MSP Recovery Stock Forecast - Naive Prediction

LIFWW Stock   0  0.0002  10.00%   
The Naive Prediction forecasted value of MSP Recovery on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01. MSP Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to 0.14 in 2024. Payables Turnover is likely to drop to 0.30 in 2024. Common Stock Shares Outstanding is likely to drop to about 338.8 K in 2024.
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the MSP Recovery's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
11.6 M
Current Value
7.9 M
Quarterly Volatility
3.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for MSP Recovery is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of MSP Recovery value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

MSP Recovery Naive Prediction Price Forecast For the 6th of December

Given 90 days horizon, the Naive Prediction forecasted value of MSP Recovery on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002, mean absolute percentage error of 0.0000001, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict MSP 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 MSP Recovery's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MSP Recovery Stock Forecast Pattern

Backtest MSP RecoveryMSP Recovery Price PredictionBuy or Sell Advice 

MSP Recovery Forecasted Value

In the context of forecasting MSP Recovery'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. MSP Recovery's downside and upside margins for the forecasting period are 0.000018 and 17.06, respectively. We have considered MSP Recovery'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.
Market Value
0
0.000018
Downside
0
Expected Value
17.06
Upside

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 MSP Recovery stock data series using in forecasting. Note that when a statistical model is used to represent MSP Recovery 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.
AICAkaike Information Criteria101.9812
BiasArithmetic mean of the errors None
MADMean absolute deviation2.0E-4
MAPEMean absolute percentage error0.1012
SAESum of the absolute errors0.0149
This model is not at all useful as a medium-long range forecasting tool of MSP Recovery. 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 MSP Recovery. 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.

Predictive Modules for MSP Recovery

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MSP Recovery. 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 MSP Recovery'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.
Hype
Prediction
LowEstimatedHigh
0.00017.19
Details
Intrinsic
Valuation
LowRealHigh
0.00017.19
Details

Other Forecasting Options for MSP Recovery

For every potential investor in MSP, whether a beginner or expert, MSP Recovery's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MSP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MSP. Basic forecasting techniques help filter out the noise by identifying MSP Recovery's price trends.

MSP Recovery 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 MSP Recovery stock to make a market-neutral strategy. Peer analysis of MSP Recovery could also be used in its relative valuation, which is a method of valuing MSP Recovery by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

MSP Recovery 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 MSP Recovery'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 MSP Recovery's current price.

MSP Recovery Market Strength Events

Market strength indicators help investors to evaluate how MSP Recovery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MSP Recovery shares will generate the highest return on investment. By undertsting and applying MSP Recovery stock market strength indicators, traders can identify MSP Recovery entry and exit signals to maximize returns.

MSP Recovery Risk Indicators

The analysis of MSP Recovery'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 MSP Recovery's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting msp 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.
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.

Additional Tools for MSP Stock Analysis

When running MSP Recovery's price analysis, check to measure MSP Recovery'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 MSP Recovery is operating at the current time. Most of MSP Recovery's value examination focuses on studying past and present price action to predict the probability of MSP Recovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MSP Recovery's price. Additionally, you may evaluate how the addition of MSP Recovery to your portfolios can decrease your overall portfolio volatility.