Crombie Real Pink Sheet Forecast - Polynomial Regression

CROMF Stock  USD 10.22  0.66  6.07%   
The Polynomial Regression forecasted value of Crombie Real Estate on the next trading day is expected to be 10.41 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.54. Crombie Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Crombie Real's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Crombie Real polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Crombie Real Estate as well as the accuracy indicators are determined from the period prices.

Crombie Real Polynomial Regression Price Forecast For the 2nd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Crombie Real Estate on the next trading day is expected to be 10.41 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.06, and the sum of the absolute errors of 13.54.
Please note that although there have been many attempts to predict Crombie 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 Crombie Real's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Crombie Real Pink Sheet Forecast Pattern

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Crombie Real Forecasted Value

In the context of forecasting Crombie Real's 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. Crombie Real's downside and upside margins for the forecasting period are 8.92 and 11.90, respectively. We have considered Crombie Real'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
10.22
10.41
Expected Value
11.90
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 Crombie Real pink sheet data series using in forecasting. Note that when a statistical model is used to represent Crombie Real 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 Criteria115.3529
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2219
MAPEMean absolute percentage error0.02
SAESum of the absolute errors13.5378
A single variable polynomial regression model attempts to put a curve through the Crombie Real 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 Crombie Real

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Crombie Real Estate. 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
8.7310.2211.71
Details
Intrinsic
Valuation
LowRealHigh
7.468.9510.44
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.8410.4811.13
Details

Other Forecasting Options for Crombie Real

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

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Crombie Real Estate 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 Crombie Real'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 Crombie Real's current price.

Crombie Real Market Strength Events

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

Crombie Real Risk Indicators

The analysis of Crombie Real'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 Crombie Real's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting crombie 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 Crombie Pink Sheet

Crombie Real financial ratios help investors to determine whether Crombie 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 Crombie with respect to the benefits of owning Crombie Real security.