APAC Resources Pink Sheet Forecast - Naive Prediction

APPCFDelisted Stock  USD 0.11  0.00  0.00%   
The Naive Prediction forecasted value of APAC Resources Limited on the next trading day is expected to be 0.11 with a mean absolute deviation of 0.001 and the sum of the absolute errors of 0.06. APAC Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of APAC Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for APAC Resources is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of APAC Resources Limited 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.

APAC Resources Naive Prediction Price Forecast For the 28th of November

Given 90 days horizon, the Naive Prediction forecasted value of APAC Resources Limited on the next trading day is expected to be 0.11 with a mean absolute deviation of 0.001, mean absolute percentage error of 0.00000214, and the sum of the absolute errors of 0.06.
Please note that although there have been many attempts to predict APAC 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 APAC Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

APAC Resources Pink Sheet Forecast Pattern

Backtest APAC ResourcesAPAC Resources Price PredictionBuy or Sell Advice 

APAC Resources Forecasted Value

In the context of forecasting APAC 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. APAC Resources' downside and upside margins for the forecasting period are 0 and 1.41, respectively. We have considered APAC 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
0.11
0.11
Expected Value
1.41
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 APAC Resources pink sheet data series using in forecasting. Note that when a statistical model is used to represent APAC 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 Criteria105.058
BiasArithmetic mean of the errors None
MADMean absolute deviation0.001
MAPEMean absolute percentage error0.0093
SAESum of the absolute errors0.0604
This model is not at all useful as a medium-long range forecasting tool of APAC Resources Limited. 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 APAC 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 APAC 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 APAC Resources. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of APAC Resources' 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.
Hype
Prediction
LowEstimatedHigh
0.010.111.41
Details
Intrinsic
Valuation
LowRealHigh
0.000.091.39
Details

Other Forecasting Options for APAC Resources

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

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

APAC Resources 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 APAC 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 APAC Resources' current price.

APAC Resources Market Strength Events

Market strength indicators help investors to evaluate how APAC 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 APAC Resources shares will generate the highest return on investment. By undertsting and applying APAC Resources pink sheet market strength indicators, traders can identify APAC Resources Limited entry and exit signals to maximize returns.

APAC Resources Risk Indicators

The analysis of APAC 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 APAC Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting apac 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.

Currently Active Assets on Macroaxis

Check out Historical Fundamental Analysis of APAC Resources to cross-verify your projections.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Consideration for investing in APAC Pink Sheet

If you are still planning to invest in APAC Resources 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 APAC Resources' history and understand the potential risks before investing.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine