Menara Ventures Stock Forecast - Simple Moving Average
| MNRA Stock | 175.80 0.00 0.00% |
Menara |
Menara Ventures Simple Moving Average Price Forecast For the 29th of December
Given 90 days horizon, the Simple Moving Average forecasted value of Menara Ventures Xl on the next trading day is expected to be 175.80 with a mean absolute deviation of 2.14, mean absolute percentage error of 18.84, and the sum of the absolute errors of 126.30.Please note that although there have been many attempts to predict Menara 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 Menara Ventures' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Menara Ventures Stock Forecast Pattern
Menara Ventures Forecasted Value
In the context of forecasting Menara Ventures' 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. Menara Ventures' downside and upside margins for the forecasting period are 173.71 and 177.89, respectively. We have considered Menara Ventures' 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 Moving Average forecasting method's relative quality and the estimations of the prediction error of Menara Ventures stock data series using in forecasting. Note that when a statistical model is used to represent Menara Ventures 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 | 117.3706 |
| Bias | Arithmetic mean of the errors | 1.378 |
| MAD | Mean absolute deviation | 2.1407 |
| MAPE | Mean absolute percentage error | 0.0113 |
| SAE | Sum of the absolute errors | 126.3 |
Predictive Modules for Menara Ventures
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Menara Ventures Xl. 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.Other Forecasting Options for Menara Ventures
For every potential investor in Menara, whether a beginner or expert, Menara Ventures' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Menara Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Menara. Basic forecasting techniques help filter out the noise by identifying Menara Ventures' price trends.Menara Ventures 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 Menara Ventures stock to make a market-neutral strategy. Peer analysis of Menara Ventures could also be used in its relative valuation, which is a method of valuing Menara Ventures by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Menara Ventures Xl 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 Menara Ventures' 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 Menara Ventures' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Menara Ventures Market Strength Events
Market strength indicators help investors to evaluate how Menara Ventures stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Menara Ventures shares will generate the highest return on investment. By undertsting and applying Menara Ventures stock market strength indicators, traders can identify Menara Ventures Xl entry and exit signals to maximize returns.
Menara Ventures Risk Indicators
The analysis of Menara Ventures' 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 Menara Ventures' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting menara 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 | 1.04 | |||
| Standard Deviation | 1.91 | |||
| Variance | 3.66 |
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.