Alliance Global Pink Sheet Forecast - Simple Regression

ALGGF Stock  USD 0.12  0.00  0.00%   
The Simple Regression forecasted value of Alliance Global Group on the next trading day is expected to be 0.12 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Alliance Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Alliance Global's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Alliance Global price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Alliance Global Simple Regression Price Forecast For the 1st of January

Given 90 days horizon, the Simple Regression forecasted value of Alliance Global Group on the next trading day is expected to be 0.12 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Alliance 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 Alliance Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Alliance Global Pink Sheet Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Alliance Global pink sheet data series using in forecasting. Note that when a statistical model is used to represent Alliance Global 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 Criteria45.7114
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Alliance Global Group historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Alliance Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alliance Global Group. 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
LowEstimatedHigh
0.120.120.12
Details
Intrinsic
Valuation
LowRealHigh
0.100.100.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alliance Global. Your research has to be compared to or analyzed against Alliance Global's peers to derive any actionable benefits. When done correctly, Alliance Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alliance Global Group.

Alliance Global 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 Alliance Global pink sheet to make a market-neutral strategy. Peer analysis of Alliance Global could also be used in its relative valuation, which is a method of valuing Alliance Global by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Alliance Global Market Strength Events

Market strength indicators help investors to evaluate how Alliance Global 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 Alliance Global shares will generate the highest return on investment. By undertsting and applying Alliance Global pink sheet market strength indicators, traders can identify Alliance Global Group entry and exit signals to maximize returns.

Currently Active Assets on Macroaxis

Other Information on Investing in Alliance Pink Sheet

Alliance Global financial ratios help investors to determine whether Alliance Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alliance with respect to the benefits of owning Alliance Global security.