Elixir Energy Pink Sheet Forecast - Simple Regression

Elixir Energy Additional Predictive Modules

Most predictive techniques to examine Elixir price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Elixir using various technical indicators. When you analyze Elixir 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. Simple Regression model is a single variable regression model that attempts to put a straight line through Elixir Energy price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Elixir Energy Simple Regression Price Forecast For the 25th of January

Given 90 days horizon, the Simple Regression forecasted value of Elixir Energy Limited on the next trading day is expected to be 0.03 with a mean absolute deviation of 0, mean absolute percentage error of 0.000038, and the sum of the absolute errors of 0.30.

Elixir Energy Pink Sheet Forecast Pattern

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Elixir Energy Price Prediction

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Elixir Energy Forecasted Value

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 Elixir Energy pink sheet data series using in forecasting. Note that when a statistical model is used to represent Elixir Energy 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Elixir Energy Limited historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Elixir Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elixir Energy Limited. 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 Low Estimated High 0.00 0.04 15.32 Details

Intrinsic Valuation Low Real High 0.00 0.03 15.31 Details

Bollinger Band Projection (param) Low Middle High 0 0.02 0.04 Details

Elixir Energy After-Hype Price Prediction Density Analysis

Elixir Energy Estimiated After-Hype Price Volatility

Elixir Energy Pink Sheet Price Prediction Analysis

Elixir Energy Hype Timeline

Elixir Energy Limited is currently traded for 0.04. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Elixir is projected 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 projected to be very small, whereas the daily expected return is currently at 1.91%. %. The volatility of related hype on Elixir Energy is about 0.0%, with the expected price after the next announcement by competition of 0.04. About 16.0% of the company shares are held by company insiders. The book value of Elixir Energy was currently reported as 0.05. The company recorded a loss per share of 0.0. Elixir Energy Limited had not issued any dividends in recent years. The entity had 1:25 split on the 18th of August 2016. Assuming the 90 days horizon the next projected press release will be in a few days. Check out Historical Fundamental Analysis of Elixir Energy to cross-verify your projections.

Elixir Energy Related Hype Analysis

Other Forecasting Options for Elixir Energy

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

Elixir Energy Related Equities

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Elixir Energy Market Strength Events

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Story Coverage note for Elixir Energy

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