Mainz Biomed Stock Forward View
| MYNZ Stock | USD 1.20 0.01 0.84% |
Mainz Stock outlook is based on your current time horizon.
At this time, the RSI of Mainz Biomed's share price is approaching 48. 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 Mainz Biomed, making its price go up or down. Momentum 48
Impartial
Oversold | Overbought |
EPS Estimate Current Year (2.86) | EPS Estimate Next Year (1.35) | Wall Street Target Price 14 | Quarterly Revenue Growth (0.45) |
Using Mainz Biomed hype-based prediction, you can estimate the value of Mainz Biomed BV from the perspective of Mainz Biomed response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Mainz Biomed BV on the next trading day is expected to be 1.28 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.45. Mainz Biomed after-hype prediction price | USD 1.19 |
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.
Check out Historical Fundamental Analysis of Mainz Biomed to cross-verify your projections. Mainz Biomed Additional Predictive Modules
Most predictive techniques to examine Mainz price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Mainz using various technical indicators. When you analyze Mainz 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 | ||
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Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Mainz Biomed's financial statements to predict how it will affect future prices.
Cash | First Reported 2019-03-31 | Previous Quarter 6.2 M | Current Value 1.9 M | Quarterly Volatility 6.9 M |
Mainz Biomed Naive Prediction Price Forecast For the 3rd of February
Given 90 days horizon, the Naive Prediction forecasted value of Mainz Biomed BV on the next trading day is expected to be 1.28 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.45.Please note that although there have been many attempts to predict Mainz 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 Mainz Biomed's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mainz Biomed Stock Forecast Pattern
| Backtest Mainz Biomed | Mainz Biomed Price Prediction | Research Analysis |
Mainz Biomed Forecasted Value
In the context of forecasting Mainz Biomed'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. Mainz Biomed's downside and upside margins for the forecasting period are 0.01 and 6.58, respectively. We have considered Mainz Biomed'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Mainz Biomed stock data series using in forecasting. Note that when a statistical model is used to represent Mainz Biomed 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 | 112.8684 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0565 |
| MAPE | Mean absolute percentage error | 0.0484 |
| SAE | Sum of the absolute errors | 3.4479 |
Predictive Modules for Mainz Biomed
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mainz Biomed BV. 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.Mainz Biomed After-Hype Price Density Analysis
As far as predicting the price of Mainz Biomed 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 Mainz Biomed 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 Mainz Biomed, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Mainz Biomed Estimiated After-Hype Price Volatility
In the context of predicting Mainz Biomed's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Mainz Biomed's historical news coverage. Mainz Biomed's after-hype downside and upside margins for the prediction period are 0.06 and 6.53, respectively. We have considered Mainz Biomed'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
Mainz Biomed is extremely dangerous at this time. Analysis and calculation of next after-hype price of Mainz Biomed BV is based on 3 months time horizon.
Mainz Biomed Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Mainz Biomed is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mainz Biomed 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 Mainz Biomed, 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 |
0.10 | 5.30 | 0.00 | 0.03 | 5 Events / Month | 5 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1.20 | 1.19 | 0.00 |
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Mainz Biomed Hype Timeline
Mainz Biomed BV is now traded for 1.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.03. Mainz is estimated 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 estimated to be very small, whereas the daily expected return is now at -0.1%. %. The volatility of related hype on Mainz Biomed is about 1827.59%, with the expected price after the next announcement by competition of 1.17. The book value of the company was now reported as 0.62. The company recorded a loss per share of 5.28. Mainz Biomed BV had not issued any dividends in recent years. The entity had 1:40 split on the 3rd of December 2024. Given the investment horizon of 90 days the next estimated press release will be in about 5 days. Check out Historical Fundamental Analysis of Mainz Biomed to cross-verify your projections.Mainz Biomed Related Hype Analysis
Having access to credible news sources related to Mainz Biomed's direct competition is more important than ever and may enhance your ability to predict Mainz Biomed's future price movements. Getting to know how Mainz Biomed'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 Mainz Biomed may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BNGO | Bionano Genomics | (0.02) | 10 per month | 0.00 | (0.16) | 4.61 | (5.56) | 15.75 | |
| GBS | GBS Inc | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| POAI | Predictive Oncology | (0.17) | 3 per month | 0.00 | (0.08) | 15.02 | (19.12) | 77.03 | |
| HSCS | Heart Test Laboratories | (0.01) | 6 per month | 5.06 | 0.02 | 11.07 | (6.48) | 26.18 | |
| KTTA | Pasithea Therapeutics Corp | 0.01 | 10 per month | 7.46 | 0.08 | 16.67 | (12.50) | 137.41 | |
| VYNE | Vyne Therapeutics | (0.01) | 9 per month | 2.39 | 0.12 | 5.71 | (5.26) | 55.08 | |
| CHEK | Check Cap | 0.01 | 8 per month | 6.07 | 0.12 | 17.16 | (10.37) | 198.26 | |
| IBO | Impact BioMedical | 0.01 | 6 per month | 0.00 | (0.01) | 8.00 | (7.41) | 61.57 | |
| FLGC | Flora Growth Corp | (2.70) | 6 per month | 0.00 | (0.02) | 9.42 | (12.32) | 30.99 | |
| BNBX | Applied DNA Sciences | (0.02) | 7 per month | 0.00 | (0.19) | 11.06 | (11.39) | 46.29 |
Other Forecasting Options for Mainz Biomed
For every potential investor in Mainz, whether a beginner or expert, Mainz Biomed's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mainz Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mainz. Basic forecasting techniques help filter out the noise by identifying Mainz Biomed's price trends.Mainz Biomed 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 Mainz Biomed stock to make a market-neutral strategy. Peer analysis of Mainz Biomed could also be used in its relative valuation, which is a method of valuing Mainz Biomed by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mainz Biomed Market Strength Events
Market strength indicators help investors to evaluate how Mainz Biomed stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mainz Biomed shares will generate the highest return on investment. By undertsting and applying Mainz Biomed stock market strength indicators, traders can identify Mainz Biomed BV entry and exit signals to maximize returns.
Mainz Biomed Risk Indicators
The analysis of Mainz Biomed'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 Mainz Biomed's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mainz 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 | 4.15 | |||
| Standard Deviation | 5.26 | |||
| Variance | 27.65 |
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 Mainz Biomed
The number of cover stories for Mainz Biomed depends on current market conditions and Mainz Biomed's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Mainz Biomed 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 Mainz Biomed'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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Mainz Biomed Short Properties
Mainz Biomed's future price predictability will typically decrease when Mainz Biomed's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Mainz Biomed BV often depends not only on the future outlook of the potential Mainz Biomed'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. Mainz Biomed's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 968.2 K | |
| Cash And Short Term Investments | 6.2 M |
Additional Tools for Mainz Stock Analysis
When running Mainz Biomed's price analysis, check to measure Mainz Biomed'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 Mainz Biomed is operating at the current time. Most of Mainz Biomed's value examination focuses on studying past and present price action to predict the probability of Mainz Biomed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mainz Biomed's price. Additionally, you may evaluate how the addition of Mainz Biomed to your portfolios can decrease your overall portfolio volatility.