Skydeck Acquisition Pink Sheet Forecast - Naive Prediction

SKYAUDelisted Stock  USD 10.10  0.00  0.00%   
The Naive Prediction forecasted value of Skydeck Acquisition Corp on the next trading day is expected to be 10.13 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.05. Skydeck Pink Sheet Forecast is based on your current time horizon.
  
A naive forecasting model for Skydeck Acquisition is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Skydeck Acquisition Corp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Skydeck Acquisition Naive Prediction Price Forecast For the 26th of November

Given 90 days horizon, the Naive Prediction forecasted value of Skydeck Acquisition Corp on the next trading day is expected to be 10.13 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.05.
Please note that although there have been many attempts to predict Skydeck 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 Skydeck Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Skydeck Acquisition Pink Sheet Forecast Pattern

Backtest Skydeck AcquisitionSkydeck Acquisition Price PredictionBuy 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 Skydeck Acquisition pink sheet data series using in forecasting. Note that when a statistical model is used to represent Skydeck Acquisition 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.
AICAkaike Information Criteria111.7782
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0336
MAPEMean absolute percentage error0.0033
SAESum of the absolute errors2.05
This model is not at all useful as a medium-long range forecasting tool of Skydeck Acquisition Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Skydeck Acquisition. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Skydeck Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Skydeck Acquisition Corp. 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.
Hype
Prediction
LowEstimatedHigh
10.1010.1010.10
Details
Intrinsic
Valuation
LowRealHigh
8.638.6311.11
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.1010.1010.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Skydeck Acquisition. Your research has to be compared to or analyzed against Skydeck Acquisition's peers to derive any actionable benefits. When done correctly, Skydeck Acquisition's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Skydeck Acquisition Corp.

Skydeck Acquisition 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 Skydeck Acquisition pink sheet to make a market-neutral strategy. Peer analysis of Skydeck Acquisition could also be used in its relative valuation, which is a method of valuing Skydeck Acquisition by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Skydeck Acquisition Market Strength Events

Market strength indicators help investors to evaluate how Skydeck Acquisition 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 Skydeck Acquisition shares will generate the highest return on investment. By undertsting and applying Skydeck Acquisition pink sheet market strength indicators, traders can identify Skydeck Acquisition Corp entry and exit signals to maximize returns.

Skydeck Acquisition Risk Indicators

The analysis of Skydeck Acquisition'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 Skydeck Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skydeck 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.
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
Check out World Market Map 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 nation.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Skydeck Pink Sheet

If you are still planning to invest in Skydeck Acquisition Corp 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 Skydeck Acquisition's history and understand the potential risks before investing.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
CEOs Directory
Screen CEOs from public companies around the world
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas