Maris Tech Stock Forecast - Triple Exponential Smoothing

MTEKW Stock  USD 0.16  0.06  60.00%   
The Triple Exponential Smoothing forecasted value of Maris Tech Ltd Warrants on the next trading day is expected to be 0.16 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.98. Maris Stock Forecast is based on your current time horizon.
  
At this time, Maris Tech's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 2.06 in 2024, whereas Receivables Turnover is likely to drop 1.28 in 2024. . Common Stock Shares Outstanding is likely to drop to about 7.4 M in 2024.
Triple exponential smoothing for Maris Tech - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Maris Tech prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Maris Tech price movement. However, neither of these exponential smoothing models address any seasonality of Maris Tech Warrants.

Maris Tech Triple Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Maris Tech Ltd Warrants on the next trading day is expected to be 0.16 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 0.98.
Please note that although there have been many attempts to predict Maris 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 Maris Tech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Maris Tech Stock Forecast Pattern

Backtest Maris TechMaris Tech Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Maris Tech stock data series using in forecasting. Note that when a statistical model is used to represent Maris Tech 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0049
MADMean absolute deviation0.0167
MAPEMean absolute percentage error0.1517
SAESum of the absolute errors0.9837
As with simple exponential smoothing, in triple exponential smoothing models past Maris Tech observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Maris Tech Ltd Warrants observations.

Predictive Modules for Maris Tech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Maris Tech Warrants. 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
LowEstimatedHigh
0.010.1418.33
Details
Intrinsic
Valuation
LowRealHigh
0.000.118.29
Details

Maris Tech 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 Maris Tech stock to make a market-neutral strategy. Peer analysis of Maris Tech could also be used in its relative valuation, which is a method of valuing Maris Tech by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Maris Tech Market Strength Events

Market strength indicators help investors to evaluate how Maris Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maris Tech shares will generate the highest return on investment. By undertsting and applying Maris Tech stock market strength indicators, traders can identify Maris Tech Ltd Warrants entry and exit signals to maximize returns.

Maris Tech Risk Indicators

The analysis of Maris Tech'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 Maris Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting maris 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.
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.

Additional Tools for Maris Stock Analysis

When running Maris Tech's price analysis, check to measure Maris Tech'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 Maris Tech is operating at the current time. Most of Maris Tech's value examination focuses on studying past and present price action to predict the probability of Maris Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maris Tech's price. Additionally, you may evaluate how the addition of Maris Tech to your portfolios can decrease your overall portfolio volatility.