Magle Chemoswed Stock Forecast - Naive Prediction
| MAGLE Stock | SEK 13.20 0.20 1.49% |
The Naive Prediction forecasted value of Magle Chemoswed Holding on the next trading day is expected to be 11.82 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.65. Magle Stock Forecast is based on your current time horizon.
At this time the value of rsi of Magle Chemoswed's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Magle Chemoswed hype-based prediction, you can estimate the value of Magle Chemoswed Holding from the perspective of Magle Chemoswed response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Magle Chemoswed Holding on the next trading day is expected to be 11.82 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.65. Magle Chemoswed after-hype prediction price | SEK 13.2 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Magle |
Magle Chemoswed Additional Predictive Modules
Most predictive techniques to examine Magle price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Magle using various technical indicators. When you analyze Magle charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Magle Chemoswed Naive Prediction Price Forecast For the 26th of January
Given 90 days horizon, the Naive Prediction forecasted value of Magle Chemoswed Holding on the next trading day is expected to be 11.82 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.37, and the sum of the absolute errors of 28.65.Please note that although there have been many attempts to predict Magle 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 Magle Chemoswed's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Magle Chemoswed Stock Forecast Pattern
| Backtest Magle Chemoswed | Magle Chemoswed Price Prediction | Buy or Sell Advice |
Magle Chemoswed Forecasted Value
In the context of forecasting Magle Chemoswed'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. Magle Chemoswed's downside and upside margins for the forecasting period are 7.99 and 15.65, respectively. We have considered Magle Chemoswed'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Magle Chemoswed stock data series using in forecasting. Note that when a statistical model is used to represent Magle Chemoswed 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 | 117.1169 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4697 |
| MAPE | Mean absolute percentage error | 0.0274 |
| SAE | Sum of the absolute errors | 28.6514 |
Predictive Modules for Magle Chemoswed
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magle Chemoswed Holding. 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 Magle Chemoswed'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.
Magle Chemoswed After-Hype Price Prediction Density Analysis
As far as predicting the price of Magle Chemoswed at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Magle Chemoswed or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Magle Chemoswed, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Magle Chemoswed Estimiated After-Hype Price Volatility
In the context of predicting Magle Chemoswed's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Magle Chemoswed's historical news coverage. Magle Chemoswed's after-hype downside and upside margins for the prediction period are 9.37 and 17.03, respectively. We have considered Magle Chemoswed's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Magle Chemoswed is somewhat reliable at this time. Analysis and calculation of next after-hype price of Magle Chemoswed Holding is based on 3 months time horizon.
Magle Chemoswed Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Magle Chemoswed is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magle Chemoswed backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Magle Chemoswed, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.62 | 3.83 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
13.20 | 13.20 | 0.00 |
|
Magle Chemoswed Hype Timeline
Magle Chemoswed Holding is now traded for 13.20on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Magle is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at -0.62%. %. The volatility of related hype on Magle Chemoswed is about 0.0%, with the expected price after the next announcement by competition of 13.20. About 79.0% of the company outstanding shares are owned by corporate insiders. The book value of Magle Chemoswed was now reported as 13.71. The company has Price/Earnings (P/E) ratio of 133.33. Magle Chemoswed Holding had not issued any dividends in recent years. The entity had 607:597 split on the 30th of November 2020. Assuming the 90 days trading horizon the next projected press release will be uncertain. Check out Historical Fundamental Analysis of Magle Chemoswed to cross-verify your projections.Magle Chemoswed Related Hype Analysis
Having access to credible news sources related to Magle Chemoswed's direct competition is more important than ever and may enhance your ability to predict Magle Chemoswed's future price movements. Getting to know how Magle Chemoswed's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Magle Chemoswed may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| IMMU | Mendus AB | 0.00 | 0 per month | 4.37 | 0.01 | 10.26 | (7.59) | 22.62 | |
| ACE | Ascelia Pharma AB | 0.00 | 0 per month | 3.11 | (0) | 5.24 | (4.35) | 17.09 | |
| CLBIO | Corline Biomedical AB | 0.00 | 0 per month | 0.00 | (0.1) | 5.49 | (4.55) | 15.98 | |
| ELIC | Elicera Therapeutics AB | 0.00 | 0 per month | 0.00 | (0.05) | 5.36 | (4.31) | 27.84 | |
| IVACC | Intervacc AB | 0.00 | 0 per month | 0.00 | (0.08) | 4.17 | (4.00) | 21.85 | |
| XINT | Xintela AB | 0.00 | 0 per month | 0.00 | (0.07) | 6.25 | (7.32) | 36.46 | |
| MOB | Moberg Pharma AB | 0.00 | 0 per month | 2.51 | 0.05 | 4.58 | (4.91) | 34.16 | |
| KDEV | Karolinska Development AB | 0.00 | 0 per month | 0.00 | (0.15) | 3.33 | (13.16) | 47.86 | |
| BIOWKS | Bio Works Technologies AB | 0.00 | 0 per month | 3.58 | 0.10 | 8.89 | (5.68) | 22.00 | |
| IRLAB-A | IRLAB Therapeutics AB | 0.00 | 0 per month | 0.00 | (0.17) | 4.55 | (5.12) | 14.42 |
Other Forecasting Options for Magle Chemoswed
For every potential investor in Magle, whether a beginner or expert, Magle Chemoswed's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magle Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magle. Basic forecasting techniques help filter out the noise by identifying Magle Chemoswed's price trends.Magle Chemoswed 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 Magle Chemoswed stock to make a market-neutral strategy. Peer analysis of Magle Chemoswed could also be used in its relative valuation, which is a method of valuing Magle Chemoswed by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Magle Chemoswed Market Strength Events
Market strength indicators help investors to evaluate how Magle Chemoswed stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magle Chemoswed shares will generate the highest return on investment. By undertsting and applying Magle Chemoswed stock market strength indicators, traders can identify Magle Chemoswed Holding entry and exit signals to maximize returns.
Magle Chemoswed Risk Indicators
The analysis of Magle Chemoswed'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 Magle Chemoswed's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magle 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 | 2.85 | |||
| Standard Deviation | 3.89 | |||
| Variance | 15.16 |
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.
Story Coverage note for Magle Chemoswed
The number of cover stories for Magle Chemoswed depends on current market conditions and Magle Chemoswed's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Magle Chemoswed is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Magle Chemoswed's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Magle Chemoswed Short Properties
Magle Chemoswed's future price predictability will typically decrease when Magle Chemoswed's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Magle Chemoswed Holding often depends not only on the future outlook of the potential Magle Chemoswed's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Magle Chemoswed's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.8 M | |
| Cash And Short Term Investments | 4 M |
Additional Tools for Magle Stock Analysis
When running Magle Chemoswed's price analysis, check to measure Magle Chemoswed'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 Magle Chemoswed is operating at the current time. Most of Magle Chemoswed's value examination focuses on studying past and present price action to predict the probability of Magle Chemoswed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magle Chemoswed's price. Additionally, you may evaluate how the addition of Magle Chemoswed to your portfolios can decrease your overall portfolio volatility.