Oi SA Pink Sheet Forecast - Naive Prediction

OIBRQDelisted Stock  USD 0.01  0.0003  2.91%   
OIBRQ Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Oi SA historical stock prices and determine the direction of Oi SA ADR'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 Oi SA historical fundamentals such as revenue growth or operating cash flow patterns.
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Most investors in Oi SA 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 Oi SA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Oi SA's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Oi SA is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Oi SA ADR 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.

Oi SA Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Oi SA ADR on the next trading day is expected to be 0.013065 with a mean absolute deviation of 0.002896, mean absolute percentage error of 0.00001967, and the sum of the absolute errors of 0.18.
Please note that although there have been many attempts to predict OIBRQ 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 Oi SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Oi SA Pink Sheet Forecast Pattern

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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 Oi SA pink sheet data series using in forecasting. Note that when a statistical model is used to represent Oi SA 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 Criteria107.2742
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0029
MAPEMean absolute percentage error4.8538
SAESum of the absolute errors0.1766
This model is not at all useful as a medium-long range forecasting tool of Oi SA ADR. 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 Oi SA. 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 Oi SA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oi SA ADR. 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 Oi SA'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 Oi SA in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.0150.51
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.00771450.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-0.0020.003860.009754
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Oi SA. Your research has to be compared to or analyzed against Oi SA's peers to derive any actionable benefits. When done correctly, Oi SA'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 Oi SA ADR.

Oi SA 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 Oi SA pink sheet to make a market-neutral strategy. Peer analysis of Oi SA could also be used in its relative valuation, which is a method of valuing Oi SA by comparing valuation metrics with similar companies.
Hertz Global HoldingsMcGrath RentCorpAres Management LPBank of New YorkWillscot Mobile MiniFranklin ResourcesFortress Transp InfraAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron Corp
 Risk & Return  Correlation

Oi SA Risk Indicators

The analysis of Oi SA'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 Oi SA's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Oi SA 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.
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 Oi SA 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, Oi SA's short interest history, or implied volatility extrapolated from Oi SA options trading.

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Other Tools for OIBRQ Pink Sheet

When running Oi SA ADR price analysis, check to measure Oi SA'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 Oi SA is operating at the current time. Most of Oi SA's value examination focuses on studying past and present price action to predict the probability of Oi SA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oi SA's price. Additionally, you may evaluate how the addition of Oi SA to your portfolios can decrease your overall portfolio volatility.
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