Mynaric AG Stock Forecast - 4 Period Moving Average
| MYNA Stock | USD 0.46 0.01 2.22% |
The 4 Period Moving Average forecasted value of Mynaric AG ADR on the next trading day is expected to be 0.47 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.39. Mynaric Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mynaric AG stock prices and determine the direction of Mynaric AG ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mynaric AG's historical fundamentals, such as revenue growth or operating cash flow patterns.
Mynaric |
Mynaric AG 4 Period Moving Average Price Forecast For the 12th of December 2024
Given 90 days horizon, the 4 Period Moving Average forecasted value of Mynaric AG ADR on the next trading day is expected to be 0.47 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.04, and the sum of the absolute errors of 6.39.Please note that although there have been many attempts to predict Mynaric 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 Mynaric AG's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mynaric AG Stock Forecast Pattern
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Mynaric AG Forecasted Value
In the context of forecasting Mynaric AG'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. Mynaric AG's downside and upside margins for the forecasting period are 0 and 10.70, respectively. We have considered Mynaric AG'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Mynaric AG stock data series using in forecasting. Note that when a statistical model is used to represent Mynaric AG 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 | 109.3601 |
| Bias | Arithmetic mean of the errors | 0.0276 |
| MAD | Mean absolute deviation | 0.1102 |
| MAPE | Mean absolute percentage error | 0.1382 |
| SAE | Sum of the absolute errors | 6.39 |
Predictive Modules for Mynaric AG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mynaric AG ADR. 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 Mynaric AG
For every potential investor in Mynaric, whether a beginner or expert, Mynaric AG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mynaric Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mynaric. Basic forecasting techniques help filter out the noise by identifying Mynaric AG's price trends.Mynaric AG 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 Mynaric AG stock to make a market-neutral strategy. Peer analysis of Mynaric AG could also be used in its relative valuation, which is a method of valuing Mynaric AG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mynaric AG ADR 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 Mynaric AG'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 Mynaric AG's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Mynaric AG Market Strength Events
Market strength indicators help investors to evaluate how Mynaric AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mynaric AG shares will generate the highest return on investment. By undertsting and applying Mynaric AG stock market strength indicators, traders can identify Mynaric AG ADR entry and exit signals to maximize returns.
| Accumulation Distribution | 124618.0 | |||
| Daily Balance Of Power | 0.1111 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 0.47 | |||
| Day Typical Price | 0.46 | |||
| Period Momentum Indicator | 0.01 |
Mynaric AG Risk Indicators
The analysis of Mynaric AG'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 Mynaric AG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mynaric 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 | 5.25 | |||
| Semi Deviation | 11.71 | |||
| Standard Deviation | 10.11 | |||
| Variance | 102.19 | |||
| Downside Variance | 191.89 | |||
| Semi Variance | 137.01 | |||
| Expected Short fall | (5.83) |
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 Mynaric AG ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mynaric AG'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 Mynaric Ag Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mynaric Ag Adr Stock:Check out Historical Fundamental Analysis of Mynaric AG to cross-verify your projections. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Electronic Equipment, Instruments & Components 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 Mynaric AG. If investors know Mynaric 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 Mynaric AG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.08) | Revenue Per Share 0.223 | Quarterly Revenue Growth (0.69) | Return On Assets (0.46) | Return On Equity (2.34) |
The market value of Mynaric AG ADR is measured differently than its book value, which is the value of Mynaric that is recorded on the company's balance sheet. Investors also form their own opinion of Mynaric AG's value that differs from its market value or its book value, called intrinsic value, which is Mynaric AG'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 Mynaric AG's market value can be influenced by many factors that don't directly affect Mynaric AG'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 Mynaric AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mynaric AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mynaric AG'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.