FinTech Evolution Stock Forecast - Naive Prediction
| FTEVDelisted Stock | USD 10.18 0.01 0.1% |
The Naive Prediction forecasted value of FinTech Evolution Acquisition on the next trading day is expected to be 10.18 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.33. FinTech Stock Forecast is based on your current time horizon.
FinTech |
FinTech Evolution Naive Prediction Price Forecast For the 13th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of FinTech Evolution Acquisition on the next trading day is expected to be 10.18 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000048, and the sum of the absolute errors of 0.33.Please note that although there have been many attempts to predict FinTech Stock 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 FinTech Evolution's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
FinTech Evolution Stock Forecast Pattern
| Backtest FinTech Evolution | FinTech Evolution Price Prediction | Buy or Sell Advice |
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 FinTech Evolution stock data series using in forecasting. Note that when a statistical model is used to represent FinTech Evolution 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.| AIC | Akaike Information Criteria | 108.1741 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0054 |
| MAPE | Mean absolute percentage error | 5.0E-4 |
| SAE | Sum of the absolute errors | 0.3296 |
Predictive Modules for FinTech Evolution
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FinTech Evolution. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FinTech Evolution'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.
FinTech Evolution 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 FinTech Evolution stock to make a market-neutral strategy. Peer analysis of FinTech Evolution could also be used in its relative valuation, which is a method of valuing FinTech Evolution by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FinTech Evolution Market Strength Events
Market strength indicators help investors to evaluate how FinTech Evolution stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FinTech Evolution shares will generate the highest return on investment. By undertsting and applying FinTech Evolution stock market strength indicators, traders can identify FinTech Evolution Acquisition entry and exit signals to maximize returns.
FinTech Evolution Risk Indicators
The analysis of FinTech Evolution'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 FinTech Evolution's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fintech stock 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 | 0.0725 | |||
| Standard Deviation | 0.0868 | |||
| Variance | 0.0075 | |||
| Downside Variance | 0.0104 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.11) |
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.
Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in FinTech Stock
If you are still planning to invest in FinTech Evolution check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the FinTech Evolution's history and understand the potential risks before investing.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |