MMTEC Stock Forecast - 8 Period Moving Average
| MTC Stock | USD 1.62 0.08 4.71% |
The 8 Period Moving Average forecasted value of MMTEC Inc on the next trading day is expected to be 1.68 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 11.55. MMTEC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MMTEC stock prices and determine the direction of MMTEC Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MMTEC's historical fundamentals, such as revenue growth or operating cash flow patterns. Although MMTEC's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of MMTEC's systematic risk associated with finding meaningful patterns of MMTEC fundamentals over time.
Check out Historical Fundamental Analysis of MMTEC to cross-verify your projections. MMTEC |
Most investors in MMTEC 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 MMTEC's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets MMTEC's price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for MMTEC is based on an artificially constructed time series of MMTEC daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. MMTEC 8 Period Moving Average Price Forecast For the 20th of April
Given 90 days horizon, the 8 Period Moving Average forecasted value of MMTEC Inc on the next trading day is expected to be 1.68 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.11, and the sum of the absolute errors of 11.55.Please note that although there have been many attempts to predict MMTEC 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 MMTEC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MMTEC Stock Forecast Pattern
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MMTEC Forecasted Value
In the context of forecasting MMTEC'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. MMTEC's downside and upside margins for the forecasting period are 0.02 and 17.23, respectively. We have considered MMTEC'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of MMTEC stock data series using in forecasting. Note that when a statistical model is used to represent MMTEC 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.| AIC | Akaike Information Criteria | 101.2166 |
| Bias | Arithmetic mean of the errors | 2.0E-4 |
| MAD | Mean absolute deviation | 0.2179 |
| MAPE | Mean absolute percentage error | 0.1238 |
| SAE | Sum of the absolute errors | 11.5488 |
Predictive Modules for MMTEC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MMTEC Inc. 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 MMTEC'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 MMTEC
For every potential investor in MMTEC, whether a beginner or expert, MMTEC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MMTEC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MMTEC. Basic forecasting techniques help filter out the noise by identifying MMTEC's price trends.MMTEC 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 MMTEC stock to make a market-neutral strategy. Peer analysis of MMTEC could also be used in its relative valuation, which is a method of valuing MMTEC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MMTEC Inc 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 MMTEC'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 MMTEC's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MMTEC Market Strength Events
Market strength indicators help investors to evaluate how MMTEC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MMTEC shares will generate the highest return on investment. By undertsting and applying MMTEC stock market strength indicators, traders can identify MMTEC Inc entry and exit signals to maximize returns.
| Accumulation Distribution | 11144.33 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 1.58 | |||
| Day Typical Price | 1.59 | |||
| Period Momentum Indicator | (0.08) |
MMTEC Risk Indicators
The analysis of MMTEC'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 MMTEC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mmtec 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.
| Mean Deviation | 7.88 | |||
| Semi Deviation | 6.83 | |||
| Standard Deviation | 15.44 | |||
| Variance | 238.39 | |||
| Downside Variance | 57.3 | |||
| Semi Variance | 46.69 | |||
| Expected Short fall | (11.47) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of MMTEC to cross-verify your projections. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for MMTEC Stock analysis
When running MMTEC's price analysis, check to measure MMTEC'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 MMTEC is operating at the current time. Most of MMTEC's value examination focuses on studying past and present price action to predict the probability of MMTEC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MMTEC's price. Additionally, you may evaluate how the addition of MMTEC to your portfolios can decrease your overall portfolio volatility.
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Is MMTEC'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 MMTEC. If investors know MMTEC 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 MMTEC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.15) | Revenue Per Share 0.184 | Quarterly Revenue Growth 2.895 | Return On Assets (0.06) | Return On Equity (0.51) |
The market value of MMTEC Inc is measured differently than its book value, which is the value of MMTEC that is recorded on the company's balance sheet. Investors also form their own opinion of MMTEC's value that differs from its market value or its book value, called intrinsic value, which is MMTEC'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 MMTEC's market value can be influenced by many factors that don't directly affect MMTEC'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 MMTEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MMTEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMTEC'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.