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 |
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 En | Ito En Price Prediction | Buy 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.AIC | Akaike Information Criteria | 120.8635 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 2.5107 |
MAPE | Mean absolute percentage error | 0.0526 |
SAE | Sum of the absolute errors | 153.1515 |
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.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.
Mean Deviation | 2.05 | |||
Standard Deviation | 8.45 | |||
Variance | 71.43 |
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 |