First National Pink Sheet Forecast - 20 Period Moving Average

FINN Stock  USD 12,400  398.00  3.32%   
The 20 Period Moving Average forecasted value of First National of on the next trading day is expected to be 12,144 with a mean absolute deviation of 182.73 and the sum of the absolute errors of 7,492. First Pink Sheet Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for First National of is based on a synthetically constructed First Nationaldaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

First National 20 Period Moving Average Price Forecast For the 11th of November 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of First National of on the next trading day is expected to be 12,144 with a mean absolute deviation of 182.73, mean absolute percentage error of 52,040, and the sum of the absolute errors of 7,492.
Please note that although there have been many attempts to predict First 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 First National's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

First National Pink Sheet Forecast Pattern

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First National Forecasted Value

In the context of forecasting First National's 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. First National's downside and upside margins for the forecasting period are 12,143 and 12,145, respectively. We have considered First National'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
12,400
12,143
Downside
12,144
Expected Value
12,145
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of First National pink sheet data series using in forecasting. Note that when a statistical model is used to represent First National 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 Criteria92.2127
BiasArithmetic mean of the errors -98.961
MADMean absolute deviation182.7273
MAPEMean absolute percentage error0.0151
SAESum of the absolute errors7491.8205
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. First National 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for First National

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First National. 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.
Hype
Prediction
LowEstimatedHigh
12,39912,40012,401
Details
Intrinsic
Valuation
LowRealHigh
10,24010,24213,640
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11,70512,13812,571
Details

Other Forecasting Options for First National

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

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

First National 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 First National'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 First National's current price.

First National Market Strength Events

Market strength indicators help investors to evaluate how First National 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 First National shares will generate the highest return on investment. By undertsting and applying First National pink sheet market strength indicators, traders can identify First National of entry and exit signals to maximize returns.

First National Risk Indicators

The analysis of First National'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 First National's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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.
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.

Pair Trading with First National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First National will appreciate offsetting losses from the drop in the long position's value.

Moving against First Pink Sheet

  0.43PG Procter GamblePairCorr
  0.38BA Boeing Fiscal Year End 29th of January 2025 PairCorr
  0.35KO Coca Cola Fiscal Year End 11th of February 2025 PairCorr
  0.33NFPDF Nissin Foods HoldingsPairCorr
The ability to find closely correlated positions to First National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First National of to buy it.
The correlation of First National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in First Pink Sheet

First National financial ratios help investors to determine whether First Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First National security.