Demant AS Pink Sheet Forecast - 20 Period Moving Average
| WILYY Stock | USD 18.77 0.60 3.10% |
The 20 Period Moving Average forecasted value of Demant AS ADR on the next trading day is expected to be 19.00 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 11.65. Demant Pink Sheet Forecast is based on your current time horizon.
Demant |
Demant AS 20 Period Moving Average Price Forecast For the 13th of December 2024
Given 90 days horizon, the 20 Period Moving Average forecasted value of Demant AS ADR on the next trading day is expected to be 19.00 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.11, and the sum of the absolute errors of 11.65.Please note that although there have been many attempts to predict Demant 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 Demant AS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Demant AS Pink Sheet Forecast Pattern
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Demant AS Forecasted Value
In the context of forecasting Demant AS'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. Demant AS's downside and upside margins for the forecasting period are 18.20 and 19.80, respectively. We have considered Demant AS'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Demant AS pink sheet data series using in forecasting. Note that when a statistical model is used to represent Demant 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.| AIC | Akaike Information Criteria | 79.1236 |
| Bias | Arithmetic mean of the errors | 0.1555 |
| MAD | Mean absolute deviation | 0.2841 |
| MAPE | Mean absolute percentage error | 0.0149 |
| SAE | Sum of the absolute errors | 11.648 |
Predictive Modules for Demant 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 Demant AS ADR. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Demant AS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Demant AS
For every potential investor in Demant, whether a beginner or expert, Demant AS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Demant Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Demant. Basic forecasting techniques help filter out the noise by identifying Demant AS's price trends.View Demant AS Related Equities
| Risk & Return | Correlation |
Demant AS ADR 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 Demant AS'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 Demant AS's current price.| Cycle Indicators | ||
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| Volume Indicators |
Demant AS Market Strength Events
Market strength indicators help investors to evaluate how Demant 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 Demant AS shares will generate the highest return on investment. By undertsting and applying Demant AS pink sheet market strength indicators, traders can identify Demant AS ADR entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 18.77 | |||
| Day Typical Price | 18.77 | |||
| Price Action Indicator | (0.30) | |||
| Period Momentum Indicator | (0.60) |
Demant AS Risk Indicators
The analysis of Demant AS'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 Demant AS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting demant 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 | 0.3545 | |||
| Standard Deviation | 0.781 | |||
| Variance | 0.61 |
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.
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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 Demant Pink Sheet Analysis
When running Demant AS's price analysis, check to measure Demant AS'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 Demant AS is operating at the current time. Most of Demant AS's value examination focuses on studying past and present price action to predict the probability of Demant AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Demant AS's price. Additionally, you may evaluate how the addition of Demant AS to your portfolios can decrease your overall portfolio volatility.