Metalla Royalty Stock Forecast - 4 Period Moving Average

X9C Stock  EUR 2.50  0.16  6.02%   
The 4 Period Moving Average forecasted value of Metalla Royalty Streaming on the next trading day is expected to be 2.54 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.07. Metalla Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Metalla Royalty's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Metalla Royalty Streaming is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Metalla Royalty 4 Period Moving Average Price Forecast For the 24th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Metalla Royalty Streaming on the next trading day is expected to be 2.54 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.07.
Please note that although there have been many attempts to predict Metalla 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 Metalla Royalty's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Metalla Royalty Stock Forecast Pattern

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Metalla Royalty Forecasted Value

In the context of forecasting Metalla Royalty'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. Metalla Royalty's downside and upside margins for the forecasting period are 0.03 and 6.20, respectively. We have considered Metalla Royalty'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
2.50
2.54
Expected Value
6.20
Upside

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 Metalla Royalty stock data series using in forecasting. Note that when a statistical model is used to represent Metalla Royalty 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 Criteria106.86
BiasArithmetic mean of the errors 0.0149
MADMean absolute deviation0.1066
MAPEMean absolute percentage error0.0347
SAESum of the absolute errors6.075
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Metalla Royalty. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Metalla Royalty Streaming and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Metalla Royalty

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Metalla Royalty Streaming. 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
0.132.506.15
Details
Intrinsic
Valuation
LowRealHigh
0.122.376.02
Details

Other Forecasting Options for Metalla Royalty

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

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

Metalla Royalty Streaming 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 Metalla Royalty'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 Metalla Royalty's current price.

Metalla Royalty Market Strength Events

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

Metalla Royalty Risk Indicators

The analysis of Metalla Royalty'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 Metalla Royalty's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting metalla 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.

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Additional Information and Resources on Investing in Metalla Stock

When determining whether Metalla Royalty Streaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metalla Royalty'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 Metalla Royalty Streaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metalla Royalty Streaming Stock:
Check out Historical Fundamental Analysis of Metalla Royalty 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.
Please note, there is a significant difference between Metalla Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metalla Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metalla Royalty'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.