Citrine Global Pink Sheet Forecast - 20 Period Moving Average

CTGL Stock  USD 0.0003  0.00  0.00%   
The 20 Period Moving Average forecasted value of Citrine Global Corp on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01. Citrine Pink Sheet Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Citrine Global Corp is based on a synthetically constructed Citrine Globaldaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Citrine Global 20 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of Citrine Global Corp on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.0002, mean absolute percentage error of 0.00000008, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict Citrine 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 Citrine Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Citrine Global Pink Sheet Forecast Pattern

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Citrine Global Forecasted Value

In the context of forecasting Citrine Global'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. Citrine Global's downside and upside margins for the forecasting period are 0.000003 and 8.00, respectively. We have considered Citrine Global'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
0.0003
0.000003
Downside
0.0003
Expected Value
8.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Citrine Global pink sheet data series using in forecasting. Note that when a statistical model is used to represent Citrine Global 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 Criteria65.0069
BiasArithmetic mean of the errors 2.0E-4
MADMean absolute deviation2.0E-4
MAPEMean absolute percentage error0.5659
SAESum of the absolute errors0.0074
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Citrine Global Corp 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Citrine Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Citrine Global Corp. 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
0.000.00038.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.00038.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00030.00030.0003
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Citrine Global. Your research has to be compared to or analyzed against Citrine Global's peers to derive any actionable benefits. When done correctly, Citrine Global'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 Citrine Global Corp.

Other Forecasting Options for Citrine Global

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

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

Citrine Global Corp 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 Citrine Global'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 Citrine Global's current price.

Citrine Global Market Strength Events

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

Citrine Global Risk Indicators

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

Citrine Global financial ratios help investors to determine whether Citrine 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 Citrine with respect to the benefits of owning Citrine Global security.