Mainz Biomed Stock Forecast - Simple Moving Average
| MYNZ Stock | USD 0.87 0.04 4.40% |
The Simple Moving Average forecasted value of Mainz Biomed BV on the next trading day is expected to be 0.87 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.04. Mainz Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mainz Biomed stock prices and determine the direction of Mainz Biomed BV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mainz Biomed's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Mainz Biomed's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Mainz Biomed's systematic risk associated with finding meaningful patterns of Mainz Biomed fundamentals over time.
Check out Historical Fundamental Analysis of Mainz Biomed to cross-verify your projections. Mainz |
Most investors in Mainz Biomed 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 Mainz Biomed's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Mainz Biomed's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Mainz Biomed is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility. Mainz Biomed Simple Moving Average Price Forecast For the 24th of April
Given 90 days horizon, the Simple Moving Average forecasted value of Mainz Biomed BV on the next trading day is expected to be 0.87 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.04.Please note that although there have been many attempts to predict Mainz 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 Mainz Biomed's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mainz Biomed Stock Forecast Pattern
| Backtest Mainz Biomed | Mainz Biomed Price Prediction | Buy or Sell Advice |
Mainz Biomed Forecasted Value
In the context of forecasting Mainz Biomed'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. Mainz Biomed's downside and upside margins for the forecasting period are 0.01 and 5.88, respectively. We have considered Mainz Biomed'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Mainz Biomed stock data series using in forecasting. Note that when a statistical model is used to represent Mainz Biomed 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 | 108.502 |
| Bias | Arithmetic mean of the errors | 0.0038 |
| MAD | Mean absolute deviation | 0.0347 |
| MAPE | Mean absolute percentage error | 0.0345 |
| SAE | Sum of the absolute errors | 2.045 |
Predictive Modules for Mainz Biomed
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mainz Biomed BV. 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 Mainz Biomed'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 Mainz Biomed
For every potential investor in Mainz, whether a beginner or expert, Mainz Biomed's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mainz Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mainz. Basic forecasting techniques help filter out the noise by identifying Mainz Biomed's price trends.View Mainz Biomed Related Equities
| Risk & Return | Correlation |
Mainz Biomed BV 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 Mainz Biomed'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 Mainz Biomed's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Mainz Biomed Market Strength Events
Market strength indicators help investors to evaluate how Mainz Biomed stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mainz Biomed shares will generate the highest return on investment. By undertsting and applying Mainz Biomed stock market strength indicators, traders can identify Mainz Biomed BV entry and exit signals to maximize returns.
Mainz Biomed Risk Indicators
The analysis of Mainz Biomed'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 Mainz Biomed's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mainz 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 | 3.3 | |||
| Standard Deviation | 4.9 | |||
| Variance | 24.06 |
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.
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 ArchitectCheck out Historical Fundamental Analysis of Mainz Biomed to cross-verify your projections. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Mainz Stock analysis
When running Mainz Biomed's price analysis, check to measure Mainz Biomed'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 Mainz Biomed is operating at the current time. Most of Mainz Biomed's value examination focuses on studying past and present price action to predict the probability of Mainz Biomed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mainz Biomed's price. Additionally, you may evaluate how the addition of Mainz Biomed to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
Is Mainz Biomed'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 Mainz Biomed. If investors know Mainz 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 Mainz Biomed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.62) | Revenue Per Share 0.055 | Quarterly Revenue Growth 0.111 | Return On Assets (0.93) | Return On Equity (3.03) |
The market value of Mainz Biomed BV is measured differently than its book value, which is the value of Mainz that is recorded on the company's balance sheet. Investors also form their own opinion of Mainz Biomed's value that differs from its market value or its book value, called intrinsic value, which is Mainz Biomed'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 Mainz Biomed's market value can be influenced by many factors that don't directly affect Mainz Biomed'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 Mainz Biomed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mainz Biomed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainz Biomed'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.