Kansai Paint Pink Sheet Forward View

Kansai Paint Additional Predictive Modules

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

Kansai Paint Naive Prediction Price Forecast For the 3rd of February

Given 90 days horizon, the Naive Prediction forecasted value of Kansai Paint Co on the next trading day is expected to be 17.24 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.12, and the sum of the absolute errors of 14.91.

Kansai Paint Pink Sheet Forecast Pattern

Backtest Kansai Paint

Kansai Paint Price Prediction

Research Analysis

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 Kansai Paint pink sheet data series using in forecasting. Note that when a statistical model is used to represent Kansai Paint 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 Kansai Paint Co. 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 Kansai Paint. 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 Kansai Paint

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kansai Paint. 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 16.90 16.90 16.90 Details

Intrinsic Valuation Low Real High 13.89 13.89 18.59 Details

Bollinger Band Projection (param) Low Middle High 16.90 16.90 16.90 Details

Kansai Paint After-Hype Price Density Analysis

Kansai Paint Estimiated After-Hype Price Volatility

Kansai Paint Pink Sheet Price Outlook Analysis

Notes

Kansai Paint Hype Timeline

Kansai Paint is now traded for 16.90. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Kansai is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on Kansai Paint is about 0.0%, with the expected price after the next announcement by competition of 16.90. About 12.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.46. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kansai Paint last dividend was issued on the 30th of March 2023. Assuming the 90 days horizon the next estimated press release will be uncertain. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Kansai Paint Related Hype Analysis

Kansai Paint Related Equities

Risk & Return

Correlation

Kansai Paint Market Strength Events

Kansai Paint Risk Indicators

Story Coverage note for Kansai Paint

Other Macroaxis Stories

Other Consideration for investing in Kansai Pink Sheet