FansUnite Entertainment Pink Sheet Forecast - Simple Moving Average

FUNFF Stock  USD 0.0002  0.0002  50.00%   
The Simple Moving Average forecasted value of FansUnite Entertainment on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.0004 and the sum of the absolute errors of 0.02. FansUnite Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FansUnite Entertainment's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for FansUnite Entertainment is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

FansUnite Entertainment Simple Moving Average Price Forecast For the 15th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of FansUnite Entertainment on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.0004, mean absolute percentage error of 0.00000191, and the sum of the absolute errors of 0.02.
Please note that although there have been many attempts to predict FansUnite 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 FansUnite Entertainment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FansUnite Entertainment Pink Sheet Forecast Pattern

Backtest FansUnite EntertainmentFansUnite Entertainment Price PredictionBuy or Sell Advice 

FansUnite Entertainment Forecasted Value

In the context of forecasting FansUnite Entertainment'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. FansUnite Entertainment's downside and upside margins for the forecasting period are 0.000002 and 153.56, respectively. We have considered FansUnite Entertainment'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
0.0002
0.000002
Downside
0.0002
Expected Value
153.56
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of FansUnite Entertainment pink sheet data series using in forecasting. Note that when a statistical model is used to represent FansUnite Entertainment 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 Criteria101.2683
BiasArithmetic mean of the errors None
MADMean absolute deviation4.0E-4
MAPEMean absolute percentage error0.9606
SAESum of the absolute errors0.0244
The simple moving average model is conceptually a linear regression of the current value of FansUnite Entertainment price series against current and previous (unobserved) value of FansUnite Entertainment. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for FansUnite Entertainment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FansUnite Entertainment. 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
0.000.000250.01
Details
Intrinsic
Valuation
LowRealHigh
0.000.000250.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as FansUnite Entertainment. Your research has to be compared to or analyzed against FansUnite Entertainment's peers to derive any actionable benefits. When done correctly, FansUnite Entertainment'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 FansUnite Entertainment.

Other Forecasting Options for FansUnite Entertainment

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

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

FansUnite Entertainment 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 FansUnite Entertainment'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 FansUnite Entertainment's current price.

FansUnite Entertainment Market Strength Events

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

FansUnite Entertainment Risk Indicators

The analysis of FansUnite Entertainment'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 FansUnite Entertainment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fansunite 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.

Currently Active Assets on Macroaxis

Other Information on Investing in FansUnite Pink Sheet

FansUnite Entertainment financial ratios help investors to determine whether FansUnite 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 FansUnite with respect to the benefits of owning FansUnite Entertainment security.