Morphic Holding Stock Forecast - Naive Prediction
The Naive Prediction forecasted value of Morphic Holding on the next trading day is expected to be 30.33 with a mean absolute deviation of 4.42 and the sum of the absolute errors of 269.36. Morphic Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Morphic Holding's historical fundamentals, such as revenue growth or operating cash flow patterns.
Morphic |
Morphic Holding Naive Prediction Price Forecast For the 13th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of Morphic Holding on the next trading day is expected to be 30.33 with a mean absolute deviation of 4.42, mean absolute percentage error of 48.85, and the sum of the absolute errors of 269.36.Please note that although there have been many attempts to predict Morphic 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 Morphic Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Morphic Holding Stock Forecast Pattern
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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 Morphic Holding stock data series using in forecasting. Note that when a statistical model is used to represent Morphic Holding 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 | 121.9993 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 4.4158 |
| MAPE | Mean absolute percentage error | 9.223372036854776E14 |
| SAE | Sum of the absolute errors | 269.3625 |
Predictive Modules for Morphic Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Morphic Holding. 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.View Morphic Holding Related Equities
| Risk & Return | Correlation |
Morphic Holding Risk Indicators
The analysis of Morphic Holding'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 Morphic Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting morphic 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 | 3.82 | |||
| Semi Deviation | 2.23 | |||
| Standard Deviation | 9.88 | |||
| Variance | 97.62 | |||
| Downside Variance | 14.82 | |||
| Semi Variance | 4.97 | |||
| Expected Short fall | (3.79) |
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.
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Morphic Stock
If you are still planning to invest in Morphic Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Morphic Holding's history and understand the potential risks before investing.
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