Nintendo Pink Sheet Forecast - Polynomial Regression
| NTDOF Stock | USD 49.45 0.46 0.94% |
The Polynomial Regression forecasted value of Nintendo Co on the next trading day is expected to be 47.24 with a mean absolute deviation of 0.79 and the sum of the absolute errors of 49.25. Nintendo Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nintendo stock prices and determine the direction of Nintendo Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nintendo's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Nintendo to cross-verify your projections. Nintendo |
Most investors in Nintendo cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Nintendo's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nintendo's price structures and extracts relationships that further increase the generated results' accuracy.
Nintendo polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Nintendo Co as well as the accuracy indicators are determined from the period prices. Nintendo Polynomial Regression Price Forecast For the 1st of May
Given 90 days horizon, the Polynomial Regression forecasted value of Nintendo Co on the next trading day is expected to be 47.24 with a mean absolute deviation of 0.79, mean absolute percentage error of 0.91, and the sum of the absolute errors of 49.25.Please note that although there have been many attempts to predict Nintendo 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 Nintendo's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nintendo Pink Sheet Forecast Pattern
| Backtest Nintendo | Nintendo Price Prediction | Buy or Sell Advice |
Nintendo Forecasted Value
In the context of forecasting Nintendo'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. Nintendo's downside and upside margins for the forecasting period are 45.75 and 48.74, respectively. We have considered Nintendo'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.
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 Nintendo pink sheet data series using in forecasting. Note that when a statistical model is used to represent Nintendo 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 | 119.8594 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.7944 |
| MAPE | Mean absolute percentage error | 0.0148 |
| SAE | Sum of the absolute errors | 49.2499 |
Predictive Modules for Nintendo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nintendo. 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 Nintendo'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.
Other Forecasting Options for Nintendo
For every potential investor in Nintendo, whether a beginner or expert, Nintendo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nintendo Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nintendo. Basic forecasting techniques help filter out the noise by identifying Nintendo's price trends.Nintendo 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 Nintendo pink sheet to make a market-neutral strategy. Peer analysis of Nintendo could also be used in its relative valuation, which is a method of valuing Nintendo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nintendo 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 Nintendo'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 Nintendo's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nintendo Market Strength Events
Market strength indicators help investors to evaluate how Nintendo 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 Nintendo shares will generate the highest return on investment. By undertsting and applying Nintendo pink sheet market strength indicators, traders can identify Nintendo Co entry and exit signals to maximize returns.
Nintendo Risk Indicators
The analysis of Nintendo'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 Nintendo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nintendo 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 | 1.11 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.27 |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Nintendo to cross-verify your projections. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Nintendo Pink Sheet analysis
When running Nintendo's price analysis, check to measure Nintendo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nintendo is operating at the current time. Most of Nintendo's value examination focuses on studying past and present price action to predict the probability of Nintendo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nintendo's price. Additionally, you may evaluate how the addition of Nintendo to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |