Invesco Markets Pink Sheet Forecast - Naive Prediction

ITTSFDelisted Etf  USD 681.50  0.00  0.00%   
The Naive Prediction forecasted value of Invesco Markets Plc on the next trading day is expected to be 690.77 with a mean absolute deviation of 4.48 and the sum of the absolute errors of 273.51. Invesco Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Invesco Markets' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Invesco Markets is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Invesco Markets Plc 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.

Invesco Markets Naive Prediction Price Forecast For the 11th of January 2025

Given 90 days horizon, the Naive Prediction forecasted value of Invesco Markets Plc on the next trading day is expected to be 690.77 with a mean absolute deviation of 4.48, mean absolute percentage error of 48.76, and the sum of the absolute errors of 273.51.
Please note that although there have been many attempts to predict Invesco 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 Invesco Markets' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Invesco Markets Pink Sheet Forecast Pattern

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 Invesco Markets pink sheet data series using in forecasting. Note that when a statistical model is used to represent Invesco Markets 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 Criteria121.9975
BiasArithmetic mean of the errors None
MADMean absolute deviation4.4838
MAPEMean absolute percentage error0.007
SAESum of the absolute errors273.5111
This model is not at all useful as a medium-long range forecasting tool of Invesco Markets Plc. 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 Invesco Markets. 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 Invesco Markets

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Invesco Markets Plc. 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 Invesco Markets' 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.
Hype
Prediction
LowEstimatedHigh
681.18681.50681.82
Details
Intrinsic
Valuation
LowRealHigh
619.33619.65749.65
Details
Bollinger
Band Projection (param)
LowMiddleHigh
670.93676.08681.22
Details

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

Invesco Markets Market Strength Events

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

Invesco Markets Risk Indicators

The analysis of Invesco Markets' 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 Invesco Markets' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting invesco 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.

Currently Active Assets on Macroaxis

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 state.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Other Consideration for investing in Invesco Pink Sheet

If you are still planning to invest in Invesco Markets Plc 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 Invesco Markets' history and understand the potential risks before investing.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Transaction History
View history of all your transactions and understand their impact on performance
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.