Cathay Pacific Pink Sheet Forecast - Simple Regression

Cathay Pacific Additional Predictive Modules

Most predictive techniques to examine Cathay price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cathay using various technical indicators. When you analyze Cathay 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. Simple Regression model is a single variable regression model that attempts to put a straight line through Cathay Pacific price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Cathay Pacific Simple Regression Price Forecast For the 27th of January

Given 90 days horizon, the Simple Regression forecasted value of Cathay Pacific Airways on the next trading day is expected to be 8.07 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.04, and the sum of the absolute errors of 11.10.

Cathay Pacific Pink Sheet Forecast Pattern

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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 Cathay Pacific pink sheet data series using in forecasting. Note that when a statistical model is used to represent Cathay Pacific 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Cathay Pacific Airways historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Cathay Pacific

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cathay Pacific Airways. 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 5.81 7.88 9.95 Details

Intrinsic Valuation Low Real High 5.69 7.76 9.83 Details

Bollinger Band Projection (param) Low Middle High 7.57 7.96 8.35 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cathay Pacific. Your research has to be compared to or analyzed against Cathay Pacific's peers to derive any actionable benefits. When done correctly, Cathay Pacific's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cathay Pacific Airways.

Cathay Pacific After-Hype Price Density Analysis

Cathay Pacific Estimiated After-Hype Price Volatility

Cathay Pacific Pink Sheet Price Outlook Analysis

Notes

Cathay Pacific Hype Timeline

Cathay Pacific Airways is currently traded for 7.88. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Cathay is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.16%. %. The volatility of related hype on Cathay Pacific is about 0.0%, with the expected price after the next announcement by competition of 7.88. The company has price-to-book (P/B) ratio of 0.78. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cathay Pacific Airways recorded a loss per share of 0.61. The entity last dividend was issued on the 12th of August 2020. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Cathay Pacific to cross-verify your projections.

Cathay Pacific Related Hype Analysis

Other Forecasting Options for Cathay Pacific

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

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