NEC Pink Sheet Forecast - Simple Regression

NEC Additional Predictive Modules

Most predictive techniques to examine NEC price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NEC using various technical indicators. When you analyze NEC 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. Simple Regression model is a single variable regression model that attempts to put a straight line through NEC price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

NEC Simple Regression Price Forecast For the 25th of January

Given 90 days horizon, the Simple Regression forecasted value of NEC Corporation on the next trading day is expected to be 36.53 with a mean absolute deviation of 1.35, mean absolute percentage error of 3.22, and the sum of the absolute errors of 83.59.

NEC Pink Sheet Forecast Pattern

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NEC Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of NEC pink sheet data series using in forecasting. Note that when a statistical model is used to represent NEC 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as NEC Corporation historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for NEC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEC Corporation. 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 32.43 35.67 38.91 Details

Intrinsic Valuation Low Real High 31.20 34.44 37.68 Details

Bollinger Band Projection (param) Low Middle High 32.90 36.36 39.81 Details

NEC After-Hype Price Prediction Density Analysis

NEC Estimiated After-Hype Price Volatility

NEC Pink Sheet Price Prediction Analysis

NEC Hype Timeline

NEC Corporation is now traded for 36.32. The entity has historical hype elasticity of -0.65, and average elasticity to hype of competition of 0.22. NEC is estimated to decline in value after the next headline, with the price expected to drop to 35.67. The average volatility of media hype impact on the company price is about 114.08%. The price reduction on the next news is expected to be -1.79%, whereas the daily expected return is now at 0.23%. The volatility of related hype on NEC is about 336.1%, with the expected price after the next announcement by competition of 36.54. About 44.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.83. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NEC Corporation last dividend was issued on the 30th of March 2023. The entity had 1:10 split on the 27th of September 2017. Assuming the 90 days horizon the next estimated press release will be in about 6 days. Check out Historical Fundamental Analysis of NEC to cross-verify your projections.

NEC Related Hype Analysis

Other Forecasting Options for NEC

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

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