Carnegie Clean OTC Stock Forecast - 20 Period Moving Average
CWGYF Stock | USD 0.03 0.0002 0.77% |
The 20 Period Moving Average forecasted value of Carnegie Clean Energy on the next trading day is expected to be 0.02 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.06. Carnegie OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Carnegie Clean's historical fundamentals, such as revenue growth or operating cash flow patterns.
Carnegie |
Carnegie Clean 20 Period Moving Average Price Forecast For the 23rd of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Carnegie Clean Energy on the next trading day is expected to be 0.02 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000413, and the sum of the absolute errors of 0.06.Please note that although there have been many attempts to predict Carnegie 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 Carnegie Clean's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Carnegie Clean OTC Stock Forecast Pattern
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Carnegie Clean Forecasted Value
In the context of forecasting Carnegie Clean'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. Carnegie Clean's downside and upside margins for the forecasting period are 0.0003 and 9.84, respectively. We have considered Carnegie Clean'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.
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 Carnegie Clean otc stock data series using in forecasting. Note that when a statistical model is used to represent Carnegie Clean 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.AIC | Akaike Information Criteria | 68.9548 |
Bias | Arithmetic mean of the errors | 3.0E-4 |
MAD | Mean absolute deviation | 0.0016 |
MAPE | Mean absolute percentage error | 0.0631 |
SAE | Sum of the absolute errors | 0.0639 |
Predictive Modules for Carnegie Clean
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carnegie Clean Energy. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carnegie Clean's 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.
Other Forecasting Options for Carnegie Clean
For every potential investor in Carnegie, whether a beginner or expert, Carnegie Clean's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Carnegie OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Carnegie. Basic forecasting techniques help filter out the noise by identifying Carnegie Clean's price trends.Carnegie Clean 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 Carnegie Clean otc stock to make a market-neutral strategy. Peer analysis of Carnegie Clean could also be used in its relative valuation, which is a method of valuing Carnegie Clean by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Carnegie Clean Energy 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 Carnegie Clean'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 Carnegie Clean's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Carnegie Clean Market Strength Events
Market strength indicators help investors to evaluate how Carnegie Clean 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 Carnegie Clean shares will generate the highest return on investment. By undertsting and applying Carnegie Clean otc stock market strength indicators, traders can identify Carnegie Clean Energy entry and exit signals to maximize returns.
Accumulation Distribution | 0.0115 | |||
Daily Balance Of Power | (0.67) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 0.026 | |||
Day Typical Price | 0.0259 | |||
Market Facilitation Index | 3.0E-4 | |||
Price Action Indicator | (0.0003) | |||
Period Momentum Indicator | (0.0002) | |||
Relative Strength Index | 50.56 |
Carnegie Clean Risk Indicators
The analysis of Carnegie Clean'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 Carnegie Clean's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting carnegie 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.
Mean Deviation | 6.25 | |||
Semi Deviation | 8.03 | |||
Standard Deviation | 9.78 | |||
Variance | 95.61 | |||
Downside Variance | 84.12 | |||
Semi Variance | 64.44 | |||
Expected Short fall | (8.19) |
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 Carnegie OTC Stock
Carnegie Clean financial ratios help investors to determine whether Carnegie 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 Carnegie with respect to the benefits of owning Carnegie Clean security.