Multi Retail Stock Forecast - 20 Period Moving Average
| MRG Stock | 1,121 24.00 2.19% |
The 20 Period Moving Average forecasted value of Multi Retail Group on the next trading day is expected to be 1,021 with a mean absolute deviation of 131.67 and the sum of the absolute errors of 5,399. Multi Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Multi Retail stock prices and determine the direction of Multi Retail Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Multi Retail's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Multi Retail 20 Period Moving Average Price Forecast For the 25th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Multi Retail Group on the next trading day is expected to be 1,021 with a mean absolute deviation of 131.67, mean absolute percentage error of 24,110, and the sum of the absolute errors of 5,399.Please note that although there have been many attempts to predict Multi 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 Multi Retail's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Multi Retail Stock Forecast Pattern
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Multi Retail Forecasted Value
In the context of forecasting Multi Retail'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. Multi Retail's downside and upside margins for the forecasting period are 1,017 and 1,025, respectively. We have considered Multi Retail'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Multi Retail stock data series using in forecasting. Note that when a statistical model is used to represent Multi Retail 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 | 91.4433 |
| Bias | Arithmetic mean of the errors | -130.5491 |
| MAD | Mean absolute deviation | 131.6721 |
| MAPE | Mean absolute percentage error | 0.1501 |
| SAE | Sum of the absolute errors | 5398.555 |
Predictive Modules for Multi Retail
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multi Retail Group. 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 Multi Retail
For every potential investor in Multi, whether a beginner or expert, Multi Retail's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Multi Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Multi. Basic forecasting techniques help filter out the noise by identifying Multi Retail's price trends.Multi Retail 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 Multi Retail stock to make a market-neutral strategy. Peer analysis of Multi Retail could also be used in its relative valuation, which is a method of valuing Multi Retail by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Multi Retail Group 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 Multi Retail'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 Multi Retail's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
Multi Retail Market Strength Events
Market strength indicators help investors to evaluate how Multi Retail stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Multi Retail shares will generate the highest return on investment. By undertsting and applying Multi Retail stock market strength indicators, traders can identify Multi Retail Group entry and exit signals to maximize returns.
Multi Retail Risk Indicators
The analysis of Multi Retail'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 Multi Retail's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting multi 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 | 2.56 | |||
| Semi Deviation | 1.39 | |||
| Standard Deviation | 3.57 | |||
| Variance | 12.73 | |||
| Downside Variance | 6.71 | |||
| Semi Variance | 1.92 | |||
| Expected Short fall | (3.15) |
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.
Also Currently Popular
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.Other Information on Investing in Multi Stock
Multi Retail financial ratios help investors to determine whether Multi Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Multi with respect to the benefits of owning Multi Retail security.