U Blox Pink Sheet Forecast - 8 Period Moving Average

UBLXF Stock  USD 73.32  0.63  0.87%   
The 8 Period Moving Average forecasted value of u blox Holding AG on the next trading day is expected to be 75.29 with a mean absolute deviation of 2.60 and the sum of the absolute errors of 137.79. UBLXF Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of U Blox's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for U Blox is based on an artificially constructed time series of U Blox daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

U Blox 8 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of u blox Holding AG on the next trading day is expected to be 75.29 with a mean absolute deviation of 2.60, mean absolute percentage error of 14.10, and the sum of the absolute errors of 137.79.
Please note that although there have been many attempts to predict UBLXF 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 U Blox's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

U Blox Pink Sheet Forecast Pattern

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U Blox Forecasted Value

In the context of forecasting U Blox's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. U Blox's downside and upside margins for the forecasting period are 73.15 and 77.44, respectively. We have considered U Blox's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
73.32
75.29
Expected Value
77.44
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of U Blox pink sheet data series using in forecasting. Note that when a statistical model is used to represent U Blox 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 Criteria106.0538
BiasArithmetic mean of the errors 1.2295
MADMean absolute deviation2.5997
MAPEMean absolute percentage error0.0329
SAESum of the absolute errors137.7863
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. u blox Holding AG 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for U Blox

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as u blox Holding. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of U Blox's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
71.1773.3275.47
Details
Intrinsic
Valuation
LowRealHigh
60.1762.3280.65
Details
Bollinger
Band Projection (param)
LowMiddleHigh
71.4176.2981.17
Details

Other Forecasting Options for U Blox

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

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

u blox Holding Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of U Blox's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of U Blox's current price.

U Blox Market Strength Events

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

U Blox Risk Indicators

The analysis of U Blox'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 U Blox's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ublxf 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.

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Other Information on Investing in UBLXF Pink Sheet

U Blox financial ratios help investors to determine whether UBLXF Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in UBLXF with respect to the benefits of owning U Blox security.