Soluna Holdings Preferred Stock Forecast - 20 Period Moving Average

SLNHP Preferred Stock  USD 11.11  0.18  1.59%   
The 20 Period Moving Average forecasted value of Soluna Holdings Preferred on the next trading day is expected to be 11.65 with a mean absolute deviation of 1.88 and the sum of the absolute errors of 76.95. Soluna Preferred Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Soluna Holdings Preferred is based on a synthetically constructed Soluna Holdingsdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Soluna Holdings 20 Period Moving Average Price Forecast For the 29th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of Soluna Holdings Preferred on the next trading day is expected to be 11.65 with a mean absolute deviation of 1.88, mean absolute percentage error of 7.35, and the sum of the absolute errors of 76.95.
Please note that although there have been many attempts to predict Soluna Preferred 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 Soluna Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Soluna Holdings Preferred Stock Forecast Pattern

Backtest Soluna HoldingsSoluna Holdings Price PredictionBuy or Sell Advice 

Soluna Holdings Forecasted Value

In the context of forecasting Soluna Holdings' Preferred 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. Soluna Holdings' downside and upside margins for the forecasting period are 3.73 and 19.56, respectively. We have considered Soluna Holdings' 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
11.11
11.65
Expected Value
19.56
Upside

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 Soluna Holdings preferred stock data series using in forecasting. Note that when a statistical model is used to represent Soluna Holdings preferred 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 Criteria83.3478
BiasArithmetic mean of the errors -1.6808
MADMean absolute deviation1.8769
MAPEMean absolute percentage error0.1746
SAESum of the absolute errors76.954
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Soluna Holdings Preferred 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Soluna Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Soluna Holdings Preferred. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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
3.2011.1119.02
Details
Intrinsic
Valuation
LowRealHigh
0.598.5016.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Soluna Holdings. Your research has to be compared to or analyzed against Soluna Holdings' peers to derive any actionable benefits. When done correctly, Soluna Holdings' 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 Soluna Holdings Preferred.

Other Forecasting Options for Soluna Holdings

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

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

Soluna Holdings Preferred Technical and Predictive Analytics

The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Soluna Holdings' 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 Soluna Holdings' current price.

Soluna Holdings Market Strength Events

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

Soluna Holdings Risk Indicators

The analysis of Soluna Holdings' 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 Soluna Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting soluna preferred 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.

Pair Trading with Soluna Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Soluna Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Soluna Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Soluna Preferred Stock

  0.87FI Fiserv,PairCorr
  0.83DMRC DigimarcPairCorr

Moving against Soluna Preferred Stock

  0.57GIB CGI IncPairCorr
  0.49JFU 9F IncPairCorr
  0.44VEEA Veea Inc Symbol ChangePairCorr
  0.35CTM CastellumPairCorr
The ability to find closely correlated positions to Soluna Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Soluna Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Soluna Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Soluna Holdings Preferred to buy it.
The correlation of Soluna Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Soluna Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soluna Holdings Preferred moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Soluna Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Soluna Preferred Stock Analysis

When running Soluna Holdings' price analysis, check to measure Soluna Holdings' 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 Soluna Holdings is operating at the current time. Most of Soluna Holdings' value examination focuses on studying past and present price action to predict the probability of Soluna Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soluna Holdings' price. Additionally, you may evaluate how the addition of Soluna Holdings to your portfolios can decrease your overall portfolio volatility.