Mizrahi Tefahot Stock Forecast - Simple Regression

MZTF Stock   16,000  100.00  0.63%   
The Simple Regression forecasted value of Mizrahi Tefahot on the next trading day is expected to be 15,964 with a mean absolute deviation of 314.98 and the sum of the absolute errors of 19,214. Mizrahi Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mizrahi Tefahot stock prices and determine the direction of Mizrahi Tefahot's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mizrahi Tefahot's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Mizrahi Tefahot price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Mizrahi Tefahot Simple Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Regression forecasted value of Mizrahi Tefahot on the next trading day is expected to be 15,964 with a mean absolute deviation of 314.98, mean absolute percentage error of 143,215, and the sum of the absolute errors of 19,214.
Please note that although there have been many attempts to predict Mizrahi 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 Mizrahi Tefahot's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mizrahi Tefahot Stock Forecast Pattern

Backtest Mizrahi TefahotMizrahi Tefahot Price PredictionBuy or Sell Advice 

Mizrahi Tefahot Forecasted Value

In the context of forecasting Mizrahi Tefahot'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. Mizrahi Tefahot's downside and upside margins for the forecasting period are 15,963 and 15,966, respectively. We have considered Mizrahi Tefahot'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.
Market Value
16,000
15,963
Downside
15,964
Expected Value
15,966
Upside

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 Mizrahi Tefahot stock data series using in forecasting. Note that when a statistical model is used to represent Mizrahi Tefahot 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 Criteria129.9826
BiasArithmetic mean of the errors None
MADMean absolute deviation314.9761
MAPEMean absolute percentage error0.022
SAESum of the absolute errors19213.544
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Mizrahi Tefahot historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Mizrahi Tefahot

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mizrahi Tefahot. 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
15,99916,00016,001
Details
Intrinsic
Valuation
LowRealHigh
14,40018,02018,021
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14,09415,41316,732
Details

Other Forecasting Options for Mizrahi Tefahot

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

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

Mizrahi Tefahot 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 Mizrahi Tefahot'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 Mizrahi Tefahot's current price.

Mizrahi Tefahot Market Strength Events

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

Mizrahi Tefahot Risk Indicators

The analysis of Mizrahi Tefahot'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 Mizrahi Tefahot's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mizrahi 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.

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 Mizrahi Stock

Mizrahi Tefahot financial ratios help investors to determine whether Mizrahi 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 Mizrahi with respect to the benefits of owning Mizrahi Tefahot security.