Business Development Pink Sheet Forecast - Polynomial Regression

BDVC Stock  USD 10.01  0.00  0.00%   
The Polynomial Regression forecasted value of Business Development Corp on the next trading day is expected to be 10.09 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.72. Business Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Business Development stock prices and determine the direction of Business Development Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Business Development's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Business Development polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Business Development Corp as well as the accuracy indicators are determined from the period prices.

Business Development Polynomial Regression Price Forecast For the 15th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Business Development Corp on the next trading day is expected to be 10.09 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.02, and the sum of the absolute errors of 4.72.
Please note that although there have been many attempts to predict Business 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 Business Development's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Business Development Pink Sheet Forecast Pattern

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Business Development Forecasted Value

In the context of forecasting Business Development'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. Business Development's downside and upside margins for the forecasting period are 9.24 and 10.94, respectively. We have considered Business Development'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
10.01
10.09
Expected Value
10.94
Upside

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 Business Development pink sheet data series using in forecasting. Note that when a statistical model is used to represent Business Development 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 Criteria113.9621
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0774
MAPEMean absolute percentage error0.0078
SAESum of the absolute errors4.721
A single variable polynomial regression model attempts to put a curve through the Business Development 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 Business Development

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Business Development 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 Business Development'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
9.1610.0110.86
Details
Intrinsic
Valuation
LowRealHigh
9.099.9410.79
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.0010.0110.02
Details

Other Forecasting Options for Business Development

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

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

Business Development 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 Business Development'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 Business Development's current price.

Business Development Market Strength Events

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

Business Development Risk Indicators

The analysis of Business Development'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 Business Development's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting business 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.

Also Currently Popular

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.

Other Information on Investing in Business Pink Sheet

Business Development financial ratios help investors to determine whether Business 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 Business with respect to the benefits of owning Business Development security.