Marksmen Energy Stock Forecast - Naive Prediction

MAH Stock  CAD 0.01  0.01  50.00%   
The Naive Prediction forecasted value of Marksmen Energy on the next trading day is expected to be 0.01 with a mean absolute deviation of  0  and the sum of the absolute errors of 0.25. Marksmen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Marksmen Energy stock prices and determine the direction of Marksmen Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Marksmen Energy's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Marksmen Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Marksmen Energy's systematic risk associated with finding meaningful patterns of Marksmen Energy fundamentals over time.
Check out Historical Fundamental Analysis of Marksmen Energy to cross-verify your projections.
  
At this time, Marksmen Energy's Other Liabilities is fairly stable compared to the past year. Accounts Payable is likely to climb to about 1.2 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 133.1 K in 2024.
Most investors in Marksmen Energy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Marksmen Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Marksmen Energy's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Marksmen Energy is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Marksmen Energy 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.

Marksmen Energy Naive Prediction Price Forecast For the 28th of April

Given 90 days horizon, the Naive Prediction forecasted value of Marksmen Energy on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.000022, and the sum of the absolute errors of 0.25.
Please note that although there have been many attempts to predict Marksmen 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 Marksmen Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Marksmen Energy Stock Forecast Pattern

Backtest Marksmen EnergyMarksmen Energy Price PredictionBuy or Sell Advice 

Marksmen Energy Forecasted Value

In the context of forecasting Marksmen Energy'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. Marksmen Energy's downside and upside margins for the forecasting period are 0.0001 and 27.88, respectively. We have considered Marksmen Energy'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
0.01
0.0001
Downside
0.01
Expected Value
27.88
Upside

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 Marksmen Energy stock data series using in forecasting. Note that when a statistical model is used to represent Marksmen Energy 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 Criteria109.2206
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0041
MAPEMean absolute percentage error0.2036
SAESum of the absolute errors0.2539
This model is not at all useful as a medium-long range forecasting tool of Marksmen Energy. 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 Marksmen Energy. 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 Marksmen Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Marksmen Energy. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marksmen Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.0127.88
Details
Intrinsic
Valuation
LowRealHigh
0.000.0127.88
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Marksmen Energy. Your research has to be compared to or analyzed against Marksmen Energy's peers to derive any actionable benefits. When done correctly, Marksmen Energy'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 Marksmen Energy.

Other Forecasting Options for Marksmen Energy

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

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

Marksmen Energy 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 Marksmen Energy'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 Marksmen Energy's current price.

Marksmen Energy Market Strength Events

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

Marksmen Energy Risk Indicators

The analysis of Marksmen Energy'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 Marksmen Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting marksmen 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Marksmen Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Marksmen Energy's short interest history, or implied volatility extrapolated from Marksmen Energy options trading.

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Check out Historical Fundamental Analysis of Marksmen Energy to cross-verify your projections.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Please note, there is a significant difference between Marksmen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marksmen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marksmen Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.