Pact Group Pink Sheet Forecast - Simple Regression

PCTGY Stock  USD 6.37  0.00  0.00%   
The Simple Regression forecasted value of Pact Group Holdings on the next trading day is expected to be 6.37 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Pact Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Pact Group's share price is below 20 indicating that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Pact Group's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Pact Group Holdings, which may create opportunities for some arbitrage if properly timed.
Using Pact Group hype-based prediction, you can estimate the value of Pact Group Holdings from the perspective of Pact Group response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Pact Group Holdings on the next trading day is expected to be 6.37 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.

Pact Group after-hype prediction price

    
  USD 6.37  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Pact Group to cross-verify your projections.

Pact Group Additional Predictive Modules

Most predictive techniques to examine Pact price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pact using various technical indicators. When you analyze Pact 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 Pact Group 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.

Pact Group Simple Regression Price Forecast For the 19th of January

Given 90 days horizon, the Simple Regression forecasted value of Pact Group Holdings on the next trading day is expected to be 6.37 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 Pact 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 Pact Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pact Group Pink Sheet Forecast Pattern

Backtest Pact GroupPact Group Price PredictionBuy or Sell Advice 

Pact Group Forecasted Value

In the context of forecasting Pact Group's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Pact Group's downside and upside margins for the forecasting period are 6.37 and 6.37, respectively. We have considered Pact Group's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
6.37
6.37
Expected Value
6.37
Upside

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 Pact Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent Pact Group 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 Criteria53.2186
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
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 Pact Group Holdings 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 Pact Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pact Group Holdings. 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
6.376.376.37
Details
Intrinsic
Valuation
LowRealHigh
6.376.376.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pact Group. Your research has to be compared to or analyzed against Pact Group's peers to derive any actionable benefits. When done correctly, Pact Group'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 Pact Group Holdings.

Other Forecasting Options for Pact Group

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

Pact Group 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 Pact Group pink sheet to make a market-neutral strategy. Peer analysis of Pact Group could also be used in its relative valuation, which is a method of valuing Pact Group by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pact Group Holdings Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Pact Group's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Pact Group's current price.

Pact Group Market Strength Events

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Pact Pink Sheet Analysis

When running Pact Group's price analysis, check to measure Pact Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pact Group is operating at the current time. Most of Pact Group's value examination focuses on studying past and present price action to predict the probability of Pact Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pact Group's price. Additionally, you may evaluate how the addition of Pact Group to your portfolios can decrease your overall portfolio volatility.