Wereldhave Pink Sheet Forecast - Polynomial Regression
| WRDEF Stock | USD 22.46 0.00 0.00% |
The Polynomial Regression forecasted value of Wereldhave NV on the next trading day is expected to be 20.58 with a mean absolute deviation of 0.93 and the sum of the absolute errors of 57.03. Wereldhave Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Wereldhave's historical fundamentals, such as revenue growth or operating cash flow patterns.
Wereldhave |
Wereldhave Polynomial Regression Price Forecast For the 26th of December
Given 90 days horizon, the Polynomial Regression forecasted value of Wereldhave NV on the next trading day is expected to be 20.58 with a mean absolute deviation of 0.93, mean absolute percentage error of 1.58, and the sum of the absolute errors of 57.03.Please note that although there have been many attempts to predict Wereldhave 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 Wereldhave's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wereldhave Pink Sheet Forecast Pattern
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Wereldhave Forecasted Value
In the context of forecasting Wereldhave'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. Wereldhave's downside and upside margins for the forecasting period are 15.53 and 25.63, respectively. We have considered Wereldhave'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Wereldhave pink sheet data series using in forecasting. Note that when a statistical model is used to represent Wereldhave 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 | 118.5652 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.9349 |
| MAPE | Mean absolute percentage error | 0.0479 |
| SAE | Sum of the absolute errors | 57.0286 |
Predictive Modules for Wereldhave
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wereldhave NV. 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 Wereldhave'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.
Other Forecasting Options for Wereldhave
For every potential investor in Wereldhave, whether a beginner or expert, Wereldhave's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wereldhave Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wereldhave. Basic forecasting techniques help filter out the noise by identifying Wereldhave's price trends.Wereldhave 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 Wereldhave pink sheet to make a market-neutral strategy. Peer analysis of Wereldhave could also be used in its relative valuation, which is a method of valuing Wereldhave by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wereldhave NV 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 Wereldhave'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 Wereldhave's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Wereldhave Market Strength Events
Market strength indicators help investors to evaluate how Wereldhave 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 Wereldhave shares will generate the highest return on investment. By undertsting and applying Wereldhave pink sheet market strength indicators, traders can identify Wereldhave NV entry and exit signals to maximize returns.
Wereldhave Risk Indicators
The analysis of Wereldhave'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 Wereldhave's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wereldhave 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 | 1.2 | |||
| Standard Deviation | 4.97 | |||
| Variance | 24.7 |
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 Wereldhave Pink Sheet
Wereldhave financial ratios help investors to determine whether Wereldhave 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 Wereldhave with respect to the benefits of owning Wereldhave security.