Electronic Tele-Communicati Pink Sheet Forecast - Naive Prediction

ETCIA Stock  USD 0.0003  0.00  0.00%   
The Naive Prediction forecasted value of Electronic Tele Communications on the next trading day is expected to be -0.0003 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.06. Electronic Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Electronic Tele-Communicati stock prices and determine the direction of Electronic Tele Communications's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Electronic Tele-Communicati's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Electronic Tele-Communicati is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Electronic Tele Communications 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.

Electronic Tele-Communicati Naive Prediction Price Forecast For the 30th of December

Given 90 days horizon, the Naive Prediction forecasted value of Electronic Tele Communications on the next trading day is expected to be -0.0003 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000243, and the sum of the absolute errors of 0.06.
Please note that although there have been many attempts to predict Electronic 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 Electronic Tele-Communicati's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Electronic Tele-Communicati Pink Sheet Forecast Pattern

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Electronic Tele-Communicati Forecasted Value

In the context of forecasting Electronic Tele-Communicati'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. Electronic Tele-Communicati's downside and upside margins for the forecasting period are 0.000003 and 12.03, respectively. We have considered Electronic Tele-Communicati'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
0.0003
0.000003
Downside
-0.0003
Expected Value
12.03
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 Electronic Tele-Communicati pink sheet data series using in forecasting. Note that when a statistical model is used to represent Electronic Tele-Communicati 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 Criteria105.1848
BiasArithmetic mean of the errors None
MADMean absolute deviation0.001
MAPEMean absolute percentage error1.6855
SAESum of the absolute errors0.0627
This model is not at all useful as a medium-long range forecasting tool of Electronic Tele Communications. 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 Electronic Tele-Communicati. 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 Electronic Tele-Communicati

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electronic Tele-Communicati. 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
LowEstimatedHigh
0.000.000311.94
Details
Intrinsic
Valuation
LowRealHigh
0.000.000311.94
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00030.00030.0003
Details

Other Forecasting Options for Electronic Tele-Communicati

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

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

Electronic Tele-Communicati 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 Electronic Tele-Communicati'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 Electronic Tele-Communicati's current price.

Electronic Tele-Communicati Market Strength Events

Market strength indicators help investors to evaluate how Electronic Tele-Communicati 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 Electronic Tele-Communicati shares will generate the highest return on investment. By undertsting and applying Electronic Tele-Communicati pink sheet market strength indicators, traders can identify Electronic Tele Communications entry and exit signals to maximize returns.

Electronic Tele-Communicati Risk Indicators

The analysis of Electronic Tele-Communicati'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 Electronic Tele-Communicati's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting electronic 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Electronic Pink Sheet

Electronic Tele-Communicati financial ratios help investors to determine whether Electronic 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 Electronic with respect to the benefits of owning Electronic Tele-Communicati security.