Basilea Pharmaceutica Pink Sheet Forecast - Naive Prediction
| BPMUF Stock | USD 52.83 0.00 0.00% |
The Naive Prediction forecasted value of Basilea Pharmaceutica AG on the next trading day is expected to be 52.83 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Basilea Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Basilea Pharmaceutica's historical fundamentals, such as revenue growth or operating cash flow patterns.
Basilea |
Basilea Pharmaceutica Naive Prediction Price Forecast For the 2nd of February
Given 90 days horizon, the Naive Prediction forecasted value of Basilea Pharmaceutica AG on the next trading day is expected to be 52.83 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Basilea 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 Basilea Pharmaceutica's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Basilea Pharmaceutica Pink Sheet Forecast Pattern
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Basilea Pharmaceutica Forecasted Value
In the context of forecasting Basilea Pharmaceutica'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. Basilea Pharmaceutica's downside and upside margins for the forecasting period are 52.83 and 52.83, respectively. We have considered Basilea Pharmaceutica'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.
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 Basilea Pharmaceutica pink sheet data series using in forecasting. Note that when a statistical model is used to represent Basilea Pharmaceutica 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.| AIC | Akaike Information Criteria | 58.1088 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Basilea Pharmaceutica
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Basilea Pharmaceutica. 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 Basilea Pharmaceutica'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.
Other Forecasting Options for Basilea Pharmaceutica
For every potential investor in Basilea, whether a beginner or expert, Basilea Pharmaceutica's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Basilea Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Basilea. Basic forecasting techniques help filter out the noise by identifying Basilea Pharmaceutica's price trends.View Basilea Pharmaceutica Related Equities
| Risk & Return | Correlation |
Basilea Pharmaceutica 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 Basilea Pharmaceutica'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 Basilea Pharmaceutica's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Basilea Pharmaceutica Market Strength Events
Market strength indicators help investors to evaluate how Basilea Pharmaceutica 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 Basilea Pharmaceutica shares will generate the highest return on investment. By undertsting and applying Basilea Pharmaceutica pink sheet market strength indicators, traders can identify Basilea Pharmaceutica AG entry and exit signals to maximize returns.
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Other Information on Investing in Basilea Pink Sheet
Basilea Pharmaceutica financial ratios help investors to determine whether Basilea 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 Basilea with respect to the benefits of owning Basilea Pharmaceutica security.