Mobile Global Stock Forecast - Simple Regression
| MGAM Stock | USD 0.12 0.01 4.17% |
The Simple Regression forecasted value of Mobile Global Esports on the next trading day is expected to be 0.10 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.70. Mobile Stock Forecast is based on your current time horizon. Although Mobile Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Mobile Global's systematic risk associated with finding meaningful patterns of Mobile Global fundamentals over time.
As of now the relative strength index (rsi) of Mobile Global's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Wall Street Target Price 1 | Quarterly Revenue Growth (0.96) |
Using Mobile Global hype-based prediction, you can estimate the value of Mobile Global Esports from the perspective of Mobile Global response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Mobile Global Esports on the next trading day is expected to be 0.10 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.70. Mobile Global after-hype prediction price | USD 0.12 |
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 Mobile Global to cross-verify your projections. Mobile Global Additional Predictive Modules
Most predictive techniques to examine Mobile price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Mobile using various technical indicators. When you analyze Mobile 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 |
Mobile Global Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of Mobile Global Esports on the next trading day is expected to be 0.10 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.70.Please note that although there have been many attempts to predict Mobile 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 Mobile Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mobile Global Stock Forecast Pattern
| Backtest Mobile Global | Mobile Global Price Prediction | Buy or Sell Advice |
Mobile Global Forecasted Value
In the context of forecasting Mobile Global'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. Mobile Global's downside and upside margins for the forecasting period are 0 and 17.11, respectively. We have considered Mobile Global'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 Regression forecasting method's relative quality and the estimations of the prediction error of Mobile Global stock data series using in forecasting. Note that when a statistical model is used to represent Mobile Global 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 | 109.6892 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0115 |
| MAPE | Mean absolute percentage error | 0.0965 |
| SAE | Sum of the absolute errors | 0.7032 |
Predictive Modules for Mobile Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mobile Global Esports. 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.Mobile Global After-Hype Price Prediction Density Analysis
As far as predicting the price of Mobile Global 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 Mobile Global 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 Mobile Global, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Mobile Global Estimiated After-Hype Price Volatility
In the context of predicting Mobile Global's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mobile Global's historical news coverage. Mobile Global's after-hype downside and upside margins for the prediction period are 0.01 and 17.14, respectively. We have considered Mobile Global'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
Mobile Global is out of control at this time. Analysis and calculation of next after-hype price of Mobile Global Esports is based on 3 months time horizon.
Mobile Global Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Mobile Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mobile Global 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 Mobile Global, 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 |
0.91 | 17.01 | 0.01 | 0.00 | 6 Events / Month | 1 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.12 | 0.12 | 0.00 |
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Mobile Global Hype Timeline
Mobile Global Esports is now traded for 0.12. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Mobile 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 0.91%. %. The volatility of related hype on Mobile Global is about 425250.0%, with the expected price after the next announcement by competition of 0.12. About 39.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.09. Mobile Global Esports had not issued any dividends in recent years. The entity had 2:1 split on the March 1, 2004. Given the investment horizon of 90 days the next forecasted press release will be in about 6 days. Check out Historical Fundamental Analysis of Mobile Global to cross-verify your projections.Mobile Global Related Hype Analysis
Having access to credible news sources related to Mobile Global's direct competition is more important than ever and may enhance your ability to predict Mobile Global's future price movements. Getting to know how Mobile Global'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 Mobile Global may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ZUKI | Zuki Inc | 0.00 | 0 per month | 8.22 | 0.11 | 23.84 | (19.00) | 77.35 | |
| AAIRF | American Aires | 0.00 | 0 per month | 0.00 | (0.06) | 16.73 | (16.86) | 83.43 | |
| ONEI | OneMeta AI | 0.00 | 0 per month | 8.69 | 0.03 | 20.00 | (15.79) | 66.67 | |
| TKOI | Telkonet | 0.01 | 11 per month | 8.90 | 0.14 | 27.59 | (16.11) | 121.39 | |
| TMPOQ | Tempo Automation Holdings | 0.00 | 0 per month | 33.14 | 0.30 | 4,900 | (98.00) | 9,999 | |
| XTMIF | XTM Inc | 0.00 | 0 per month | 10.79 | 0.09 | 43.02 | (26.52) | 125.41 | |
| RMTD | Remote Dynamics | 0.01 | 8 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| VSSSF | Visionstate Corp | 0.02 | 1 per month | 0.00 | (0.03) | 0.00 | 0.00 | 53.67 | |
| CCUR | CCUR Holdings | 0.00 | 0 per month | 0.00 | (0.21) | 0.00 | 0.00 | 9.79 | |
| SGNI | StemGen | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Mobile Global
For every potential investor in Mobile, whether a beginner or expert, Mobile Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mobile Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mobile. Basic forecasting techniques help filter out the noise by identifying Mobile Global's price trends.Mobile Global 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 Mobile Global stock to make a market-neutral strategy. Peer analysis of Mobile Global could also be used in its relative valuation, which is a method of valuing Mobile Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mobile Global Market Strength Events
Market strength indicators help investors to evaluate how Mobile Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mobile Global shares will generate the highest return on investment. By undertsting and applying Mobile Global stock market strength indicators, traders can identify Mobile Global Esports entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 0.12 | |||
| Day Typical Price | 0.12 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Mobile Global Risk Indicators
The analysis of Mobile Global'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 Mobile Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mobile 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 | 9.94 | |||
| Semi Deviation | 9.83 | |||
| Standard Deviation | 16.43 | |||
| Variance | 270.1 | |||
| Downside Variance | 227.8 | |||
| Semi Variance | 96.57 | |||
| Expected Short fall | (21.54) |
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 Mobile Global
The number of cover stories for Mobile Global depends on current market conditions and Mobile Global's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Mobile Global 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 Mobile Global's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Latest Perspective From Macroaxis
Mobile Global Short Properties
Mobile Global's future price predictability will typically decrease when Mobile Global's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Mobile Global Esports often depends not only on the future outlook of the potential Mobile Global'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. Mobile Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.6 M | |
| Cash And Short Term Investments | 928.6 K |
Check out Historical Fundamental Analysis of Mobile Global to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Movies & Entertainment 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 Mobile Global. If investors know Mobile 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 Mobile Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share | Quarterly Revenue Growth (0.96) | Return On Assets | Return On Equity |
The market value of Mobile Global Esports is measured differently than its book value, which is the value of Mobile that is recorded on the company's balance sheet. Investors also form their own opinion of Mobile Global's value that differs from its market value or its book value, called intrinsic value, which is Mobile Global'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 Mobile Global's market value can be influenced by many factors that don't directly affect Mobile Global'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 Mobile Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mobile Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mobile Global'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.