MRC Global Stock Forward View

MRC Global Additional Predictive Modules

Most predictive techniques to examine MRC price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MRC using various technical indicators. When you analyze MRC 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. A naive forecasting model for MRC Global is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of MRC Global value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

MRC Global Naive Prediction Price Forecast For the 21st of February

Given 90 days horizon, the Naive Prediction forecasted value of MRC Global on the next trading day is expected to be 13.98 with a mean absolute deviation of 0.30, mean absolute percentage error of 0.14, and the sum of the absolute errors of 18.23.

MRC Global Stock Forecast Pattern

Backtest MRC Global

MRC Global Price Prediction

Research Analysis

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 MRC Global stock data series using in forecasting. Note that when a statistical model is used to represent MRC Global 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. This model is not at all useful as a medium-long range forecasting tool of MRC Global. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict MRC Global. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for MRC Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MRC Global. 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 Low Estimated High 13.78 13.78 13.78 Details

Intrinsic Valuation Low Real High 11.93 11.93 15.16 Details

Bollinger Band Projection (param) Low Middle High 10.24 13.96 17.69 Details

MRC Global After-Hype Price Density Analysis

MRC Global Estimiated After-Hype Price Volatility

MRC Global Stock Price Outlook Analysis

Notes

MRC Global Hype Timeline

On the 20th of February MRC Global is traded for 13.78. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. MRC is projected 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 projected to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on MRC Global is about 0.0%, with the expected price after the next announcement by competition of 13.78. About 98.0% of the company shares are owned by institutional investors. The book value of MRC Global was now reported as 6.25. The company had not issued any dividends in recent years. MRC Global had 1:1 split on the July 6, 2009. Considering the 90-day investment horizon the next projected press release will be in about 5 days. 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 real.

MRC Global Related Hype Analysis

MRC Global Related Equities

Risk & Return

Correlation

MRC Global Market Strength Events

MRC Global Risk Indicators

Story Coverage note for MRC Global

MRC Global Short Properties

Other Consideration for investing in MRC Stock