African Rainbow Pink Sheet Forecast - Polynomial Regression
| AFBOFDelisted Stock | USD 12.20 0.00 0.00% |
The Polynomial Regression forecasted value of African Rainbow Minerals on the next trading day is expected to be 12.62 with a mean absolute deviation of 0.73 and the sum of the absolute errors of 44.43. African Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of African Rainbow's historical fundamentals, such as revenue growth or operating cash flow patterns.
African |
African Rainbow Polynomial Regression Price Forecast For the 1st of December
Given 90 days horizon, the Polynomial Regression forecasted value of African Rainbow Minerals on the next trading day is expected to be 12.62 with a mean absolute deviation of 0.73, mean absolute percentage error of 0.80, and the sum of the absolute errors of 44.43.Please note that although there have been many attempts to predict African 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 African Rainbow's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
African Rainbow Pink Sheet Forecast Pattern
| Backtest African Rainbow | African Rainbow Price Prediction | Buy or Sell Advice |
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 African Rainbow pink sheet data series using in forecasting. Note that when a statistical model is used to represent African Rainbow 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.| AIC | Akaike Information Criteria | 117.8883 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.7284 |
| MAPE | Mean absolute percentage error | 0.0767 |
| SAE | Sum of the absolute errors | 44.4323 |
Predictive Modules for African Rainbow
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as African Rainbow Minerals. 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.View African Rainbow Related Equities
| Risk & Return | Correlation |
African Rainbow Market Strength Events
Market strength indicators help investors to evaluate how African Rainbow 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 African Rainbow shares will generate the highest return on investment. By undertsting and applying African Rainbow pink sheet market strength indicators, traders can identify African Rainbow Minerals entry and exit signals to maximize returns.
African Rainbow Risk Indicators
The analysis of African Rainbow'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 African Rainbow's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting african 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.
| Mean Deviation | 4.92 | |||
| Semi Deviation | 6.96 | |||
| Standard Deviation | 6.51 | |||
| Variance | 42.39 | |||
| Downside Variance | 71.95 | |||
| Semi Variance | 48.42 | |||
| Expected Short fall | (4.95) |
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.
Currently Active Assets on Macroaxis
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in African Pink Sheet
If you are still planning to invest in African Rainbow Minerals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the African Rainbow's history and understand the potential risks before investing.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |