Mentice AB Stock Forecast - Simple Regression
| MNTC Stock | SEK 13.75 0.20 1.43% |
Mentice Stock outlook is based on your current time horizon.
At this time, The value of RSI of Mentice AB's share price is at 55. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Mentice AB, making its price go up or down. Momentum 55
Impartial
Oversold | Overbought |
Using Mentice AB hype-based prediction, you can estimate the value of Mentice AB from the perspective of Mentice AB response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Mentice AB on the next trading day is expected to be 14.74 with a mean absolute deviation of 1.17 and the sum of the absolute errors of 71.41. Mentice AB after-hype prediction price | SEK 13.75 |
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.
Mentice |
Mentice AB Additional Predictive Modules
Most predictive techniques to examine Mentice price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Mentice using various technical indicators. When you analyze Mentice 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 |
Mentice AB Simple Regression Price Forecast For the 27th of January
Given 90 days horizon, the Simple Regression forecasted value of Mentice AB on the next trading day is expected to be 14.74 with a mean absolute deviation of 1.17, mean absolute percentage error of 1.92, and the sum of the absolute errors of 71.41.Please note that although there have been many attempts to predict Mentice 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 Mentice AB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mentice AB Stock Forecast Pattern
| Backtest Mentice AB | Mentice AB Price Prediction | Buy or Sell Advice |
Mentice AB Forecasted Value
In the context of forecasting Mentice AB'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. Mentice AB's downside and upside margins for the forecasting period are 10.73 and 18.76, respectively. We have considered Mentice AB'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 Mentice AB stock data series using in forecasting. Note that when a statistical model is used to represent Mentice AB 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 | 118.7619 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.1706 |
| MAPE | Mean absolute percentage error | 0.0936 |
| SAE | Sum of the absolute errors | 71.4091 |
Predictive Modules for Mentice AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mentice AB. 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.Mentice AB After-Hype Price Density Analysis
As far as predicting the price of Mentice AB 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 Mentice AB 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 Mentice AB, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Mentice AB Estimiated After-Hype Price Volatility
In the context of predicting Mentice AB's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mentice AB's historical news coverage. Mentice AB's after-hype downside and upside margins for the prediction period are 9.74 and 17.76, respectively. We have considered Mentice AB'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
Mentice AB is somewhat reliable at this time. Analysis and calculation of next after-hype price of Mentice AB is based on 3 months time horizon.
Mentice AB Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Mentice AB is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mentice AB 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 Mentice AB, 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 |
0.60 | 4.01 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
13.75 | 13.75 | 0.00 |
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Mentice AB Hype Timeline
Mentice AB is now traded for 13.75on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Mentice is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is now at 0.6%. %. The volatility of related hype on Mentice AB is about 0.0%, with the expected price after the next announcement by competition of 13.75. About 44.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.98. Mentice AB had not issued any dividends in recent years. Assuming the 90 days trading horizon the next anticipated press release will be uncertain. Check out Historical Fundamental Analysis of Mentice AB to cross-verify your projections.Mentice AB Related Hype Analysis
Having access to credible news sources related to Mentice AB's direct competition is more important than ever and may enhance your ability to predict Mentice AB's future price movements. Getting to know how Mentice AB'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 Mentice AB may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BOUL | Boule Diagnostics AB | 0.00 | 0 per month | 3.68 | (0) | 6.42 | (6.38) | 16.59 | |
| CLS-B | Clinical Laserthermia Systems | 0.00 | 0 per month | 4.13 | (0) | 7.51 | (5.73) | 24.08 | |
| PTRK | Physitrack PLC | 0.00 | 0 per month | 0.00 | (0.19) | 4.84 | (3.97) | 21.23 | |
| PRO | Promimic AB | 0.00 | 0 per month | 4.81 | 0.02 | 12.58 | (9.82) | 43.85 | |
| ALZCUR | AlzeCure Pharma | 0.00 | 0 per month | 0.00 | (0.08) | 9.29 | (6.38) | 21.85 | |
| ACARIX | Acarix AS | 0.00 | 0 per month | 0.00 | (0.07) | 6.25 | (3.85) | 14.55 | |
| KDEV | Karolinska Development AB | 0.00 | 0 per month | 0.00 | (0.15) | 3.33 | (13.16) | 47.86 | |
| INTEG-B | Integrum AB Series | 0.00 | 0 per month | 2.10 | 0.10 | 6.80 | (3.74) | 17.01 | |
| BRAIN | BrainCool AB | 0.00 | 0 per month | 0.00 | (0.12) | 5.77 | (10.00) | 18.95 | |
| LIPUM | Lipum AB | 0.00 | 0 per month | 2.38 | 0.13 | 7.76 | (1.92) | 23.55 |
Other Forecasting Options for Mentice AB
For every potential investor in Mentice, whether a beginner or expert, Mentice AB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mentice Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mentice. Basic forecasting techniques help filter out the noise by identifying Mentice AB's price trends.Mentice AB 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 Mentice AB stock to make a market-neutral strategy. Peer analysis of Mentice AB could also be used in its relative valuation, which is a method of valuing Mentice AB by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mentice AB Market Strength Events
Market strength indicators help investors to evaluate how Mentice AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mentice AB shares will generate the highest return on investment. By undertsting and applying Mentice AB stock market strength indicators, traders can identify Mentice AB entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 13.75 | |||
| Day Typical Price | 13.75 | |||
| Price Action Indicator | (0.10) | |||
| Period Momentum Indicator | (0.20) | |||
| Relative Strength Index | 55.07 |
Mentice AB Risk Indicators
The analysis of Mentice AB'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 Mentice AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mentice 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 | 2.63 | |||
| Semi Deviation | 2.47 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.67 | |||
| Downside Variance | 10.63 | |||
| Semi Variance | 6.12 | |||
| Expected Short fall | (3.02) |
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 Mentice AB
The number of cover stories for Mentice AB depends on current market conditions and Mentice AB's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Mentice AB 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 Mentice AB'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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Mentice AB Short Properties
Mentice AB's future price predictability will typically decrease when Mentice AB's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Mentice AB often depends not only on the future outlook of the potential Mentice AB'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. Mentice AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.8 M | |
| Cash And Short Term Investments | 12.7 M |
Additional Tools for Mentice Stock Analysis
When running Mentice AB's price analysis, check to measure Mentice AB'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 Mentice AB is operating at the current time. Most of Mentice AB's value examination focuses on studying past and present price action to predict the probability of Mentice AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mentice AB's price. Additionally, you may evaluate how the addition of Mentice AB to your portfolios can decrease your overall portfolio volatility.