ASM International OTC Stock Forecast - Naive Prediction

ASMIYDelisted Stock  USD 350.02  6.50  1.82%   
The Naive Prediction forecasted value of ASM International NV on the next trading day is expected to be 322.10 with a mean absolute deviation of  9.81  and the sum of the absolute errors of 598.14. ASM OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ASM International stock prices and determine the direction of ASM International NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ASM International's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
  
Most investors in ASM International 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 ASM International's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ASM International's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for ASM International is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of ASM International NV 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.

ASM International Naive Prediction Price Forecast For the 29th of March

Given 90 days horizon, the Naive Prediction forecasted value of ASM International NV on the next trading day is expected to be 322.10 with a mean absolute deviation of 9.81, mean absolute percentage error of 136.12, and the sum of the absolute errors of 598.14.
Please note that although there have been many attempts to predict ASM OTC Stock 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 ASM International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ASM International OTC Stock Forecast Pattern

Backtest ASM InternationalASM International Price PredictionBuy or Sell Advice 

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 ASM International otc stock data series using in forecasting. Note that when a statistical model is used to represent ASM International otc stock, 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 Criteria123.024
BiasArithmetic mean of the errors None
MADMean absolute deviation9.8055
MAPEMean absolute percentage error0.0338
SAESum of the absolute errors598.1355
This model is not at all useful as a medium-long range forecasting tool of ASM International NV. 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 ASM International. 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 ASM International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASM International. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock 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 ASM International'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
350.02350.02350.02
Details
Intrinsic
Valuation
LowRealHigh
278.40278.40385.02
Details
Bollinger
Band Projection (param)
LowMiddleHigh
342.33354.22366.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ASM International. Your research has to be compared to or analyzed against ASM International's peers to derive any actionable benefits. When done correctly, ASM International'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 ASM International.

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

ASM International Market Strength Events

Market strength indicators help investors to evaluate how ASM International otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASM International shares will generate the highest return on investment. By undertsting and applying ASM International otc stock market strength indicators, traders can identify ASM International NV entry and exit signals to maximize returns.

ASM International Risk Indicators

The analysis of ASM International'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 ASM International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asm otc stock 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ASM International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ASM International's short interest history, or implied volatility extrapolated from ASM International options trading.

Pair Trading with ASM International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASM International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASM International will appreciate offsetting losses from the drop in the long position's value.

Moving together with ASM OTC Stock

  0.69ENTG Entegris Financial Report 9th of May 2024 PairCorr
  0.77NVMI Nova Financial Report 9th of May 2024 PairCorr
  0.64ONTO Onto Innovation Financial Report 2nd of May 2024 PairCorr

Moving against ASM OTC Stock

  0.72INTT InTest Financial Report 3rd of May 2024 PairCorr
  0.68AEHR Aehr Test Systems Upward RallyPairCorr
  0.63INDI Indie Semiconductor Financial Report 9th of May 2024 PairCorr
  0.63AMBA Ambarella Financial Report 4th of June 2024 PairCorr
  0.6IPGP IPG Photonics Financial Report 7th of May 2024 PairCorr
The ability to find closely correlated positions to ASM International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASM International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASM International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASM International NV to buy it.
The correlation of ASM International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASM International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASM International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASM International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Other Consideration for investing in ASM OTC Stock

If you are still planning to invest in ASM International 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 ASM International's history and understand the potential risks before investing.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Commodity Directory
Find actively traded commodities issued by global exchanges
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume