Netlist OTC Stock Forecast - Naive Prediction

NLST -  USA Stock  

USD 8.39  0.18  2.19%

Netlist OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Netlist historical stock prices and determine the direction of Netlist's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Netlist historical fundamentals such as revenue growth or operating cash flow patterns. Although Netlist naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Netlist systematic risk associated with finding meaningful patterns of Netlist fundamentals over time.
Additionally, see Historical Fundamental Analysis of Netlist to cross-verify your projections.

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Asset Turnover is likely to drop to 1.54 in 2021. Weighted Average Shares is likely to drop to about 124.9 M in 2021. Weighted Average Shares Diluted is likely to drop to about 124.9 M in 2021.

Open Interest Agains t null Netlist Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Netlist's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Netlist's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Netlist stock based on available contracts left at the end of a trading day.
No Open Interest
Please note, to derive more accurate forecasting about market movement from the current Netlist's open interest, investors have to compare it to Netlist's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Netlist is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Netlist. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Netlist 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 Netlist's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Netlist's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Netlist is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Netlist 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.

Netlist Naive Prediction Price Forecast For the 30th of July

Given 90 days horizon, the Naive Prediction forecasted value of Netlist on the next trading day is expected to be 7.05 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.09, and the sum of the absolute errors of 13.45. Please note that although there have been many attempts to predict Netlist 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 Netlist's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Netlist OTC Stock Forecast Pattern

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Netlist Forecasted Value

In the context of forecasting Netlist's OTC Stock 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. Netlist's downside and upside margins for the forecasting period are 0.35 and 13.74, respectively. We have considered Netlist'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
8.39
29th of July 2021
7.05
Expected Value
13.74
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 Netlist otc stock data series using in forecasting. Note that when a statistical model is used to represent Netlist 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 Criteria115.7479
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2205
MAPEMean absolute percentage error0.0597
SAESum of the absolute errors13.4534
This model is not at all useful as a medium-long range forecasting tool of Netlist. 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 Netlist. 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 Netlist

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Netlist. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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, frequently view the market will even out over time. This tendency of Netlist'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. Please use the tools below to analyze the current value of Netlist in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.296.9913.69
Details
Intrinsic
Valuation
LowReal ValueHigh
1.668.3615.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.636.9810.30
Details
1 Analysts
Consensus
LowTarget PriceHigh
10.0010.0010.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Netlist. Your research has to be compared to or analyzed against Netlist's peers to derive any actionable benefits. When done correctly, Netlist's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Netlist.

Other Forecasting Options for Netlist

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

View Currently 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 Netlist otc stock to make a market-neutral strategy. Peer analysis of Netlist could also be used in its relative valuation, which is a method of valuing Netlist by comparing valuation metrics with similar companies.

Netlist Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Netlist'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 Netlist's current price.

Netlist Market Strength Events

Market strength indicators help investors to evaluate how Netlist 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 Netlist shares will generate the highest return on investment. By undertsting and applying Netlist otc stock market strength indicators, traders can identify Netlist entry and exit signals to maximize returns.

Netlist Risk Indicators

The analysis of Netlist's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Netlist's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Netlist stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Netlist without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Historical Fundamental Analysis of Netlist to cross-verify your projections. Note that the Netlist information on this page should be used as a complementary analysis to other Netlist's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Netlist price analysis, check to measure Netlist'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 Netlist is operating at the current time. Most of Netlist's value examination focuses on studying past and present price action to predict the probability of Netlist's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Netlist's price. Additionally, you may evaluate how the addition of Netlist to your portfolios can decrease your overall portfolio volatility.
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The market value of Netlist is measured differently than its book value, which is the value of Netlist that is recorded on the company's balance sheet. Investors also form their own opinion of Netlist's value that differs from its market value or its book value, called intrinsic value, which is Netlist's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Netlist's market value can be influenced by many factors that don't directly affect Netlist underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Netlist's value and its price as these two are different measures arrived at by different means. Investors typically determine Netlist value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Netlist's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.