Medalist Diversified Stock Forecast - Naive Prediction
| MDRR Stock | USD 12.22 0.18 1.45% |
The Naive Prediction forecasted value of Medalist Diversified Reit on the next trading day is expected to be 12.40 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.97. Medalist Stock Forecast is based on your current time horizon. Although Medalist Diversified's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Medalist Diversified's systematic risk associated with finding meaningful patterns of Medalist Diversified fundamentals over time.
Medalist |
Medalist Diversified Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Medalist Diversified's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2017-12-31 | Previous Quarter 3.8 M | Current Value 3.1 M | Quarterly Volatility 2.6 M |
Medalist Diversified Naive Prediction Price Forecast For the 23rd of November
Given 90 days horizon, the Naive Prediction forecasted value of Medalist Diversified Reit on the next trading day is expected to be 12.40 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.97.Please note that although there have been many attempts to predict Medalist 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 Medalist Diversified's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Medalist Diversified Stock Forecast Pattern
| Backtest Medalist Diversified | Medalist Diversified Price Prediction | Buy or Sell Advice |
Medalist Diversified Forecasted Value
In the context of forecasting Medalist Diversified'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. Medalist Diversified's downside and upside margins for the forecasting period are 10.46 and 14.34, respectively. We have considered Medalist Diversified'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Medalist Diversified stock data series using in forecasting. Note that when a statistical model is used to represent Medalist Diversified 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 | 114.6921 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1471 |
| MAPE | Mean absolute percentage error | 0.012 |
| SAE | Sum of the absolute errors | 8.9718 |
Predictive Modules for Medalist Diversified
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Medalist Diversified Reit. 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 Medalist Diversified
For every potential investor in Medalist, whether a beginner or expert, Medalist Diversified's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Medalist Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Medalist. Basic forecasting techniques help filter out the noise by identifying Medalist Diversified's price trends.Medalist Diversified 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 Medalist Diversified stock to make a market-neutral strategy. Peer analysis of Medalist Diversified could also be used in its relative valuation, which is a method of valuing Medalist Diversified by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Medalist Diversified Reit 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 Medalist Diversified'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 Medalist Diversified's current price.| Cycle Indicators | ||
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| Pattern Recognition | ||
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Medalist Diversified Market Strength Events
Market strength indicators help investors to evaluate how Medalist Diversified stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medalist Diversified shares will generate the highest return on investment. By undertsting and applying Medalist Diversified stock market strength indicators, traders can identify Medalist Diversified Reit entry and exit signals to maximize returns.
| Accumulation Distribution | 425.57 | |||
| Daily Balance Of Power | (0.38) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 12.37 | |||
| Day Typical Price | 12.32 | |||
| Price Action Indicator | (0.23) | |||
| Period Momentum Indicator | (0.18) |
Medalist Diversified Risk Indicators
The analysis of Medalist Diversified'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 Medalist Diversified's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting medalist 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 | 1.33 | |||
| Semi Deviation | 1.68 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.87 | |||
| Downside Variance | 4.19 | |||
| Semi Variance | 2.83 | |||
| Expected Short fall | (1.67) |
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.
Additional Tools for Medalist Stock Analysis
When running Medalist Diversified's price analysis, check to measure Medalist Diversified's 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 Medalist Diversified is operating at the current time. Most of Medalist Diversified's value examination focuses on studying past and present price action to predict the probability of Medalist Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medalist Diversified's price. Additionally, you may evaluate how the addition of Medalist Diversified to your portfolios can decrease your overall portfolio volatility.