Muramoto Electron Stock Forecast - Naive Prediction

METCO Stock  THB 193.00  0.50  0.26%   
The Naive Prediction forecasted value of Muramoto Electron Public on the next trading day is expected to be 186.03 with a mean absolute deviation of 6.99 and the sum of the absolute errors of 426.12. Muramoto Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Muramoto Electron stock prices and determine the direction of Muramoto Electron Public's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Muramoto Electron's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Muramoto Electron is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Muramoto Electron Public value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Muramoto Electron Naive Prediction Price Forecast For the 25th of November

Given 90 days horizon, the Naive Prediction forecasted value of Muramoto Electron Public on the next trading day is expected to be 186.03 with a mean absolute deviation of 6.99, mean absolute percentage error of 474.36, and the sum of the absolute errors of 426.12.
Please note that although there have been many attempts to predict Muramoto 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 Muramoto Electron's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Muramoto Electron Stock Forecast Pattern

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Muramoto Electron Forecasted Value

In the context of forecasting Muramoto Electron'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. Muramoto Electron's downside and upside margins for the forecasting period are 60.22 and 311.84, respectively. We have considered Muramoto Electron'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.
Market Value
193.00
186.03
Expected Value
311.84
Upside

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 Muramoto Electron stock data series using in forecasting. Note that when a statistical model is used to represent Muramoto Electron 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 Criteria124.2725
BiasArithmetic mean of the errors None
MADMean absolute deviation6.9855
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors426.1168
This model is not at all useful as a medium-long range forecasting tool of Muramoto Electron Public. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Muramoto Electron. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Muramoto Electron

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Muramoto Electron Public. 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.
Hype
Prediction
LowEstimatedHigh
9.65193.0019,493
Details
Intrinsic
Valuation
LowRealHigh
7.27145.3819,445
Details
Bollinger
Band Projection (param)
LowMiddleHigh
192.36192.83193.30
Details

Other Forecasting Options for Muramoto Electron

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

Muramoto Electron 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 Muramoto Electron stock to make a market-neutral strategy. Peer analysis of Muramoto Electron could also be used in its relative valuation, which is a method of valuing Muramoto Electron by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Muramoto Electron Public 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 Muramoto Electron'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 Muramoto Electron's current price.

Muramoto Electron Market Strength Events

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

Muramoto Electron Risk Indicators

The analysis of Muramoto Electron'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 Muramoto Electron's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting muramoto 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.

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Other Information on Investing in Muramoto Stock

Muramoto Electron financial ratios help investors to determine whether Muramoto Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Muramoto with respect to the benefits of owning Muramoto Electron security.