Ito En OTC Stock Forecast - Polynomial Regression

ITONFDelisted Stock  USD 61.41  0.00  0.00%   
The Polynomial Regression forecasted value of Ito En on the next trading day is expected to be 64.01 with a mean absolute deviation of 2.51 and the sum of the absolute errors of 153.15. Ito OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ito En's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Ito En polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Ito En as well as the accuracy indicators are determined from the period prices.

Ito En Polynomial Regression Price Forecast For the 14th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Ito En on the next trading day is expected to be 64.01 with a mean absolute deviation of 2.51, mean absolute percentage error of 15.69, and the sum of the absolute errors of 153.15.
Please note that although there have been many attempts to predict Ito OTC Stock 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 Ito En's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ito En OTC Stock Forecast Pattern

Backtest Ito EnIto En Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Ito En otc stock data series using in forecasting. Note that when a statistical model is used to represent Ito En otc stock, 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 Criteria120.8635
BiasArithmetic mean of the errors None
MADMean absolute deviation2.5107
MAPEMean absolute percentage error0.0526
SAESum of the absolute errors153.1515
A single variable polynomial regression model attempts to put a curve through the Ito En historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Ito En

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ito En. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock 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
LowEstimatedHigh
61.4161.4161.41
Details
Intrinsic
Valuation
LowRealHigh
46.8946.8967.55
Details
Bollinger
Band Projection (param)
LowMiddleHigh
61.4161.4161.41
Details

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

Ito En Market Strength Events

Market strength indicators help investors to evaluate how Ito En otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ito En shares will generate the highest return on investment. By undertsting and applying Ito En otc stock market strength indicators, traders can identify Ito En entry and exit signals to maximize returns.

Ito En Risk Indicators

The analysis of Ito En'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 Ito En's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ito otc stock 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

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Other Consideration for investing in Ito OTC Stock

If you are still planning to invest in Ito En 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 Ito En's history and understand the potential risks before investing.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital