Oi SA Pink Sheet Forecast - Triple Exponential Smoothing
| OIBRQDelisted Stock | USD 0.01 0.00 0.00% |
The Triple Exponential Smoothing forecasted value of Oi SA ADR on the next trading day is expected to be 0 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.76. OIBRQ Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Oi SA stock prices and determine the direction of Oi SA ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Oi SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. OIBRQ |
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.
Triple exponential smoothing for Oi SA - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Oi SA prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Oi SA price movement. However, neither of these exponential smoothing models address any seasonality of Oi SA ADR. Oi SA Triple Exponential Smoothing Price Forecast For the 24th of April
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Oi SA ADR on the next trading day is expected to be 0 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.76.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 Triple Exponential Smoothing 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0048 |
| MAD | Mean absolute deviation | 0.0299 |
| MAPE | Mean absolute percentage error | 16.6865 |
| SAE | Sum of the absolute errors | 1.7636 |
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 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 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.
View Oi SA Related Equities
| Risk & Return | Correlation |
Oi SA Market Strength Events
Market strength indicators help investors to evaluate how Oi SA 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 Oi SA shares will generate the highest return on investment. By undertsting and applying Oi SA pink sheet market strength indicators, traders can identify Oi SA ADR entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0106 | |||
| Day Typical Price | 0.0106 |
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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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in OIBRQ Pink Sheet
If you are still planning to invest in Oi SA ADR 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 Oi SA's history and understand the potential risks before investing.
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