Colossus Resources Stock Forward View - Simple Regression
| CLUS Stock | 0.07 0.00 0.00% |
Colossus Stock outlook is based on your current time horizon.
At this time, the relative strength momentum indicator of Colossus Resources' share price is approaching 41 suggesting that the stock 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 Colossus Resources, making its price go up or down. Momentum 41
Sell Extended
Oversold | Overbought |
Using Colossus Resources hype-based prediction, you can estimate the value of Colossus Resources Corp from the perspective of Colossus Resources response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Colossus Resources Corp on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.61. Colossus Resources after-hype prediction price | CAD 0.07 |
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.
Colossus |
Colossus Resources Additional Predictive Modules
Most predictive techniques to examine Colossus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Colossus using various technical indicators. When you analyze Colossus 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Colossus Resources Simple Regression Price Forecast For the 28th of February
Given 90 days horizon, the Simple Regression forecasted value of Colossus Resources Corp on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.62.Please note that although there have been many attempts to predict Colossus Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Colossus Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Colossus Resources Stock Forecast Pattern
| Backtest Colossus Resources | Colossus Resources Price Prediction | Research Analysis |
Colossus Resources Forecasted Value
In the context of forecasting Colossus Resources' 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. Colossus Resources' downside and upside margins for the forecasting period are 0.0007 and 10.50, respectively. We have considered Colossus 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.
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 Colossus Resources stock data series using in forecasting. Note that when a statistical model is used to represent Colossus Resources 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 | 111.1373 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.01 |
| MAPE | Mean absolute percentage error | 0.1151 |
| SAE | Sum of the absolute errors | 0.6172 |
Predictive Modules for Colossus 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 Colossus Resources Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Colossus Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Colossus Resources After-Hype Price Density Analysis
As far as predicting the price of Colossus 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 Colossus 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 Stock prices, such as prices of Colossus Resources, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Colossus Resources Estimiated After-Hype Price Volatility
In the context of predicting Colossus Resources' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Colossus Resources' historical news coverage. Colossus Resources' after-hype downside and upside margins for the prediction period are 0.00 and 10.49, respectively. We have considered Colossus Resources' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Colossus Resources is out of control at this time. Analysis and calculation of next after-hype price of Colossus Resources Corp is based on 3 months time horizon.
Colossus Resources Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Colossus Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Colossus 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 Stock 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 Colossus Resources, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.21 | 10.42 | 0.00 | 0.03 | 2 Events / Month | 2 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.07 | 0.07 | 0.00 |
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Colossus Resources Hype Timeline
Colossus Resources Corp is currently traded for 0.07on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. Colossus is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at 0.21%. %. The volatility of related hype on Colossus Resources is about 7442.86%, with the expected price after the next announcement by competition of 0.10. About 15.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.02. Colossus Resources Corp had not issued any dividends in recent years. Assuming the 90 days trading horizon the next anticipated press release will be in a few days. Check out Historical Fundamental Analysis of Colossus Resources to cross-verify your projections.Colossus Resources Related Hype Analysis
Having access to credible news sources related to Colossus Resources' direct competition is more important than ever and may enhance your ability to predict Colossus Resources' future price movements. Getting to know how Colossus 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 Colossus Resources may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EVMT | Evome Medical Technologies | 0.00 | 1 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| LIO | Lion One Metals | 0.01 | 2 per month | 4.37 | 0.05 | 8.57 | (6.45) | 28.60 | |
| NIM | Nicola Mining | (0.02) | 4 per month | 3.56 | 0.13 | 10.87 | (5.05) | 28.32 | |
| CIA | Champion Iron | (0.05) | 6 per month | 2.09 | 0.01 | 3.78 | (3.73) | 11.75 | |
| MU | Micron Technology | 1.29 | 10 per month | 2.61 | 0.24 | 9.95 | (3.95) | 19.88 | |
| NXO | Nexoptic Technology Corp | 0.00 | 1 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FEO | Oceanic Iron Ore | 0.03 | 3 per month | 3.17 | 0.03 | 7.69 | (6.58) | 22.15 | |
| RCH | Richelieu Hardware | (0.14) | 8 per month | 0.75 | 0.12 | 1.79 | (1.44) | 6.72 |
Other Forecasting Options for Colossus Resources
For every potential investor in Colossus, whether a beginner or expert, Colossus Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Colossus Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Colossus. Basic forecasting techniques help filter out the noise by identifying Colossus Resources' price trends.Colossus 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 Colossus Resources stock to make a market-neutral strategy. Peer analysis of Colossus Resources could also be used in its relative valuation, which is a method of valuing Colossus Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Colossus Resources Market Strength Events
Market strength indicators help investors to evaluate how Colossus Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Colossus Resources shares will generate the highest return on investment. By undertsting and applying Colossus Resources stock market strength indicators, traders can identify Colossus Resources Corp entry and exit signals to maximize returns.
Colossus Resources Risk Indicators
The analysis of Colossus 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 Colossus Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting colossus 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 | 4.13 | |||
| Semi Deviation | 6.73 | |||
| Standard Deviation | 9.93 | |||
| Variance | 98.59 | |||
| Downside Variance | 383.0 | |||
| Semi Variance | 45.25 | |||
| Expected Short fall | (22.92) |
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.
Story Coverage note for Colossus Resources
The number of cover stories for Colossus Resources depends on current market conditions and Colossus Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Colossus 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 Colossus Resources' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Colossus Resources Short Properties
Colossus Resources' future price predictability will typically decrease when Colossus Resources' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Colossus Resources Corp often depends not only on the future outlook of the potential Colossus Resources' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Colossus Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.2 M | |
| Shares Float | 16 M |
Additional Tools for Colossus Stock Analysis
When running Colossus Resources' price analysis, check to measure Colossus Resources' 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 Colossus Resources is operating at the current time. Most of Colossus Resources' value examination focuses on studying past and present price action to predict the probability of Colossus Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colossus Resources' price. Additionally, you may evaluate how the addition of Colossus Resources to your portfolios can decrease your overall portfolio volatility.