THK Pink Sheet Forecast - Polynomial Regression

THKLFDelisted Stock  USD 21.58  0.00  0.00%   
The Polynomial Regression forecasted value of THK Co on the next trading day is expected to be 21.58 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. THK Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of THK's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
THK polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for THK Co as well as the accuracy indicators are determined from the period prices.

THK Polynomial Regression Price Forecast For the 31st of December

Given 90 days horizon, the Polynomial Regression forecasted value of THK Co on the next trading day is expected to be 21.58 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict THK 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 THK's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

THK Pink Sheet Forecast Pattern

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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 THK pink sheet data series using in forecasting. Note that when a statistical model is used to represent THK 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 Criteria55.5155
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
A single variable polynomial regression model attempts to put a curve through the THK historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for THK

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as THK Co. 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
21.5821.5821.58
Details
Intrinsic
Valuation
LowRealHigh
18.3418.3423.74
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.5821.5821.58
Details

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

THK Market Strength Events

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

Currently Active Assets on Macroaxis

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 board of governors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Consideration for investing in THK Pink Sheet

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