First Farmers Pink Sheet Forecast - Polynomial Regression

FFMH Stock  USD 49.00  0.60  1.24%   
The Polynomial Regression forecasted value of First Farmers and on the next trading day is expected to be 48.63 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 20.99. First Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of First Farmers' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
First Farmers polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for First Farmers and as well as the accuracy indicators are determined from the period prices.

First Farmers Polynomial Regression Price Forecast For the 27th of December

Given 90 days horizon, the Polynomial Regression forecasted value of First Farmers and on the next trading day is expected to be 48.63 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.18, and the sum of the absolute errors of 20.99.
Please note that although there have been many attempts to predict First 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 First Farmers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

First Farmers Pink Sheet Forecast Pattern

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First Farmers Forecasted Value

In the context of forecasting First Farmers' 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. First Farmers' downside and upside margins for the forecasting period are 48.05 and 49.22, respectively. We have considered First Farmers' 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
49.00
48.63
Expected Value
49.22
Upside

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 First Farmers pink sheet data series using in forecasting. Note that when a statistical model is used to represent First Farmers 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.
AICAkaike Information Criteria116.3807
BiasArithmetic mean of the errors None
MADMean absolute deviation0.344
MAPEMean absolute percentage error0.0075
SAESum of the absolute errors20.9869
A single variable polynomial regression model attempts to put a curve through the First Farmers historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for First Farmers

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Farmers. 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
LowEstimatedHigh
48.4249.0049.58
Details
Intrinsic
Valuation
LowRealHigh
47.0247.6053.90
Details
Bollinger
Band Projection (param)
LowMiddleHigh
42.7046.5050.30
Details

Other Forecasting Options for First Farmers

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

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

First Farmers 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 First Farmers' 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 First Farmers' current price.

First Farmers Market Strength Events

Market strength indicators help investors to evaluate how First Farmers 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 First Farmers shares will generate the highest return on investment. By undertsting and applying First Farmers pink sheet market strength indicators, traders can identify First Farmers and entry and exit signals to maximize returns.

First Farmers Risk Indicators

The analysis of First Farmers' 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 First Farmers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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.
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

Other Information on Investing in First Pink Sheet

First Farmers financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Farmers security.