Body Pink Sheet Forecast - Naive Prediction
| BMMJ Stock | USD 0.01 0 13.33% |
The Naive Prediction forecasted value of Body and Mind on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.12. Body Pink Sheet Forecast is based on your current time horizon.
Body |
Body Naive Prediction Price Forecast For the 3rd of March
Given 90 days horizon, the Naive Prediction forecasted value of Body and Mind on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000607, and the sum of the absolute errors of 0.12.Please note that although there have been many attempts to predict Body 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 Body's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Body Pink Sheet Forecast Pattern
| Backtest Body | Body 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 Body pink sheet data series using in forecasting. Note that when a statistical model is used to represent Body 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 | 106.0978 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0019 |
| MAPE | Mean absolute percentage error | 0.1565 |
| SAE | Sum of the absolute errors | 0.1164 |
Predictive Modules for Body
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Body and Mind. 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.View Body Related Equities
| Risk & Return | Correlation |
Body Market Strength Events
Market strength indicators help investors to evaluate how Body 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 Body shares will generate the highest return on investment. By undertsting and applying Body pink sheet market strength indicators, traders can identify Body and Mind entry and exit signals to maximize returns.
Body Risk Indicators
The analysis of Body'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 Body's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting body 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 | 16.72 | |||
| Semi Deviation | 19.48 | |||
| Standard Deviation | 23.63 | |||
| Variance | 558.56 | |||
| Downside Variance | 459.37 | |||
| Semi Variance | 379.38 | |||
| Expected Short fall | (17.97) |
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.
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Body financial ratios help investors to determine whether Body Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Body with respect to the benefits of owning Body security.