Santos Pink Sheet Forecast - Naive Prediction
| SSLZYDelisted Stock | USD 5.38 0.01 0.19% |
The Naive Prediction forecasted value of Santos Ltd ADR on the next trading day is expected to be 5.48 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.87. Santos Pink Sheet Forecast is based on your current time horizon.
Santos |
Santos Naive Prediction Price Forecast For the 2nd of February
Given 90 days horizon, the Naive Prediction forecasted value of Santos Ltd ADR on the next trading day is expected to be 5.48 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.87.Please note that although there have been many attempts to predict Santos 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 Santos' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Santos Pink Sheet Forecast Pattern
| Backtest Santos | Santos Price Prediction | Buy 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 Santos pink sheet data series using in forecasting. Note that when a statistical model is used to represent Santos 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 | 113.5463 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0799 |
| MAPE | Mean absolute percentage error | 0.0159 |
| SAE | Sum of the absolute errors | 4.8737 |
Predictive Modules for Santos
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Santos Ltd ADR. 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.View Santos Related Equities
| Risk & Return | Correlation |
Santos Market Strength Events
Market strength indicators help investors to evaluate how Santos 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 Santos shares will generate the highest return on investment. By undertsting and applying Santos pink sheet market strength indicators, traders can identify Santos Ltd ADR 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.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 nation. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Santos Pink Sheet
If you are still planning to invest in Santos Ltd ADR 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 Santos' history and understand the potential risks before investing.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |