ASM International Pink Sheet Forecast - Simple Moving Average

ASMXF Stock  USD 515.60  23.06  4.28%   
The Simple Moving Average forecasted value of ASM International NV on the next trading day is expected to be 515.60 with a mean absolute deviation of 12.50 and the sum of the absolute errors of 737.63. ASM Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ASM International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for ASM International is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

ASM International Simple Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the Simple Moving Average forecasted value of ASM International NV on the next trading day is expected to be 515.60 with a mean absolute deviation of 12.50, mean absolute percentage error of 379.55, and the sum of the absolute errors of 737.63.
Please note that although there have been many attempts to predict ASM 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 ASM International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ASM International Pink Sheet Forecast Pattern

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ASM International Forecasted Value

In the context of forecasting ASM International's 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. ASM International's downside and upside margins for the forecasting period are 512.96 and 518.24, respectively. We have considered ASM International's 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
515.60
512.96
Downside
515.60
Expected Value
518.24
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of ASM International pink sheet data series using in forecasting. Note that when a statistical model is used to represent ASM International 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 Criteria120.3737
BiasArithmetic mean of the errors 3.1884
MADMean absolute deviation12.5021
MAPEMean absolute percentage error0.0213
SAESum of the absolute errors737.625
The simple moving average model is conceptually a linear regression of the current value of ASM International NV price series against current and previous (unobserved) value of ASM International. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for ASM International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASM International. 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 ASM International'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.
Hype
Prediction
LowEstimatedHigh
512.96515.60518.24
Details
Intrinsic
Valuation
LowRealHigh
464.78467.42567.16
Details

Other Forecasting Options for ASM International

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

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 Risk & Return  Correlation

ASM International 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 ASM International'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 ASM International's current price.

ASM International Market Strength Events

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

ASM International Risk Indicators

The analysis of ASM International'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 ASM International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asm 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 ASM Pink Sheet

ASM International financial ratios help investors to determine whether ASM 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 ASM with respect to the benefits of owning ASM International security.