Alps Electric Pink Sheet Forecast - Naive Prediction

A naive forecasting model for Alps Electric is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Alps Electric Co 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.

Alps Electric Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of Alps Electric Co on the next trading day is expected to be 19.63 with a mean absolute deviation of 0.27, mean absolute percentage error of 0.1, and the sum of the absolute errors of 16.57.

Alps Electric Pink Sheet Forecast Pattern

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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 Alps Electric pink sheet data series using in forecasting. Note that when a statistical model is used to represent Alps Electric 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. This model is not at all useful as a medium-long range forecasting tool of Alps Electric Co. 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 Alps Electric. 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 Alps 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 Alps Electric. 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 Low Estimated High 18.48 20.23 21.98 Details

Intrinsic Valuation Low Real High 18.81 20.56 22.31 Details

Bollinger Band Projection (param) Low Middle High 19.53 20.28 21.03 Details

Other Forecasting Options for Alps Electric

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

Alps Electric Related Equities

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Alps Electric 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 Alps Electric'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 Alps Electric's current price.

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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.

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