Delek Drilling OTC Stock Forecast - Simple Regression

Delek Drilling Additional Predictive Modules

Most predictive techniques to examine Delek price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Delek using various technical indicators. When you analyze Delek 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 Delek Drilling 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.

Delek Drilling Simple Regression Price Forecast For the 24th of January

Given 90 days horizon, the Simple Regression forecasted value of Delek Drilling on the next trading day is expected to be 5.93 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.80.

Delek Drilling OTC Stock Forecast Pattern

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Delek Drilling Forecasted Value

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 Delek Drilling otc stock data series using in forecasting. Note that when a statistical model is used to represent Delek Drilling 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. 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 Delek Drilling 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 Delek Drilling

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delek Drilling. 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 3.48 5.88 8.28 Details

Intrinsic Valuation Low Real High 2.39 4.79 7.19 Details

Bollinger Band Projection (param) Low Middle High 4.89 5.59 6.30 Details

Delek Drilling After-Hype Price Prediction Density Analysis

Delek Drilling Estimiated After-Hype Price Volatility

Delek Drilling OTC Stock Price Prediction Analysis

Delek Drilling Hype Timeline

Delek Drilling is currently traded for 5.88. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Delek is projected 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 projected to be very small, whereas the daily expected return is currently at 0.31%. %. The volatility of related hype on Delek Drilling is about 0.0%, with the expected price after the next announcement by competition of 5.88. About 55.0% of the company shares are held by company insiders. The book value of Delek Drilling was currently reported as 1.0. The company last dividend was issued on the 23rd of December 2022. Assuming the 90 days horizon the next projected press release will be in a few days. Check out Historical Fundamental Analysis of Delek Drilling to cross-verify your projections.

Delek Drilling Related Hype Analysis

Other Forecasting Options for Delek Drilling

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

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Delek Drilling Market Strength Events

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