Mulberry Group Stock Forecast - 20 Period Moving Average
| MUL Stock | 102.00 2.00 2.00% |
The 20 Period Moving Average forecasted value of Mulberry Group PLC on the next trading day is expected to be 107.10 with a mean absolute deviation of 7.78 and the sum of the absolute errors of 319.07. Mulberry Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mulberry Group stock prices and determine the direction of Mulberry Group PLC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mulberry Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
Mulberry |
Mulberry Group 20 Period Moving Average Price Forecast For the 25th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Mulberry Group PLC on the next trading day is expected to be 107.10 with a mean absolute deviation of 7.78, mean absolute percentage error of 74.78, and the sum of the absolute errors of 319.07.Please note that although there have been many attempts to predict Mulberry 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 Mulberry Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mulberry Group Stock Forecast Pattern
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Mulberry Group Forecasted Value
In the context of forecasting Mulberry 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. Mulberry Group's downside and upside margins for the forecasting period are 102.76 and 111.44, respectively. We have considered Mulberry 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Mulberry Group stock data series using in forecasting. Note that when a statistical model is used to represent Mulberry 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 | 85.6676 |
| Bias | Arithmetic mean of the errors | 2.4506 |
| MAD | Mean absolute deviation | 7.7823 |
| MAPE | Mean absolute percentage error | 0.0686 |
| SAE | Sum of the absolute errors | 319.075 |
Predictive Modules for Mulberry 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 Mulberry Group PLC. 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 Mulberry Group
For every potential investor in Mulberry, whether a beginner or expert, Mulberry Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mulberry Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mulberry. Basic forecasting techniques help filter out the noise by identifying Mulberry Group's price trends.Mulberry 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 Mulberry Group stock to make a market-neutral strategy. Peer analysis of Mulberry Group could also be used in its relative valuation, which is a method of valuing Mulberry Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mulberry Group PLC 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 Mulberry Group'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 Mulberry Group's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Mulberry Group Market Strength Events
Market strength indicators help investors to evaluate how Mulberry 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 Mulberry Group shares will generate the highest return on investment. By undertsting and applying Mulberry Group stock market strength indicators, traders can identify Mulberry Group PLC entry and exit signals to maximize returns.
Mulberry Group Risk Indicators
The analysis of Mulberry 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 Mulberry Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mulberry 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 | 2.38 | |||
| Standard Deviation | 4.32 | |||
| Variance | 18.66 |
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 Mulberry Stock
Mulberry Group financial ratios help investors to determine whether Mulberry 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 Mulberry with respect to the benefits of owning Mulberry Group security.