Betmakers Technology Pink Sheet Forecast - Naive Prediction

TPBTF Stock  USD 0.05  0.00  0.00%   
The Naive Prediction forecasted value of Betmakers Technology Group on the next trading day is expected to be 0.05 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Betmakers Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Betmakers Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Betmakers Technology is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Betmakers Technology Group 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.

Betmakers Technology Naive Prediction Price Forecast For the 6th of December

Given 90 days horizon, the Naive Prediction forecasted value of Betmakers Technology Group on the next trading day is expected to be 0.05 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Betmakers 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 Betmakers Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Betmakers Technology Pink Sheet Forecast Pattern

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Betmakers Technology Forecasted Value

In the context of forecasting Betmakers Technology'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. Betmakers Technology's downside and upside margins for the forecasting period are 0.05 and 0.05, respectively. We have considered Betmakers Technology'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
0.05
0.05
Expected Value
0.05
Upside

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 Betmakers Technology pink sheet data series using in forecasting. Note that when a statistical model is used to represent Betmakers Technology 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 Criteria45.3929
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Betmakers Technology Group. 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 Betmakers Technology. 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 Betmakers Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Betmakers Technology. 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 Betmakers Technology'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
0.050.050.06
Details
Intrinsic
Valuation
LowRealHigh
0.040.040.06
Details

Other Forecasting Options for Betmakers Technology

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

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

Betmakers Technology 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 Betmakers Technology'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 Betmakers Technology's current price.

Betmakers Technology Market Strength Events

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

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Other Information on Investing in Betmakers Pink Sheet

Betmakers Technology financial ratios help investors to determine whether Betmakers 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 Betmakers with respect to the benefits of owning Betmakers Technology security.