Zooplus AG Pink Sheet Forecast - Naive Prediction
| ZLPSFDelisted Stock | USD 536.38 0.00 0.00% |
The Naive Prediction forecasted value of Zooplus AG on the next trading day is expected to be 536.38 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Zooplus Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Zooplus AG's historical fundamentals, such as revenue growth or operating cash flow patterns.
Zooplus |
Zooplus AG Naive Prediction Price Forecast For the 27th of December
Given 90 days horizon, the Naive Prediction forecasted value of Zooplus AG on the next trading day is expected to be 536.38 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Zooplus 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 Zooplus AG's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Zooplus AG Pink Sheet Forecast Pattern
| Backtest Zooplus AG | Zooplus AG 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 Zooplus AG pink sheet data series using in forecasting. Note that when a statistical model is used to represent Zooplus AG 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 | 61.5428 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Zooplus AG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zooplus AG. 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 Zooplus AG'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.
Zooplus AG 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 Zooplus AG pink sheet to make a market-neutral strategy. Peer analysis of Zooplus AG could also be used in its relative valuation, which is a method of valuing Zooplus AG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zooplus AG Market Strength Events
Market strength indicators help investors to evaluate how Zooplus AG 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 Zooplus AG shares will generate the highest return on investment. By undertsting and applying Zooplus AG pink sheet market strength indicators, traders can identify Zooplus AG entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 536.38 | |||
| Day Typical Price | 536.38 |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
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 real. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in Zooplus Pink Sheet
If you are still planning to invest in Zooplus AG 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 Zooplus AG's history and understand the potential risks before investing.
| AI Portfolio Prophet Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |