Bynordic Acquisition Pink Sheet Forecast - Double Exponential Smoothing
| BYNOUDelisted Stock | USD 11.59 0.00 0.00% |
The Double Exponential Smoothing forecasted value of Bynordic Acquisition Corp on the next trading day is expected to be 11.59 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.39. Bynordic Pink Sheet Forecast is based on your current time horizon.
Bynordic |
Bynordic Acquisition Double Exponential Smoothing Price Forecast For the 27th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Bynordic Acquisition Corp on the next trading day is expected to be 11.59 with a mean absolute deviation of 0.01, mean absolute percentage error of 0, and the sum of the absolute errors of 0.39.Please note that although there have been many attempts to predict Bynordic 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 Bynordic Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bynordic Acquisition Pink Sheet Forecast Pattern
| Backtest Bynordic Acquisition | Bynordic Acquisition Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Bynordic Acquisition pink sheet data series using in forecasting. Note that when a statistical model is used to represent Bynordic 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0046 |
| MAD | Mean absolute deviation | 0.0066 |
| MAPE | Mean absolute percentage error | 6.0E-4 |
| SAE | Sum of the absolute errors | 0.39 |
Predictive Modules for Bynordic 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 Bynordic 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.Bynordic 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 Bynordic Acquisition pink sheet to make a market-neutral strategy. Peer analysis of Bynordic Acquisition could also be used in its relative valuation, which is a method of valuing Bynordic Acquisition by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bynordic Acquisition Market Strength Events
Market strength indicators help investors to evaluate how Bynordic 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 Bynordic Acquisition shares will generate the highest return on investment. By undertsting and applying Bynordic Acquisition pink sheet market strength indicators, traders can identify Bynordic Acquisition Corp entry and exit signals to maximize returns.
Bynordic Acquisition Risk Indicators
The analysis of Bynordic 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 Bynordic Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bynordic 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 | 0.0848 | |||
| Standard Deviation | 0.266 | |||
| Variance | 0.0707 |
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
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 persons. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Bynordic Pink Sheet
If you are still planning to invest in Bynordic 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 Bynordic Acquisition's history and understand the potential risks before investing.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |