Minto Apartment Stock Forward View - Simple Exponential Smoothing

MI-UN Stock  CAD 17.60  0.02  0.11%   
Minto Stock outlook is based on your current time horizon.
The relative strength index (RSI) of Minto Apartment's share price is above 70 as of today. This indicates that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Minto, making its price go up or down.

Momentum 78

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Minto Apartment's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Minto Apartment Real, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Minto Apartment's stock price prediction:
Quarterly Earnings Growth
(0.30)
EPS Estimate Current Year
(0.10)
EPS Estimate Next Year
0.57
Wall Street Target Price
18
Quarterly Revenue Growth
(0.09)
Using Minto Apartment hype-based prediction, you can estimate the value of Minto Apartment Real from the perspective of Minto Apartment response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Minto Apartment Real on the next trading day is expected to be 17.60 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.07.

Minto Apartment after-hype prediction price

    
  CAD 17.66  
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 Minto Apartment to cross-verify your projections.

Minto Apartment Additional Predictive Modules

Most predictive techniques to examine Minto price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Minto using various technical indicators. When you analyze Minto 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.
Minto Apartment simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Minto Apartment Real are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Minto Apartment Real prices get older.

Minto Apartment Simple Exponential Smoothing Price Forecast For the 27th of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Minto Apartment Real on the next trading day is expected to be 17.60 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.23, and the sum of the absolute errors of 7.07.
Please note that although there have been many attempts to predict Minto Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Minto Apartment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Minto Apartment Stock Forecast Pattern

Backtest Minto Apartment  Minto Apartment Price Prediction  Research Analysis  

Minto Apartment Forecasted Value

In the context of forecasting Minto Apartment'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. Minto Apartment's downside and upside margins for the forecasting period are 14.05 and 21.15, respectively. We have considered Minto Apartment'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
17.60
17.60
Expected Value
21.15
Upside

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 Minto Apartment stock data series using in forecasting. Note that when a statistical model is used to represent Minto Apartment 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 Criteria116.6365
BiasArithmetic mean of the errors -0.067
MADMean absolute deviation0.1159
MAPEMean absolute percentage error0.0073
SAESum of the absolute errors7.07
This simple exponential smoothing model begins by setting Minto Apartment Real forecast for the second period equal to the observation of the first period. In other words, recent Minto Apartment observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Minto Apartment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Minto Apartment Real. 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
14.1117.6621.21
Details
Intrinsic
Valuation
LowRealHigh
12.9016.4520.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.0117.5817.65
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.041.041.04
Details

Minto Apartment After-Hype Price Density Analysis

As far as predicting the price of Minto Apartment 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 Minto Apartment 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 Minto Apartment, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Minto Apartment Estimiated After-Hype Price Volatility

In the context of predicting Minto Apartment's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Minto Apartment's historical news coverage. Minto Apartment's after-hype downside and upside margins for the prediction period are 14.11 and 21.21, respectively. We have considered Minto Apartment'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
17.60
17.66
After-hype Price
21.21
Upside
Minto Apartment is not too volatile at this time. Analysis and calculation of next after-hype price of Minto Apartment Real is based on 3 months time horizon.

Minto Apartment Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Minto Apartment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Minto Apartment 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 Minto Apartment, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.49 
3.55
  0.06 
 0.00  
4 Events / Month
2 Events / Month
In about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
17.60
17.66
0.34 
2,731  
Notes

Minto Apartment Hype Timeline

Minto Apartment Real is now traded for 17.60on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.06, and average elasticity to hype of competition of 0.0. Minto is anticipated to increase in value after the next headline, with the price projected to jump to 17.66 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is estimated to be 0.34%, whereas the daily expected return is now at 0.49%. The volatility of related hype on Minto Apartment is about 50714.29%, with the expected price after the next announcement by competition of 17.60. The company reported the revenue of 157.09 M. Net Income was 63.24 M with profit before overhead, payroll, taxes, and interest of 96.68 M. Assuming the 90 days trading horizon the next anticipated press release will be in about 4 days.
Check out Historical Fundamental Analysis of Minto Apartment to cross-verify your projections.

Minto Apartment Related Hype Analysis

Having access to credible news sources related to Minto Apartment's direct competition is more important than ever and may enhance your ability to predict Minto Apartment's future price movements. Getting to know how Minto Apartment'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 Minto Apartment may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
MRG-UNMorguard North American(0.01)4 per month 0.38  0.10  1.64 (1.10) 3.63 
APR-UNAutomotive Properties Real(0.07)5 per month 0.25  0.06  1.19 (0.74) 3.44 
PLZ-UNPlaza Retail REIT 0.11 7 per month 0.44  0.08  1.48 (1.15) 3.75 
WFCWall Financial 0.00 8 per month 1.00  0.1  4.22 (2.58) 15.94 
HOM-UBSR Real Estate(0.16)3 per month 1.51  0.05  3.19 (2.88) 10.34 
NXR-UNNexus Real Estate 0.03 2 per month 1.00  0.02  1.56 (1.88) 4.84 
AX-UNArtis Real Estate 0.19 7 per month 2.56  0.14  5.67 (5.50) 20.87 
BTB-UNBTB Real Estate(0.02)10 per month 0.79  0.01  1.03 (1.28) 3.10 
MRDMelcor Developments(0.13)6 per month 0.00  0.11  1.68 (0.98) 2.90 
PRV-UNPro Real Estate(0.01)3 per month 0.75  0.03  1.38 (1.25) 5.25 

Other Forecasting Options for Minto Apartment

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

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

Minto Apartment Market Strength Events

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

Minto Apartment Risk Indicators

The analysis of Minto Apartment'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 Minto Apartment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting minto 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.

Story Coverage note for Minto Apartment

The number of cover stories for Minto Apartment depends on current market conditions and Minto Apartment's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Minto Apartment 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 Minto Apartment's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Minto Apartment Short Properties

Minto Apartment's future price predictability will typically decrease when Minto Apartment's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Minto Apartment Real often depends not only on the future outlook of the potential Minto Apartment'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. Minto Apartment's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding39.9 M
Cash And Short Term Investments5.9 M

Additional Tools for Minto Stock Analysis

When running Minto Apartment's price analysis, check to measure Minto Apartment'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 Minto Apartment is operating at the current time. Most of Minto Apartment's value examination focuses on studying past and present price action to predict the probability of Minto Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minto Apartment's price. Additionally, you may evaluate how the addition of Minto Apartment to your portfolios can decrease your overall portfolio volatility.