Jaeger Resources Pink Sheet Forecast - Simple Regression

BDRGF Stock  USD 0  0.00  0.00%   
The Simple Regression forecasted value of Jaeger Resources Corp on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01. Jaeger Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Jaeger Resources' 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 Jaeger Resources 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.

Jaeger Resources Simple Regression Price Forecast For the 28th of December

Given 90 days horizon, the Simple Regression forecasted value of Jaeger Resources Corp on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002, mean absolute percentage error of 0.00000008, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict Jaeger 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 Jaeger Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jaeger Resources Pink Sheet Forecast Pattern

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Jaeger Resources Forecasted Value

In the context of forecasting Jaeger Resources' Pink Sheet 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. Jaeger Resources' downside and upside margins for the forecasting period are 0.000021 and 13.65, respectively. We have considered Jaeger 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
0.000021
Downside
0
Expected Value
13.65
Upside

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 Jaeger Resources pink sheet data series using in forecasting. Note that when a statistical model is used to represent Jaeger Resources 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 Criteria101.8167
BiasArithmetic mean of the errors None
MADMean absolute deviation2.0E-4
MAPEMean absolute percentage error0.1576
SAESum of the absolute errors0.0147
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 Jaeger Resources Corp 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 Jaeger 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 Jaeger Resources Corp. 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
0.00013.75
Details
Intrinsic
Valuation
LowRealHigh
0.00013.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jaeger Resources. Your research has to be compared to or analyzed against Jaeger Resources' peers to derive any actionable benefits. When done correctly, Jaeger Resources' 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 Jaeger Resources Corp.

Other Forecasting Options for Jaeger Resources

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

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

Jaeger Resources Corp Technical and Predictive Analytics

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

Jaeger Resources Market Strength Events

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

Jaeger Resources Risk Indicators

The analysis of Jaeger 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 Jaeger Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jaeger 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.
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 Jaeger Pink Sheet

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