Stelco Holdings Pink Sheet Forecast - Polynomial Regression
| STZHFDelisted Stock | USD 49.41 0.00 0.00% |
The Polynomial Regression forecasted value of Stelco Holdings on the next trading day is expected to be 49.13 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 24.76. Stelco Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Stelco Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Stelco |
Stelco Holdings Polynomial Regression Price Forecast For the 16th of December 2024
Given 90 days horizon, the Polynomial Regression forecasted value of Stelco Holdings on the next trading day is expected to be 49.13 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.26, and the sum of the absolute errors of 24.76.Please note that although there have been many attempts to predict Stelco 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 Stelco Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stelco Holdings Pink Sheet Forecast Pattern
| Backtest Stelco Holdings | Stelco Holdings Price Prediction | Buy or Sell Advice |
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 Stelco Holdings pink sheet data series using in forecasting. Note that when a statistical model is used to represent Stelco Holdings 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.| AIC | Akaike Information Criteria | 116.7732 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4059 |
| MAPE | Mean absolute percentage error | 0.0084 |
| SAE | Sum of the absolute errors | 24.7579 |
Predictive Modules for Stelco Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stelco Holdings. 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.View Stelco Holdings Related Equities
| Risk & Return | Correlation |
Stelco Holdings Market Strength Events
Market strength indicators help investors to evaluate how Stelco Holdings 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 Stelco Holdings shares will generate the highest return on investment. By undertsting and applying Stelco Holdings pink sheet market strength indicators, traders can identify Stelco Holdings entry and exit signals to maximize returns.
Stelco Holdings Risk Indicators
The analysis of Stelco Holdings' 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 Stelco Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stelco 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.
| Mean Deviation | 0.4922 | |||
| Semi Deviation | 0.486 | |||
| Standard Deviation | 0.7348 | |||
| Variance | 0.54 | |||
| Downside Variance | 0.7586 | |||
| Semi Variance | 0.2362 | |||
| Expected Short fall | (0.79) |
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
Check out World Market Map 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 rate. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Stelco Pink Sheet
If you are still planning to invest in Stelco Holdings 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 Stelco Holdings' history and understand the potential risks before investing.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |