Wake Forest Pink Sheet Forecast - Naive Prediction
| WAKEDelisted Stock | USD 32.38 0.00 0.00% |
The Naive Prediction forecasted value of Wake Forest Bancshares on the next trading day is expected to be 26.79 with a mean absolute deviation of 1.37 and the sum of the absolute errors of 83.52. Wake Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Wake Forest stock prices and determine the direction of Wake Forest Bancshares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Wake Forest's historical fundamentals, such as revenue growth or operating cash flow patterns.
Wake |
Wake Forest Naive Prediction Price Forecast For the 1st of December
Given 90 days horizon, the Naive Prediction forecasted value of Wake Forest Bancshares on the next trading day is expected to be 26.79 with a mean absolute deviation of 1.37, mean absolute percentage error of 4.56, and the sum of the absolute errors of 83.52.Please note that although there have been many attempts to predict Wake 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 Wake Forest's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wake Forest Pink Sheet Forecast Pattern
| Backtest Wake Forest | Wake Forest 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 Wake Forest pink sheet data series using in forecasting. Note that when a statistical model is used to represent Wake Forest 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.| AIC | Akaike Information Criteria | 119.6277 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.3692 |
| MAPE | Mean absolute percentage error | 0.0604 |
| SAE | Sum of the absolute errors | 83.5228 |
Predictive Modules for Wake Forest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wake Forest Bancshares. 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.View Wake Forest Related Equities
| Risk & Return | Correlation |
Wake Forest Market Strength Events
Market strength indicators help investors to evaluate how Wake Forest 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 Wake Forest shares will generate the highest return on investment. By undertsting and applying Wake Forest pink sheet market strength indicators, traders can identify Wake Forest Bancshares entry and exit signals to maximize returns.
Wake Forest Risk Indicators
The analysis of Wake Forest'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 Wake Forest's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wake 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.
| Mean Deviation | 2.55 | |||
| Standard Deviation | 10.14 | |||
| Variance | 102.89 | |||
| Downside Variance | 6.66 | |||
| Semi Variance | (0.45) | |||
| Expected Short fall | (7.14) |
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.Check out Your Current Watchlist 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 industry. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Wake Pink Sheet
If you are still planning to invest in Wake Forest Bancshares 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 Wake Forest's history and understand the potential risks before investing.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |