SimCorp AS Pink Sheet Forecast - Polynomial Regression

SICRFDelisted Stock  USD 105.00  0.00  0.00%   
The Polynomial Regression forecasted value of SimCorp AS on the next trading day is expected to be 108.36 with a mean absolute deviation of 2.32 and the sum of the absolute errors of 141.56. SimCorp Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of SimCorp AS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
SimCorp AS polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for SimCorp AS as well as the accuracy indicators are determined from the period prices.

SimCorp AS Polynomial Regression Price Forecast For the 31st of December

Given 90 days horizon, the Polynomial Regression forecasted value of SimCorp AS on the next trading day is expected to be 108.36 with a mean absolute deviation of 2.32, mean absolute percentage error of 16.80, and the sum of the absolute errors of 141.56.
Please note that although there have been many attempts to predict SimCorp 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 SimCorp AS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SimCorp AS Pink Sheet Forecast Pattern

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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 SimCorp AS pink sheet data series using in forecasting. Note that when a statistical model is used to represent SimCorp AS 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 Criteria120.9318
BiasArithmetic mean of the errors None
MADMean absolute deviation2.3206
MAPEMean absolute percentage error0.0237
SAESum of the absolute errors141.5563
A single variable polynomial regression model attempts to put a curve through the SimCorp AS 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 SimCorp AS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SimCorp AS. 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
105.00105.00105.00
Details
Intrinsic
Valuation
LowRealHigh
83.5783.57115.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
105.00105.00105.00
Details

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

SimCorp AS Market Strength Events

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

Currently Active Assets on Macroaxis

Check out World Market Map 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 metropolitan statistical area.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Consideration for investing in SimCorp Pink Sheet

If you are still planning to invest in SimCorp AS 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 SimCorp AS's history and understand the potential risks before investing.
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