Affiliated Resources Pink Sheet Forecast - Naive Prediction

AFFL Stock  USD 0.08  0.01  12.95%   
The Naive Prediction forecasted value of Affiliated Resources Corp on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.31. Affiliated Pink Sheet Forecast is based on your current time horizon.
  
A naive forecasting model for Affiliated Resources is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Affiliated Resources Corp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Affiliated Resources Naive Prediction Price Forecast For the 27th of November

Given 90 days horizon, the Naive Prediction forecasted value of Affiliated Resources Corp on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000044, and the sum of the absolute errors of 0.31.
Please note that although there have been many attempts to predict Affiliated Pink Sheet 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 Affiliated Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Affiliated Resources Pink Sheet Forecast Pattern

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Affiliated Resources Forecasted Value

In the context of forecasting Affiliated Resources' Pink Sheet 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. Affiliated Resources' downside and upside margins for the forecasting period are 0.0008 and 8.24, respectively. We have considered Affiliated Resources' 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
0.08
0.0008
Downside
0.08
Expected Value
8.24
Upside

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 Affiliated Resources pink sheet data series using in forecasting. Note that when a statistical model is used to represent Affiliated Resources pink sheet, 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 Criteria108.0715
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0051
MAPEMean absolute percentage error0.0513
SAESum of the absolute errors0.312
This model is not at all useful as a medium-long range forecasting tool of Affiliated Resources Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Affiliated Resources. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Affiliated Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Affiliated Resources Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
0.000.088.24
Details
Intrinsic
Valuation
LowRealHigh
0.000.088.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Affiliated Resources. Your research has to be compared to or analyzed against Affiliated Resources' peers to derive any actionable benefits. When done correctly, Affiliated Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Affiliated Resources Corp.

Other Forecasting Options for Affiliated Resources

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

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

Affiliated Resources Corp Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Affiliated Resources' 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 Affiliated Resources' current price.

Affiliated Resources Market Strength Events

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

Affiliated Resources Risk Indicators

The analysis of Affiliated Resources' 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 Affiliated Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting affiliated pink sheet 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.

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Other Information on Investing in Affiliated Pink Sheet

Affiliated Resources financial ratios help investors to determine whether Affiliated Pink Sheet 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 Affiliated with respect to the benefits of owning Affiliated Resources security.