Inpex Corp Pink Sheet Forecast - Naive Prediction

Inpex Corp Additional Predictive Modules

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

Inpex Corp Naive Prediction Price Forecast For the 30th of January

Given 90 days horizon, the Naive Prediction forecasted value of Inpex Corp ADR on the next trading day is expected to be 22.12 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.1, and the sum of the absolute errors of 15.05.

Inpex Corp Pink Sheet Forecast Pattern

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Inpex Corp Forecasted Value

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 Inpex Corp pink sheet data series using in forecasting. Note that when a statistical model is used to represent Inpex Corp 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 Inpex Corp 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 Inpex Corp. 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 Inpex Corp

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

Hype Prediction Low Estimated High 20.06 21.82 23.58 Details

Intrinsic Valuation Low Real High 19.64 23.89 25.65 Details

Bollinger Band Projection (param) Low Middle High 19.28 20.29 21.31 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Inpex Corp. Your research has to be compared to or analyzed against Inpex Corp's peers to derive any actionable benefits. When done correctly, Inpex Corp'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 Inpex Corp ADR.

Inpex Corp After-Hype Price Density Analysis

Inpex Corp Estimiated After-Hype Price Volatility

Inpex Corp Pink Sheet Price Outlook Analysis

Notes

Inpex Corp Hype Timeline

Inpex Corp ADR is currently traded for 21.82. The entity has historical hype elasticity of 0.29, and average elasticity to hype of competition of 0.07. Inpex 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 about 183.33%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.3%. %. The volatility of related hype on Inpex Corp is about 745.76%, with the expected price after the next announcement by competition of 21.89. The company has price-to-book (P/B) ratio of 0.47. Some equities with similar Price to Book (P/B) outperform the market in the long run. Inpex Corp ADR last dividend was issued on the 29th of June 2022. The entity had 4:1 split on the 4th of August 2011. Assuming the 90 days horizon the next forecasted press release will be in about 7 days. Check out Historical Fundamental Analysis of Inpex Corp to cross-verify your projections.

Inpex Corp Related Hype Analysis

Other Forecasting Options for Inpex Corp

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

Inpex Corp Related Equities

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