Coliseum Acquisition Stock Forecast - Naive Prediction

MITADelisted Stock  USD 11.51  0.00  0.00%   
The Naive Prediction forecasted value of Coliseum Acquisition Corp on the next trading day is expected to be 11.42 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.34. Coliseum Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Coliseum Acquisition stock prices and determine the direction of Coliseum Acquisition Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Coliseum Acquisition's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Coliseum Acquisition is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Coliseum Acquisition Corp 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.

Coliseum Acquisition Naive Prediction Price Forecast For the 9th of January

Given 90 days horizon, the Naive Prediction forecasted value of Coliseum Acquisition Corp on the next trading day is expected to be 11.42 with a mean absolute deviation of 0.04, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.34.
Please note that although there have been many attempts to predict Coliseum 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 Coliseum Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Coliseum Acquisition Stock Forecast Pattern

Backtest Coliseum AcquisitionColiseum Acquisition Price PredictionBuy or Sell Advice 

Coliseum Acquisition Forecasted Value

In the context of forecasting Coliseum 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. Coliseum Acquisition's downside and upside margins for the forecasting period are 10.35 and 12.50, respectively. We have considered Coliseum 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
11.51
11.42
Expected Value
12.50
Upside

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 Coliseum Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent Coliseum 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 Criteria112.9392
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0384
MAPEMean absolute percentage error0.0034
SAESum of the absolute errors2.3406
This model is not at all useful as a medium-long range forecasting tool of Coliseum Acquisition Corp. 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 Coliseum Acquisition. 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 Coliseum 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 Coliseum 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 Coliseum 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
10.4111.4812.55
Details
Intrinsic
Valuation
LowRealHigh
8.699.7612.66
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.4011.5411.68
Details

Other Forecasting Options for Coliseum Acquisition

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

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

Coliseum 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 Coliseum 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 Coliseum Acquisition's current price.

Coliseum Acquisition Market Strength Events

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

Coliseum Acquisition Risk Indicators

The analysis of Coliseum 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 Coliseum Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting coliseum 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.
Check out Historical Fundamental Analysis of Coliseum Acquisition to cross-verify your projections.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Consideration for investing in Coliseum Stock

If you are still planning to invest in Coliseum Acquisition Corp 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 Coliseum Acquisition's history and understand the potential risks before investing.
Stocks Directory
Find actively traded stocks across global markets
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing