Metcash Pink Sheet Forward View
| MCSHFDelisted Stock | USD 2.85 0.00 0.00% |
Metcash Limited's Naive Prediction reference page covers the model's projected value and error measures derived from recent price data. This information is intended as reference material for analytical purposes.
The Naive Prediction forecasted value of Metcash Limited on the next trading day is expected to be 2.92 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 3.42.This model is not at all useful as a medium-long range forecasting tool of Metcash Limited. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Metcash. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights. The forecast reference data presented here for Metcash Limited reflects Naive Prediction model output and is intended as reference material for analytical use. Naive Prediction Price Forecast For the 19th of March
Given 90 days horizon, the Naive Prediction forecasted value of Metcash Limited on the next trading day is expected to be 2.92 with a mean absolute deviation of 0.08 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 3.42 .Please note that although there have been many attempts to predict Metcash 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 Metcash's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
| Backtest Metcash | Metcash Price Prediction | Research Analysis |
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 Metcash pink sheet data series using in forecasting. Note that when a statistical model is used to represent Metcash 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 | 78.9424 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0815 |
| MAPE | Mean absolute percentage error | 0.0385 |
| SAE | Sum of the absolute errors | 3.4238 |
Metcash Related Equities
The following equities are related to Metcash within the Food Distribution space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Metcash against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Metcash Market Strength Events
For investors tracking Metcash Limited, market strength indicators offer a quantitative way to evaluate how the pink sheet behaves under varying market conditions. These metrics are widely used to refine market timing and identify the most favorable moments to trade Metcash.
Metcash Risk Indicators
Analyzing Metcash's basic risk indicators provides investors with a structured view of the risk-return trade-off associated with metcash pink sheet. Forecasting Metcash's future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 2.85 | |||
| Standard Deviation | 6.95 | |||
| Variance | 48.29 |
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 Metcash
A coverage review of Metcash Limited helps investors see when the security is attracting above-average attention from contributors and market observers. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.
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Metcash has a market cap of 2.7 B, operating margin of 2.86%, ROE of 22.09%. Review Correlation Analysis for broader portfolio context. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.Metcash at P/E 15.07 and ROE 22.09% (2.7 Billion market cap) - this analysis works best as a complementary layer when evaluating how the position fits in a broader portfolio. Those return and profitability levels shape the investment picture - the supplemental tools help investors decide if they are sustainable. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Metcash Pink Sheet
Metcash Limited may still trade outside primary exchanges, but liquidity risk can be materially higher.
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