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.
Mizrahi |
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 Tefahot | Mizrahi Tefahot Price Prediction | Buy 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.
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.AIC | Akaike Information Criteria | 129.9826 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 314.9761 |
MAPE | Mean absolute percentage error | 0.022 |
SAE | Sum of the absolute errors | 19213.544 |
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.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.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Accumulation Distribution | 0.0243 | |||
Daily Balance Of Power | 0.2564 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 15855.0 | |||
Day Typical Price | 15903.33 | |||
Market Facilitation Index | 390.0 | |||
Price Action Indicator | 195.0 | |||
Period Momentum Indicator | 100.0 |
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.
Mean Deviation | 1.24 | |||
Semi Deviation | 1.27 | |||
Standard Deviation | 1.53 | |||
Variance | 2.34 | |||
Downside Variance | 2.0 | |||
Semi Variance | 1.62 | |||
Expected Short fall | (1.45) |
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.