First Tractor Pink Sheet Forecast - Simple Moving Average

FIRRF Stock  USD 0.63  0.00  0.00%   
The Simple Moving Average forecasted value of First Tractor on the next trading day is expected to be 0.63 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. First Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of First Tractor's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for First Tractor is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

First Tractor Simple Moving Average Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Moving Average forecasted value of First Tractor on the next trading day is expected to be 0.63 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
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 Tractor's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

First Tractor Pink Sheet Forecast Pattern

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First Tractor Forecasted Value

In the context of forecasting First Tractor'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. First Tractor's downside and upside margins for the forecasting period are 0.63 and 0.63, respectively. We have considered First Tractor'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.
Market Value
0.63
0.63
Expected Value
0.63
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of First Tractor pink sheet data series using in forecasting. Note that when a statistical model is used to represent First Tractor 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
The simple moving average model is conceptually a linear regression of the current value of First Tractor price series against current and previous (unobserved) value of First Tractor. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for First Tractor

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 Tractor. 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
0.630.630.63
Details
Intrinsic
Valuation
LowRealHigh
0.530.530.69
Details

Other Forecasting Options for First Tractor

For every potential investor in First, whether a beginner or expert, First Tractor's 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 Tractor's price trends.

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

First Tractor 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 Tractor'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 First Tractor's current price.

First Tractor Market Strength Events

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

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Other Information on Investing in First Pink Sheet

First Tractor 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 Tractor security.