Ault Disruptive Stock Forecast - Naive Prediction

ADRTDelisted Stock  USD 11.40  0.10  0.88%   
The Naive Prediction forecasted value of Ault Disruptive Technologies on the next trading day is expected to be 10.97 with a mean absolute deviation of 0.44 and the sum of the absolute errors of 27.00. Ault Stock Forecast is based on your current time horizon.
  
A naive forecasting model for Ault Disruptive is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Ault Disruptive Technologies 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.

Ault Disruptive Naive Prediction Price Forecast For the 20th of December

Given 90 days horizon, the Naive Prediction forecasted value of Ault Disruptive Technologies on the next trading day is expected to be 10.97 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.38, and the sum of the absolute errors of 27.00.
Please note that although there have been many attempts to predict Ault 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 Ault Disruptive's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ault Disruptive Stock Forecast Pattern

Backtest Ault DisruptiveAult Disruptive Price PredictionBuy or Sell Advice 

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 Ault Disruptive stock data series using in forecasting. Note that when a statistical model is used to represent Ault Disruptive 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 Criteria117.1355
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4427
MAPEMean absolute percentage error0.0326
SAESum of the absolute errors27.0045
This model is not at all useful as a medium-long range forecasting tool of Ault Disruptive Technologies. 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 Ault Disruptive. 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 Ault Disruptive

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ault Disruptive Tech. 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
9.6011.4113.22
Details
Intrinsic
Valuation
LowRealHigh
9.0210.8312.64
Details

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

Ault Disruptive Market Strength Events

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

Ault Disruptive Risk Indicators

The analysis of Ault Disruptive'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 Ault Disruptive's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ault 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Ault Stock

If you are still planning to invest in Ault Disruptive Tech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ault Disruptive's history and understand the potential risks before investing.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Fundamental Analysis
View fundamental data based on most recent published financial statements
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device