Manila Electric Stock Forward View - Simple Exponential Smoothing

MER Stock   610.00  15.00  2.40%   
Manila Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Manila Electric stock prices and determine the direction of Manila Electric Co's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Manila Electric's historical fundamentals, such as revenue growth or operating cash flow patterns.
The value of RSI of Manila Electric's stock price is about 63. This indicates that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Manila, making its price go up or down.

Momentum 63

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Manila Electric's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Manila Electric and does not consider all of the tangible or intangible factors available from Manila Electric's fundamental data. We analyze noise-free headlines and recent hype associated with Manila Electric Co, which may create opportunities for some arbitrage if properly timed.
Using Manila Electric hype-based prediction, you can estimate the value of Manila Electric Co from the perspective of Manila Electric response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Manila Electric Co on the next trading day is expected to be 611.51 with a mean absolute deviation of 5.69 and the sum of the absolute errors of 341.21.

Manila Electric after-hype prediction price

    
  PHP 610.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Manila Electric to cross-verify your projections.

Manila Electric Additional Predictive Modules

Most predictive techniques to examine Manila price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Manila using various technical indicators. When you analyze Manila charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Manila Electric 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 Manila Electric Co are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Manila Electric prices get older.

Manila Electric Simple Exponential Smoothing Price Forecast For the 5th of March

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Manila Electric Co on the next trading day is expected to be 611.51 with a mean absolute deviation of 5.69, mean absolute percentage error of 49.88, and the sum of the absolute errors of 341.21.
Please note that although there have been many attempts to predict Manila Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Manila Electric's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Manila Electric Stock Forecast Pattern

Backtest Manila Electric  Manila Electric Price Prediction  Research Analysis  

Manila Electric Forecasted Value

In the context of forecasting Manila Electric'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. Manila Electric's downside and upside margins for the forecasting period are 610.28 and 612.74, respectively. We have considered Manila Electric'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
610.00
610.28
Downside
611.51
Expected Value
612.74
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 Manila Electric stock data series using in forecasting. Note that when a statistical model is used to represent Manila Electric 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 Criteria120.1823
BiasArithmetic mean of the errors -0.4952
MADMean absolute deviation5.6869
MAPEMean absolute percentage error0.0095
SAESum of the absolute errors341.2131
This simple exponential smoothing model begins by setting Manila Electric Co forecast for the second period equal to the observation of the first period. In other words, recent Manila Electric observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Manila Electric

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Manila Electric. 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
608.77610.00611.23
Details
Intrinsic
Valuation
LowRealHigh
576.37577.60671.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
610.00610.00610.00
Details

Manila Electric After-Hype Price Density Analysis

As far as predicting the price of Manila Electric at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Manila Electric or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Manila Electric, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Manila Electric Estimiated After-Hype Price Volatility

In the context of predicting Manila Electric's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Manila Electric's historical news coverage. Manila Electric's after-hype downside and upside margins for the prediction period are 608.77 and 611.23, respectively. We have considered Manila Electric's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
610.00
608.77
Downside
610.00
After-hype Price
611.23
Upside
Manila Electric is very steady at this time. Analysis and calculation of next after-hype price of Manila Electric is based on 3 months time horizon.

Manila Electric Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Manila Electric is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Manila Electric backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Manila Electric, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
1.23
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
610.00
610.00
0.00 
0.00  
Notes

Manila Electric Hype Timeline

Manila Electric is now traded for 610.00on Philippine Stock Exchange of Philippines. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Manila is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.07%. %. The volatility of related hype on Manila Electric is about 0.0%, with the expected price after the next announcement by competition of 610.00. The company recorded earning per share (EPS) of 16.08. Manila Electric had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be uncertain.
Check out Historical Fundamental Analysis of Manila Electric to cross-verify your projections.

Manila Electric Related Hype Analysis

Having access to credible news sources related to Manila Electric's direct competition is more important than ever and may enhance your ability to predict Manila Electric's future price movements. Getting to know how Manila Electric's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Manila Electric may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Manila Electric

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

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

Manila Electric Market Strength Events

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

Manila Electric Risk Indicators

The analysis of Manila Electric'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 Manila Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting manila 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.

Story Coverage note for Manila Electric

The number of cover stories for Manila Electric depends on current market conditions and Manila Electric's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Manila Electric is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Manila Electric's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Manila Electric Short Properties

Manila Electric's future price predictability will typically decrease when Manila Electric's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Manila Electric Co often depends not only on the future outlook of the potential Manila Electric's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Manila Electric's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.1 B
Dividends Paid13.7 B
Cash And Short Term Investments72.8 B

Other Information on Investing in Manila Stock

Manila Electric financial ratios help investors to determine whether Manila Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Manila with respect to the benefits of owning Manila Electric security.