European Metals OTC Stock Forecast - Polynomial Regression
| ERPNFDelisted Stock | USD 0.55 0.00 0.00% |
The Polynomial Regression forecasted value of European Metals Holdings on the next trading day is expected to be 0.47 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.52. European OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of European Metals' historical fundamentals, such as revenue growth or operating cash flow patterns.
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European Metals Polynomial Regression Price Forecast For the 3rd of December
Given 90 days horizon, the Polynomial Regression forecasted value of European Metals Holdings on the next trading day is expected to be 0.47 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.52.Please note that although there have been many attempts to predict European 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 European Metals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
European Metals OTC Stock Forecast Pattern
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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 European Metals otc stock data series using in forecasting. Note that when a statistical model is used to represent European Metals 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 | 111.2294 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.025 |
| MAPE | Mean absolute percentage error | 0.0496 |
| SAE | Sum of the absolute errors | 1.5232 |
Predictive Modules for European Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as European Metals Holdings. 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.View European Metals Related Equities
| Risk & Return | Correlation |
European Metals Market Strength Events
Market strength indicators help investors to evaluate how European Metals 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 European Metals shares will generate the highest return on investment. By undertsting and applying European Metals otc stock market strength indicators, traders can identify European Metals Holdings entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0877 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.54 | |||
| Day Typical Price | 0.55 | |||
| Market Facilitation Index | 0.05 | |||
| Price Action Indicator | 0.005 |
European Metals Risk Indicators
The analysis of European Metals' 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 European Metals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting european 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 | 2.74 | |||
| Semi Deviation | 2.6 | |||
| Standard Deviation | 4.22 | |||
| Variance | 17.81 | |||
| Downside Variance | 23.74 | |||
| Semi Variance | 6.76 | |||
| Expected Short fall | (6.15) |
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.
Currently Active Assets on Macroaxis
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in European OTC Stock
If you are still planning to invest in European Metals Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the European Metals' history and understand the potential risks before investing.
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