Magellan Aerospace Pink Sheet Forecast - 20 Period Moving Average
| MALJF Stock | USD 5.81 0.04 0.68% |
The 20 Period Moving Average forecasted value of Magellan Aerospace on the next trading day is expected to be 5.92 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 5.39. Magellan Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Magellan Aerospace stock prices and determine the direction of Magellan Aerospace's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Magellan Aerospace's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Magellan Aerospace to cross-verify your projections. Magellan |
Most investors in Magellan Aerospace 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 Magellan Aerospace's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Magellan Aerospace's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Magellan Aerospace is based on a synthetically constructed Magellan Aerospacedaily 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. Magellan Aerospace 20 Period Moving Average Price Forecast For the 19th of April
Given 90 days horizon, the 20 Period Moving Average forecasted value of Magellan Aerospace on the next trading day is expected to be 5.92 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.39.Please note that although there have been many attempts to predict Magellan Pink Sheet 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 Magellan Aerospace's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Magellan Aerospace Pink Sheet Forecast Pattern
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Magellan Aerospace Forecasted Value
In the context of forecasting Magellan Aerospace's Pink Sheet 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. Magellan Aerospace's downside and upside margins for the forecasting period are 4.76 and 7.08, respectively. We have considered Magellan Aerospace'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Magellan Aerospace pink sheet data series using in forecasting. Note that when a statistical model is used to represent Magellan Aerospace pink sheet, 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 | 77.5319 |
| Bias | Arithmetic mean of the errors | -0.009 |
| MAD | Mean absolute deviation | 0.1315 |
| MAPE | Mean absolute percentage error | 0.022 |
| SAE | Sum of the absolute errors | 5.3935 |
Predictive Modules for Magellan Aerospace
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magellan Aerospace. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Magellan Aerospace'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.
Other Forecasting Options for Magellan Aerospace
For every potential investor in Magellan, whether a beginner or expert, Magellan Aerospace's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magellan Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magellan. Basic forecasting techniques help filter out the noise by identifying Magellan Aerospace's price trends.Magellan Aerospace 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 Magellan Aerospace pink sheet to make a market-neutral strategy. Peer analysis of Magellan Aerospace could also be used in its relative valuation, which is a method of valuing Magellan Aerospace by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Magellan Aerospace Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Magellan Aerospace'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 Magellan Aerospace's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Magellan Aerospace Market Strength Events
Market strength indicators help investors to evaluate how Magellan Aerospace pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magellan Aerospace shares will generate the highest return on investment. By undertsting and applying Magellan Aerospace pink sheet market strength indicators, traders can identify Magellan Aerospace entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 5.81 | |||
| Day Typical Price | 5.81 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.04) | |||
| Relative Strength Index | 94.72 |
Magellan Aerospace Risk Indicators
The analysis of Magellan Aerospace'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 Magellan Aerospace's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magellan pink sheet 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 | 0.8733 | |||
| Semi Deviation | 1.24 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.12 | |||
| Downside Variance | 4.18 | |||
| Semi Variance | 1.55 | |||
| Expected Short fall | (1.47) |
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 Magellan Aerospace 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, Magellan Aerospace's short interest history, or implied volatility extrapolated from Magellan Aerospace options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Magellan Aerospace to cross-verify your projections. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Magellan Pink Sheet analysis
When running Magellan Aerospace's price analysis, check to measure Magellan Aerospace'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 Magellan Aerospace is operating at the current time. Most of Magellan Aerospace's value examination focuses on studying past and present price action to predict the probability of Magellan Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magellan Aerospace's price. Additionally, you may evaluate how the addition of Magellan Aerospace to your portfolios can decrease your overall portfolio volatility.
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