Isras Investment Pink Sheet Forecast - Naive Prediction

IRICF Stock   206.00  0.00  0.00%   
The Naive Prediction forecasted value of Isras Investment on the next trading day is expected to be 204.74 with a mean absolute deviation of 0.53 and the sum of the absolute errors of 32.54. Isras Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Isras Investment's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Isras Investment is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Isras Investment 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.

Isras Investment Naive Prediction Price Forecast For the 27th of December

Given 90 days horizon, the Naive Prediction forecasted value of Isras Investment on the next trading day is expected to be 204.74 with a mean absolute deviation of 0.53, mean absolute percentage error of 0.58, and the sum of the absolute errors of 32.54.
Please note that although there have been many attempts to predict Isras 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 Isras Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Isras Investment Pink Sheet Forecast Pattern

Backtest Isras InvestmentIsras Investment Price PredictionBuy or Sell Advice 

Isras Investment Forecasted Value

In the context of forecasting Isras Investment's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Isras Investment's downside and upside margins for the forecasting period are 204.46 and 205.03, respectively. We have considered Isras Investment's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
206.00
204.46
Downside
204.74
Expected Value
205.03
Upside

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 Isras Investment pink sheet data series using in forecasting. Note that when a statistical model is used to represent Isras Investment 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.
AICAkaike Information Criteria117.5587
BiasArithmetic mean of the errors None
MADMean absolute deviation0.5334
MAPEMean absolute percentage error0.0026
SAESum of the absolute errors32.538
This model is not at all useful as a medium-long range forecasting tool of Isras Investment. 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 Isras Investment. 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 Isras Investment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Isras Investment. 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 Isras Investment'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
LowEstimatedHigh
205.72206.00206.28
Details
Intrinsic
Valuation
LowRealHigh
204.58204.86226.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
198.70203.11207.51
Details

Other Forecasting Options for Isras Investment

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

Isras Investment 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 Isras Investment pink sheet to make a market-neutral strategy. Peer analysis of Isras Investment could also be used in its relative valuation, which is a method of valuing Isras Investment by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Isras Investment Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Isras Investment's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Isras Investment's current price.

Isras Investment Market Strength Events

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

Isras Investment Risk Indicators

The analysis of Isras Investment'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 Isras Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting isras 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.
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.

Currently Active Assets on Macroaxis

Other Information on Investing in Isras Pink Sheet

Isras Investment financial ratios help investors to determine whether Isras Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Isras with respect to the benefits of owning Isras Investment security.