Jardine Matheson Pink Sheet Forecast - Simple Regression

JARLF Stock  USD 41.14  0.31  0.76%   
The Simple Regression forecasted value of Jardine Matheson Holdings on the next trading day is expected to be 41.29 with a mean absolute deviation of 1.33 and the sum of the absolute errors of 81.03. Jardine Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Jardine Matheson's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Jardine Matheson price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Jardine Matheson Simple Regression Price Forecast For the 1st of December

Given 90 days horizon, the Simple Regression forecasted value of Jardine Matheson Holdings on the next trading day is expected to be 41.29 with a mean absolute deviation of 1.33, mean absolute percentage error of 2.43, and the sum of the absolute errors of 81.03.
Please note that although there have been many attempts to predict Jardine 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 Jardine Matheson's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jardine Matheson Pink Sheet Forecast Pattern

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Jardine Matheson Forecasted Value

In the context of forecasting Jardine Matheson's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Jardine Matheson's downside and upside margins for the forecasting period are 38.64 and 43.93, respectively. We have considered Jardine Matheson's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
41.14
41.29
Expected Value
43.93
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Jardine Matheson pink sheet data series using in forecasting. Note that when a statistical model is used to represent Jardine Matheson 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 Criteria118.9987
BiasArithmetic mean of the errors None
MADMean absolute deviation1.3284
MAPEMean absolute percentage error0.0347
SAESum of the absolute errors81.0327
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Jardine Matheson Holdings historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Jardine Matheson

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jardine Matheson Holdings. 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
38.5041.1443.78
Details
Intrinsic
Valuation
LowRealHigh
37.3940.0342.67
Details
Bollinger
Band Projection (param)
LowMiddleHigh
38.6141.0743.54
Details

Other Forecasting Options for Jardine Matheson

For every potential investor in Jardine, whether a beginner or expert, Jardine Matheson's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jardine Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jardine. Basic forecasting techniques help filter out the noise by identifying Jardine Matheson's price trends.

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

Jardine Matheson Holdings Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Jardine Matheson's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Jardine Matheson's current price.

Jardine Matheson Market Strength Events

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

Jardine Matheson Risk Indicators

The analysis of Jardine Matheson'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 Jardine Matheson's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jardine 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.

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Other Information on Investing in Jardine Pink Sheet

Jardine Matheson financial ratios help investors to determine whether Jardine 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 Jardine with respect to the benefits of owning Jardine Matheson security.