Nikon Pink Sheet Forecast - Polynomial Regression
| NINOFDelisted Stock | USD 10.41 0.21 2.06% |
The Polynomial Regression forecasted value of Nikon on the next trading day is expected to be 11.13 with a mean absolute deviation of 0.60 and the sum of the absolute errors of 27.64. Nikon Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Nikon's historical fundamentals, such as revenue growth or operating cash flow patterns.
Nikon |
Nikon Polynomial Regression Price Forecast For the 14th of December 2024
Given 90 days horizon, the Polynomial Regression forecasted value of Nikon on the next trading day is expected to be 11.13 with a mean absolute deviation of 0.60, mean absolute percentage error of 0.64, and the sum of the absolute errors of 27.64.Please note that although there have been many attempts to predict Nikon 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 Nikon's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nikon Pink Sheet Forecast Pattern
| Backtest Nikon | Nikon Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Nikon pink sheet data series using in forecasting. Note that when a statistical model is used to represent Nikon 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 | 90.0992 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.601 |
| MAPE | Mean absolute percentage error | 0.0572 |
| SAE | Sum of the absolute errors | 27.6448 |
Predictive Modules for Nikon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nikon. 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 Nikon Related Equities
| Risk & Return | Correlation |
Nikon Market Strength Events
Market strength indicators help investors to evaluate how Nikon 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 Nikon shares will generate the highest return on investment. By undertsting and applying Nikon pink sheet market strength indicators, traders can identify Nikon entry and exit signals to maximize returns.
Nikon Risk Indicators
The analysis of Nikon'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 Nikon's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nikon 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 | 4.21 | |||
| Semi Deviation | 4.43 | |||
| Standard Deviation | 6.42 | |||
| Variance | 41.21 | |||
| Downside Variance | 39.23 | |||
| Semi Variance | 19.6 | |||
| Expected Short fall | (5.59) |
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 Correlation 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 persons. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Nikon Pink Sheet
If you are still planning to invest in Nikon 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 Nikon's history and understand the potential risks before investing.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| CEOs Directory Screen CEOs from public companies around the world |