Mullen Automotive Stock Forecast - 4 Period Moving Average

MULN Stock  USD 5.20  0.85  19.54%   
The 4 Period Moving Average forecasted value of Mullen Automotive on the next trading day is expected to be 4.76 with a mean absolute deviation of  0.65  and the sum of the absolute errors of 37.70. Mullen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mullen Automotive stock prices and determine the direction of Mullen Automotive's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mullen Automotive's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Mullen Automotive's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Mullen Automotive's systematic risk associated with finding meaningful patterns of Mullen Automotive fundamentals over time.
Check out Historical Fundamental Analysis of Mullen Automotive to cross-verify your projections.
To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.
  
At this time, Mullen Automotive's Payables Turnover is very stable compared to the past year. As of the 29th of March 2024, Fixed Asset Turnover is likely to grow to 1,082, while Inventory Turnover is likely to drop 0.02. . As of the 29th of March 2024, Common Stock Shares Outstanding is likely to grow to about 74 K, though Net Loss is likely to grow to (666.9 M).

Open Interest Against 2024-04-19 Mullen Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Mullen Automotive'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 Mullen Automotive's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Mullen Automotive stock based on available contracts left at the end of a trading day.
No Open Interest
Please note that to derive more accurate forecasting about market movement from the current Mullen Automotive's open interest, investors have to compare it to Mullen Automotive'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 Mullen Automotive 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 Mullen. 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 Mullen Automotive 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 Mullen Automotive's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Mullen Automotive's price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for Mullen Automotive is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Mullen Automotive 4 Period Moving Average Price Forecast For the 30th of March

Given 90 days horizon, the 4 Period Moving Average forecasted value of Mullen Automotive on the next trading day is expected to be 4.76 with a mean absolute deviation of 0.65, mean absolute percentage error of 0.86, and the sum of the absolute errors of 37.70.
Please note that although there have been many attempts to predict Mullen 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 Mullen Automotive's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mullen Automotive Stock Forecast Pattern

Backtest Mullen AutomotiveMullen Automotive Price PredictionBuy or Sell Advice 

Mullen Automotive Forecasted Value

In the context of forecasting Mullen Automotive'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. Mullen Automotive's downside and upside margins for the forecasting period are 0.05 and 11.99, respectively. We have considered Mullen Automotive'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
5.20
4.76
Expected Value
11.99
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Mullen Automotive stock data series using in forecasting. Note that when a statistical model is used to represent Mullen Automotive 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 Criteria112.4452
BiasArithmetic mean of the errors 0.3467
MADMean absolute deviation0.65
MAPEMean absolute percentage error0.0877
SAESum of the absolute errors37.7
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Mullen Automotive. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Mullen Automotive and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Mullen Automotive

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mullen Automotive. 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 Mullen Automotive'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
0.265.2112.46
Details
Intrinsic
Valuation
LowRealHigh
2.359.6016.85
Details
0 Analysts
Consensus
LowTargetHigh
20.9323.0025.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mullen Automotive. Your research has to be compared to or analyzed against Mullen Automotive's peers to derive any actionable benefits. When done correctly, Mullen Automotive'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 Mullen Automotive.

Other Forecasting Options for Mullen Automotive

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

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

Mullen Automotive 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 Mullen Automotive'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 Mullen Automotive's current price.

Mullen Automotive Market Strength Events

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

Mullen Automotive Risk Indicators

The analysis of Mullen Automotive'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 Mullen Automotive's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mullen 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.

Mullen Automotive Investors Sentiment

The influence of Mullen Automotive's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Mullen. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Mullen Automotive's public news can be used to forecast risks associated with an investment in Mullen. The trend in average sentiment can be used to explain how an investor holding Mullen can time the market purely based on public headlines and social activities around Mullen Automotive. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Mullen Automotive's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Mullen Automotive's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Mullen Automotive's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Mullen Automotive.
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 Mullen Automotive 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, Mullen Automotive's short interest history, or implied volatility extrapolated from Mullen Automotive options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Mullen Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mullen Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mullen Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mullen Automotive Stock:
Check out Historical Fundamental Analysis of Mullen Automotive to cross-verify your projections.
To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Mullen Stock analysis

When running Mullen Automotive's price analysis, check to measure Mullen Automotive'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 Mullen Automotive is operating at the current time. Most of Mullen Automotive's value examination focuses on studying past and present price action to predict the probability of Mullen Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mullen Automotive's price. Additionally, you may evaluate how the addition of Mullen Automotive to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Bonds Directory
Find actively traded corporate debentures issued by US companies
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Is Mullen Automotive'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 Mullen Automotive. If investors know Mullen 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 Mullen Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
-9.5 K
Revenue Per Share
0.229
Return On Assets
(0.42)
Return On Equity
(4.73)
The market value of Mullen Automotive is measured differently than its book value, which is the value of Mullen that is recorded on the company's balance sheet. Investors also form their own opinion of Mullen Automotive's value that differs from its market value or its book value, called intrinsic value, which is Mullen Automotive'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 Mullen Automotive's market value can be influenced by many factors that don't directly affect Mullen Automotive'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 Mullen Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mullen Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mullen Automotive'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.