Sony Corp Pink Sheet Forecast - Simple Regression

SNEJF Stock  USD 20.73  0.73  3.65%   
The Simple Regression forecasted value of Sony Corp on the next trading day is expected to be 12.24 with a mean absolute deviation of 10.17 and the sum of the absolute errors of 630.39. Sony Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sony Corp'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 Sony Corp 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.

Sony Corp Simple Regression Price Forecast For the 29th of November

Given 90 days horizon, the Simple Regression forecasted value of Sony Corp on the next trading day is expected to be 12.24 with a mean absolute deviation of 10.17, mean absolute percentage error of 315.10, and the sum of the absolute errors of 630.39.
Please note that although there have been many attempts to predict Sony 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 Sony Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sony Corp Pink Sheet Forecast Pattern

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Sony Corp Forecasted Value

In the context of forecasting Sony Corp'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. Sony Corp's downside and upside margins for the forecasting period are 0.21 and 103.64, respectively. We have considered Sony Corp'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
20.73
12.24
Expected Value
103.64
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 Sony Corp pink sheet data series using in forecasting. Note that when a statistical model is used to represent Sony Corp 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 Criteria125.7013
BiasArithmetic mean of the errors None
MADMean absolute deviation10.1676
MAPEMean absolute percentage error0.372
SAESum of the absolute errors630.3882
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 Sony 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 Sony Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sony 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
1.0420.732,094
Details
Intrinsic
Valuation
LowRealHigh
1.0019.902,093
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.2919.0820.86
Details

Other Forecasting Options for Sony Corp

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

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

Sony 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 Sony Corp'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 Sony Corp's current price.

Sony Corp Market Strength Events

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

Sony Corp Risk Indicators

The analysis of Sony Corp'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 Sony Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sony 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 Sony Pink Sheet

Sony Corp financial ratios help investors to determine whether Sony 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 Sony with respect to the benefits of owning Sony Corp security.