Wuhan General Pink Sheet Forecast - Polynomial Regression
WUHNDelisted Stock | USD 0.0004 0.00 0.00% |
The Polynomial Regression forecasted value of Wuhan General Gr on the next trading day is expected to be 0 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.10. Wuhan Pink Sheet Forecast is based on your current time horizon.
Wuhan |
Wuhan General Polynomial Regression Price Forecast For the 29th of December
Given 90 days horizon, the Polynomial Regression forecasted value of Wuhan General Gr on the next trading day is expected to be 0 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000726, and the sum of the absolute errors of 0.10.Please note that although there have been many attempts to predict Wuhan 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 Wuhan General's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wuhan General Pink Sheet Forecast Pattern
Backtest Wuhan General | Wuhan General Price Prediction | Buy or Sell Advice |
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 Wuhan General pink sheet data series using in forecasting. Note that when a statistical model is used to represent Wuhan General 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 | 106.2772 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0017 |
MAPE | Mean absolute percentage error | 1.8303 |
SAE | Sum of the absolute errors | 0.1039 |
Predictive Modules for Wuhan General
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wuhan General Gr. 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.View Wuhan General Related Equities
Risk & Return | Correlation |
Wuhan General Market Strength Events
Market strength indicators help investors to evaluate how Wuhan General 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 Wuhan General shares will generate the highest return on investment. By undertsting and applying Wuhan General pink sheet market strength indicators, traders can identify Wuhan General Gr entry and exit signals to maximize returns.
Rate Of Daily Change | 1.0 | |||
Day Median Price | 4.0E-4 | |||
Day Typical Price | 4.0E-4 |
Wuhan General Risk Indicators
The analysis of Wuhan General'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 Wuhan General's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wuhan 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 | 42.23 | |||
Standard Deviation | 154.93 | |||
Variance | 24003.67 |
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.
Pair Trading with Wuhan General
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wuhan General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wuhan General will appreciate offsetting losses from the drop in the long position's value.Moving together with Wuhan Pink Sheet
Moving against Wuhan Pink Sheet
0.72 | INIS | International Isotopes | PairCorr |
0.54 | ELTP | Elite Pharma | PairCorr |
0.45 | YCBD-PA | cbdMD Inc | PairCorr |
0.38 | VAXX | Vaxxinity | PairCorr |
The ability to find closely correlated positions to Wuhan General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wuhan General when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wuhan General - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wuhan General Gr to buy it.
The correlation of Wuhan General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wuhan General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wuhan General Gr moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wuhan General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist 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 rate. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Wuhan Pink Sheet
If you are still planning to invest in Wuhan General Gr 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 Wuhan General's history and understand the potential risks before investing.
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