Great Ajax Stock Forecast - Simple Moving Average
| AJXDelisted Stock | USD 0.01 0 10.00% |
The Simple Moving Average forecasted value of Great Ajax Corp on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.07. Great Stock Forecast is based on your current time horizon.
Great |
Great Ajax Simple Moving Average Price Forecast For the 5th of December
Given 90 days horizon, the Simple Moving Average forecasted value of Great Ajax Corp on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.20, and the sum of the absolute errors of 7.07.Please note that although there have been many attempts to predict Great 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 Great Ajax's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Great Ajax Stock Forecast Pattern
| Backtest Great Ajax | Great Ajax Price Prediction | Buy or Sell Advice |
Great Ajax Forecasted Value
In the context of forecasting Great Ajax'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. Great Ajax's downside and upside margins for the forecasting period are 0.0001 and 12.84, respectively. We have considered Great Ajax'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 Great Ajax stock data series using in forecasting. Note that when a statistical model is used to represent Great Ajax 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 | 112.8003 |
| Bias | Arithmetic mean of the errors | 0.0862 |
| MAD | Mean absolute deviation | 0.1198 |
| MAPE | Mean absolute percentage error | 7.4267 |
| SAE | Sum of the absolute errors | 7.0705 |
Predictive Modules for Great Ajax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great Ajax Corp. 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.Other Forecasting Options for Great Ajax
For every potential investor in Great, whether a beginner or expert, Great Ajax's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Great Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Great. Basic forecasting techniques help filter out the noise by identifying Great Ajax's price trends.View Great Ajax Related Equities
| Risk & Return | Correlation |
Great Ajax Corp 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 Great Ajax'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 Great Ajax's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Great Ajax Market Strength Events
Market strength indicators help investors to evaluate how Great Ajax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Great Ajax shares will generate the highest return on investment. By undertsting and applying Great Ajax stock market strength indicators, traders can identify Great Ajax Corp entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.1 | |||
| Day Median Price | 0.011 | |||
| Day Typical Price | 0.011 | |||
| Price Action Indicator | 5.0E-4 | |||
| Period Momentum Indicator | 0.001 | |||
| Relative Strength Index | 44.18 |
Great Ajax Risk Indicators
The analysis of Great Ajax'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 Great Ajax's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting great 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 | 3.65 | |||
| Standard Deviation | 12.63 | |||
| Variance | 159.46 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of Great Ajax to cross-verify your projections. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Great Stock
If you are still planning to invest in Great Ajax Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Great Ajax's history and understand the potential risks before investing.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |