Marcus Millichap Stock Forecast - Double Exponential Smoothing

MMI Stock  USD 41.47  0.53  1.29%   
The Double Exponential Smoothing forecasted value of Marcus Millichap on the next trading day is expected to be 41.51 with a mean absolute deviation of 0.56 and the sum of the absolute errors of 32.78. Marcus Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Marcus Millichap's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Marcus Millichap's current Inventory Turnover is estimated to increase to 93.66, while Payables Turnover is projected to decrease to 34.87. . The Marcus Millichap's current Common Stock Shares Outstanding is estimated to increase to about 42.9 M, while Net Income Applicable To Common Shares is projected to decrease to under 67.4 M.
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 Marcus Millichap works best with periods where there are trends or seasonality.

Marcus Millichap Double Exponential Smoothing Price Forecast For the 13th of December 2024

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Marcus Millichap on the next trading day is expected to be 41.51 with a mean absolute deviation of 0.56, mean absolute percentage error of 0.52, and the sum of the absolute errors of 32.78.
Please note that although there have been many attempts to predict Marcus 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 Marcus Millichap's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Marcus Millichap Stock Forecast Pattern

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Marcus Millichap Forecasted Value

In the context of forecasting Marcus Millichap'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. Marcus Millichap's downside and upside margins for the forecasting period are 39.86 and 43.16, respectively. We have considered Marcus Millichap'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
41.47
41.51
Expected Value
43.16
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 Marcus Millichap stock data series using in forecasting. Note that when a statistical model is used to represent Marcus Millichap 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 0.0708
MADMean absolute deviation0.5555
MAPEMean absolute percentage error0.0141
SAESum of the absolute errors32.7754
When Marcus Millichap 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 Marcus Millichap 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 Marcus Millichap observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Marcus Millichap

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Marcus Millichap. 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
39.8541.5043.15
Details
Intrinsic
Valuation
LowRealHigh
28.4430.0945.62
Details
Bollinger
Band Projection (param)
LowMiddleHigh
40.5641.4342.29
Details
1 Analysts
Consensus
LowTargetHigh
18.2020.0022.20
Details

Other Forecasting Options for Marcus Millichap

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

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

Marcus Millichap 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 Marcus Millichap'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 Marcus Millichap's current price.

Marcus Millichap Market Strength Events

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

Marcus Millichap Risk Indicators

The analysis of Marcus Millichap'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 Marcus Millichap's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting marcus 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 Marcus Millichap offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marcus Millichap'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 Marcus Millichap Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marcus Millichap Stock:
Check out Historical Fundamental Analysis of Marcus Millichap to cross-verify your projections.
For more detail on how to invest in Marcus Stock please use our How to Invest in Marcus Millichap guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Real Estate Management & Development 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 Marcus Millichap. If investors know Marcus 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 Marcus Millichap listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.88)
Dividend Share
0.5
Earnings Share
(0.81)
Revenue Per Share
16.13
Quarterly Revenue Growth
0.04
The market value of Marcus Millichap is measured differently than its book value, which is the value of Marcus that is recorded on the company's balance sheet. Investors also form their own opinion of Marcus Millichap's value that differs from its market value or its book value, called intrinsic value, which is Marcus Millichap'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 Marcus Millichap's market value can be influenced by many factors that don't directly affect Marcus Millichap'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 Marcus Millichap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marcus Millichap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marcus Millichap'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.