INDIVIOR PLC Pink Sheet Forecast - Naive Prediction

Summary

INVVYDelisted Stock

USD 21.85 0.20 0.92%

The Naive Prediction forecasted value of INDIVIOR PLC ADR on the next trading day is expected to be 24.02 with a mean absolute deviation of 1.40 and the sum of the absolute errors of 85.59. INDIVIOR Pink Sheet Forecast is based on your current time horizon.

A naive forecasting model for INDIVIOR PLC is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of INDIVIOR PLC ADR 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.

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INDIVIOR PLC Naive Prediction Price Forecast For the 19th of January

Given 90 days horizon, the Naive Prediction forecasted value of INDIVIOR PLC ADR on the next trading day is expected to be 24.02 with a mean absolute deviation of 1.40, mean absolute percentage error of 3.67, and the sum of the absolute errors of 85.59.

Please note that although there have been many attempts to predict INDIVIOR 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 INDIVIOR PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

INDIVIOR PLC Pink Sheet Forecast Pattern

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INDIVIOR PLC Price Prediction

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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 INDIVIOR PLC pink sheet data series using in forecasting. Note that when a statistical model is used to represent INDIVIOR PLC 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	119.4102
Bias	Arithmetic mean of the errors	None
MAD	Mean absolute deviation	1.4031
MAPE	Mean absolute percentage error	0.0592
SAE	Sum of the absolute errors	85.5864

This model is not at all useful as a medium-long range forecasting tool of INDIVIOR PLC ADR. 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 INDIVIOR PLC. 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 INDIVIOR PLC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as INDIVIOR PLC 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.

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of INDIVIOR PLC'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.

Hype

Prediction

Low	Estimated	High
21.85	21.85	21.85

Details

Intrinsic

Valuation

Low	Real	High
19.79	19.79	24.04

Details

View INDIVIOR PLC Related Equities

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Risk & Return

Correlation

INDIVIOR PLC Market Strength Events

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

	Accumulation Distribution	0.0096
	Daily Balance Of Power	0.9524
	Rate Of Daily Change	1.01
	Day Median Price	21.75
	Day Typical Price	21.78
	Market Facilitation Index	0.21
	Price Action Indicator	0.21
	Period Momentum Indicator	0.2

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Other Consideration for investing in INDIVIOR Pink Sheet

If you are still planning to invest in INDIVIOR PLC 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 INDIVIOR PLC's history and understand the potential risks before investing.

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