Mediobanca Banca Pink Sheet Forecast - Naive Prediction

MDIBF Stock  USD 23.60  0.00  0.00%   
The Naive Prediction forecasted value of Mediobanca Banca di on the next trading day is expected to be 23.41 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.04. Mediobanca Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Mediobanca Banca's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Mediobanca Banca is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Mediobanca Banca di 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.

Mediobanca Banca Naive Prediction Price Forecast For the 25th of December

Given 90 days horizon, the Naive Prediction forecasted value of Mediobanca Banca di on the next trading day is expected to be 23.41 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.04.
Please note that although there have been many attempts to predict Mediobanca 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 Mediobanca Banca's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mediobanca Banca Pink Sheet Forecast Pattern

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Mediobanca Banca Forecasted Value

In the context of forecasting Mediobanca Banca's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Mediobanca Banca's downside and upside margins for the forecasting period are 23.09 and 23.73, respectively. We have considered Mediobanca Banca's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
23.60
23.41
Expected Value
23.73
Upside

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 Mediobanca Banca pink sheet data series using in forecasting. Note that when a statistical model is used to represent Mediobanca Banca 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.
AICAkaike Information Criteria113.4393
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0662
MAPEMean absolute percentage error0.0028
SAESum of the absolute errors4.0405
This model is not at all useful as a medium-long range forecasting tool of Mediobanca Banca di. 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 Mediobanca Banca. 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 Mediobanca Banca

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mediobanca Banca. 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
LowEstimatedHigh
23.2823.6023.92
Details
Intrinsic
Valuation
LowRealHigh
23.1323.4523.77
Details
Bollinger
Band Projection (param)
LowMiddleHigh
22.6523.2223.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mediobanca Banca. Your research has to be compared to or analyzed against Mediobanca Banca's peers to derive any actionable benefits. When done correctly, Mediobanca Banca's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mediobanca Banca.

Other Forecasting Options for Mediobanca Banca

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

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 Risk & Return  Correlation

Mediobanca Banca Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Mediobanca Banca's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Mediobanca Banca's current price.

Mediobanca Banca Market Strength Events

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

Mediobanca Banca Risk Indicators

The analysis of Mediobanca Banca'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 Mediobanca Banca's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mediobanca 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.
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.

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Other Information on Investing in Mediobanca Pink Sheet

Mediobanca Banca financial ratios help investors to determine whether Mediobanca Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mediobanca with respect to the benefits of owning Mediobanca Banca security.