A2Z Smart OTC Stock Forecast - Naive Prediction

AAZZF -  USA Stock  

USD 6.90  0.01  0.14%

AAZZF OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast A2Z Smart historical stock prices and determine the direction of A2Z Smart Technologies's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of A2Z Smart historical fundamentals such as revenue growth or operating cash flow patterns.
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Most investors in A2Z Smart 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 A2Z Smart's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets A2Z Smart's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for A2Z Smart is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of A2Z Smart Technologies 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.

A2Z Smart Naive Prediction Price Forecast For the 29th of September

Given 90 days horizon, the Naive Prediction forecasted value of A2Z Smart Technologies on the next trading day is expected to be 6.50 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.28, and the sum of the absolute errors of 21.94. Please note that although there have been many attempts to predict AAZZF OTC 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 A2Z Smart's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

A2Z Smart OTC Stock Forecast Pattern

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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 A2Z Smart otc stock data series using in forecasting. Note that when a statistical model is used to represent A2Z Smart otc 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 Criteria116.8392
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3596
MAPEMean absolute percentage error0.119
SAESum of the absolute errors21.9354
This model is not at all useful as a medium-long range forecasting tool of A2Z Smart Technologies. 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 A2Z Smart. 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 A2Z Smart

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as A2Z Smart Technologies. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of A2Z Smart'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. Please use the tools below to analyze the current value of A2Z Smart in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.346.8636.08
Details
Intrinsic
Valuation
LowReal ValueHigh
0.244.7133.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.764.428.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as A2Z Smart. Your research has to be compared to or analyzed against A2Z Smart's peers to derive any actionable benefits. When done correctly, A2Z Smart's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in A2Z Smart Technologies.

View Currently 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 A2Z Smart otc stock to make a market-neutral strategy. Peer analysis of A2Z Smart could also be used in its relative valuation, which is a method of valuing A2Z Smart by comparing valuation metrics with similar companies.

A2Z Smart Risk Indicators

The analysis of A2Z Smart's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in A2Z Smart's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting A2Z Smart stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in A2Z Smart without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with A2Z Smart

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 A2Z Smart 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 A2Z Smart will appreciate offsetting losses from the drop in the long position's value.

A2Z Smart Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for A2Z Smart and Rockwell Collins. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please continue to Trending Equities. Note that the A2Z Smart Technologies information on this page should be used as a complementary analysis to other A2Z Smart's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for AAZZF OTC Stock analysis

When running A2Z Smart Technologies price analysis, check to measure A2Z Smart's 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 A2Z Smart is operating at the current time. Most of A2Z Smart's value examination focuses on studying past and present price action to predict the probability of A2Z Smart's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move A2Z Smart's price. Additionally, you may evaluate how the addition of A2Z Smart to your portfolios can decrease your overall portfolio volatility.
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The market value of A2Z Smart Technologies is measured differently than its book value, which is the value of AAZZF that is recorded on the company's balance sheet. Investors also form their own opinion of A2Z Smart's value that differs from its market value or its book value, called intrinsic value, which is A2Z Smart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because A2Z Smart's market value can be influenced by many factors that don't directly affect A2Z Smart Technologies underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between A2Z Smart's value and its price as these two are different measures arrived at by different means. Investors typically determine A2Z Smart value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A2Z Smart'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.