Tri City Pink Sheet Forecast - Naive Prediction

Tri City Additional Predictive Modules

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

Tri City Naive Prediction Price Forecast For the 28th of January

Given 90 days horizon, the Naive Prediction forecasted value of Tri City Bankshares on the next trading day is expected to be 23.98 with a mean absolute deviation of 0.42, mean absolute percentage error of 0.35, and the sum of the absolute errors of 26.28.

Tri City Pink Sheet Forecast Pattern

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Tri City Forecasted Value

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 Tri City pink sheet data series using in forecasting. Note that when a statistical model is used to represent Tri City 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 Tri City Bankshares. 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 Tri City. 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 Tri City

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tri City Bankshares. 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 19.32 21.75 24.18 Details

Intrinsic Valuation Low Real High 19.58 24.34 26.77 Details

Bollinger Band Projection (param) Low Middle High 19.37 20.64 21.91 Details

Tri City After-Hype Price Density Analysis

Tri City Estimiated After-Hype Price Volatility

Tri City Pink Sheet Price Outlook Analysis

Notes

Tri City Hype Timeline

Tri City Bankshares is at this time traded for 21.75. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Tri is forecasted 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 forecasted to be very small, whereas the daily expected return is at this time at 0.44%. %. The volatility of related hype on Tri City is about 0.0%, with the expected price after the next announcement by competition of 21.75. The company has price-to-book ratio of 0.99. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tri City Bankshares last dividend was issued on the 27th of January 2023. The entity had 3:1 split on the 4th of March 2003. Given the investment horizon of 90 days the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Tri City to cross-verify your projections.

Tri City Related Hype Analysis

Other Forecasting Options for Tri City

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

Tri City Related Equities

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