Butler National OTC Stock Forecast - Naive Prediction

Butler National Additional Predictive Modules

Most predictive techniques to examine Butler price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Butler using various technical indicators. When you analyze Butler charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. A naive forecasting model for Butler National is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Butler National 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.

Butler National Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Butler National Corp on the next trading day is expected to be 3.12 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.84.

Butler National OTC Stock Forecast Pattern

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Butler National Price Prediction

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Butler National Forecasted Value

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 Butler National otc stock data series using in forecasting. Note that when a statistical model is used to represent Butler National otc stock, 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 Butler National 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 Butler National. 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 Butler National

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Butler National Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock 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 0.15 3.04 6.56 Details

Intrinsic Valuation Low Real High 0.04 3.56 7.08 Details

Bollinger Band Projection (param) Low Middle High 2.86 3.01 3.15 Details

Butler National After-Hype Price Density Analysis

Butler National Estimiated After-Hype Price Volatility

Butler National OTC Stock Price Outlook Analysis

Notes

Butler National Hype Timeline

Butler National Corp is currently traded for 3.02. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.01. Butler is forecasted to increase in value after the next headline, with the price projected to jump to 3.04 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is projected to be 0.66%, whereas the daily expected return is currently at 0.45%. The volatility of related hype on Butler National is about 11354.84%, with the expected price after the next announcement by competition of 3.03. The company reported the previous year's revenue of 73.47 M. Net Income was 10.37 M with profit before overhead, payroll, taxes, and interest of 35.24 M. Given the investment horizon of 90 days the next forecasted press release will be in about 4 days. Check out Historical Fundamental Analysis of Butler National to cross-verify your projections.

Butler National Related Hype Analysis

Other Forecasting Options for Butler National

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

Butler National Related Equities

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Correlation

Butler National Market Strength Events

Butler National Risk Indicators

Story Coverage note for Butler National

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Butler National Short Properties

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