Nikon Corp Pink Sheet Forecast - Naive Prediction

Nikon Corp Additional Predictive Modules

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

Nikon Corp Naive Prediction Price Forecast For the 30th of January

Given 90 days horizon, the Naive Prediction forecasted value of Nikon Corp on the next trading day is expected to be 13.28 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.06, and the sum of the absolute errors of 11.42.

Nikon Corp Pink Sheet Forecast Pattern

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

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nikon Corp. 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 10.64 13.00 15.36 Details

Intrinsic Valuation Low Real High 8.08 10.44 14.30 Details

Bollinger Band Projection (param) Low Middle High 10.53 11.59 12.65 Details

Nikon Corp After-Hype Price Density Analysis

Nikon Corp Estimiated After-Hype Price Volatility

Nikon Corp Pink Sheet Price Outlook Analysis

Notes

Nikon Corp Hype Timeline

Nikon Corp is now traded for 13.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.04. Nikon 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 0.27%. %. The volatility of related hype on Nikon Corp is about 1430.3%, with the expected price after the next announcement by competition of 12.96. The company has price-to-book ratio of 0.7. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nikon Corp last dividend was issued on the 29th of September 2022. The entity had 10:1 split on the 24th of August 2012. Assuming the 90 days horizon the next estimated press release will be uncertain. Check out Historical Fundamental Analysis of Nikon Corp to cross-verify your projections.

Nikon Corp Related Hype Analysis

Other Forecasting Options for Nikon Corp

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

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Nikon Corp Short Properties

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