Abacus Life Stock Forecast - Naive Prediction
| ABLLLDelisted Stock | 25.46 0.05 0.20% |
The Naive Prediction forecasted value of Abacus Life 9875 on the next trading day is expected to be 25.48 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.79. Abacus Stock Forecast is based on your current time horizon.
The value of RSI of Abacus Life's share price is above 70 as of now. This suggests that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Abacus, making its price go up or down. Momentum 73
Buy Stretched
Oversold | Overbought |
Using Abacus Life hype-based prediction, you can estimate the value of Abacus Life 9875 from the perspective of Abacus Life response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Abacus Life 9875 on the next trading day is expected to be 25.48 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.79. Abacus Life after-hype prediction price | USD 25.46 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Abacus |
Abacus Life Additional Predictive Modules
Most predictive techniques to examine Abacus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Abacus using various technical indicators. When you analyze Abacus 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Abacus Life Naive Prediction Price Forecast For the 8th of January
Given 90 days horizon, the Naive Prediction forecasted value of Abacus Life 9875 on the next trading day is expected to be 25.48 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.79.Please note that although there have been many attempts to predict Abacus Stock 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 Abacus Life's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Abacus Life Stock Forecast Pattern
| Backtest Abacus Life | Abacus Life 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 Abacus Life stock data series using in forecasting. Note that when a statistical model is used to represent Abacus Life stock, 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 | 112.4886 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0457 |
| MAPE | Mean absolute percentage error | 0.0018 |
| SAE | Sum of the absolute errors | 2.7895 |
Predictive Modules for Abacus Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Abacus Life 9875. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Abacus Life 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 Abacus Life stock to make a market-neutral strategy. Peer analysis of Abacus Life could also be used in its relative valuation, which is a method of valuing Abacus Life by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Abacus Life Market Strength Events
Market strength indicators help investors to evaluate how Abacus Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abacus Life shares will generate the highest return on investment. By undertsting and applying Abacus Life stock market strength indicators, traders can identify Abacus Life 9875 entry and exit signals to maximize returns.
Abacus Life Risk Indicators
The analysis of Abacus Life'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 Abacus Life's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting abacus stock 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 | 0.1651 | |||
| Standard Deviation | 0.2401 | |||
| Variance | 0.0577 | |||
| Downside Variance | 0.0491 | |||
| Semi Variance | (0.04) | |||
| Expected Short fall | (0.21) |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ProphetCheck out Trending Equities 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 board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Abacus Stock
If you are still planning to invest in Abacus Life 9875 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 Abacus Life's history and understand the potential risks before investing.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Stocks Directory Find actively traded stocks across global markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |