Mynaric AG Stock Forecast - Polynomial Regression

MYNADelisted Stock  USD 0.14  0.01  7.69%   
The Polynomial Regression forecasted value of Mynaric AG ADR on the next trading day is expected to be -0.04 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.84. Mynaric Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mynaric AG stock prices and determine the direction of Mynaric AG ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mynaric AG's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Mynaric AG polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Mynaric AG ADR as well as the accuracy indicators are determined from the period prices.

Mynaric AG Polynomial Regression Price Forecast For the 25th of July

Given 90 days horizon, the Polynomial Regression forecasted value of Mynaric AG ADR on the next trading day is expected to be -0.04 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.84.
Please note that although there have been many attempts to predict Mynaric 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 Mynaric AG's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mynaric AG Stock Forecast Pattern

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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 Mynaric AG stock data series using in forecasting. Note that when a statistical model is used to represent Mynaric AG 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 Criteria114.9554
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1614
MAPEMean absolute percentage error0.3007
SAESum of the absolute errors9.8437
A single variable polynomial regression model attempts to put a curve through the Mynaric AG historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Mynaric AG

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mynaric AG ADR. 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
0.140.140.14
Details
Intrinsic
Valuation
LowRealHigh
0.130.130.15
Details

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

Mynaric AG Market Strength Events

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

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.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Consideration for investing in Mynaric Stock

If you are still planning to invest in Mynaric AG ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mynaric AG's history and understand the potential risks before investing.
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