Logiq Pink Sheet Forecast - Naive Prediction
The Naive Prediction forecasted value of Logiq Inc on the next trading day is expected to be 0.000037 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.10. Logiq Pink Sheet Forecast is based on your current time horizon.
As of today the relative strength index (rsi) of Logiq's share price is below 20 . This indicates that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Logiq hype-based prediction, you can estimate the value of Logiq Inc from the perspective of Logiq response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Logiq Inc on the next trading day is expected to be 0.000037 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.10. Logiq after-hype prediction price | USD 0.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Logiq |
Logiq Additional Predictive Modules
Most predictive techniques to examine Logiq price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Logiq using various technical indicators. When you analyze Logiq 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Logiq Naive Prediction Price Forecast For the 9th of January
Given 90 days horizon, the Naive Prediction forecasted value of Logiq Inc on the next trading day is expected to be 0.000037 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000472, and the sum of the absolute errors of 0.10.Please note that although there have been many attempts to predict Logiq 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 Logiq's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Logiq Pink Sheet Forecast Pattern
| Backtest Logiq | Logiq Price Prediction | Buy or Sell Advice |
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 Logiq pink sheet data series using in forecasting. Note that when a statistical model is used to represent Logiq 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.| AIC | Akaike Information Criteria | 105.8459 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0017 |
| MAPE | Mean absolute percentage error | 9.223372036854776E14 |
| SAE | Sum of the absolute errors | 0.1033 |
Predictive Modules for Logiq
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Logiq Inc. 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.Logiq 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 Logiq pink sheet to make a market-neutral strategy. Peer analysis of Logiq could also be used in its relative valuation, which is a method of valuing Logiq by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Logiq Risk Indicators
The analysis of Logiq'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 Logiq's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting logiq 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.
| Mean Deviation | 12.41 | |||
| Semi Deviation | 12.57 | |||
| Standard Deviation | 17.63 | |||
| Variance | 310.92 | |||
| Downside Variance | 274.64 | |||
| Semi Variance | 157.91 | |||
| Expected Short fall | (18.82) |
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.
Pair Trading with Logiq
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Logiq position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Logiq will appreciate offsetting losses from the drop in the long position's value.Moving against Logiq Pink Sheet
The ability to find closely correlated positions to Logiq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Logiq when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Logiq - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Logiq Inc to buy it.
The correlation of Logiq is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Logiq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Logiq Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Logiq can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 signals in gross domestic product. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Logiq Pink Sheet
If you are still planning to invest in Logiq Inc 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 Logiq's history and understand the potential risks before investing.
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