OTP Bank Pink Sheet Forecast - Polynomial Regression

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.
OTP Bank polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for OTP Bank Nyrt as well as the accuracy indicators are determined from the period prices.

OTP Bank Polynomial Regression Price Forecast For the 10th of December

Given 90 days horizon, the Polynomial Regression forecasted value of OTP Bank Nyrt on the next trading day is expected to be 22.60 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.015626, and the sum of the absolute errors of 4.31.
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

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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 22.08 and 23.13, 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
22.60
Expected Value
23.13
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression 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 Criteria113.9517
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0706
MAPEMean absolute percentage error0.0032
SAESum of the absolute errors4.3067
A single variable polynomial regression model attempts to put a curve through the OTP Bank historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

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
21.9822.5023.02
Details
Intrinsic
Valuation
LowReal ValueHigh
20.2526.2826.80
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.
MicrosoftAmazon IncBerkshire Hathaway3M CompanyAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian GoldAramark HoldingsVanguard Long-Term
 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in OTP Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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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.
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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.