OTP Bank Pink Sheet Forecast - Naive Prediction

OTPBF
 Stock
  

USD 22.50  0.00  0.00%   

OTPBF Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast OTP Bank historical stock prices and determine the direction of OTP Bank Nyrt'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 OTP Bank historical fundamentals such as revenue growth or operating cash flow patterns.
Please check Historical Fundamental Analysis of OTP Bank to cross-verify your projections.
  
Most investors in OTP Bank 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 OTP Bank's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets OTP Bank's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for OTP Bank is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of OTP Bank Nyrt 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.

OTP Bank Naive Prediction Price Forecast For the 9th of December

Given 90 days horizon, the Naive Prediction forecasted value of OTP Bank Nyrt on the next trading day is expected to be 22.63 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.008414, and the sum of the absolute errors of 3.30.
Please note that although there have been many attempts to predict OTPBF 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 OTP Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

OTP Bank Pink Sheet Forecast Pattern

Backtest OTP BankOTP Bank Price PredictionBuy or Sell Advice 

OTP Bank Forecasted Value

In the context of forecasting OTP Bank'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. OTP Bank's downside and upside margins for the forecasting period are 22.10 and 23.15, respectively. We have considered OTP Bank'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 22.50
22.63
Expected Value
23.15
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 OTP Bank pink sheet data series using in forecasting. Note that when a statistical model is used to represent OTP Bank 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 Criteria113.3327
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0541
MAPEMean absolute percentage error0.0024
SAESum of the absolute errors3.3005
This model is not at all useful as a medium-long range forecasting tool of OTP Bank Nyrt. 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 OTP Bank. 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 OTP Bank

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OTP Bank Nyrt. 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 OTP Bank'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 OTP Bank in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
21.9722.5023.03
Details
Intrinsic
Valuation
LowReal ValueHigh
20.2526.2826.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.5022.5022.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OTP Bank. Your research has to be compared to or analyzed against OTP Bank's peers to derive any actionable benefits. When done correctly, OTP Bank'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 OTP Bank Nyrt.

Other Forecasting Options for OTP Bank

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

OTP Bank 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 OTP Bank pink sheet to make a market-neutral strategy. Peer analysis of OTP Bank could also be used in its relative valuation, which is a method of valuing OTP Bank by comparing valuation metrics with similar companies.
CDL Hospitality TrustsJapan Hotel REITWhitbread PLC ADRMinor InternationalInterContinental HotelsMinor International PCLAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian Gold
 Risk & Return  Correlation

OTP Bank Nyrt Technical and Predictive Analytics

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

OTP Bank Risk Indicators

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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as OTP Bank Nyrt using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Historical Fundamental Analysis of OTP Bank to cross-verify your projections. Note that the OTP Bank Nyrt information on this page should be used as a complementary analysis to other OTP Bank's 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 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..

Complementary Tools for OTPBF Pink Sheet analysis

When running OTP Bank Nyrt price analysis, check to measure OTP Bank'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 OTP Bank is operating at the current time. Most of OTP Bank's value examination focuses on studying past and present price action to predict the probability of OTP Bank's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OTP Bank's price. Additionally, you may evaluate how the addition of OTP Bank to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Please note, there is a significant difference between OTP Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine OTP Bank value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OTP Bank'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.