Nayax Stock Forward View

Nayax Additional Predictive Modules

Most predictive techniques to examine Nayax price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nayax using various technical indicators. When you analyze Nayax 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. A naive forecasting model for Nayax is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Nayax value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Nayax Naive Prediction Price Forecast For the 5th of February

Given 90 days horizon, the Naive Prediction forecasted value of Nayax on the next trading day is expected to be 51.21 with a mean absolute deviation of 0.89, mean absolute percentage error of 1.31, and the sum of the absolute errors of 54.26.

Nayax Stock Forecast Pattern

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Nayax Price Prediction

Research Analysis

Nayax Forecasted Value

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 Nayax stock data series using in forecasting. Note that when a statistical model is used to represent Nayax 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. This model is not at all useful as a medium-long range forecasting tool of Nayax. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Nayax. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Nayax

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nayax. 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 Low Estimated High 52.83 55.43 58.03 Details

Intrinsic Valuation Low Real High 45.77 48.37 61.59 Details

Bollinger Band Projection (param) Low Middle High 49.87 56.13 62.39 Details

5 Analysts Consensus Low Target High 48.80 53.62 59.52 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nayax. Your research has to be compared to or analyzed against Nayax's peers to derive any actionable benefits. When done correctly, Nayax's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nayax.

Nayax After-Hype Price Density Analysis

Nayax Estimiated After-Hype Price Volatility

Nayax Stock Price Outlook Analysis

Notes

Nayax Hype Timeline

Nayax is now traded for 55.99. The entity has historical hype elasticity of -0.7, and average elasticity to hype of competition of -0.01. Nayax is forecasted to decline in value after the next headline, with the price expected to drop to 55.43. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -1.0%, whereas the daily expected return is now at 0.6%. The volatility of related hype on Nayax is about 20500.0%, with the expected price after the next announcement by competition of 55.98. About 61.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. Nayax had 1:10 split on the 12th of September 2022. Given the investment horizon of 90 days the next forecasted press release will be in about 7 days. Check out Historical Fundamental Analysis of Nayax to cross-verify your projections. For more information on how to buy Nayax Stock please use our How to Invest in Nayax guide.

Nayax Related Hype Analysis

Other Forecasting Options for Nayax

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

Nayax Related Equities

Risk & Return

Correlation

Nayax Market Strength Events

Nayax Risk Indicators

Story Coverage note for Nayax

Other Macroaxis Stories

Nayax Short Properties

Additional Tools for Nayax Stock Analysis