Asahi Kasei Pink Sheet Forecast - Naive Prediction
| AHKSFDelisted Stock | USD 7.60 0.00 0.00% |
The Naive Prediction forecasted value of Asahi Kasei on the next trading day is expected to be 7.60 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.42. Asahi Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Asahi Kasei's historical fundamentals, such as revenue growth or operating cash flow patterns.
Asahi |
Asahi Kasei Naive Prediction Price Forecast For the 3rd of December
Given 90 days horizon, the Naive Prediction forecasted value of Asahi Kasei on the next trading day is expected to be 7.60 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.42.Please note that although there have been many attempts to predict Asahi 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 Asahi Kasei's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Asahi Kasei Pink Sheet Forecast Pattern
| Backtest Asahi Kasei | Asahi Kasei 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 Asahi Kasei pink sheet data series using in forecasting. Note that when a statistical model is used to represent Asahi Kasei 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 | 114.6114 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1381 |
| MAPE | Mean absolute percentage error | 0.0197 |
| SAE | Sum of the absolute errors | 8.4212 |
Predictive Modules for Asahi Kasei
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asahi Kasei. 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 Asahi Kasei'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.
Asahi Kasei 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 Asahi Kasei pink sheet to make a market-neutral strategy. Peer analysis of Asahi Kasei could also be used in its relative valuation, which is a method of valuing Asahi Kasei by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Asahi Kasei Market Strength Events
Market strength indicators help investors to evaluate how Asahi Kasei 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 Asahi Kasei shares will generate the highest return on investment. By undertsting and applying Asahi Kasei pink sheet market strength indicators, traders can identify Asahi Kasei entry and exit signals to maximize returns.
Asahi Kasei Risk Indicators
The analysis of Asahi Kasei'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 Asahi Kasei's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asahi 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 | 0.8974 | |||
| Semi Deviation | 0.7048 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.82 | |||
| Downside Variance | 8.91 | |||
| Semi Variance | 0.4967 | |||
| Expected Short fall | (4.50) |
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.
Currently Active Assets on Macroaxis
Check 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 state. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Asahi Pink Sheet
If you are still planning to invest in Asahi Kasei 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 Asahi Kasei's history and understand the potential risks before investing.
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