Meritage Hospitality OTC Stock Forecast - Double Exponential Smoothing
| MHGU Stock | USD 2.21 0.02 0.91% |
The Double Exponential Smoothing forecasted value of Meritage Hospitality Group on the next trading day is expected to be 2.11 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.72. Meritage OTC Stock Forecast is based on your current time horizon.
At this time the value of rsi of Meritage Hospitality's share price is below 20 . This indicates that the otc 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 |
Using Meritage Hospitality hype-based prediction, you can estimate the value of Meritage Hospitality Group from the perspective of Meritage Hospitality response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Meritage Hospitality Group on the next trading day is expected to be 2.11 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.72. Meritage Hospitality after-hype prediction price | USD 2.21 |
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Meritage |
Meritage Hospitality Additional Predictive Modules
Most predictive techniques to examine Meritage price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Meritage using various technical indicators. When you analyze Meritage 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 |
Meritage Hospitality Double Exponential Smoothing Price Forecast For the 15th of January 2026
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Meritage Hospitality Group on the next trading day is expected to be 2.11 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.14, and the sum of the absolute errors of 16.72.Please note that although there have been many attempts to predict Meritage OTC 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 Meritage Hospitality's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Meritage Hospitality OTC Stock Forecast Pattern
| Backtest Meritage Hospitality | Meritage Hospitality Price Prediction | Buy or Sell Advice |
Meritage Hospitality Forecasted Value
In the context of forecasting Meritage Hospitality's OTC 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. Meritage Hospitality's downside and upside margins for the forecasting period are 0.02 and 10.92, respectively. We have considered Meritage Hospitality'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Meritage Hospitality otc stock data series using in forecasting. Note that when a statistical model is used to represent Meritage Hospitality otc 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0684 |
| MAD | Mean absolute deviation | 0.2834 |
| MAPE | Mean absolute percentage error | 0.0669 |
| SAE | Sum of the absolute errors | 16.7223 |
Predictive Modules for Meritage Hospitality
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Meritage Hospitality. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Meritage Hospitality
For every potential investor in Meritage, whether a beginner or expert, Meritage Hospitality's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Meritage OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Meritage. Basic forecasting techniques help filter out the noise by identifying Meritage Hospitality's price trends.Meritage Hospitality 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 Meritage Hospitality otc stock to make a market-neutral strategy. Peer analysis of Meritage Hospitality could also be used in its relative valuation, which is a method of valuing Meritage Hospitality by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Meritage Hospitality Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Meritage Hospitality'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 Meritage Hospitality's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Meritage Hospitality Market Strength Events
Market strength indicators help investors to evaluate how Meritage Hospitality otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meritage Hospitality shares will generate the highest return on investment. By undertsting and applying Meritage Hospitality otc stock market strength indicators, traders can identify Meritage Hospitality Group entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 2.21 | |||
| Day Typical Price | 2.21 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 |
Meritage Hospitality Risk Indicators
The analysis of Meritage Hospitality'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 Meritage Hospitality's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting meritage otc 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 | 4.95 | |||
| Standard Deviation | 8.51 | |||
| Variance | 72.48 |
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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Additional Tools for Meritage OTC Stock Analysis
When running Meritage Hospitality's price analysis, check to measure Meritage Hospitality'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 Meritage Hospitality is operating at the current time. Most of Meritage Hospitality's value examination focuses on studying past and present price action to predict the probability of Meritage Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage Hospitality's price. Additionally, you may evaluate how the addition of Meritage Hospitality to your portfolios can decrease your overall portfolio volatility.