Magic Empire Stock Forecast - Simple Exponential Smoothing
| MEGL Stock | USD 1.30 0.02 1.56% |
Magic Stock outlook is based on your current time horizon. Although Magic Empire's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Magic Empire's systematic risk associated with finding meaningful patterns of Magic Empire fundamentals over time.
As of now, The relative strength index (RSI) of Magic Empire's share price is at 51. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Magic Empire, making its price go up or down. Momentum 51
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.14) | Quarterly Revenue Growth (0.34) |
Using Magic Empire hype-based prediction, you can estimate the value of Magic Empire Global from the perspective of Magic Empire response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Magic Empire Global on the next trading day is expected to be 1.30 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.06. Magic Empire after-hype prediction price | USD 1.3 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Magic Empire to cross-verify your projections. Magic Empire Additional Predictive Modules
Most predictive techniques to examine Magic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Magic using various technical indicators. When you analyze Magic 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 |
Magic Empire Simple Exponential Smoothing Price Forecast For the 27th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Magic Empire Global on the next trading day is expected to be 1.30 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.06.Please note that although there have been many attempts to predict Magic 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 Magic Empire's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Magic Empire Stock Forecast Pattern
| Backtest Magic Empire | Magic Empire Price Prediction | Buy or Sell Advice |
Magic Empire Forecasted Value
In the context of forecasting Magic Empire'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. Magic Empire's downside and upside margins for the forecasting period are 0.01 and 5.66, respectively. We have considered Magic Empire'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Magic Empire stock data series using in forecasting. Note that when a statistical model is used to represent Magic Empire 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 | 110.447 |
| Bias | Arithmetic mean of the errors | 0.0032 |
| MAD | Mean absolute deviation | 0.0344 |
| MAPE | Mean absolute percentage error | 0.0261 |
| SAE | Sum of the absolute errors | 2.0637 |
Predictive Modules for Magic Empire
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magic Empire Global. 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.Magic Empire After-Hype Price Density Analysis
As far as predicting the price of Magic Empire 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 Magic Empire 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 Magic Empire, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Magic Empire Estimiated After-Hype Price Volatility
In the context of predicting Magic Empire's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Magic Empire's historical news coverage. Magic Empire's after-hype downside and upside margins for the prediction period are 0.07 and 5.63, respectively. We have considered Magic Empire'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
Magic Empire is dangerous at this time. Analysis and calculation of next after-hype price of Magic Empire Global is based on 3 months time horizon.
Magic Empire Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Magic Empire is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magic Empire 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 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 Magic Empire, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.04 | 4.36 | 0.00 | 0.00 | 5 Events / Month | 5 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1.30 | 1.30 | 0.00 |
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Magic Empire Hype Timeline
Magic Empire Global is now traded for 1.30. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Magic 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at -0.04%. %. The volatility of related hype on Magic Empire is about 34880.0%, with the expected price after the next announcement by competition of 1.30. About 40.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.41. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magic Empire Global has Price/Earnings (P/E) ratio of 250.0. The entity recorded a loss per share of 0.25. The firm last dividend was issued on the 13th of October 2023. Magic Empire had 1:4 split on the 18th of February 2025. Given the investment horizon of 90 days the next forecasted press release will be in about 5 days. Check out Historical Fundamental Analysis of Magic Empire to cross-verify your projections.Magic Empire Related Hype Analysis
Having access to credible news sources related to Magic Empire's direct competition is more important than ever and may enhance your ability to predict Magic Empire's future price movements. Getting to know how Magic Empire'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 Magic Empire may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GSIW | Garden Stage Limited | 0.01 | 9 per month | 3.72 | 0.01 | 7.69 | (7.14) | 19.17 | |
| NCPL | Netcapital | 0.06 | 7 per month | 0.00 | (0.04) | 15.05 | (17.14) | 129.26 | |
| AIFU | Fanhua Inc | (0.08) | 1 per month | 0.00 | (0.10) | 10.66 | (13.15) | 34.07 | |
| OXBR | Oxbridge Re Holdings | 0.01 | 8 per month | 0.00 | (0.12) | 7.24 | (5.67) | 17.96 | |
| CNF | CNFinance Holdings | (0.13) | 8 per month | 4.47 | 0.06 | 8.61 | (7.10) | 22.65 | |
| SHFS | SHF Holdings | 0.08 | 8 per month | 0.00 | (0.23) | 7.64 | (10.40) | 34.34 | |
| ABTS | Abits Group | (0.03) | 7 per month | 0.00 | (0.03) | 11.93 | (8.56) | 30.83 | |
| TVE | Tennessee Valley Authority | (0.02) | 5 per month | 0.14 | (0.11) | 0.54 | (0.41) | 1.64 |
Other Forecasting Options for Magic Empire
For every potential investor in Magic, whether a beginner or expert, Magic Empire's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magic. Basic forecasting techniques help filter out the noise by identifying Magic Empire's price trends.Magic Empire 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 Magic Empire stock to make a market-neutral strategy. Peer analysis of Magic Empire could also be used in its relative valuation, which is a method of valuing Magic Empire by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Magic Empire Market Strength Events
Market strength indicators help investors to evaluate how Magic Empire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magic Empire shares will generate the highest return on investment. By undertsting and applying Magic Empire stock market strength indicators, traders can identify Magic Empire Global entry and exit signals to maximize returns.
Magic Empire Risk Indicators
The analysis of Magic Empire'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 Magic Empire's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magic 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 | 2.82 | |||
| Standard Deviation | 4.27 | |||
| Variance | 18.21 |
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.
Story Coverage note for Magic Empire
The number of cover stories for Magic Empire depends on current market conditions and Magic Empire's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Magic Empire 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 Magic Empire's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
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Magic Empire Short Properties
Magic Empire's future price predictability will typically decrease when Magic Empire's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Magic Empire Global often depends not only on the future outlook of the potential Magic Empire's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Magic Empire's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.1 M | |
| Cash And Short Term Investments | 127.5 M |
Check out Historical Fundamental Analysis of Magic Empire to cross-verify your projections. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Asset Management & Custody Banks 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 Magic Empire. If investors know Magic 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 Magic Empire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share (0.25) | Revenue Per Share | Quarterly Revenue Growth (0.34) | Return On Assets |
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire's 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 Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire's 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 Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire's 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.