Emera Incorporated Pink Sheet Forecast - 20 Period Moving Average
| EMRAF Stock | USD 38.12 0.07 0.18% |
The 20 Period Moving Average forecasted value of Emera Incorporated on the next trading day is expected to be 36.71 with a mean absolute deviation of 0.92 and the sum of the absolute errors of 37.53. Emera Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Emera Incorporated's historical fundamentals, such as revenue growth or operating cash flow patterns.
Emera |
Emera Incorporated 20 Period Moving Average Price Forecast For the 1st of December
Given 90 days horizon, the 20 Period Moving Average forecasted value of Emera Incorporated on the next trading day is expected to be 36.71 with a mean absolute deviation of 0.92, mean absolute percentage error of 1.04, and the sum of the absolute errors of 37.53.Please note that although there have been many attempts to predict Emera 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 Emera Incorporated's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Emera Incorporated Pink Sheet Forecast Pattern
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Emera Incorporated Forecasted Value
In the context of forecasting Emera Incorporated'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. Emera Incorporated's downside and upside margins for the forecasting period are 32.76 and 40.66, respectively. We have considered Emera Incorporated'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 Emera Incorporated pink sheet data series using in forecasting. Note that when a statistical model is used to represent Emera Incorporated 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.| AIC | Akaike Information Criteria | 81.3908 |
| Bias | Arithmetic mean of the errors | 0.0997 |
| MAD | Mean absolute deviation | 0.9154 |
| MAPE | Mean absolute percentage error | 0.0248 |
| SAE | Sum of the absolute errors | 37.5315 |
Predictive Modules for Emera Incorporated
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Emera Incorporated. 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.Other Forecasting Options for Emera Incorporated
For every potential investor in Emera, whether a beginner or expert, Emera Incorporated's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Emera Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Emera. Basic forecasting techniques help filter out the noise by identifying Emera Incorporated's price trends.View Emera Incorporated Related Equities
| Risk & Return | Correlation |
Emera Incorporated 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 Emera Incorporated'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 Emera Incorporated's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Emera Incorporated Market Strength Events
Market strength indicators help investors to evaluate how Emera Incorporated 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 Emera Incorporated shares will generate the highest return on investment. By undertsting and applying Emera Incorporated pink sheet market strength indicators, traders can identify Emera Incorporated entry and exit signals to maximize returns.
Emera Incorporated Risk Indicators
The analysis of Emera Incorporated'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 Emera Incorporated's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting emera 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.
| Mean Deviation | 1.58 | |||
| Semi Deviation | 3.59 | |||
| Standard Deviation | 3.89 | |||
| Variance | 15.13 | |||
| Downside Variance | 15.57 | |||
| Semi Variance | 12.92 | |||
| Expected Short fall | (1.58) |
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 Emera Pink Sheet
Emera Incorporated financial ratios help investors to determine whether Emera 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 Emera with respect to the benefits of owning Emera Incorporated security.