Softbank Group Pink Sheet Forecast - Simple Regression

SFTBF Stock  USD 61.01  1.52  2.43%   
The Simple Regression forecasted value of Softbank Group Corp on the next trading day is expected to be 62.70 with a mean absolute deviation of 1.89 and the sum of the absolute errors of 116.90. Softbank Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Softbank Group'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 Softbank Group 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.

Softbank Group Simple Regression Price Forecast For the 14th of February 2025

Given 90 days horizon, the Simple Regression forecasted value of Softbank Group Corp on the next trading day is expected to be 62.70 with a mean absolute deviation of 1.89, mean absolute percentage error of 6.21, and the sum of the absolute errors of 116.90.
Please note that although there have been many attempts to predict Softbank 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 Softbank Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Softbank Group Pink Sheet Forecast Pattern

JavaScript chart by amCharts 3.21.15Nov 21Dec 2Dec 10Dec 18Dec 27Jan 7Jan 16Jan 27Feb 4Feb 12556065
JavaScript chart by amCharts 3.21.15Softbank Group Corp Softbank Group Corp forecast
Backtest Softbank GroupSoftbank Group Price PredictionBuy or Sell Advice 

Softbank Group Forecasted Value

In the context of forecasting Softbank Group'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. Softbank Group's downside and upside margins for the forecasting period are 59.02 and 66.38, respectively. We have considered Softbank Group'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
61.01
62.70
Expected Value
66.38
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 Softbank Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent Softbank Group 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 Criteria121.7738
BiasArithmetic mean of the errors None
MADMean absolute deviation1.8855
MAPEMean absolute percentage error0.0314
SAESum of the absolute errors116.8993
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 Softbank Group Corp 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 Softbank Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Softbank Group Corp. 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
57.3361.0164.69
Details
Intrinsic
Valuation
LowRealHigh
47.6551.3367.11
Details
Bollinger
Band Projection (param)
LowMiddleHigh
55.5961.9268.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Softbank Group. Your research has to be compared to or analyzed against Softbank Group's peers to derive any actionable benefits. When done correctly, Softbank Group'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 Softbank Group Corp.

Other Forecasting Options for Softbank Group

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

View Softbank Group Related Equities

 Risk & Return  Correlation

Softbank Group Corp 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 Softbank Group'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 Softbank Group's current price.

Softbank Group Market Strength Events

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

Softbank Group Risk Indicators

The analysis of Softbank Group'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 Softbank Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting softbank 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

Other Information on Investing in Softbank Pink Sheet

Softbank Group financial ratios help investors to determine whether Softbank 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 Softbank with respect to the benefits of owning Softbank Group security.

Trending Assets

TLSNF
Telia Company
0.00  0.00  0.00 
TDS
Telephone and Data
38.37  0.93  2.48 
AAFRF
Airtel Africa Plc
1.80  -0.16  -8.16 
AARTY
Airtel Africa Plc
15.07  0.00  0.00 
News Freq…Investor S…