Melar Acquisition Stock Forecast - Double Exponential Smoothing

MACI Stock   10.06  0.01  0.1%   
The Double Exponential Smoothing forecasted value of Melar Acquisition Corp on the next trading day is expected to be 10.06 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.84. Melar Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Melar Acquisition's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Melar Acquisition works best with periods where there are trends or seasonality.

Melar Acquisition Double Exponential Smoothing Price Forecast For the 21st of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Melar Acquisition Corp on the next trading day is expected to be 10.06 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0006, and the sum of the absolute errors of 0.84.
Please note that although there have been many attempts to predict Melar 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 Melar Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Melar Acquisition Stock Forecast Pattern

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Melar Acquisition Forecasted Value

In the context of forecasting Melar Acquisition'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. Melar Acquisition's downside and upside margins for the forecasting period are 9.79 and 10.33, respectively. We have considered Melar Acquisition'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
10.06
10.06
Expected Value
10.33
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Melar Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent Melar Acquisition 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 -0.003
MADMean absolute deviation0.0143
MAPEMean absolute percentage error0.0014
SAESum of the absolute errors0.8448
When Melar Acquisition Corp 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 Melar Acquisition Corp trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Melar Acquisition observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Melar Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Melar Acquisition Corp. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Melar Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.7910.0610.33
Details
Intrinsic
Valuation
LowRealHigh
9.399.6611.07
Details

Other Forecasting Options for Melar Acquisition

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

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

Melar Acquisition Corp 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 Melar Acquisition'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 Melar Acquisition's current price.

Melar Acquisition Market Strength Events

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

Melar Acquisition Risk Indicators

The analysis of Melar Acquisition'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 Melar Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting melar 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.

Currently Active Assets on Macroaxis

When determining whether Melar Acquisition Corp is a strong investment it is important to analyze Melar Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Melar Acquisition's future performance. For an informed investment choice regarding Melar Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Melar Acquisition to cross-verify your projections.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Financial Services 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 Melar Acquisition. If investors know Melar 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 Melar Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Melar Acquisition Corp is measured differently than its book value, which is the value of Melar that is recorded on the company's balance sheet. Investors also form their own opinion of Melar Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Melar Acquisition'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 Melar Acquisition's market value can be influenced by many factors that don't directly affect Melar Acquisition'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 Melar Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Melar Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melar Acquisition'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.