Raiffeisen Bank Pink Sheet Forecast - Polynomial Regression

RAIFY Stock  USD 5.10  0.05  0.97%   
The Polynomial Regression forecasted value of Raiffeisen Bank International on the next trading day is expected to be 5.28 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 11.91. Raiffeisen Pink Sheet Forecast is based on your current time horizon.
  
Raiffeisen Bank polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Raiffeisen Bank International as well as the accuracy indicators are determined from the period prices.

Raiffeisen Bank Polynomial Regression Price Forecast For the 20th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Raiffeisen Bank International on the next trading day is expected to be 5.28 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.91.
Please note that although there have been many attempts to predict Raiffeisen 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 Raiffeisen Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Raiffeisen Bank Pink Sheet Forecast Pattern

Backtest Raiffeisen BankRaiffeisen Bank Price PredictionBuy or Sell Advice 

Raiffeisen Bank Forecasted Value

In the context of forecasting Raiffeisen Bank'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. Raiffeisen Bank's downside and upside margins for the forecasting period are 1.78 and 8.78, respectively. We have considered Raiffeisen Bank'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
5.10
5.28
Expected Value
8.78
Upside

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 Raiffeisen Bank pink sheet data series using in forecasting. Note that when a statistical model is used to represent Raiffeisen Bank 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 Criteria115.1976
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1952
MAPEMean absolute percentage error0.0416
SAESum of the absolute errors11.9052
A single variable polynomial regression model attempts to put a curve through the Raiffeisen Bank historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Raiffeisen Bank

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Raiffeisen Bank Inte. 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
1.605.108.60
Details
Intrinsic
Valuation
LowRealHigh
0.654.157.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Raiffeisen Bank. Your research has to be compared to or analyzed against Raiffeisen Bank's peers to derive any actionable benefits. When done correctly, Raiffeisen Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Raiffeisen Bank Inte.

Other Forecasting Options for Raiffeisen Bank

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

View Raiffeisen Bank Related Equities

 Risk & Return  Correlation

Raiffeisen Bank Inte 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 Raiffeisen Bank'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 Raiffeisen Bank's current price.

Raiffeisen Bank Market Strength Events

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

Raiffeisen Bank Risk Indicators

The analysis of Raiffeisen Bank'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 Raiffeisen Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting raiffeisen 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.

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.

Additional Tools for Raiffeisen Pink Sheet Analysis

When running Raiffeisen Bank's price analysis, check to measure Raiffeisen Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raiffeisen Bank is operating at the current time. Most of Raiffeisen Bank's value examination focuses on studying past and present price action to predict the probability of Raiffeisen Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raiffeisen Bank's price. Additionally, you may evaluate how the addition of Raiffeisen Bank to your portfolios can decrease your overall portfolio volatility.