Pico Far Pink Sheet Forecast - Polynomial Regression

PCOFFDelisted Stock  USD 0.17  0.00  0.00%   
The Polynomial Regression forecasted value of Pico Far East on the next trading day is expected to be 0.17 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Pico Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Pico Far's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Pico Far polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Pico Far East as well as the accuracy indicators are determined from the period prices.

Pico Far Polynomial Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Pico Far East on the next trading day is expected to be 0.17 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Pico 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 Pico Far's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pico Far Pink Sheet Forecast Pattern

Backtest Pico FarPico Far Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Pico Far pink sheet data series using in forecasting. Note that when a statistical model is used to represent Pico Far 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 Criteria48.3811
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
A single variable polynomial regression model attempts to put a curve through the Pico Far historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Pico Far

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pico Far East. 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
0.170.170.17
Details
Intrinsic
Valuation
LowRealHigh
0.140.140.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pico Far. Your research has to be compared to or analyzed against Pico Far's peers to derive any actionable benefits. When done correctly, Pico Far'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 Pico Far East.

Pico Far Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pico Far pink sheet to make a market-neutral strategy. Peer analysis of Pico Far could also be used in its relative valuation, which is a method of valuing Pico Far by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pico Far Market Strength Events

Market strength indicators help investors to evaluate how Pico Far 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 Pico Far shares will generate the highest return on investment. By undertsting and applying Pico Far pink sheet market strength indicators, traders can identify Pico Far East entry and exit signals to maximize returns.

Currently Active Assets on Macroaxis

Check out Your Equity Center 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 census.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Other Consideration for investing in Pico Pink Sheet

If you are still planning to invest in Pico Far East check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pico Far's history and understand the potential risks before investing.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data