Helios Pink Sheet Forecast - Naive Prediction

HMNYDelisted Stock  USD 0.0001  0.00  0.00%   
The Naive Prediction forecasted value of Helios and Matheson on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000012 and the sum of the absolute errors of 0.0004. Helios Pink Sheet Forecast is based on your current time horizon.
  
A naive forecasting model for Helios is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Helios and Matheson 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.

Helios Naive Prediction Price Forecast For the 6th of January

Given 90 days horizon, the Naive Prediction forecasted value of Helios and Matheson on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000012, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0004.
Please note that although there have been many attempts to predict Helios 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 Helios' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Helios Pink Sheet Forecast Pattern

Backtest HeliosHelios 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 Helios pink sheet data series using in forecasting. Note that when a statistical model is used to represent Helios 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 Criteria47.8684
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.082
SAESum of the absolute errors4.0E-4
This model is not at all useful as a medium-long range forecasting tool of Helios and Matheson. 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 Helios. 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 Helios

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Helios and Matheson. 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
0.000.00010.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0000950.00
Details

View Helios Related Equities

 Risk & Return  Correlation

Helios Market Strength Events

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

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 Risk vs Return Analysis 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 board of governors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Consideration for investing in Helios Pink Sheet

If you are still planning to invest in Helios and Matheson 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 Helios' history and understand the potential risks before investing.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Global Correlations
Find global opportunities by holding instruments from different markets
Commodity Directory
Find actively traded commodities issued by global exchanges