Ascot Resources OTC Stock Forecast - Polynomial Regression

AOTVF Stock  USD 0.17  0.01  6.25%   
The Polynomial Regression forecasted value of Ascot Resources on the next trading day is expected to be 0.11 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.46. Ascot OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ascot Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Ascot Resources polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Ascot Resources as well as the accuracy indicators are determined from the period prices.

Ascot Resources Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Ascot Resources on the next trading day is expected to be 0.11 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.46.
Please note that although there have been many attempts to predict Ascot OTC Stock 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 Ascot Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ascot Resources OTC Stock Forecast Pattern

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Ascot Resources Forecasted Value

In the context of forecasting Ascot Resources' OTC Stock 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. Ascot Resources' downside and upside margins for the forecasting period are 0 and 10.43, respectively. We have considered Ascot Resources' 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
0.17
0.11
Expected Value
10.43
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 Ascot Resources otc stock data series using in forecasting. Note that when a statistical model is used to represent Ascot Resources 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.
AICAkaike Information Criteria111.4172
BiasArithmetic mean of the errors None
MADMean absolute deviation0.024
MAPEMean absolute percentage error0.1548
SAESum of the absolute errors1.4649
A single variable polynomial regression model attempts to put a curve through the Ascot Resources 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 Ascot Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ascot Resources. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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, anticipate that the market will even out over time. This tendency of Ascot Resources' 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.
Hype
Prediction
LowEstimatedHigh
0.010.1710.48
Details
Intrinsic
Valuation
LowRealHigh
0.010.1610.47
Details

Other Forecasting Options for Ascot Resources

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

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 Risk & Return  Correlation

Ascot Resources Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ascot Resources' 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 Ascot Resources' current price.

Ascot Resources Market Strength Events

Market strength indicators help investors to evaluate how Ascot Resources otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ascot Resources shares will generate the highest return on investment. By undertsting and applying Ascot Resources otc stock market strength indicators, traders can identify Ascot Resources entry and exit signals to maximize returns.

Ascot Resources Risk Indicators

The analysis of Ascot Resources' 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 Ascot Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ascot otc stock 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.
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.

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Other Information on Investing in Ascot OTC Stock

Ascot Resources financial ratios help investors to determine whether Ascot OTC Stock 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 Ascot with respect to the benefits of owning Ascot Resources security.