Momentum Metropolitan Stock Forward View - Double Exponential Smoothing
| MTM Stock | 4,021 36.00 0.90% |
Momentum Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Momentum Metropolitan stock prices and determine the direction of Momentum Metropolitan Holdings's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Momentum Metropolitan's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the value of RSI of Momentum Metropolitan's share price is approaching 45. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Momentum Metropolitan, making its price go up or down. Momentum 45
Impartial
Oversold | Overbought |
Using Momentum Metropolitan hype-based prediction, you can estimate the value of Momentum Metropolitan Holdings from the perspective of Momentum Metropolitan response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Momentum Metropolitan Holdings on the next trading day is expected to be 4,027 with a mean absolute deviation of 31.75 and the sum of the absolute errors of 1,873. Momentum Metropolitan after-hype prediction price | ZAC 4021.0 |
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.
Momentum |
Momentum Metropolitan Additional Predictive Modules
Most predictive techniques to examine Momentum price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Momentum using various technical indicators. When you analyze Momentum 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 |
Momentum Metropolitan Double Exponential Smoothing Price Forecast For the 20th of February
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Momentum Metropolitan Holdings on the next trading day is expected to be 4,027 with a mean absolute deviation of 31.75, mean absolute percentage error of 1,433, and the sum of the absolute errors of 1,873.Please note that although there have been many attempts to predict Momentum 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 Momentum Metropolitan's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Momentum Metropolitan Stock Forecast Pattern
| Backtest Momentum Metropolitan | Momentum Metropolitan Price Prediction | Research Analysis |
Momentum Metropolitan Forecasted Value
In the context of forecasting Momentum Metropolitan'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. Momentum Metropolitan's downside and upside margins for the forecasting period are 4,026 and 4,028, respectively. We have considered Momentum Metropolitan'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Momentum Metropolitan stock data series using in forecasting. Note that when a statistical model is used to represent Momentum Metropolitan 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 | Huge |
| Bias | Arithmetic mean of the errors | -5.8885 |
| MAD | Mean absolute deviation | 31.7453 |
| MAPE | Mean absolute percentage error | 0.0084 |
| SAE | Sum of the absolute errors | 1872.9711 |
Predictive Modules for Momentum Metropolitan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Momentum Metropolitan. 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.Momentum Metropolitan After-Hype Price Density Analysis
As far as predicting the price of Momentum Metropolitan 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 Momentum Metropolitan 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 Momentum Metropolitan, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Momentum Metropolitan Estimiated After-Hype Price Volatility
In the context of predicting Momentum Metropolitan's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Momentum Metropolitan's historical news coverage. Momentum Metropolitan's after-hype downside and upside margins for the prediction period are 4,020 and 4,022, respectively. We have considered Momentum Metropolitan'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
Momentum Metropolitan is very steady at this time. Analysis and calculation of next after-hype price of Momentum Metropolitan is based on 3 months time horizon.
Momentum Metropolitan Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Momentum Metropolitan is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Momentum Metropolitan 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 Momentum Metropolitan, 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 |
0.20 | 0.98 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
4,021 | 4,021 | 0.00 |
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Momentum Metropolitan Hype Timeline
Momentum Metropolitan is now traded for 4,021on Johannesburg Exchange of South Africa. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Momentum is forecasted 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 forecasted to be very small, whereas the daily expected return is now at 0.2%. %. The volatility of related hype on Momentum Metropolitan is about 0.0%, with the expected price after the next announcement by competition of 4,021. About 16.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.04. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Momentum Metropolitan last dividend was issued on the 5th of October 2022. Assuming the 90 days trading horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Momentum Metropolitan to cross-verify your projections.Momentum Metropolitan Related Hype Analysis
Having access to credible news sources related to Momentum Metropolitan's direct competition is more important than ever and may enhance your ability to predict Momentum Metropolitan's future price movements. Getting to know how Momentum Metropolitan'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 Momentum Metropolitan may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RCL | RCL Foods | 0.00 | 0 per month | 0.00 | (0.04) | 2.82 | (3.95) | 15.49 | |
| DNB | Deneb Investments | 0.00 | 0 per month | 0.00 | 0.13 | 6.38 | (0.38) | 20.98 | |
| WBC | We Buy Cars | 0.00 | 0 per month | 0.00 | (0.04) | 3.30 | (3.45) | 11.26 | |
| ZED | Zeder Investments | 0.00 | 0 per month | 2.34 | 0.03 | 4.80 | (4.72) | 23.56 | |
| BOX | Boxer Retail | 0.00 | 0 per month | 0.00 | (0.06) | 2.12 | (3.10) | 6.04 | |
| LSK | Lesaka Technologies | 0.00 | 0 per month | 2.85 | 0.05 | 5.26 | (5.37) | 14.08 | |
| SBPP | Standard Bank Group | 0.00 | 0 per month | 0.00 | (0.20) | 0.82 | (1.04) | 2.56 | |
| BRT | Brimstone Investment | 0.00 | 0 per month | 0.00 | 0.10 | 5.80 | (3.59) | 16.49 |
Other Forecasting Options for Momentum Metropolitan
For every potential investor in Momentum, whether a beginner or expert, Momentum Metropolitan's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Momentum Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Momentum. Basic forecasting techniques help filter out the noise by identifying Momentum Metropolitan's price trends.Momentum Metropolitan 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 Momentum Metropolitan stock to make a market-neutral strategy. Peer analysis of Momentum Metropolitan could also be used in its relative valuation, which is a method of valuing Momentum Metropolitan by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Momentum Metropolitan Market Strength Events
Market strength indicators help investors to evaluate how Momentum Metropolitan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Momentum Metropolitan shares will generate the highest return on investment. By undertsting and applying Momentum Metropolitan stock market strength indicators, traders can identify Momentum Metropolitan Holdings entry and exit signals to maximize returns.
Momentum Metropolitan Risk Indicators
The analysis of Momentum Metropolitan'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 Momentum Metropolitan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting momentum 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 | 0.8475 | |||
| Semi Deviation | 0.7764 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.06 | |||
| Downside Variance | 0.8938 | |||
| Semi Variance | 0.6028 | |||
| Expected Short fall | (0.92) |
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 Momentum Metropolitan
The number of cover stories for Momentum Metropolitan depends on current market conditions and Momentum Metropolitan's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Momentum Metropolitan 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 Momentum Metropolitan'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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Momentum Metropolitan Short Properties
Momentum Metropolitan's future price predictability will typically decrease when Momentum Metropolitan's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Momentum Metropolitan Holdings often depends not only on the future outlook of the potential Momentum Metropolitan'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. Momentum Metropolitan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 28.7 B |
Other Information on Investing in Momentum Stock
Momentum Metropolitan financial ratios help investors to determine whether Momentum 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 Momentum with respect to the benefits of owning Momentum Metropolitan security.