Mid America Stock Forecast - Triple Exponential Smoothing

MAA Stock  USD 164.16  1.04  0.63%   
The Triple Exponential Smoothing forecasted value of Mid America Apartment Communities on the next trading day is expected to be 164.63 with a mean absolute deviation of 1.36 and the sum of the absolute errors of 80.35. Mid Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mid America stock prices and determine the direction of Mid America Apartment Communities's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mid America's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of December 1, 2024, Payables Turnover is expected to decline to 14.09. In addition to that, Fixed Asset Turnover is expected to decline to 0.18. The current year's Common Stock Shares Outstanding is expected to grow to about 122.5 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 765.3 M.
Triple exponential smoothing for Mid America - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Mid America prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Mid America price movement. However, neither of these exponential smoothing models address any seasonality of Mid America Apartment.

Mid America Triple Exponential Smoothing Price Forecast For the 2nd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Mid America Apartment Communities on the next trading day is expected to be 164.63 with a mean absolute deviation of 1.36, mean absolute percentage error of 2.92, and the sum of the absolute errors of 80.35.
Please note that although there have been many attempts to predict Mid 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 Mid America's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mid America Stock Forecast Pattern

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Mid America Forecasted Value

In the context of forecasting Mid America'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. Mid America's downside and upside margins for the forecasting period are 163.58 and 165.68, respectively. We have considered Mid America'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
164.16
163.58
Downside
164.63
Expected Value
165.68
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Mid America stock data series using in forecasting. Note that when a statistical model is used to represent Mid America 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0687
MADMean absolute deviation1.3619
MAPEMean absolute percentage error0.0087
SAESum of the absolute errors80.3493
As with simple exponential smoothing, in triple exponential smoothing models past Mid America observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Mid America Apartment Communities observations.

Predictive Modules for Mid America

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mid America Apartment. 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.
Hype
Prediction
LowEstimatedHigh
163.19164.24165.29
Details
Intrinsic
Valuation
LowRealHigh
158.71159.76180.58
Details
Bollinger
Band Projection (param)
LowMiddleHigh
155.82161.25166.68
Details
24 Analysts
Consensus
LowTargetHigh
144.53158.82176.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mid America. Your research has to be compared to or analyzed against Mid America's peers to derive any actionable benefits. When done correctly, Mid America's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mid America Apartment.

Other Forecasting Options for Mid America

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

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

Mid America Apartment 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 Mid America'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 Mid America's current price.

Mid America Market Strength Events

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

Mid America Risk Indicators

The analysis of Mid America'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 Mid America's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mid 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.
When determining whether Mid America Apartment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid America Apartment Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid America Apartment Communities Stock:
Check out Historical Fundamental Analysis of Mid America to cross-verify your projections.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mid America. If investors know Mid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mid America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.039
Dividend Share
5.81
Earnings Share
4.43
Revenue Per Share
18.705
Quarterly Revenue Growth
0.017
The market value of Mid America Apartment is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid America's value that differs from its market value or its book value, called intrinsic value, which is Mid America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mid America's market value can be influenced by many factors that don't directly affect Mid America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mid America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.