Mercedes-Benz Group Pink Sheet Forward View - Simple Moving Average
| MBGYY Stock | USD 14.87 -0.22 -1.46% |
This reference page presents Simple Moving Average forecast data for Mercedes Benz Group AG. The projected values and error metrics are presented below as reference information.
The Simple Moving Average forecasted value of Mercedes Benz Group AG on the next trading day is expected to be 14.87 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 12.96.The simple moving average model is conceptually a linear regression of the current value of Mercedes Benz Group AG price series against current and previous (unobserved) value of Mercedes-Benz Group. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future This Simple Moving Average forecast data for Mercedes Benz Group AG is sourced from the most recent available trading data and is intended solely as reference information. Simple Moving Average Price Forecast For the 26th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Mercedes Benz Group AG on the next trading day is expected to be 14.87 with a mean absolute deviation of 0.22 , mean absolute percentage error of 0.08 , and the sum of the absolute errors of 12.96 .Please note that although there have been many attempts to predict Mercedes-Benz Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Mercedes-Benz Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
| Backtest Mercedes-Benz Group | Mercedes-Benz Group Price Prediction | Research Analysis |
Forecasted Value
Forecasting Mercedes Benz Group AG for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The projected forecast band currently runs from roughly 13.18 on the downside to about 16.56 on the upside.
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 Mercedes-Benz Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent Mercedes-Benz Group pink sheet, 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 | 113.7523 |
| Bias | Arithmetic mean of the errors | 0.0637 |
| MAD | Mean absolute deviation | 0.2159 |
| MAPE | Mean absolute percentage error | 0.013 |
| SAE | Sum of the absolute errors | 12.955 |
Other Forecasting Options for Mercedes-Benz Group
Mercedes-Benz Group's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Mercedes-Benz often signals an upcoming reversal or acceleration.Mercedes-Benz Group Related Equities
The peer firms below within the Auto Manufacturers space can help frame Mercedes-Benz Group's pricing and running costs in context. Checking Mercedes-Benz Group against peers on P/E, margins, and return on equity helps put its position in context. Persistent outperformance or underperformance by specific peers relative to Mercedes-Benz Group often signals structural advantages or weaknesses. This peer set gives the context needed for a well-rounded view of Mercedes-Benz Group.
| Risk & Return | Correlation |
Mercedes-Benz Group Market Strength Events
Market strength indicators help investors evaluate how Mercedes-Benz Group pink sheet reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Mercedes Benz Group AG.
| Accumulation Distribution | 195.39 | |||
| Daily Balance Of Power | -1.10 | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 14.88 | |||
| Day Typical Price | 14.88 | |||
| Price Action Indicator | -0.12 | |||
| Period Momentum Indicator | -0.22 |
Mercedes-Benz Group Risk Indicators
The analysis of Mercedes-Benz Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding Mercedes-Benz Group's allows investors to make informed decisions about their exposure.
| Mean Deviation | 1.16 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.59 |
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 Mercedes-Benz Group
The amount of media and story coverage tied to Mercedes Benz Group AG can signal where market attention is concentrating at the moment. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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Mercedes-Benz Group Short Properties
Short-interest signals around Mercedes Benz Group AG can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 4.3 B | |
| Cash And Short Term Investments | 29.9 B |
More Resources for Mercedes-Benz Pink Sheet Analysis
Other Information on Investing in Mercedes-Benz Pink Sheet
Financial ratios for Mercedes-Benz Group show relationships between important financial metrics. They frame financial performance across earnings, cash flow, and valuation.