Maravai Lifesciences Stock Forecast - Naive Prediction

MRVI Stock  USD 5.66  0.11  1.91%   
The Naive Prediction forecasted value of Maravai Lifesciences Holdings on the next trading day is expected to be 6.00 with a mean absolute deviation of 0.39 and the sum of the absolute errors of 23.98. Maravai Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Maravai Lifesciences' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Maravai Lifesciences' Asset Turnover is increasing as compared to previous years. . The Maravai Lifesciences' current Common Stock Shares Outstanding is estimated to increase to about 170 M. The Maravai Lifesciences' current Net Income Applicable To Common Shares is estimated to increase to about 265.9 M.

Maravai Lifesciences Cash Forecast

Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Maravai Lifesciences' financial statements, enabling forecasts of their impact on future stock prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
575 M
Current Value
374.2 M
Quarterly Volatility
237.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Maravai Lifesciences is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Maravai Lifesciences Holdings 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.

Maravai Lifesciences Naive Prediction Price Forecast For the 13th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Maravai Lifesciences Holdings on the next trading day is expected to be 6.00 with a mean absolute deviation of 0.39, mean absolute percentage error of 0.27, and the sum of the absolute errors of 23.98.
Please note that although there have been many attempts to predict Maravai 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 Maravai Lifesciences' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Maravai Lifesciences Stock Forecast Pattern

Backtest Maravai LifesciencesMaravai Lifesciences Price PredictionBuy or Sell Advice 

Maravai Lifesciences Forecasted Value

In the context of forecasting Maravai Lifesciences' 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. Maravai Lifesciences' downside and upside margins for the forecasting period are 0.06 and 12.34, respectively. We have considered Maravai Lifesciences' 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
5.66
6.00
Expected Value
12.34
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 Maravai Lifesciences stock data series using in forecasting. Note that when a statistical model is used to represent Maravai Lifesciences 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 Criteria116.802
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3931
MAPEMean absolute percentage error0.0615
SAESum of the absolute errors23.9768
This model is not at all useful as a medium-long range forecasting tool of Maravai Lifesciences Holdings. 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 Maravai Lifesciences. 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 Maravai Lifesciences

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Maravai Lifesciences. 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 Maravai Lifesciences' 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
0.285.5711.96
Details
Intrinsic
Valuation
LowRealHigh
0.967.3513.74
Details
15 Analysts
Consensus
LowTargetHigh
11.8313.0014.43
Details

Other Forecasting Options for Maravai Lifesciences

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

View Maravai Lifesciences Related Equities

 Risk & Return  Correlation

Maravai Lifesciences 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 Maravai Lifesciences' 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 Maravai Lifesciences' current price.

Maravai Lifesciences Market Strength Events

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

Maravai Lifesciences Risk Indicators

The analysis of Maravai Lifesciences' 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 Maravai Lifesciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting maravai 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 Maravai Lifesciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Maravai Lifesciences' 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 Maravai Lifesciences Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Maravai Lifesciences Holdings Stock:
Check out Historical Fundamental Analysis of Maravai Lifesciences to cross-verify your projections.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Life Sciences Tools & 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 Maravai Lifesciences. If investors know Maravai 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 Maravai Lifesciences 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
(0.33)
Earnings Share
(1.67)
Revenue Per Share
2.044
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.02)
The market value of Maravai Lifesciences is measured differently than its book value, which is the value of Maravai that is recorded on the company's balance sheet. Investors also form their own opinion of Maravai Lifesciences' value that differs from its market value or its book value, called intrinsic value, which is Maravai Lifesciences' 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 Maravai Lifesciences' market value can be influenced by many factors that don't directly affect Maravai Lifesciences' 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 Maravai Lifesciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Maravai Lifesciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maravai Lifesciences' 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.