Incitec Pivot Pink Sheet Forecast - Naive Prediction

Incitec Pivot Additional Predictive Modules

Most predictive techniques to examine Incitec price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Incitec using various technical indicators. When you analyze Incitec 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. A naive forecasting model for Incitec Pivot is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Incitec Pivot 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.

Incitec Pivot Naive Prediction Price Forecast For the 28th of January

Given 90 days horizon, the Naive Prediction forecasted value of Incitec Pivot on the next trading day is expected to be 1.78 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.28.

Incitec Pivot Pink Sheet Forecast Pattern

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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 Incitec Pivot pink sheet data series using in forecasting. Note that when a statistical model is used to represent Incitec Pivot 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. This model is not at all useful as a medium-long range forecasting tool of Incitec Pivot. 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 Incitec Pivot. 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 Incitec Pivot

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Incitec Pivot. 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 Low Estimated High 1.74 1.74 1.74 Details

Intrinsic Valuation Low Real High 1.39 1.39 1.91 Details

Bollinger Band Projection (param) Low Middle High 1.62 1.69 1.76 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Incitec Pivot. Your research has to be compared to or analyzed against Incitec Pivot's peers to derive any actionable benefits. When done correctly, Incitec Pivot's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Incitec Pivot.

Incitec Pivot After-Hype Price Density Analysis

Incitec Pivot Estimiated After-Hype Price Volatility

Incitec Pivot Pink Sheet Price Outlook Analysis

Notes

Incitec Pivot Hype Timeline

Incitec Pivot is currently traded for 1.74. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Incitec is forecasted 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 forecasted to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Incitec Pivot is about 0.0%, with the expected price after the next announcement by competition of 1.74. The company has price-to-book (P/B) ratio of 1.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. Incitec Pivot last dividend was issued on the 2nd of December 2022. Assuming the 90 days horizon the next forecasted press release will be uncertain. 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 nation.

Incitec Pivot Related Hype Analysis

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Risk & Return

Correlation

Incitec Pivot Market Strength Events

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Story Coverage note for Incitec Pivot

Other Macroaxis Stories

Other Consideration for investing in Incitec Pink Sheet