First Quantum Stock Forward View - Simple Regression

First Quantum Additional Predictive Modules

Most predictive techniques to examine First price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for First using various technical indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Simple Regression model is a single variable regression model that attempts to put a straight line through First Quantum price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

First Quantum Simple Regression Price Forecast For the 6th of February

Given 90 days horizon, the Simple Regression forecasted value of First Quantum Minerals on the next trading day is expected to be 42.62 with a mean absolute deviation of 1.21, mean absolute percentage error of 2.43, and the sum of the absolute errors of 74.98.

First Quantum Stock Forecast Pattern

Backtest First Quantum

First Quantum Price Prediction

Research Analysis

First Quantum Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of First Quantum stock data series using in forecasting. Note that when a statistical model is used to represent First Quantum 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as First Quantum Minerals historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for First Quantum

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 Quantum Minerals. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Low Estimated High 34.72 37.42 40.12 Details

Intrinsic Valuation Low Real High 33.48 36.18 38.88 Details

Bollinger Band Projection (param) Low Middle High 37.26 40.07 42.89 Details

Earnings Estimates (0) Low Projected EPS High 0.01 0.08 0.04 Details

First Quantum After-Hype Price Density Analysis

First Quantum Estimiated After-Hype Price Volatility

First Quantum Stock Price Outlook Analysis

Notes

First Quantum Hype Timeline

First Quantum Minerals is currently traded for 37.57on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.15, and average elasticity to hype of competition of 0.15. First is anticipated to decline in value after the next headline, with the price expected to drop to 37.42. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -0.4%, whereas the daily expected return is currently at 0.43%. The volatility of related hype on First Quantum is about 769.01%, with the expected price after the next announcement by competition of 37.72. About 19.0% of the company shares are held by company insiders. The book value of First Quantum was currently reported as 18.71. The company last dividend was issued on the 25th of August 2023. First Quantum Minerals had 5:1 split on the 9th of August 2011. Assuming the 90 days horizon the next anticipated press release will be in about 6 days. Check out Historical Fundamental Analysis of First Quantum to cross-verify your projections.

First Quantum Related Hype Analysis

Other Forecasting Options for First Quantum

For every potential investor in First, whether a beginner or expert, First Quantum's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First Stock 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 Quantum's price trends.

First Quantum Related Equities

Risk & Return

Correlation

First Quantum Market Strength Events

First Quantum Risk Indicators

Story Coverage note for First Quantum

First Quantum Short Properties

Other Information on Investing in First Stock

Balance Sheet Statement Details

Profit & Loss Statement Details

Cash Flow Statement Details

Financial Indicators Details

Valuation Indicators Details