Adidas AG OTC Stock Forward View
| ADDDF Stock | USD 148.12 -3.54 -2.33% |
Adidas AG's Naive Prediction reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use. The model is fitted to available historical daily prices for Adidas AG. This page is updated as new daily closing prices become available for Adidas AG.
The Naive Prediction forecasted value of Adidas AG on the next trading day is expected to be 158.24 with a mean absolute deviation of 4.34 and the sum of the absolute errors of 264.95.This model is not at all useful as a medium-long range forecasting tool of Adidas AG. 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 Adidas AG. 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. All Naive Prediction forecast figures shown for Adidas AG are reference data reflecting model output based on available historical prices. Naive Prediction Price Forecast For the 25th of March
Given 90 days horizon, the Naive Prediction forecasted value of Adidas AG on the next trading day is expected to be 158.24 with a mean absolute deviation of 4.34 , mean absolute percentage error of 33.13 , and the sum of the absolute errors of 264.95 .Please note that although there have been many attempts to predict Adidas OTC Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Adidas AG's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
OTC Stock Forecast Pattern
| Backtest Adidas AG | Adidas AG Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Adidas AG uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 Adidas AG otc stock data series using in forecasting. Note that when a statistical model is used to represent Adidas AG otc stock, 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 | 121.6109 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 4.3434 |
| MAPE | Mean absolute percentage error | 0.025 |
| SAE | Sum of the absolute errors | 264.9462 |
Other Forecasting Options for Adidas AG
Bollinger Bands applied to Adidas OTC Stock price data measure how far Adidas has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Adidas AG's price data. On-balance volume for Adidas OTC Stock creates a running indicator of buying versus selling pressure in Adidas. Price departures from the channel boundary often mean-revert, offering tactical signals for Adidas AG's.Adidas AG Related Equities
Adidas AG's market space within the Footwear & Accessories space is best grasped by looking at the firms listed below. Checking Adidas AG against peers on P/E, margins, and return on equity helps put its position in context. Firms that trade at big discounts to peers on core metrics may be worth more research. Weighing both financial metrics and softer factors when comparing these firms produces a more balanced assessment.
| Risk & Return | Correlation |
Adidas AG Market Strength Events
For investors tracking Adidas AG, market strength indicators offer quantitative evaluation of otc stock behavior. These indicators add context to timing decisions around Adidas AG positions. These indicators capture shifts in momentum that may precede significant price moves in Adidas AG. These metrics provide actionable context for both entry and risk management decisions around Adidas AG.
Adidas AG Risk Indicators
Analyzing Adidas AG's basic risk indicators provides investors with a structured view of the risk-return trade-off for adidas otc stock. By identifying the level of risk embedded in Adidas AG's investment, investors can make informed decisions about position sizing. Analyzing Adidas AG's risk indicators gives investors important context for price forecasting. Understanding the risk in Adidas AG's investment allows investors to make informed choices about mitigating exposure.
| Mean Deviation | 2.62 | |||
| Standard Deviation | 3.5 | |||
| Variance | 12.26 |
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.
Story Coverage note for Adidas AG
Story coverage around Adidas AG often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
Story Categories
Currently Trending Categories
More Resources for Adidas OTC Stock Analysis
Other Information on Investing in Adidas OTC Stock
These ratios describe connections between financial data points for Adidas AG. The structure keeps comparisons consistent across reporting periods.