Unilever Indonesia Pink Sheet Forecast - Simple Regression

UNLRY Stock  USD 3.12  0.19  6.48%   
The Simple Regression forecasted value of Unilever Indonesia Tbk on the next trading day is expected to be 3.29 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 11.29. Unilever Pink Sheet Forecast is based on your current time horizon.
At this time, The relative strength index (RSI) of Unilever Indonesia's share price is at 58. This usually implies that the pink sheet is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Unilever Indonesia, making its price go up or down.

Momentum 58

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Unilever Indonesia's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Unilever Indonesia Tbk, which may create opportunities for some arbitrage if properly timed.
Using Unilever Indonesia hype-based prediction, you can estimate the value of Unilever Indonesia Tbk from the perspective of Unilever Indonesia response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Unilever Indonesia Tbk on the next trading day is expected to be 3.29 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 11.29.

Unilever Indonesia after-hype prediction price

    
  USD 3.12  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Unilever Indonesia to cross-verify your projections.

Unilever Indonesia Additional Predictive Modules

Most predictive techniques to examine Unilever price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Unilever using various technical indicators. When you analyze Unilever 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Unilever Indonesia price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Unilever Indonesia Simple Regression Price Forecast For the 10th of January

Given 90 days horizon, the Simple Regression forecasted value of Unilever Indonesia Tbk on the next trading day is expected to be 3.29 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.29.
Please note that although there have been many attempts to predict Unilever 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 Unilever Indonesia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Unilever Indonesia Pink Sheet Forecast Pattern

Backtest Unilever IndonesiaUnilever Indonesia Price PredictionBuy or Sell Advice 

Unilever Indonesia Forecasted Value

In the context of forecasting Unilever Indonesia'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. Unilever Indonesia's downside and upside margins for the forecasting period are 0.03 and 7.84, respectively. We have considered Unilever Indonesia'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
3.12
3.29
Expected Value
7.84
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Unilever Indonesia pink sheet data series using in forecasting. Note that when a statistical model is used to represent Unilever Indonesia 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 Criteria117.0078
BiasArithmetic mean of the errors None
MADMean absolute deviation0.182
MAPEMean absolute percentage error0.0661
SAESum of the absolute errors11.2859
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Unilever Indonesia Tbk historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Unilever Indonesia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Unilever Indonesia Tbk. 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
0.163.127.64
Details
Intrinsic
Valuation
LowRealHigh
0.142.887.40
Details

Other Forecasting Options for Unilever Indonesia

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

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

Unilever Indonesia Tbk 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 Unilever Indonesia'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 Unilever Indonesia's current price.

Unilever Indonesia Market Strength Events

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

Unilever Indonesia Risk Indicators

The analysis of Unilever Indonesia'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 Unilever Indonesia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unilever 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.

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.

Additional Tools for Unilever Pink Sheet Analysis

When running Unilever Indonesia's price analysis, check to measure Unilever Indonesia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Unilever Indonesia is operating at the current time. Most of Unilever Indonesia's value examination focuses on studying past and present price action to predict the probability of Unilever Indonesia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unilever Indonesia's price. Additionally, you may evaluate how the addition of Unilever Indonesia to your portfolios can decrease your overall portfolio volatility.