PS Business Pink Sheet Forecast - Polynomial Regression
| PSBXPDelisted Stock | 14.00 0.00 0.00% |
The Polynomial Regression forecasted value of PS Business Parks on the next trading day is expected to be 13.56 with a mean absolute deviation of 0.27 and the sum of the absolute errors of 16.57. PSBXP Pink Sheet Forecast is based on your current time horizon.
PSBXP |
PS Business Polynomial Regression Price Forecast For the 28th of November
Given 90 days horizon, the Polynomial Regression forecasted value of PS Business Parks on the next trading day is expected to be 13.56 with a mean absolute deviation of 0.27, mean absolute percentage error of 0.13, and the sum of the absolute errors of 16.57.Please note that although there have been many attempts to predict PSBXP 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 PS Business' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PS Business Pink Sheet Forecast Pattern
| Backtest PS Business | PS Business Price Prediction | Buy 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 PS Business pink sheet data series using in forecasting. Note that when a statistical model is used to represent PS Business 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.| AIC | Akaike Information Criteria | 116.0668 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2716 |
| MAPE | Mean absolute percentage error | 0.0199 |
| SAE | Sum of the absolute errors | 16.5693 |
Predictive Modules for PS Business
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PS Business Parks. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PS Business' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PS Business 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 PS Business pink sheet to make a market-neutral strategy. Peer analysis of PS Business could also be used in its relative valuation, which is a method of valuing PS Business by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PS Business Market Strength Events
Market strength indicators help investors to evaluate how PS Business 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 PS Business shares will generate the highest return on investment. By undertsting and applying PS Business pink sheet market strength indicators, traders can identify PS Business Parks entry and exit signals to maximize returns.
PS Business Risk Indicators
The analysis of PS Business' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in PS Business' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting psbxp pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.58 | |||
| Semi Deviation | 2.26 | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.88 | |||
| Downside Variance | 8.48 | |||
| Semi Variance | 5.1 | |||
| Expected Short fall | (1.96) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with PS Business
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PS Business position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PS Business will appreciate offsetting losses from the drop in the long position's value.Moving against PSBXP Pink Sheet
| 0.63 | SQFTP | Presidio Property Trust | PairCorr |
| 0.6 | UK | Ucommune International | PairCorr |
| 0.55 | RC | Ready Capital Corp | PairCorr |
| 0.47 | OZ | Belpointe PREP LLC | PairCorr |
| 0.46 | FR | First Industrial Realty | PairCorr |
The ability to find closely correlated positions to PS Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PS Business when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PS Business - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PS Business Parks to buy it.
The correlation of PS Business is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PS Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PS Business Parks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PS Business can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 interest. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in PSBXP Pink Sheet
If you are still planning to invest in PS Business Parks 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 PS Business' history and understand the potential risks before investing.
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