Applied UV Stock Forecast - Naive Prediction
| AUVIDelisted Stock | USD 0.01 0.00 0.00% |
The Naive Prediction forecasted value of Applied UV on the next trading day is expected to be 0.1 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.28. Applied Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Applied UV's historical fundamentals, such as revenue growth or operating cash flow patterns.
Applied |
Applied UV Naive Prediction Price Forecast For the 3rd of February
Given 90 days horizon, the Naive Prediction forecasted value of Applied UV on the next trading day is expected to be 0.1 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.28.Please note that although there have been many attempts to predict Applied 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 Applied UV's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Applied UV Stock Forecast Pattern
| Backtest Applied UV | Applied UV 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 Applied UV stock data series using in forecasting. Note that when a statistical model is used to represent Applied UV 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 | 112.2084 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0375 |
| MAPE | Mean absolute percentage error | 1.0308 |
| SAE | Sum of the absolute errors | 2.2849 |
Predictive Modules for Applied UV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Applied UV. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Applied UV'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.
Applied UV 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 Applied UV stock to make a market-neutral strategy. Peer analysis of Applied UV could also be used in its relative valuation, which is a method of valuing Applied UV by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Applied UV Market Strength Events
Market strength indicators help investors to evaluate how Applied UV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Applied UV shares will generate the highest return on investment. By undertsting and applying Applied UV stock market strength indicators, traders can identify Applied UV entry and exit signals to maximize returns.
Currently Active Assets on Macroaxis
| EBR | Centrais Electricas Brasileiras | |
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| VFC | VF Corporation | |
| BVHMF | Vistry Group PLC | |
| S | SentinelOne |
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 real. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Applied Stock
If you are still planning to invest in Applied UV 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 Applied UV's history and understand the potential risks before investing.
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