Federal National Pink Sheet Forecast - Simple Regression

FNMFO Stock  USD 33,000  1,900  6.11%   
The Simple Regression forecasted value of Federal National Mortgage on the next trading day is expected to be 27,950 with a mean absolute deviation of 3,014 and the sum of the absolute errors of 183,869. Federal Pink Sheet Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Federal National 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.

Federal National Simple Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Simple Regression forecasted value of Federal National Mortgage on the next trading day is expected to be 27,950 with a mean absolute deviation of 3,014, mean absolute percentage error of 14,790,290, and the sum of the absolute errors of 183,869.
Please note that although there have been many attempts to predict Federal 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 Federal National's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Federal National Pink Sheet Forecast Pattern

Backtest Federal NationalFederal National Price PredictionBuy or Sell Advice 

Federal National Forecasted Value

In the context of forecasting Federal National'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. Federal National's downside and upside margins for the forecasting period are 27,936 and 27,964, respectively. We have considered Federal National'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
33,000
27,936
Downside
27,950
Expected Value
27,964
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 Federal National pink sheet data series using in forecasting. Note that when a statistical model is used to represent Federal National 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 Criteria134.62
BiasArithmetic mean of the errors None
MADMean absolute deviation3014.251
MAPEMean absolute percentage error0.182
SAESum of the absolute errors183869.3104
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 Federal National Mortgage 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 Federal National

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Federal National Mortgage. 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
32,98633,00033,014
Details
Intrinsic
Valuation
LowRealHigh
23,03323,04836,300
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10,45824,19637,934
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Federal National. Your research has to be compared to or analyzed against Federal National's peers to derive any actionable benefits. When done correctly, Federal National's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Federal National Mortgage.

Other Forecasting Options for Federal National

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

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

Federal National Mortgage 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 Federal National'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 Federal National's current price.

Federal National Market Strength Events

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

Federal National Risk Indicators

The analysis of Federal National'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 Federal National's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting federal 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.

Pair Trading with Federal National

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 Federal National 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 Federal National will appreciate offsetting losses from the drop in the long position's value.

Moving together with Federal Pink Sheet

  0.94FMCCT Federal Home LoanPairCorr
  0.68COOP Mr Cooper GroupPairCorr

Moving against Federal Pink Sheet

  0.87PPERY Bank Mandiri PerseroPairCorr
  0.85BKRKY Bank RakyatPairCorr
  0.84TLK Telkom Indonesia TbkPairCorr
  0.83RKT Rocket CompaniesPairCorr
  0.81PBCRY Bank Central AsiaPairCorr
The ability to find closely correlated positions to Federal National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federal National 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 Federal National - 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 Federal National Mortgage to buy it.
The correlation of Federal National 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 Federal National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federal National Mortgage 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 Federal National 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Federal Pink Sheet

Federal National financial ratios help investors to determine whether Federal 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 Federal with respect to the benefits of owning Federal National security.