FFD Financial Pink Sheet Forecast - Naive Prediction

FFDFDelisted Stock  USD 33.90  0.10  0.29%   
The Naive Prediction forecasted value of FFD Financial Corp on the next trading day is expected to be 31.93 with a mean absolute deviation of 0.54 and the sum of the absolute errors of 27.37. FFD Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FFD Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for FFD Financial is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of FFD Financial Corp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

FFD Financial Naive Prediction Price Forecast For the 15th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of FFD Financial Corp on the next trading day is expected to be 31.93 with a mean absolute deviation of 0.54, mean absolute percentage error of 0.40, and the sum of the absolute errors of 27.37.
Please note that although there have been many attempts to predict FFD 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 FFD Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FFD Financial Pink Sheet Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of FFD Financial pink sheet data series using in forecasting. Note that when a statistical model is used to represent FFD Financial 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 Criteria98.8123
BiasArithmetic mean of the errors None
MADMean absolute deviation0.5367
MAPEMean absolute percentage error0.0157
SAESum of the absolute errors27.3742
This model is not at all useful as a medium-long range forecasting tool of FFD Financial Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict FFD Financial. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for FFD Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FFD Financial 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FFD Financial'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.
Hype
Prediction
LowEstimatedHigh
33.9033.9033.90
Details
Intrinsic
Valuation
LowRealHigh
29.2729.2737.29
Details
Bollinger
Band Projection (param)
LowMiddleHigh
32.2334.3436.45
Details

View FFD Financial Related Equities

 Risk & Return  Correlation

FFD Financial Market Strength Events

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

FFD Financial Risk Indicators

The analysis of FFD Financial'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 FFD Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ffd 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.

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Check out Investing Opportunities 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 unemployment.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in FFD Pink Sheet

If you are still planning to invest in FFD Financial Corp 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 FFD Financial's history and understand the potential risks before investing.
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