Old | MAYAR Old Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of MAYAR Old stock data series using in forecasting. Note that when a statistical model is used to represent MAYAR Old 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 | 112.7922 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0555 |
| MAPE | Mean absolute percentage error | 0.1244 |
| SAE | Sum of the absolute errors | 3.3845 |
Predictive Modules for MAYAR Old
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAYAR Old. 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.MAYAR Old 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 MAYAR Old stock to make a market-neutral strategy. Peer analysis of MAYAR Old could also be used in its relative valuation, which is a method of valuing MAYAR Old by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MAYAR Old Market Strength Events
Market strength indicators help investors to evaluate how MAYAR Old stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAYAR Old shares will generate the highest return on investment. By undertsting and applying MAYAR Old stock market strength indicators, traders can identify MAYAR Old entry and exit signals to maximize returns.
MAYAR Old Risk Indicators
The analysis of MAYAR Old'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 MAYAR Old's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mayar 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 | 7.85 | |||
| Semi Deviation | 4.63 | |||
| Standard Deviation | 23.54 | |||
| Variance | 554.08 | |||
| Downside Variance | 54.25 | |||
| Semi Variance | 21.42 | |||
| Expected Short fall | (15.09) |
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 MAYAR Old
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 MAYAR Old 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 MAYAR Old will appreciate offsetting losses from the drop in the long position's value.Moving together with MAYAR Stock
Moving against MAYAR Stock
| 0.92 | XXI | Twenty One Capital | PairCorr |
| 0.88 | MNTN | MNTN Inc | PairCorr |
| 0.87 | MSFT | Microsoft | PairCorr |
| 0.8 | PG | Procter Gamble | PairCorr |
| 0.78 | CMWCF | Cromwell Property | PairCorr |
The ability to find closely correlated positions to MAYAR Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MAYAR Old 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 MAYAR Old - 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 MAYAR Old to buy it.
The correlation of MAYAR Old 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 MAYAR Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MAYAR Old 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 MAYAR Old 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.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 nation. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in MAYAR Stock
If you are still planning to invest in MAYAR Old 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 MAYAR Old's history and understand the potential risks before investing.
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