United Overseas Pink Sheet Forecast - 4 Period Moving Average
| UOVEF Stock | USD 22.33 1.01 4.74% |
The 4 Period Moving Average forecasted value of United Overseas Bank on the next trading day is expected to be 22.33 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 21.24. United Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast United Overseas stock prices and determine the direction of United Overseas Bank's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of United Overseas' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of United Overseas to cross-verify your projections. United |
Most investors in United Overseas 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 United Overseas' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets United Overseas' price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for United Overseas Bank is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility. United Overseas 4 Period Moving Average Price Forecast For the 3rd of May
Given 90 days horizon, the 4 Period Moving Average forecasted value of United Overseas Bank on the next trading day is expected to be 22.33 with a mean absolute deviation of 0.37, mean absolute percentage error of 0.21, and the sum of the absolute errors of 21.24.Please note that although there have been many attempts to predict United 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 United Overseas' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
United Overseas Pink Sheet Forecast Pattern
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United Overseas Forecasted Value
In the context of forecasting United Overseas' Pink Sheet 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. United Overseas' downside and upside margins for the forecasting period are 20.29 and 24.37, respectively. We have considered United Overseas' 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of United Overseas pink sheet data series using in forecasting. Note that when a statistical model is used to represent United Overseas 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 | 111.0446 |
| Bias | Arithmetic mean of the errors | -0.0892 |
| MAD | Mean absolute deviation | 0.3662 |
| MAPE | Mean absolute percentage error | 0.0173 |
| SAE | Sum of the absolute errors | 21.2375 |
Predictive Modules for United Overseas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as United Overseas Bank. 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 United Overseas' 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.
Other Forecasting Options for United Overseas
For every potential investor in United, whether a beginner or expert, United Overseas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. United Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in United. Basic forecasting techniques help filter out the noise by identifying United Overseas' price trends.United Overseas 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 United Overseas pink sheet to make a market-neutral strategy. Peer analysis of United Overseas could also be used in its relative valuation, which is a method of valuing United Overseas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
United Overseas Bank Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of United Overseas' 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 United Overseas' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
United Overseas Market Strength Events
Market strength indicators help investors to evaluate how United Overseas 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 United Overseas shares will generate the highest return on investment. By undertsting and applying United Overseas pink sheet market strength indicators, traders can identify United Overseas Bank entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 22.33 | |||
| Day Typical Price | 22.33 | |||
| Price Action Indicator | 0.5 | |||
| Period Momentum Indicator | 1.01 |
United Overseas Risk Indicators
The analysis of United Overseas' 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 United Overseas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting united pink sheet 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.
| Mean Deviation | 1.54 | |||
| Semi Deviation | 1.76 | |||
| Standard Deviation | 2.04 | |||
| Variance | 4.15 | |||
| Downside Variance | 4.55 | |||
| Semi Variance | 3.11 | |||
| Expected Short fall | (1.93) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
| CRM | Salesforce | |
| GOOG | Alphabet Inc Class C |
Check out Historical Fundamental Analysis of United Overseas to cross-verify your projections. Note that the United Overseas Bank information on this page should be used as a complementary analysis to other United Overseas' 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 the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for United Pink Sheet analysis
When running United Overseas' price analysis, check to measure United Overseas' 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 United Overseas is operating at the current time. Most of United Overseas' value examination focuses on studying past and present price action to predict the probability of United Overseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Overseas' price. Additionally, you may evaluate how the addition of United Overseas to your portfolios can decrease your overall portfolio volatility.
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