Mullen Group Stock Forward View - Simple Regression
| MTL Stock | CAD 16.82 0.22 1.33% |
Mullen Stock outlook is based on your current time horizon. Although Mullen Group's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Mullen Group's systematic risk associated with finding meaningful patterns of Mullen Group fundamentals over time.
The value of relative strength index of Mullen Group's stock price is about 64. This indicates that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Mullen, making its price go up or down. Momentum 64
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.12) | EPS Estimate Next Quarter 0.2693 | EPS Estimate Current Year 0.9947 | EPS Estimate Next Year 1.2274 | Wall Street Target Price 18.675 |
Using Mullen Group hype-based prediction, you can estimate the value of Mullen Group from the perspective of Mullen Group response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Mullen Group on the next trading day is expected to be 17.09 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 14.60. Mullen Group after-hype prediction price | CAD 16.82 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Mullen |
Mullen Group Additional Predictive Modules
Most predictive techniques to examine Mullen price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Mullen using various technical indicators. When you analyze Mullen 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Mullen Group Simple Regression Price Forecast For the 4th of February
Given 90 days horizon, the Simple Regression forecasted value of Mullen Group on the next trading day is expected to be 17.09 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.09, and the sum of the absolute errors of 14.60.Please note that although there have been many attempts to predict Mullen Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Mullen Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mullen Group Stock Forecast Pattern
| Backtest Mullen Group | Mullen Group Price Prediction | Research Analysis |
Mullen Group Forecasted Value
In the context of forecasting Mullen Group'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. Mullen Group's downside and upside margins for the forecasting period are 15.94 and 18.24, respectively. We have considered Mullen Group'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Mullen Group stock data series using in forecasting. Note that when a statistical model is used to represent Mullen Group 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 | 115.6708 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2393 |
| MAPE | Mean absolute percentage error | 0.0155 |
| SAE | Sum of the absolute errors | 14.599 |
Predictive Modules for Mullen Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mullen 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.Mullen Group After-Hype Price Density Analysis
As far as predicting the price of Mullen Group at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Mullen Group or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Mullen Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Mullen Group Estimiated After-Hype Price Volatility
In the context of predicting Mullen Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mullen Group's historical news coverage. Mullen Group's after-hype downside and upside margins for the prediction period are 15.67 and 17.97, respectively. We have considered Mullen Group's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Mullen Group is very steady at this time. Analysis and calculation of next after-hype price of Mullen Group is based on 3 months time horizon.
Mullen Group Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Mullen Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mullen Group backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Mullen Group, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.31 | 1.15 | 0.02 | 0.02 | 9 Events / Month | 2 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
16.82 | 16.82 | 0.00 |
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Mullen Group Hype Timeline
Mullen Group is now traded for 16.82on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.02. Mullen is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is now at 0.31%. %. The volatility of related hype on Mullen Group is about 2156.25%, with the expected price after the next announcement by competition of 16.84. About 24.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.39. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mullen Group has Price/Earnings To Growth (PEG) ratio of 1.64. The entity last dividend was issued on the 30th of January 2026. The firm had 3:1 split on the 7th of July 2005. Assuming the 90 days trading horizon the next expected press release will be in about 9 days. Check out Historical Fundamental Analysis of Mullen Group to cross-verify your projections.Mullen Group Related Hype Analysis
Having access to credible news sources related to Mullen Group's direct competition is more important than ever and may enhance your ability to predict Mullen Group's future price movements. Getting to know how Mullen Group's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Mullen Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CJT | Cargojet | 0.57 | 7 per month | 2.64 | 0.09 | 4.44 | (1.98) | 14.92 | |
| BDI | Black Diamond Group | (0.08) | 8 per month | 1.16 | 0.07 | 2.61 | (1.77) | 6.85 | |
| WTE | Westshore Terminals Investment | 0.01 | 5 per month | 0.89 | 0.18 | 2.18 | (1.53) | 5.30 | |
| ADEN | ADENTRA | 1.00 | 8 per month | 1.62 | 0.07 | 3.58 | (2.66) | 11.24 | |
| MAL | Magellan Aerospace | 0.00 | 0 per month | 1.97 | 0.11 | 4.49 | (3.23) | 11.93 | |
| TCL-A | Transcontinental | (1.32) | 6 per month | 0.94 | 0.10 | 1.91 | (1.97) | 21.82 | |
| BLDP | Ballard Power Systems | 0.01 | 8 per month | 0.00 | (0.22) | 3.72 | (5.34) | 15.09 | |
| BDT | Bird Construction | 0.36 | 10 per month | 2.54 | 0.02 | 3.15 | (3.75) | 11.61 | |
| SIS | Savaria | (0.07) | 10 per month | 0.97 | 0.11 | 2.42 | (1.96) | 7.81 |
Other Forecasting Options for Mullen Group
For every potential investor in Mullen, whether a beginner or expert, Mullen Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mullen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mullen. Basic forecasting techniques help filter out the noise by identifying Mullen Group's price trends.Mullen Group 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 Mullen Group stock to make a market-neutral strategy. Peer analysis of Mullen Group could also be used in its relative valuation, which is a method of valuing Mullen Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mullen Group Market Strength Events
Market strength indicators help investors to evaluate how Mullen Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mullen Group shares will generate the highest return on investment. By undertsting and applying Mullen Group stock market strength indicators, traders can identify Mullen Group entry and exit signals to maximize returns.
Mullen Group Risk Indicators
The analysis of Mullen Group'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 Mullen Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mullen 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 | 0.8359 | |||
| Semi Deviation | 0.9169 | |||
| Standard Deviation | 1.13 | |||
| Variance | 1.27 | |||
| Downside Variance | 1.54 | |||
| Semi Variance | 0.8408 | |||
| Expected Short fall | (0.94) |
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.
Story Coverage note for Mullen Group
The number of cover stories for Mullen Group depends on current market conditions and Mullen Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Mullen Group is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Mullen Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Mullen Group Short Properties
Mullen Group's future price predictability will typically decrease when Mullen Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Mullen Group often depends not only on the future outlook of the potential Mullen Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Mullen Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.2 M | |
| Cash And Short Term Investments | 126.3 M |
Other Information on Investing in Mullen Stock
Mullen Group financial ratios help investors to determine whether Mullen 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 Mullen with respect to the benefits of owning Mullen Group security.