Welcia Holdings Pink Sheet Forecast - Naive Prediction

WLCGFDelisted Stock  USD 21.50  0.00  0.00%   
The Naive Prediction forecasted value of Welcia Holdings Co on the next trading day is expected to be 21.49 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.79. Welcia Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Welcia Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Welcia Holdings is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Welcia Holdings Co 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.

Welcia Holdings Naive Prediction Price Forecast For the 12th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Welcia Holdings Co on the next trading day is expected to be 21.49 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.79.
Please note that although there have been many attempts to predict Welcia 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 Welcia Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Welcia Holdings Pink Sheet Forecast Pattern

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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 Welcia Holdings pink sheet data series using in forecasting. Note that when a statistical model is used to represent Welcia Holdings 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 Criteria111.8426
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0294
MAPEMean absolute percentage error0.0014
SAESum of the absolute errors1.7918
This model is not at all useful as a medium-long range forecasting tool of Welcia Holdings Co. 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 Welcia Holdings. 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 Welcia Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Welcia Holdings. 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
21.5021.5021.50
Details
Intrinsic
Valuation
LowRealHigh
18.2118.2123.65
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.2521.4621.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Welcia Holdings. Your research has to be compared to or analyzed against Welcia Holdings' peers to derive any actionable benefits. When done correctly, Welcia Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Welcia Holdings.

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

Welcia Holdings Market Strength Events

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

Currently Active Assets on Macroaxis

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 price.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Consideration for investing in Welcia Pink Sheet

If you are still planning to invest in Welcia Holdings 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 Welcia Holdings' history and understand the potential risks before investing.
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