MAIA Biotechnology Stock Forecast - Simple Exponential Smoothing
| MAIA Stock | USD 2.00 0.01 0.50% |
The Simple Exponential Smoothing forecasted value of MAIA Biotechnology on the next trading day is expected to be 2.00 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.31. MAIA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MAIA Biotechnology stock prices and determine the direction of MAIA Biotechnology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MAIA Biotechnology's historical fundamentals, such as revenue growth or operating cash flow patterns.
MAIA |
MAIA Biotechnology Simple Exponential Smoothing Price Forecast For the 16th of December 2024
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of MAIA Biotechnology on the next trading day is expected to be 2.00 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.31.Please note that although there have been many attempts to predict MAIA 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 MAIA Biotechnology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MAIA Biotechnology Stock Forecast Pattern
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MAIA Biotechnology Forecasted Value
In the context of forecasting MAIA Biotechnology'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. MAIA Biotechnology's downside and upside margins for the forecasting period are 0.02 and 6.40, respectively. We have considered MAIA Biotechnology'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of MAIA Biotechnology stock data series using in forecasting. Note that when a statistical model is used to represent MAIA Biotechnology 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 | 112.0306 |
| Bias | Arithmetic mean of the errors | 0.0148 |
| MAD | Mean absolute deviation | 0.0885 |
| MAPE | Mean absolute percentage error | 0.0354 |
| SAE | Sum of the absolute errors | 5.31 |
Predictive Modules for MAIA Biotechnology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAIA Biotechnology. 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 MAIA Biotechnology
For every potential investor in MAIA, whether a beginner or expert, MAIA Biotechnology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MAIA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MAIA. Basic forecasting techniques help filter out the noise by identifying MAIA Biotechnology's price trends.MAIA Biotechnology 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 MAIA Biotechnology stock to make a market-neutral strategy. Peer analysis of MAIA Biotechnology could also be used in its relative valuation, which is a method of valuing MAIA Biotechnology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MAIA Biotechnology 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 MAIA Biotechnology'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 MAIA Biotechnology's current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
MAIA Biotechnology Market Strength Events
Market strength indicators help investors to evaluate how MAIA Biotechnology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAIA Biotechnology shares will generate the highest return on investment. By undertsting and applying MAIA Biotechnology stock market strength indicators, traders can identify MAIA Biotechnology entry and exit signals to maximize returns.
MAIA Biotechnology Risk Indicators
The analysis of MAIA Biotechnology'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 MAIA Biotechnology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting maia 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 | 3.39 | |||
| Standard Deviation | 4.42 | |||
| Variance | 19.57 |
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 MAIA Biotechnology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MAIA Biotechnology'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 Maia Biotechnology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Maia Biotechnology Stock:Check out Historical Fundamental Analysis of MAIA Biotechnology to cross-verify your projections. For information on how to trade MAIA Stock refer to our How to Trade MAIA Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Biotechnology 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 MAIA Biotechnology. If investors know MAIA 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 MAIA Biotechnology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.34) | Return On Assets (1.07) | Return On Equity (5.60) |
The market value of MAIA Biotechnology is measured differently than its book value, which is the value of MAIA that is recorded on the company's balance sheet. Investors also form their own opinion of MAIA Biotechnology's value that differs from its market value or its book value, called intrinsic value, which is MAIA Biotechnology'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 MAIA Biotechnology's market value can be influenced by many factors that don't directly affect MAIA Biotechnology'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 MAIA Biotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAIA Biotechnology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAIA Biotechnology'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.