Civitas Resources Pink Sheet Forecast - Naive Prediction

CIVIWDelisted Stock   0.01  0.00  0.00%   
The Naive Prediction forecasted value of Civitas Resources on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.74. Investors can use prediction functions to forecast Civitas Resources' stock prices and determine the direction of Civitas Resources's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Civitas Resources' historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. At this time, the relative strength index (RSI) of Civitas Resources' share price is approaching 39 suggesting that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Civitas Resources, making its price go up or down.

Momentum 39

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Civitas Resources' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Civitas Resources and does not consider all of the tangible or intangible factors available from Civitas Resources' fundamental data. We analyze noise-free headlines and recent hype associated with Civitas Resources, which may create opportunities for some arbitrage if properly timed.
Using Civitas Resources hype-based prediction, you can estimate the value of Civitas Resources from the perspective of Civitas Resources response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Civitas Resources on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.74.

Civitas Resources after-hype prediction price

    
  USD 0.01  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Civitas Resources Additional Predictive Modules

Most predictive techniques to examine Civitas price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Civitas using various technical indicators. When you analyze Civitas 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.
A naive forecasting model for Civitas Resources is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Civitas Resources value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Civitas Resources Naive Prediction Price Forecast For the 23rd of January

Given 90 days horizon, the Naive Prediction forecasted value of Civitas Resources on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.74.
Please note that although there have been many attempts to predict Civitas 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 Civitas Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Civitas Resources Pink Sheet Forecast Pattern

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 Civitas Resources pink sheet data series using in forecasting. Note that when a statistical model is used to represent Civitas 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 Criteria111.69
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0285
MAPEMean absolute percentage error1.1842
SAESum of the absolute errors1.7415
This model is not at all useful as a medium-long range forecasting tool of Civitas Resources. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Civitas Resources. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Civitas 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 Civitas Resources. 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.

Civitas Resources Estimiated After-Hype Price Prediction Volatility

As far as predicting the price of Civitas Resources at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Civitas Resources or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Civitas Resources, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Civitas Resources Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Civitas Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Civitas Resources backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Civitas Resources, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
7 Events / Month
1 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.01
0.01
0.00 
0.00  
Notes

Civitas Resources Hype Timeline

Civitas Resources is currently traded for 0.01. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Civitas is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Civitas Resources is about 0.0%, with the expected price after the next announcement by competition of 0.01. Assuming the 90 days horizon the next forecasted press release will be in about 7 days.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Civitas Resources Related Hype Analysis

Having access to credible news sources related to Civitas Resources' direct competition is more important than ever and may enhance your ability to predict Civitas Resources' future price movements. Getting to know how Civitas Resources' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Civitas Resources may potentially react to the hype associated with one of its peers.

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

Civitas Resources Market Strength Events

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

Story Coverage note for Civitas Resources

The number of cover stories for Civitas Resources depends on current market conditions and Civitas Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Civitas Resources is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Civitas Resources' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.

Other Consideration for investing in Civitas Pink Sheet

If you are still planning to invest in Civitas Resources 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 Civitas Resources' history and understand the potential risks before investing.
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