E79 Resources OTC Stock Forecast - 4 Period Moving Average

ESVNF Stock  USD 0.01  0.0001  1.49%   
The 4 Period Moving Average forecasted value of E79 Resources Corp on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.10. E79 OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of E79 Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for E79 Resources Corp is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

E79 Resources 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of E79 Resources Corp on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.00001, and the sum of the absolute errors of 0.10.
Please note that although there have been many attempts to predict E79 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 E79 Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

E79 Resources OTC Stock Forecast Pattern

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E79 Resources Forecasted Value

In the context of forecasting E79 Resources' 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. E79 Resources' downside and upside margins for the forecasting period are 0.000066 and 17.37, respectively. We have considered E79 Resources' 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
0.01
0.000066
Downside
0.01
Expected Value
17.37
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of E79 Resources otc stock data series using in forecasting. Note that when a statistical model is used to represent E79 Resources 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.
AICAkaike Information Criteria99.2722
BiasArithmetic mean of the errors 2.0E-4
MADMean absolute deviation0.0018
MAPEMean absolute percentage error0.174
SAESum of the absolute errors0.1009
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of E79 Resources. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for E79 Resources Corp and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for E79 Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as E79 Resources Corp. 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.
Hype
Prediction
LowEstimatedHigh
0.000.0117.37
Details
Intrinsic
Valuation
LowRealHigh
0.000.0117.37
Details

Other Forecasting Options for E79 Resources

For every potential investor in E79, whether a beginner or expert, E79 Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. E79 OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in E79. Basic forecasting techniques help filter out the noise by identifying E79 Resources' price trends.

E79 Resources 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 E79 Resources otc stock to make a market-neutral strategy. Peer analysis of E79 Resources could also be used in its relative valuation, which is a method of valuing E79 Resources by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

E79 Resources Corp 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 E79 Resources' 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 E79 Resources' current price.

E79 Resources Market Strength Events

Market strength indicators help investors to evaluate how E79 Resources 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 E79 Resources shares will generate the highest return on investment. By undertsting and applying E79 Resources otc stock market strength indicators, traders can identify E79 Resources Corp entry and exit signals to maximize returns.

E79 Resources Risk Indicators

The analysis of E79 Resources' 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 E79 Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting e79 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.
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 E79 OTC Stock

E79 Resources financial ratios help investors to determine whether E79 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 E79 with respect to the benefits of owning E79 Resources security.