Reckitt Benckiser Pink Sheet Forecast - Naive Prediction

Reckitt Benckiser Additional Predictive Modules

Most predictive techniques to examine Reckitt price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Reckitt using various technical indicators. When you analyze Reckitt charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. A naive forecasting model for Reckitt Benckiser is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Reckitt Benckiser Group 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.

Reckitt Benckiser Naive Prediction Price Forecast For the 25th of January

Given 90 days horizon, the Naive Prediction forecasted value of Reckitt Benckiser Group on the next trading day is expected to be 16.35 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.80.

Reckitt Benckiser Pink Sheet Forecast Pattern

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Reckitt Benckiser Forecasted Value

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 Reckitt Benckiser pink sheet data series using in forecasting. Note that when a statistical model is used to represent Reckitt Benckiser 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. This model is not at all useful as a medium-long range forecasting tool of Reckitt Benckiser Group. 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 Reckitt Benckiser. 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 Reckitt Benckiser

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Reckitt Benckiser. 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 Low Estimated High 15.55 16.45 17.35 Details

Intrinsic Valuation Low Real High 15.31 16.21 17.11 Details

Bollinger Band Projection (param) Low Middle High 15.71 16.23 16.75 Details

Reckitt Benckiser After-Hype Price Prediction Density Analysis

Reckitt Benckiser Estimiated After-Hype Price Volatility

Reckitt Benckiser Pink Sheet Price Prediction Analysis

Reckitt Benckiser Hype Timeline

Reckitt Benckiser is at this time traded for 16.45. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.04. Reckitt is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.08%. %. The volatility of related hype on Reckitt Benckiser is about 186.34%, with the expected price after the next announcement by competition of 16.49. The book value of the company was at this time reported as 2.5. The company last dividend was issued on the 5th of August 2022. Reckitt Benckiser had 1028:1000 split on the 31st of December 2014. Assuming the 90 days horizon the next expected press release will be in about 8 days. Check out Historical Fundamental Analysis of Reckitt Benckiser to cross-verify your projections.

Reckitt Benckiser Related Hype Analysis

Other Forecasting Options for Reckitt Benckiser

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

Reckitt Benckiser Related Equities

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Correlation

Reckitt Benckiser Market Strength Events

Reckitt Benckiser Risk Indicators

Story Coverage note for Reckitt Benckiser

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Reckitt Benckiser Short Properties

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