Coinsilium Group OTC Stock Forecast - Polynomial Regression

CINGF Stock  USD 0.05  0.0008  1.50%   
The Polynomial Regression forecasted value of Coinsilium Group on the next trading day is expected to be 0.06 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.21. Coinsilium OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Coinsilium Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Coinsilium Group polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Coinsilium Group as well as the accuracy indicators are determined from the period prices.

Coinsilium Group Polynomial Regression Price Forecast For the 2nd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Coinsilium Group on the next trading day is expected to be 0.06 with a mean absolute deviation of 0, mean absolute percentage error of 0.000022, and the sum of the absolute errors of 0.21.
Please note that although there have been many attempts to predict Coinsilium 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 Coinsilium Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Coinsilium Group OTC Stock Forecast Pattern

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Coinsilium Group Forecasted Value

In the context of forecasting Coinsilium Group's 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. Coinsilium Group's downside and upside margins for the forecasting period are 0.0005 and 16.83, respectively. We have considered Coinsilium Group'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.
Market Value
0.05
0.0005
Downside
0.06
Expected Value
16.83
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 Coinsilium Group otc stock data series using in forecasting. Note that when a statistical model is used to represent Coinsilium Group 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 Criteria107.3788
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0035
MAPEMean absolute percentage error0.125
SAESum of the absolute errors0.2114
A single variable polynomial regression model attempts to put a curve through the Coinsilium Group 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 Coinsilium Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coinsilium Group. 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.
Hype
Prediction
LowEstimatedHigh
0.000.0516.82
Details
Intrinsic
Valuation
LowRealHigh
0.000.0516.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Coinsilium Group. Your research has to be compared to or analyzed against Coinsilium Group's peers to derive any actionable benefits. When done correctly, Coinsilium Group'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 Coinsilium Group.

Other Forecasting Options for Coinsilium Group

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

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

Coinsilium Group 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 Coinsilium Group'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 Coinsilium Group's current price.

Coinsilium Group Market Strength Events

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

Coinsilium Group Risk Indicators

The analysis of Coinsilium Group'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 Coinsilium Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting coinsilium 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 Coinsilium OTC Stock

Coinsilium Group financial ratios help investors to determine whether Coinsilium 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 Coinsilium with respect to the benefits of owning Coinsilium Group security.