Mytilineos Pink Sheet Forecast - Naive Prediction

Mytilineos Additional Predictive Modules

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

Mytilineos Naive Prediction Price Forecast For the 25th of January

Given 90 days horizon, the Naive Prediction forecasted value of Mytilineos SA on the next trading day is expected to be 84.26 with a mean absolute deviation of 1.91, mean absolute percentage error of 10.50, and the sum of the absolute errors of 116.62.

Mytilineos Pink Sheet Forecast Pattern

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

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mytilineos SA. 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 84.00 84.00 84.00 Details

Intrinsic Valuation Low Real High 64.64 64.64 92.40 Details

Bollinger Band Projection (param) Low Middle High 39.40 53.97 68.53 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mytilineos. Your research has to be compared to or analyzed against Mytilineos' peers to derive any actionable benefits. When done correctly, Mytilineos' 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 Mytilineos SA.

Mytilineos After-Hype Price Prediction Density Analysis

Mytilineos Estimiated After-Hype Price Volatility

Mytilineos Pink Sheet Price Prediction Analysis

Mytilineos Hype Timeline

Mytilineos SA is now traded for 84.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Mytilineos is forecasted 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 forecasted to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on Mytilineos is about 0.0%, with the expected price after the next announcement by competition of 84.00. About 32.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mytilineos SA last dividend was issued on the 24th of June 2022. The entity had 5:1 split on the 2nd of February 1999. Assuming the 90 days horizon the next forecasted 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 signals in rate.

Mytilineos Related Hype Analysis

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Risk & Return

Correlation

Mytilineos Market Strength Events

Mytilineos Risk Indicators

Story Coverage note for Mytilineos

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Other Consideration for investing in Mytilineos Pink Sheet