Roche Holding OTC Stock Forecast - Naive Prediction

RHHVF Stock  USD 256.16  3.76  1.49%   
The Naive Prediction forecasted value of Roche Holding AG on the next trading day is expected to be 243.45 with a mean absolute deviation of  3.42  and the sum of the absolute errors of 208.84. Roche OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Roche Holding stock prices and determine the direction of Roche Holding AG's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Roche Holding's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Roche Holding to cross-verify your projections.
  
Most investors in Roche Holding 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 Roche Holding's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Roche Holding's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Roche Holding is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Roche Holding AG 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.

Roche Holding Naive Prediction Price Forecast For the 29th of March

Given 90 days horizon, the Naive Prediction forecasted value of Roche Holding AG on the next trading day is expected to be 243.45 with a mean absolute deviation of 3.42, mean absolute percentage error of 19.95, and the sum of the absolute errors of 208.84.
Please note that although there have been many attempts to predict Roche 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 Roche Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Roche Holding OTC Stock Forecast Pattern

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Roche Holding Forecasted Value

In the context of forecasting Roche Holding'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. Roche Holding's downside and upside margins for the forecasting period are 241.84 and 245.06, respectively. We have considered Roche Holding'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
256.16
241.84
Downside
243.45
Expected Value
245.06
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 Roche Holding otc stock data series using in forecasting. Note that when a statistical model is used to represent Roche Holding 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 Criteria121.1038
BiasArithmetic mean of the errors None
MADMean absolute deviation3.4237
MAPEMean absolute percentage error0.0131
SAESum of the absolute errors208.8443
This model is not at all useful as a medium-long range forecasting tool of Roche Holding AG. 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 Roche Holding. 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 Roche Holding

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Roche Holding AG. 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 Roche Holding'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
250.79252.40254.01
Details
Intrinsic
Valuation
LowRealHigh
205.36206.97277.64
Details
Bollinger
Band Projection (param)
LowMiddleHigh
249.47251.85254.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Roche Holding. Your research has to be compared to or analyzed against Roche Holding's peers to derive any actionable benefits. When done correctly, Roche Holding'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 Roche Holding AG.

Other Forecasting Options for Roche Holding

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

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

Roche Holding AG Technical and Predictive Analytics

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

Roche Holding Market Strength Events

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

Roche Holding Risk Indicators

The analysis of Roche Holding'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 Roche Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting roche 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 Roche Holding 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, Roche Holding's short interest history, or implied volatility extrapolated from Roche Holding options trading.

Currently Active Assets on Macroaxis

Check out Historical Fundamental Analysis of Roche Holding to cross-verify your projections.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Please note, there is a significant difference between Roche Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roche Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roche Holding'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.