Marcus Stock Forecast - Triple Exponential Smoothing

MCS Stock  USD 22.03  0.21  0.96%   
The Triple Exponential Smoothing forecasted value of Marcus on the next trading day is expected to be 22.10 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.28. Marcus Stock Forecast is based on your current time horizon.
  
At this time, Marcus' Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 616.23 in 2024, whereas Payables Turnover is likely to drop 11.57 in 2024. . Common Stock Shares Outstanding is likely to drop to about 31.8 M in 2024. Net Loss is likely to gain to about (10.2 M) in 2024.
Triple exponential smoothing for Marcus - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Marcus prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Marcus price movement. However, neither of these exponential smoothing models address any seasonality of Marcus.

Marcus Triple Exponential Smoothing Price Forecast For the 26th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Marcus on the next trading day is expected to be 22.10 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.17, and the sum of the absolute errors of 16.28.
Please note that although there have been many attempts to predict Marcus 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 Marcus' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Marcus Stock Forecast Pattern

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Marcus Forecasted Value

In the context of forecasting Marcus' 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. Marcus' downside and upside margins for the forecasting period are 19.90 and 24.31, respectively. We have considered Marcus' 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.
Market Value
22.03
22.10
Expected Value
24.31
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Marcus stock data series using in forecasting. Note that when a statistical model is used to represent Marcus 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0077
MADMean absolute deviation0.276
MAPEMean absolute percentage error0.0154
SAESum of the absolute errors16.2845
As with simple exponential smoothing, in triple exponential smoothing models past Marcus observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Marcus observations.

Predictive Modules for Marcus

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Marcus. 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 Marcus' 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.
Hype
Prediction
LowEstimatedHigh
19.2921.4923.69
Details
Intrinsic
Valuation
LowRealHigh
20.1022.3024.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.4621.9122.35
Details
4 Analysts
Consensus
LowTargetHigh
19.1121.0023.31
Details

Other Forecasting Options for Marcus

For every potential investor in Marcus, whether a beginner or expert, Marcus' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Marcus Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Marcus. Basic forecasting techniques help filter out the noise by identifying Marcus' price trends.

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 Risk & Return  Correlation

Marcus 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 Marcus' 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 Marcus' current price.

Marcus Market Strength Events

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

Marcus Risk Indicators

The analysis of Marcus' 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 Marcus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting marcus 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.
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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Marcus Stock Analysis

When running Marcus' price analysis, check to measure Marcus' 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 Marcus is operating at the current time. Most of Marcus' value examination focuses on studying past and present price action to predict the probability of Marcus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marcus' price. Additionally, you may evaluate how the addition of Marcus to your portfolios can decrease your overall portfolio volatility.