Slam Corp Pink Sheet Forecast - Naive Prediction

SLAMWDelisted Stock  USD 0.12  0.02  20.00%   
The Naive Prediction forecasted value of Slam Corp on the next trading day is expected to be 0.11 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.86. Slam Pink Sheet Forecast is based on your current time horizon.
  
A naive forecasting model for Slam Corp is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Slam Corp 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.

Slam Corp Naive Prediction Price Forecast For the 28th of November

Given 90 days horizon, the Naive Prediction forecasted value of Slam Corp on the next trading day is expected to be 0.11 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.86.
Please note that although there have been many attempts to predict Slam 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 Slam Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Slam Corp Pink Sheet Forecast Pattern

Backtest Slam CorpSlam Corp Price PredictionBuy or Sell Advice 

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 Slam Corp pink sheet data series using in forecasting. Note that when a statistical model is used to represent Slam Corp 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 Criteria111.856
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0306
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors1.8638
This model is not at all useful as a medium-long range forecasting tool of Slam Corp. 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 Slam Corp. 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 Slam Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Slam Corp. 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
0.120.120.12
Details
Intrinsic
Valuation
LowRealHigh
0.110.110.13
Details

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

Slam Corp Market Strength Events

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

Slam Corp Risk Indicators

The analysis of Slam Corp'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 Slam Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting slam 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.
Check out World Market Map 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 population.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Other Consideration for investing in Slam Pink Sheet

If you are still planning to invest in Slam Corp 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 Slam Corp's history and understand the potential risks before investing.
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