Sodexo PK Pink Sheet Forecast - Naive Prediction

SDXAY Stock  USD 10.29  0.14  1.34%   
The Naive Prediction forecasted value of Sodexo PK on the next trading day is expected to be 10.59 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.63. Sodexo Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Sodexo PK's share price is below 20 . This usually implies 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 Sodexo PK's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Sodexo PK, which may create opportunities for some arbitrage if properly timed.
Using Sodexo PK hype-based prediction, you can estimate the value of Sodexo PK from the perspective of Sodexo PK response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Sodexo PK on the next trading day is expected to be 10.59 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.63.

Sodexo PK after-hype prediction price

    
  USD 10.29  
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 Sodexo PK to cross-verify your projections.

Sodexo PK Additional Predictive Modules

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

Sodexo PK Naive Prediction Price Forecast For the 9th of January

Given 90 days horizon, the Naive Prediction forecasted value of Sodexo PK on the next trading day is expected to be 10.59 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.63.
Please note that although there have been many attempts to predict Sodexo 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 Sodexo PK's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sodexo PK Pink Sheet Forecast Pattern

Backtest Sodexo PKSodexo PK Price PredictionBuy or Sell Advice 

Sodexo PK Forecasted Value

In the context of forecasting Sodexo PK'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. Sodexo PK's downside and upside margins for the forecasting period are 8.55 and 12.64, respectively. We have considered Sodexo PK'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
10.29
10.59
Expected Value
12.64
Upside

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 Sodexo PK pink sheet data series using in forecasting. Note that when a statistical model is used to represent Sodexo PK 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 Criteria117.0268
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1876
MAPEMean absolute percentage error0.0181
SAESum of the absolute errors11.6282
This model is not at all useful as a medium-long range forecasting tool of Sodexo PK. 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 Sodexo PK. 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 Sodexo PK

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sodexo PK. 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
8.2510.2912.33
Details
Intrinsic
Valuation
LowRealHigh
8.5610.6012.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sodexo PK. Your research has to be compared to or analyzed against Sodexo PK's peers to derive any actionable benefits. When done correctly, Sodexo PK'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 Sodexo PK.

Other Forecasting Options for Sodexo PK

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

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

Sodexo PK 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 Sodexo PK'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 Sodexo PK's current price.

Sodexo PK Market Strength Events

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

Sodexo PK Risk Indicators

The analysis of Sodexo PK's 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 Sodexo PK's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sodexo 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.
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.

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 Sodexo Pink Sheet Analysis

When running Sodexo PK's price analysis, check to measure Sodexo PK'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 Sodexo PK is operating at the current time. Most of Sodexo PK's value examination focuses on studying past and present price action to predict the probability of Sodexo PK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sodexo PK's price. Additionally, you may evaluate how the addition of Sodexo PK to your portfolios can decrease your overall portfolio volatility.