26 Capital Stock Forecast - Naive Prediction
ADERDelisted Stock | USD 11.38 0.43 3.93% |
The Naive Prediction forecasted value of 26 Capital Acquisition on the next trading day is expected to be 11.42 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.70. ADER Stock Forecast is based on your current time horizon.
ADER |
26 Capital Naive Prediction Price Forecast For the 3rd of December
Given 90 days horizon, the Naive Prediction forecasted value of 26 Capital Acquisition on the next trading day is expected to be 11.42 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.70.Please note that although there have been many attempts to predict ADER 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 26 Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
26 Capital Stock Forecast Pattern
Backtest 26 Capital | 26 Capital Price Prediction | Buy or Sell Advice |
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 26 Capital stock data series using in forecasting. Note that when a statistical model is used to represent 26 Capital 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 | 112.4483 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0443 |
MAPE | Mean absolute percentage error | 0.0041 |
SAE | Sum of the absolute errors | 2.7036 |
Predictive Modules for 26 Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 26 Capital Acquisition. 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 26 Capital's 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.
26 Capital 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 26 Capital stock to make a market-neutral strategy. Peer analysis of 26 Capital could also be used in its relative valuation, which is a method of valuing 26 Capital by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
26 Capital Market Strength Events
Market strength indicators help investors to evaluate how 26 Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 26 Capital shares will generate the highest return on investment. By undertsting and applying 26 Capital stock market strength indicators, traders can identify 26 Capital Acquisition entry and exit signals to maximize returns.
26 Capital Risk Indicators
The analysis of 26 Capital'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 26 Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ader 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 | 0.415 | |||
Standard Deviation | 0.7142 | |||
Variance | 0.5101 | |||
Downside Variance | 0.3145 | |||
Semi Variance | (0.02) | |||
Expected Short fall | (0.75) |
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.
Pair Trading with 26 Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 26 Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 26 Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with ADER Stock
Moving against ADER Stock
0.64 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
0.61 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
0.61 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
0.59 | EC | Ecopetrol SA ADR | PairCorr |
0.51 | PKX | POSCO Holdings | PairCorr |
The ability to find closely correlated positions to 26 Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 26 Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 26 Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 26 Capital Acquisition to buy it.
The correlation of 26 Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 26 Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 26 Capital Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 26 Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities 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 income. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in ADER Stock
If you are still planning to invest in 26 Capital Acquisition 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 26 Capital's history and understand the potential risks before investing.
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