Knight Therapeutics Pink Sheet Forecast - Naive Prediction

Knight Therapeutics Additional Predictive Modules

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

Knight Therapeutics Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Knight Therapeutics on the next trading day is expected to be 4.19 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.94.

Knight Therapeutics Pink Sheet Forecast Pattern

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Knight Therapeutics Price Prediction

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

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Knight Therapeutics. 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 3.52 4.27 5.02 Details

Intrinsic Valuation Low Real High 3.52 4.27 5.02 Details

Bollinger Band Projection (param) Low Middle High 4.20 4.32 4.43 Details

Knight Therapeutics After-Hype Price Density Analysis

Knight Therapeutics Estimiated After-Hype Price Volatility

Knight Therapeutics Pink Sheet Price Outlook Analysis

Notes

Knight Therapeutics Hype Timeline

Knight Therapeutics is now traded for 4.26. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.01. Knight is projected to increase in value after the next headline, with the price projected to jump to 4.27 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is estimated to be 0.23%, whereas the daily expected return is now at 0.03%. The volatility of related hype on Knight Therapeutics is about 306.12%, with the expected price after the next announcement by competition of 4.27. The company reported the revenue of 243.48 M. Net Income was 15.68 M with profit before overhead, payroll, taxes, and interest of 115.41 M. Assuming the 90 days horizon the next projected press release will be in about 3 days. Check out Historical Fundamental Analysis of Knight Therapeutics to cross-verify your projections.

Knight Therapeutics Related Hype Analysis

Other Forecasting Options for Knight Therapeutics

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

Knight Therapeutics Related Equities

Risk & Return

Correlation

Knight Therapeutics Market Strength Events

Knight Therapeutics Risk Indicators

Story Coverage note for Knight Therapeutics

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