Mint Incorporation Stock Forecast - Polynomial Regression
| MIMI Stock | 6.73 0.08 1.17% |
The Polynomial Regression forecasted value of Mint Incorporation Limited on the next trading day is expected to be 6.64 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.23. Mint Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Mint Incorporation's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of now, Mint Incorporation's Receivables Turnover is increasing as compared to previous years. The Mint Incorporation's current Asset Turnover is estimated to increase to 15.35, while Payables Turnover is projected to decrease to 35.30. . The current Common Stock Shares Outstanding is estimated to decrease to about 18.2 M. Mint Incorporation Polynomial Regression Price Forecast For the 21st of July
Given 90 days horizon, the Polynomial Regression forecasted value of Mint Incorporation Limited on the next trading day is expected to be 6.64 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.23.Please note that although there have been many attempts to predict Mint 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 Mint Incorporation's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mint Incorporation Stock Forecast Pattern
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Mint Incorporation Forecasted Value
In the context of forecasting Mint Incorporation'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. Mint Incorporation's downside and upside margins for the forecasting period are 2.97 and 10.30, respectively. We have considered Mint Incorporation'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Mint Incorporation stock data series using in forecasting. Note that when a statistical model is used to represent Mint Incorporation 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 | 114.8265 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1513 |
| MAPE | Mean absolute percentage error | 0.028 |
| SAE | Sum of the absolute errors | 9.2323 |
Predictive Modules for Mint Incorporation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mint Incorporation. 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 Mint Incorporation
For every potential investor in Mint, whether a beginner or expert, Mint Incorporation's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mint Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mint. Basic forecasting techniques help filter out the noise by identifying Mint Incorporation's price trends.Mint Incorporation 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 Mint Incorporation stock to make a market-neutral strategy. Peer analysis of Mint Incorporation could also be used in its relative valuation, which is a method of valuing Mint Incorporation by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mint Incorporation 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 Mint Incorporation'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 Mint Incorporation's current price.| Cycle Indicators | ||
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Mint Incorporation Market Strength Events
Market strength indicators help investors to evaluate how Mint Incorporation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mint Incorporation shares will generate the highest return on investment. By undertsting and applying Mint Incorporation stock market strength indicators, traders can identify Mint Incorporation Limited entry and exit signals to maximize returns.
Mint Incorporation Risk Indicators
The analysis of Mint Incorporation'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 Mint Incorporation's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mint 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 | 2.64 | |||
| Semi Deviation | 2.32 | |||
| Standard Deviation | 3.6 | |||
| Variance | 12.98 | |||
| Downside Variance | 8.45 | |||
| Semi Variance | 5.39 | |||
| Expected Short fall | (3.20) |
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.
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When determining whether Mint Incorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mint Incorporation'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 Mint Incorporation Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mint Incorporation Limited Stock:Check out Historical Fundamental Analysis of Mint Incorporation 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 Commercial Services & Supplies 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 Mint Incorporation. If investors know Mint 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 Mint Incorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mint Incorporation is measured differently than its book value, which is the value of Mint that is recorded on the company's balance sheet. Investors also form their own opinion of Mint Incorporation's value that differs from its market value or its book value, called intrinsic value, which is Mint Incorporation'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 Mint Incorporation's market value can be influenced by many factors that don't directly affect Mint Incorporation'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 Mint Incorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mint Incorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mint Incorporation'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.