Mars Acquisition Stock Forecast - Simple Exponential Smoothing

MARX Stock   6.83  0.23  3.48%   
The Simple Exponential Smoothing forecasted value of Mars Acquisition Corp on the next trading day is expected to be 6.83 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.27. Mars Stock Forecast is based on your current time horizon.
  
At this time, Mars Acquisition's Total Assets are fairly stable compared to the past year. Total Stockholder Equity is likely to rise to about 88 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 10.4 K in 2024.
Mars Acquisition simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Mars Acquisition Corp are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Mars Acquisition Corp prices get older.

Mars Acquisition Simple Exponential Smoothing Price Forecast For the 16th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Mars Acquisition Corp on the next trading day is expected to be 6.83 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.23, and the sum of the absolute errors of 6.27.
Please note that although there have been many attempts to predict Mars 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 Mars Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mars Acquisition Stock Forecast Pattern

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Mars Acquisition Forecasted Value

In the context of forecasting Mars 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. Mars Acquisition's downside and upside margins for the forecasting period are 2.48 and 11.18, respectively. We have considered Mars 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
6.83
6.83
Expected Value
11.18
Upside

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 Mars Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent Mars 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 Criteria114.8174
BiasArithmetic mean of the errors 0.0695
MADMean absolute deviation0.1045
MAPEMean absolute percentage error0.0132
SAESum of the absolute errors6.27
This simple exponential smoothing model begins by setting Mars Acquisition Corp forecast for the second period equal to the observation of the first period. In other words, recent Mars Acquisition observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Mars 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 Mars 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.
Hype
Prediction
LowEstimatedHigh
2.506.8511.20
Details
Intrinsic
Valuation
LowRealHigh
3.577.9212.27
Details

Other Forecasting Options for Mars Acquisition

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

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

Mars 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 Mars 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 Mars Acquisition's current price.

Mars Acquisition Market Strength Events

Market strength indicators help investors to evaluate how Mars 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 Mars Acquisition shares will generate the highest return on investment. By undertsting and applying Mars Acquisition stock market strength indicators, traders can identify Mars Acquisition Corp entry and exit signals to maximize returns.

Mars Acquisition Risk Indicators

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

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.

Additional Tools for Mars Stock Analysis

When running Mars Acquisition's price analysis, check to measure Mars Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mars Acquisition is operating at the current time. Most of Mars Acquisition's value examination focuses on studying past and present price action to predict the probability of Mars Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mars Acquisition's price. Additionally, you may evaluate how the addition of Mars Acquisition to your portfolios can decrease your overall portfolio volatility.