Cantex Mine Stock Forecast - Simple Regression
| CD Stock | CAD 0.18 0.01 5.88% |
The Simple Regression forecasted value of Cantex Mine Development on the next trading day is expected to be 0.17 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.46. Cantex Stock Forecast is based on your current time horizon.
At this time the relative strength momentum indicator of Cantex Mine's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Cantex Mine hype-based prediction, you can estimate the value of Cantex Mine Development from the perspective of Cantex Mine response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Cantex Mine Development on the next trading day is expected to be 0.17 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.46. Cantex Mine after-hype prediction price | CAD 0.18 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Cantex |
Cantex Mine Additional Predictive Modules
Most predictive techniques to examine Cantex price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cantex using various technical indicators. When you analyze Cantex charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cantex Mine Simple Regression Price Forecast For the 13th of January 2026
Given 90 days horizon, the Simple Regression forecasted value of Cantex Mine Development on the next trading day is expected to be 0.17 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.46.Please note that although there have been many attempts to predict Cantex 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 Cantex Mine's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Cantex Mine Stock Forecast Pattern
| Backtest Cantex Mine | Cantex Mine Price Prediction | Buy or Sell Advice |
Cantex Mine Forecasted Value
In the context of forecasting Cantex Mine's 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. Cantex Mine's downside and upside margins for the forecasting period are 0 and 9.83, respectively. We have considered Cantex Mine's 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.
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 Cantex Mine stock data series using in forecasting. Note that when a statistical model is used to represent Cantex Mine 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 | 109.1081 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0076 |
| MAPE | Mean absolute percentage error | 0.0479 |
| SAE | Sum of the absolute errors | 0.4646 |
Predictive Modules for Cantex Mine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cantex Mine Development. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Other Forecasting Options for Cantex Mine
For every potential investor in Cantex, whether a beginner or expert, Cantex Mine's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cantex Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cantex. Basic forecasting techniques help filter out the noise by identifying Cantex Mine's price trends.Cantex Mine 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 Cantex Mine stock to make a market-neutral strategy. Peer analysis of Cantex Mine could also be used in its relative valuation, which is a method of valuing Cantex Mine by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cantex Mine Development Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cantex Mine's 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 Cantex Mine's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cantex Mine Market Strength Events
Market strength indicators help investors to evaluate how Cantex Mine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cantex Mine shares will generate the highest return on investment. By undertsting and applying Cantex Mine stock market strength indicators, traders can identify Cantex Mine Development entry and exit signals to maximize returns.
Cantex Mine Risk Indicators
The analysis of Cantex Mine'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 Cantex Mine's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cantex 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 | 4.28 | |||
| Semi Deviation | 6.29 | |||
| Standard Deviation | 9.4 | |||
| Variance | 88.29 | |||
| Downside Variance | 156.73 | |||
| Semi Variance | 39.52 | |||
| Expected Short fall | (10.50) |
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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Additional Tools for Cantex Stock Analysis
When running Cantex Mine's price analysis, check to measure Cantex Mine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cantex Mine is operating at the current time. Most of Cantex Mine's value examination focuses on studying past and present price action to predict the probability of Cantex Mine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cantex Mine's price. Additionally, you may evaluate how the addition of Cantex Mine to your portfolios can decrease your overall portfolio volatility.