HeidelbergCement Pink Sheet Forecast - Simple Regression
| HDELYDelisted Stock | USD 37.78 0.11 0.29% |
The Simple Regression forecasted value of HeidelbergCement AG ADR on the next trading day is expected to be 34.65 with a mean absolute deviation of 1.18 and the sum of the absolute errors of 72.04. HeidelbergCement Pink Sheet Forecast is based on your current time horizon.
HeidelbergCement |
HeidelbergCement Simple Regression Price Forecast For the 1st of January
Given 90 days horizon, the Simple Regression forecasted value of HeidelbergCement AG ADR on the next trading day is expected to be 34.65 with a mean absolute deviation of 1.18, mean absolute percentage error of 2.37, and the sum of the absolute errors of 72.04.Please note that although there have been many attempts to predict HeidelbergCement 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 HeidelbergCement's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
HeidelbergCement 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 HeidelbergCement pink sheet data series using in forecasting. Note that when a statistical model is used to represent HeidelbergCement 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.| AIC | Akaike Information Criteria | 118.9752 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.181 |
| MAPE | Mean absolute percentage error | 0.0398 |
| SAE | Sum of the absolute errors | 72.04 |
Predictive Modules for HeidelbergCement
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HeidelbergCement AG ADR. 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.HeidelbergCement 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 HeidelbergCement pink sheet to make a market-neutral strategy. Peer analysis of HeidelbergCement could also be used in its relative valuation, which is a method of valuing HeidelbergCement by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HeidelbergCement Market Strength Events
Market strength indicators help investors to evaluate how HeidelbergCement 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 HeidelbergCement shares will generate the highest return on investment. By undertsting and applying HeidelbergCement pink sheet market strength indicators, traders can identify HeidelbergCement AG ADR entry and exit signals to maximize returns.
HeidelbergCement Risk Indicators
The analysis of HeidelbergCement'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 HeidelbergCement's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting heidelbergcement 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.
| Mean Deviation | 1.86 | |||
| Semi Deviation | 1.62 | |||
| Standard Deviation | 2.86 | |||
| Variance | 8.16 | |||
| Downside Variance | 4.63 | |||
| Semi Variance | 2.61 | |||
| Expected Short fall | (2.16) |
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.Check out Risk vs Return Analysis 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 board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in HeidelbergCement Pink Sheet
If you are still planning to invest in HeidelbergCement AG ADR 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 HeidelbergCement's history and understand the potential risks before investing.
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