Just Eat Pink Sheet Forecast - Naive Prediction

Just Eat Additional Predictive Modules

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

Just Eat Naive Prediction Price Forecast For the 29th of January

Given 90 days horizon, the Naive Prediction forecasted value of Just Eat Takeaway on the next trading day is expected to be 24.43 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.57.

Just Eat Pink Sheet Forecast Pattern

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Just Eat 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 Just Eat pink sheet data series using in forecasting. Note that when a statistical model is used to represent Just Eat 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. This model is not at all useful as a medium-long range forecasting tool of Just Eat Takeaway. 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 Just Eat. 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 Just Eat

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Just Eat Takeaway. 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 Low Estimated High 23.34 24.37 25.40 Details

Intrinsic Valuation Low Real High 19.47 20.50 26.81 Details

Bollinger Band Projection (param) Low Middle High 22.96 23.91 24.86 Details

Just Eat After-Hype Price Density Analysis

Just Eat Estimiated After-Hype Price Volatility

Just Eat Pink Sheet Price Outlook Analysis

Notes

Just Eat Hype Timeline

Just Eat Takeaway is at this time traded for 24.37. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. Just is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.24%. %. The volatility of related hype on Just Eat is about 811.02%, with the expected price after the next announcement by competition of 24.40. About 67.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.47. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Just Eat Takeaway recorded a loss per share of 5.82. The entity had not issued any dividends in recent years. Assuming the 90 days horizon the next anticipated press release will be within a week. 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 services.

Just Eat Related Hype Analysis

Just Eat Related Equities

Risk & Return

Correlation

Just Eat Market Strength Events

Just Eat Risk Indicators

Story Coverage note for Just Eat

Other Macroaxis Stories

Other Consideration for investing in Just Pink Sheet