Mantle Minerals Stock Forecast - 4 Period Moving Average

MTL Stock   0  0.0005  50.00%   
The 4 Period Moving Average forecasted value of Mantle Minerals Limited on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01. Mantle Stock Forecast is based on your current time horizon.
  
At this time, Mantle Minerals' Property Plant And Equipment Gross is comparatively stable compared to the past year.
A four-period moving average forecast model for Mantle Minerals Limited is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Mantle Minerals 4 Period Moving Average Price Forecast For the 28th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Mantle Minerals Limited on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002, mean absolute percentage error of 0.00000009, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict Mantle 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 Mantle Minerals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mantle Minerals Stock Forecast Pattern

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Mantle Minerals Forecasted Value

In the context of forecasting Mantle Minerals' 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. Mantle Minerals' downside and upside margins for the forecasting period are 0.000015 and 20.71, respectively. We have considered Mantle Minerals' 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.
Market Value
0
0.000015
Downside
0
Expected Value
20.71
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Mantle Minerals stock data series using in forecasting. Note that when a statistical model is used to represent Mantle Minerals 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 Criteria94.4878
BiasArithmetic mean of the errors None
MADMean absolute deviation2.0E-4
MAPEMean absolute percentage error0.1323
SAESum of the absolute errors0.0119
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Mantle Minerals. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Mantle Minerals Limited and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Mantle Minerals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mantle Minerals. 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
0.00020.71
Details
Intrinsic
Valuation
LowRealHigh
0.00020.71
Details

Other Forecasting Options for Mantle Minerals

For every potential investor in Mantle, whether a beginner or expert, Mantle Minerals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mantle Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mantle. Basic forecasting techniques help filter out the noise by identifying Mantle Minerals' price trends.

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

Mantle Minerals 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 Mantle Minerals' 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 Mantle Minerals' current price.

Mantle Minerals Market Strength Events

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

Mantle Minerals Risk Indicators

The analysis of Mantle Minerals' 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 Mantle Minerals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mantle 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.

Thematic Opportunities

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Additional Tools for Mantle Stock Analysis

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