MarketAxess Holdings Stock Forecast - Simple Moving Average
| M1KT34 Stock | BRL 24.55 0.35 1.41% |
The Simple Moving Average forecasted value of MarketAxess Holdings on the next trading day is expected to be 24.55 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.49. MarketAxess Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MarketAxess Holdings stock prices and determine the direction of MarketAxess Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MarketAxess Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
MarketAxess |
MarketAxess Holdings Simple Moving Average Price Forecast For the 19th of May
Given 90 days horizon, the Simple Moving Average forecasted value of MarketAxess Holdings on the next trading day is expected to be 24.55 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.13, and the sum of the absolute errors of 5.49.Please note that although there have been many attempts to predict MarketAxess 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 MarketAxess Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MarketAxess Holdings Stock Forecast Pattern
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MarketAxess Holdings Forecasted Value
In the context of forecasting MarketAxess Holdings' 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. MarketAxess Holdings' downside and upside margins for the forecasting period are 23.13 and 25.97, respectively. We have considered MarketAxess Holdings' 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of MarketAxess Holdings stock data series using in forecasting. Note that when a statistical model is used to represent MarketAxess Holdings 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.| AIC | Akaike Information Criteria | 112.3964 |
| Bias | Arithmetic mean of the errors | -0.0666 |
| MAD | Mean absolute deviation | 0.0931 |
| MAPE | Mean absolute percentage error | 0.0038 |
| SAE | Sum of the absolute errors | 5.49 |
Predictive Modules for MarketAxess Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MarketAxess Holdings. 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.Other Forecasting Options for MarketAxess Holdings
For every potential investor in MarketAxess, whether a beginner or expert, MarketAxess Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MarketAxess Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MarketAxess. Basic forecasting techniques help filter out the noise by identifying MarketAxess Holdings' price trends.MarketAxess Holdings 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 MarketAxess Holdings stock to make a market-neutral strategy. Peer analysis of MarketAxess Holdings could also be used in its relative valuation, which is a method of valuing MarketAxess Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MarketAxess Holdings 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 MarketAxess Holdings' 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 MarketAxess Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MarketAxess Holdings Market Strength Events
Market strength indicators help investors to evaluate how MarketAxess Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MarketAxess Holdings shares will generate the highest return on investment. By undertsting and applying MarketAxess Holdings stock market strength indicators, traders can identify MarketAxess Holdings entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 24.55 | |||
| Day Typical Price | 24.55 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | (0.35) |
MarketAxess Holdings Risk Indicators
The analysis of MarketAxess Holdings' 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 MarketAxess Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting marketaxess 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.
| Mean Deviation | 0.4121 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.11 |
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 Information and Resources on Investing in MarketAxess Stock
When determining whether MarketAxess Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MarketAxess Holdings' 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 Marketaxess Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marketaxess Holdings Stock:Check out Historical Fundamental Analysis of MarketAxess Holdings to cross-verify your projections. For information on how to trade MarketAxess Stock refer to our How to Trade MarketAxess Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.