Golden Minerals OTC Stock Forecast - Naive Prediction
| AUMNDelisted Stock | USD 0.1 0.00 0.00% |
The Naive Prediction forecasted value of Golden Minerals on the next trading day is expected to be 0.07 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.42. Golden OTC Stock Forecast is based on your current time horizon.
Golden |
Golden Minerals Naive Prediction Price Forecast For the 3rd of February
Given 90 days horizon, the Naive Prediction forecasted value of Golden Minerals on the next trading day is expected to be 0.07 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0007, and the sum of the absolute errors of 1.42.Please note that although there have been many attempts to predict Golden 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 Golden Minerals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Golden Minerals OTC Stock Forecast Pattern
| Backtest Golden Minerals | Golden Minerals Price Prediction | Buy or Sell Advice |
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 Golden Minerals otc stock data series using in forecasting. Note that when a statistical model is used to represent Golden Minerals 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 | 110.8895 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0232 |
| MAPE | Mean absolute percentage error | 0.1071 |
| SAE | Sum of the absolute errors | 1.4178 |
Predictive Modules for Golden Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golden Minerals. 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.View Golden Minerals Related Equities
| Risk & Return | Correlation |
Golden Minerals Market Strength Events
Market strength indicators help investors to evaluate how Golden Minerals 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 Golden Minerals shares will generate the highest return on investment. By undertsting and applying Golden Minerals otc stock market strength indicators, traders can identify Golden Minerals entry and exit signals to maximize returns.
| Accumulation Distribution | 0.19 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0906 | |||
| Day Typical Price | 0.0922 | |||
| Market Facilitation Index | 0.0189 | |||
| Price Action Indicator | 0.005 |
Golden Minerals Risk Indicators
The analysis of Golden Minerals' 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 Golden Minerals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting golden 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.
| Mean Deviation | 5.52 | |||
| Standard Deviation | 7.71 | |||
| Variance | 59.49 |
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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population. 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 Golden OTC Stock
If you are still planning to invest in Golden 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 Golden Minerals' history and understand the potential risks before investing.
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