Cellcom Israel Pink Sheet Forecast - Naive Prediction

Cellcom Israel Additional Predictive Modules

Most predictive techniques to examine Cellcom price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cellcom using various technical indicators. When you analyze Cellcom 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 Cellcom Israel is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Cellcom Israel 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.

Cellcom Israel Naive Prediction Price Forecast For the 10th of January

Given 90 days horizon, the Naive Prediction forecasted value of Cellcom Israel on the next trading day is expected to be 11.17 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.19, and the sum of the absolute errors of 19.75.

Cellcom Israel Pink Sheet Forecast Pattern

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Cellcom Israel Price Prediction

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Cellcom Israel 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 Cellcom Israel pink sheet data series using in forecasting. Note that when a statistical model is used to represent Cellcom Israel 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 Cellcom Israel. 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 Cellcom Israel. 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 Cellcom Israel

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cellcom Israel. 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 7.16 11.40 15.64 Details

Intrinsic Valuation Low Real High 5.00 9.24 13.48 Details

Bollinger Band Projection (param) Low Middle High 10.57 11.50 12.43 Details

Other Forecasting Options for Cellcom Israel

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

Cellcom Israel Related Equities

Risk & Return

Correlation

Cellcom Israel 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 Cellcom Israel'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 Cellcom Israel's current price.

Cellcom Israel Market Strength Events

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