Morefield Group Stock Forward View - Simple Moving Average
| MORE Stock | 0.82 -0.01 -1.20% |
The Simple Moving Average forecast shown here for Morefield Group is reference data produced from its historical price series. The projected value and error measures below serve as reference information.
The Simple Moving Average forecasted value of Morefield Group NV on the next trading day is expected to be 0.82 with a mean absolute deviation of 0.0038 and the sum of the absolute errors of 0.23.The simple moving average model is conceptually a linear regression of the current value of Morefield Group NV price series against current and previous (unobserved) value of Morefield 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 reference page for Morefield Group presents model-generated projections from historical price data for informational purposes. Simple Moving Average Price Forecast For the 26th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Morefield Group NV on the next trading day is expected to be 0.82 with a mean absolute deviation of 0.0038 , mean absolute percentage error of 0.000072 , and the sum of the absolute errors of 0.23 .Please note that although there have been many attempts to predict Morefield Stock 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 Morefield Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Morefield Group | Morefield Group Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Morefield Group NV uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 Morefield Group stock data series using in forecasting. Note that when a statistical model is used to represent Morefield Group 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 | 106.7349 |
| Bias | Arithmetic mean of the errors | -0.0012 |
| MAD | Mean absolute deviation | 0.0038 |
| MAPE | Mean absolute percentage error | 0.0047 |
| SAE | Sum of the absolute errors | 0.225 |
Other Forecasting Options for Morefield Group
The distribution of Morefield Group's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in Morefield Group's chart that simple price charts miss.Morefield Group Related Equities
The stocks listed below are peers of Morefield Group within the Staffing & Employment Services space and offer context for ranking and strength. Growth rate gaps between Morefield Group and its peers often explain pricing differences in the market. When Morefield Group breaks from its peer group on a key metric, it often signals a firm-level change worth exploring.
| Risk & Return | Correlation |
Morefield Group Market Strength Events
Market strength indicators for Morefield Group give insight into the stock's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in Morefield Group NV.
| Accumulation Distribution | 24.63 | |||
| Daily Balance Of Power | -1.00 | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 0.82 | |||
| Day Typical Price | 0.82 | |||
| Period Momentum Indicator | -0.01 | |||
| Relative Strength Index | 61.31 |
Morefield Group Risk Indicators
A thorough review of Morefield Group's risk indicators is an important first step in forecasting its price. Quantifying the risk involved in Morefield Group's allows investors to make better decisions about entry, sizing, and hedging.
| Mean Deviation | 0.4812 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.22 |
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 Morefield Group
Story coverage around Morefield Group NV often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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.
Story Categories
Currently Trending Categories
Morefield Group Short Properties
A short-interest review of Morefield Group NV provides context for understanding whether skepticism in the market is becoming more influential. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 72.6 M | |
| Cash And Short Term Investments | 4.7 M |
Additional Tools for Morefield Stock Analysis
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |