Puma SE Pink Sheet Forecast - Naive Prediction

A naive forecasting model for Puma SE is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Puma SE 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.

Puma SE Naive Prediction Price Forecast For the 27th of November

Given 90 days horizon, the Naive Prediction forecasted value of Puma SE on the next trading day is expected to be 43.81 with a mean absolute deviation of 1.19, mean absolute percentage error of 2.16, and the sum of the absolute errors of 72.39.

Puma SE Pink Sheet Forecast Pattern

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Puma SE Price Prediction

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

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Puma SE. 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 41.96 45.46 48.96 Details

Intrinsic Valuation Low Real High 34.01 37.51 50.01 Details

Bollinger Band Projection (param) Low Middle High 44.85 48.31 51.78 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Puma SE. Your research has to be compared to or analyzed against Puma SE's peers to derive any actionable benefits. When done correctly, Puma SE'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 Puma SE.

Other Forecasting Options for Puma SE

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

Puma SE Related Equities

Risk & Return

Correlation

Puma SE 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 Puma SE'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 Puma SE's current price.

Puma SE Market Strength Events

Puma SE Risk Indicators

Currently Active Assets on Macroaxis

Other Information on Investing in Puma Pink Sheet