Cheviot Financial Pink Sheet Forecast - Simple Regression
| CHEV Stock | 5.04 0.14 2.70% |
The Simple Regression forecasted value of Cheviot Financial Corp on the next trading day is expected to be 5.02 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.13. Cheviot Pink Sheet Forecast is based on your current time horizon.
Cheviot |
Cheviot Financial Simple Regression Price Forecast For the 28th of December
Given 90 days horizon, the Simple Regression forecasted value of Cheviot Financial Corp on the next trading day is expected to be 5.02 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.13.Please note that although there have been many attempts to predict Cheviot 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 Cheviot Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Cheviot Financial Pink Sheet Forecast Pattern
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Cheviot Financial Forecasted Value
In the context of forecasting Cheviot Financial'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. Cheviot Financial's downside and upside margins for the forecasting period are 3.45 and 6.59, respectively. We have considered Cheviot Financial'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Cheviot Financial pink sheet data series using in forecasting. Note that when a statistical model is used to represent Cheviot Financial 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 | 114.7544 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0505 |
| MAPE | Mean absolute percentage error | 0.0098 |
| SAE | Sum of the absolute errors | 3.133 |
Predictive Modules for Cheviot Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cheviot Financial Corp. 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 Cheviot Financial'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 Cheviot Financial
For every potential investor in Cheviot, whether a beginner or expert, Cheviot Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cheviot Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cheviot. Basic forecasting techniques help filter out the noise by identifying Cheviot Financial's price trends.Cheviot Financial 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 Cheviot Financial pink sheet to make a market-neutral strategy. Peer analysis of Cheviot Financial could also be used in its relative valuation, which is a method of valuing Cheviot Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cheviot Financial Corp 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 Cheviot Financial'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 Cheviot Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cheviot Financial Market Strength Events
Market strength indicators help investors to evaluate how Cheviot Financial 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 Cheviot Financial shares will generate the highest return on investment. By undertsting and applying Cheviot Financial pink sheet market strength indicators, traders can identify Cheviot Financial Corp entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 5.04 | |||
| Day Typical Price | 5.04 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.14) |
Cheviot Financial Risk Indicators
The analysis of Cheviot Financial'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 Cheviot Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cheviot 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.
| Mean Deviation | 1.0 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.39 |
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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Additional Tools for Cheviot Pink Sheet Analysis
When running Cheviot Financial's price analysis, check to measure Cheviot Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cheviot Financial is operating at the current time. Most of Cheviot Financial's value examination focuses on studying past and present price action to predict the probability of Cheviot Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheviot Financial's price. Additionally, you may evaluate how the addition of Cheviot Financial to your portfolios can decrease your overall portfolio volatility.