MoonLake Immunotherapeuti Stock Forecast - Naive Prediction
| MLTX Stock | USD 54.17 0.15 0.28% |
The Naive Prediction forecasted value of MoonLake Immunotherapeutics on the next trading day is expected to be 52.06 with a mean absolute deviation of 1.47 and the sum of the absolute errors of 91.08. MoonLake Stock Forecast is based on your current time horizon.
MoonLake |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the MoonLake Immunotherapeuti's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 451.2 M | Current Value 473.7 M | Quarterly Volatility 161.4 M |
MoonLake Immunotherapeuti Naive Prediction Price Forecast For the 27th of November
Given 90 days horizon, the Naive Prediction forecasted value of MoonLake Immunotherapeutics on the next trading day is expected to be 52.06 with a mean absolute deviation of 1.47, mean absolute percentage error of 3.11, and the sum of the absolute errors of 91.08.Please note that although there have been many attempts to predict MoonLake 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 MoonLake Immunotherapeuti's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MoonLake Immunotherapeuti Stock Forecast Pattern
| Backtest MoonLake Immunotherapeuti | MoonLake Immunotherapeuti Price Prediction | Buy or Sell Advice |
MoonLake Immunotherapeuti Forecasted Value
In the context of forecasting MoonLake Immunotherapeuti'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. MoonLake Immunotherapeuti's downside and upside margins for the forecasting period are 48.89 and 55.23, respectively. We have considered MoonLake Immunotherapeuti'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of MoonLake Immunotherapeuti stock data series using in forecasting. Note that when a statistical model is used to represent MoonLake Immunotherapeuti 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 | 121.0818 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.4691 |
| MAPE | Mean absolute percentage error | 0.0293 |
| SAE | Sum of the absolute errors | 91.0827 |
Predictive Modules for MoonLake Immunotherapeuti
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MoonLake Immunotherapeuti. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MoonLake Immunotherapeuti's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for MoonLake Immunotherapeuti
For every potential investor in MoonLake, whether a beginner or expert, MoonLake Immunotherapeuti's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MoonLake Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MoonLake. Basic forecasting techniques help filter out the noise by identifying MoonLake Immunotherapeuti's price trends.View MoonLake Immunotherapeuti Related Equities
| Risk & Return | Correlation |
MoonLake Immunotherapeuti 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 MoonLake Immunotherapeuti'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 MoonLake Immunotherapeuti's current price.| Cycle Indicators | ||
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MoonLake Immunotherapeuti Market Strength Events
Market strength indicators help investors to evaluate how MoonLake Immunotherapeuti stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MoonLake Immunotherapeuti shares will generate the highest return on investment. By undertsting and applying MoonLake Immunotherapeuti stock market strength indicators, traders can identify MoonLake Immunotherapeutics entry and exit signals to maximize returns.
| Accumulation Distribution | 10251.69 | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 54.85 | |||
| Day Typical Price | 54.62 | |||
| Price Action Indicator | (0.75) | |||
| Period Momentum Indicator | (0.15) | |||
| Relative Strength Index | 58.81 |
MoonLake Immunotherapeuti Risk Indicators
The analysis of MoonLake Immunotherapeuti'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 MoonLake Immunotherapeuti's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting moonlake 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 | 2.4 | |||
| Semi Deviation | 2.84 | |||
| Standard Deviation | 3.16 | |||
| Variance | 9.97 | |||
| Downside Variance | 9.41 | |||
| Semi Variance | 8.05 | |||
| Expected Short fall | (2.48) |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for MoonLake Stock Analysis
When running MoonLake Immunotherapeuti's price analysis, check to measure MoonLake Immunotherapeuti'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 MoonLake Immunotherapeuti is operating at the current time. Most of MoonLake Immunotherapeuti's value examination focuses on studying past and present price action to predict the probability of MoonLake Immunotherapeuti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MoonLake Immunotherapeuti's price. Additionally, you may evaluate how the addition of MoonLake Immunotherapeuti to your portfolios can decrease your overall portfolio volatility.