Beach Energy Pink Sheet Forecast - Naive Prediction
| BCHEYDelisted Stock | USD 15.95 0.00 0.00% |
The Naive Prediction forecasted value of Beach Energy on the next trading day is expected to be 15.93 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.88. Beach Pink Sheet Forecast is based on your current time horizon.
Beach |
Beach Energy Naive Prediction Price Forecast For the 15th of March 2025
Given 90 days horizon, the Naive Prediction forecasted value of Beach Energy on the next trading day is expected to be 15.93 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.03, and the sum of the absolute errors of 2.88.Please note that although there have been many attempts to predict Beach 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 Beach Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Beach Energy Pink Sheet Forecast Pattern
| Backtest Beach Energy | Beach Energy 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 Beach Energy pink sheet data series using in forecasting. Note that when a statistical model is used to represent Beach Energy 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 | 114.5637 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0472 |
| MAPE | Mean absolute percentage error | 0.0029 |
| SAE | Sum of the absolute errors | 2.877 |
Predictive Modules for Beach Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Beach Energy. 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 Beach Energy'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.
Beach Energy 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 Beach Energy pink sheet to make a market-neutral strategy. Peer analysis of Beach Energy could also be used in its relative valuation, which is a method of valuing Beach Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Beach Energy Market Strength Events
Market strength indicators help investors to evaluate how Beach Energy 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 Beach Energy shares will generate the highest return on investment. By undertsting and applying Beach Energy pink sheet market strength indicators, traders can identify Beach Energy entry and exit signals to maximize returns.
Beach Energy Risk Indicators
The analysis of Beach Energy'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 Beach Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting beach 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 | 0.2562 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.04 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 income. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Beach Pink Sheet
If you are still planning to invest in Beach Energy 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 Beach Energy's history and understand the potential risks before investing.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |