Otto Energy Pink Sheet Forecast - Naive Prediction

Otto Energy Additional Predictive Modules

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

Otto Energy Naive Prediction Price Forecast For the 28th of January

Given 90 days horizon, the Naive Prediction forecasted value of Otto Energy Limited on the next trading day is expected to be -0.001 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000598, and the sum of the absolute errors of 0.12.

Otto Energy Pink Sheet Forecast Pattern

Backtest Otto Energy

Otto Energy Price Prediction

Buy or Sell Advice

Otto Energy 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 Otto Energy pink sheet data series using in forecasting. Note that when a statistical model is used to represent Otto Energy 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 Otto Energy Limited. 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 Otto Energy. 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 Otto Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Otto Energy Limited. 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 0.00 0 50.16 Details

Intrinsic Valuation Low Real High 0.00 0 50.16 Details

Bollinger Band Projection (param) Low Middle High 0.0002 0.01 0.01 Details

Otto Energy After-Hype Price Density Analysis

Otto Energy Estimiated After-Hype Price Volatility

Otto Energy Pink Sheet Price Outlook Analysis

Notes

Otto Energy Hype Timeline

Otto Energy Limited is now traded for 0. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.36. Otto is forecasted to decline in value after the next headline, with the price expected to drop to 0.002855. The average volatility of media hype impact on the company price is insignificant. The price reduction on the next news is expected to be -10.79%, whereas the daily expected return is now at 8.27%. The volatility of related hype on Otto Energy is about 140581.4%, with the expected price after the next announcement by competition of -0.36. About 55.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.5. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Otto Energy Limited last dividend was issued on the 12th of June 2015. The entity had 1:50 split on the 23rd of November 2020. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Otto Energy to cross-verify your projections.

Otto Energy Related Hype Analysis

Other Forecasting Options for Otto Energy

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

Otto Energy Related Equities

Risk & Return

Correlation

Otto Energy Market Strength Events

Otto Energy Risk Indicators

Story Coverage note for Otto Energy

Other Macroaxis Stories

Other Information on Investing in Otto Pink Sheet