Deutsche Börse Pink Sheet Forecast - Naive Prediction

DBOEF Stock  USD 230.64  3.99  1.76%   
The Naive Prediction forecasted value of Deutsche Brse AG on the next trading day is expected to be 231.68 with a mean absolute deviation of 2.74 and the sum of the absolute errors of 167.24. Deutsche Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Deutsche Börse's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Deutsche Börse is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Deutsche Brse AG 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.

Deutsche Börse Naive Prediction Price Forecast For the 29th of November

Given 90 days horizon, the Naive Prediction forecasted value of Deutsche Brse AG on the next trading day is expected to be 231.68 with a mean absolute deviation of 2.74, mean absolute percentage error of 13.17, and the sum of the absolute errors of 167.24.
Please note that although there have been many attempts to predict Deutsche 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 Deutsche Börse's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Deutsche Börse Pink Sheet Forecast Pattern

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Deutsche Börse Forecasted Value

In the context of forecasting Deutsche Börse'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. Deutsche Börse's downside and upside margins for the forecasting period are 229.64 and 233.72, respectively. We have considered Deutsche Börse'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.
Market Value
230.64
229.64
Downside
231.68
Expected Value
233.72
Upside

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 Deutsche Börse pink sheet data series using in forecasting. Note that when a statistical model is used to represent Deutsche Börse 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.
AICAkaike Information Criteria120.6885
BiasArithmetic mean of the errors None
MADMean absolute deviation2.7416
MAPEMean absolute percentage error0.0118
SAESum of the absolute errors167.2361
This model is not at all useful as a medium-long range forecasting tool of Deutsche Brse AG. 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 Deutsche Börse. 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 Deutsche Börse

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Deutsche Brse AG. 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 Deutsche Börse'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.
Hype
Prediction
LowEstimatedHigh
228.60230.64232.68
Details
Intrinsic
Valuation
LowRealHigh
191.52193.56253.70
Details
Bollinger
Band Projection (param)
LowMiddleHigh
219.55230.26240.98
Details

Other Forecasting Options for Deutsche Börse

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

Deutsche Börse 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 Deutsche Börse pink sheet to make a market-neutral strategy. Peer analysis of Deutsche Börse could also be used in its relative valuation, which is a method of valuing Deutsche Börse by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Deutsche Brse AG 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 Deutsche Börse'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 Deutsche Börse's current price.

Deutsche Börse Market Strength Events

Market strength indicators help investors to evaluate how Deutsche Börse 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 Deutsche Börse shares will generate the highest return on investment. By undertsting and applying Deutsche Börse pink sheet market strength indicators, traders can identify Deutsche Brse AG entry and exit signals to maximize returns.

Deutsche Börse Risk Indicators

The analysis of Deutsche Börse'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 Deutsche Börse's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting deutsche 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.
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.

Currently Active Assets on Macroaxis

Other Information on Investing in Deutsche Pink Sheet

Deutsche Börse financial ratios help investors to determine whether Deutsche 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 Deutsche with respect to the benefits of owning Deutsche Börse security.