Flutter Entertainment Pink Sheet Forecast - Naive Prediction

PDYPFDelisted Stock  USD 197.38  5.27  2.74%   
The Naive Prediction forecasted value of Flutter Entertainment Plc on the next trading day is expected to be 198.12 with a mean absolute deviation of 3.37 and the sum of the absolute errors of 205.87. Flutter Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Flutter Entertainment's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Flutter Entertainment is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Flutter Entertainment Plc 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.

Flutter Entertainment Naive Prediction Price Forecast For the 30th of December

Given 90 days horizon, the Naive Prediction forecasted value of Flutter Entertainment Plc on the next trading day is expected to be 198.12 with a mean absolute deviation of 3.37, mean absolute percentage error of 18.45, and the sum of the absolute errors of 205.87.
Please note that although there have been many attempts to predict Flutter 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 Flutter Entertainment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Flutter Entertainment 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 Flutter Entertainment pink sheet data series using in forecasting. Note that when a statistical model is used to represent Flutter 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 Criteria121.0257
BiasArithmetic mean of the errors None
MADMean absolute deviation3.3749
MAPEMean absolute percentage error0.0171
SAESum of the absolute errors205.8671
This model is not at all useful as a medium-long range forecasting tool of Flutter Entertainment Plc. 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 Flutter Entertainment. 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 Flutter 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 Flutter Entertainment Plc. 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
197.38197.38197.38
Details
Intrinsic
Valuation
LowRealHigh
167.65167.65217.12
Details

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 Risk & Return  Correlation

Flutter Entertainment Market Strength Events

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

Flutter Entertainment Risk Indicators

The analysis of Flutter 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 Flutter Entertainment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting flutter 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 Your Equity Center 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 american community survey.
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Other Consideration for investing in Flutter Pink Sheet

If you are still planning to invest in Flutter Entertainment Plc 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 Flutter Entertainment's history and understand the potential risks before investing.
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