Markforged Holding Stock Forecast - Polynomial Regression

MKFG Stock  USD 0.81  0.05  6.58%   
The Polynomial Regression forecasted value of Markforged Holding Corp on the next trading day is expected to be 0.86 with a mean absolute deviation of  0.04  and the sum of the absolute errors of 2.27. Markforged Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Markforged Holding stock prices and determine the direction of Markforged Holding Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Markforged Holding's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Markforged Holding's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Markforged Holding's systematic risk associated with finding meaningful patterns of Markforged Holding fundamentals over time.
Check out Historical Fundamental Analysis of Markforged Holding to cross-verify your projections.
  
At this time, Markforged Holding's Asset Turnover is most likely to slightly decrease in the upcoming years. . The current Common Stock Shares Outstanding is estimated to decrease to about 159.4 M. The current Net Loss is estimated to decrease to about (30.7 M).

Open Interest Against 2024-04-19 Markforged Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Markforged Holding's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Markforged Holding's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Markforged Holding stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Markforged Holding's open interest, investors have to compare it to Markforged Holding's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Markforged Holding is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Markforged. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Markforged Holding 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 Markforged Holding's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Markforged Holding's price structures and extracts relationships that further increase the generated results' accuracy.
Markforged Holding polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Markforged Holding Corp as well as the accuracy indicators are determined from the period prices.

Markforged Holding Polynomial Regression Price Forecast For the 29th of March

Given 90 days horizon, the Polynomial Regression forecasted value of Markforged Holding Corp on the next trading day is expected to be 0.86 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.27.
Please note that although there have been many attempts to predict Markforged 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 Markforged Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Markforged Holding Stock Forecast Pattern

Backtest Markforged HoldingMarkforged Holding Price PredictionBuy or Sell Advice 

Markforged Holding Forecasted Value

In the context of forecasting Markforged Holding'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. Markforged Holding's downside and upside margins for the forecasting period are 0.01 and 5.54, respectively. We have considered Markforged Holding'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
0.81
0.86
Expected Value
5.54
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Markforged Holding stock data series using in forecasting. Note that when a statistical model is used to represent Markforged Holding 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 Criteria113.8485
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0366
MAPEMean absolute percentage error0.05
SAESum of the absolute errors2.2714
A single variable polynomial regression model attempts to put a curve through the Markforged Holding historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Markforged Holding

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Markforged Holding Corp. 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 Markforged Holding'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
0.040.815.49
Details
Intrinsic
Valuation
LowRealHigh
0.061.205.88
Details
4 Analysts
Consensus
LowTargetHigh
2.322.552.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Markforged Holding. Your research has to be compared to or analyzed against Markforged Holding's peers to derive any actionable benefits. When done correctly, Markforged Holding'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 Markforged Holding Corp.

Other Forecasting Options for Markforged Holding

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

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

Markforged Holding Corp 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 Markforged Holding'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 Markforged Holding's current price.

Markforged Holding Market Strength Events

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

Markforged Holding Risk Indicators

The analysis of Markforged Holding'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 Markforged Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting markforged 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 Markforged Holding 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, Markforged Holding's short interest history, or implied volatility extrapolated from Markforged Holding options trading.

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When determining whether Markforged Holding Corp is a strong investment it is important to analyze Markforged Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Markforged Holding's future performance. For an informed investment choice regarding Markforged Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Markforged Holding to cross-verify your projections.
Note that the Markforged Holding Corp information on this page should be used as a complementary analysis to other Markforged Holding'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 the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Markforged Holding's price analysis, check to measure Markforged Holding'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 Markforged Holding is operating at the current time. Most of Markforged Holding's value examination focuses on studying past and present price action to predict the probability of Markforged Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Markforged Holding's price. Additionally, you may evaluate how the addition of Markforged Holding to your portfolios can decrease your overall portfolio volatility.
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Is Markforged Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Markforged Holding. If investors know Markforged will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Markforged Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.53)
Revenue Per Share
0.476
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.17)
Return On Equity
(0.50)
The market value of Markforged Holding Corp is measured differently than its book value, which is the value of Markforged that is recorded on the company's balance sheet. Investors also form their own opinion of Markforged Holding's value that differs from its market value or its book value, called intrinsic value, which is Markforged Holding'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 Markforged Holding's market value can be influenced by many factors that don't directly affect Markforged Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Markforged Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Markforged Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Markforged Holding'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.