Fitzroy Minerals OTC Stock Forward View - Simple Regression
| FTZFF Stock | 0.47 0.03 6.00% |
Momentum 65
Buy Extended
Oversold | Overbought |
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Fitzroy Minerals based on different types of headlines from major news networks to social media. Using Fitzroy Minerals hype-based prediction, you can estimate the value of Fitzroy Minerals from the perspective of Fitzroy Minerals response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Fitzroy Minerals on the next trading day is expected to be 0.43 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.60. Fitzroy Minerals after-hype prediction price | USD 0.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Fitzroy |
Fitzroy Minerals Additional Predictive Modules
Most predictive techniques to examine Fitzroy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fitzroy using various technical indicators. When you analyze Fitzroy 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Fitzroy Minerals Simple Regression Price Forecast For the 31st of January
Given 90 days horizon, the Simple Regression forecasted value of Fitzroy Minerals on the next trading day is expected to be 0.43 with a mean absolute deviation of 0.03, mean absolute percentage error of 0.0009, and the sum of the absolute errors of 1.60.Please note that although there have been many attempts to predict Fitzroy 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 Fitzroy Minerals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fitzroy Minerals OTC Stock Forecast Pattern
Fitzroy Minerals Forecasted Value
In the context of forecasting Fitzroy Minerals' 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. Fitzroy Minerals' downside and upside margins for the forecasting period are 0 and 5.66, respectively. We have considered Fitzroy Minerals' 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.
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 Fitzroy Minerals otc stock data series using in forecasting. Note that when a statistical model is used to represent Fitzroy Minerals 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 | 112.9531 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0259 |
| MAPE | Mean absolute percentage error | 0.0793 |
| SAE | Sum of the absolute errors | 1.6042 |
Predictive Modules for Fitzroy Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fitzroy Minerals. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fitzroy Minerals. Your research has to be compared to or analyzed against Fitzroy Minerals' peers to derive any actionable benefits. When done correctly, Fitzroy Minerals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fitzroy Minerals.Fitzroy Minerals Estimiated After-Hype Price Volatility
As far as predicting the price of Fitzroy Minerals at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Fitzroy Minerals or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of OTC Stock prices, such as prices of Fitzroy Minerals, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Fitzroy Minerals OTC Stock Price Outlook Analysis
Have you ever been surprised when a price of a OTC Stock such as Fitzroy Minerals is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fitzroy Minerals backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the OTC price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Fitzroy Minerals, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.33 | 5.23 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.47 | 0.00 | 0.00 |
|
Fitzroy Minerals Hype Timeline
Fitzroy Minerals is currently traded for 0.47. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Fitzroy is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 1.33%. %. The volatility of related hype on Fitzroy Minerals is about 0.0%, with the expected price after the next announcement by competition of 0.47. Assuming the 90 days horizon the next forecasted press release will be in a few days. 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 price.Fitzroy Minerals Related Hype Analysis
Having access to credible news sources related to Fitzroy Minerals' direct competition is more important than ever and may enhance your ability to predict Fitzroy Minerals' future price movements. Getting to know how Fitzroy Minerals' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Fitzroy Minerals may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PACXF | Pacton Gold | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SPEYF | Spey Resources Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SBMIF | Stratabound Minerals Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FLYNF | Flying Nickel Mining | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| KBGCF | Kings Bay Resources | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ALCUF | Alpha Copper Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| INCAF | Inca One Gold | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| STUPF | Straightup Resources | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GORIF | Golden Ridge Resources | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GBRCF | Gold Bull Resources | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Fitzroy Minerals
For every potential investor in Fitzroy, whether a beginner or expert, Fitzroy Minerals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fitzroy OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fitzroy. Basic forecasting techniques help filter out the noise by identifying Fitzroy Minerals' price trends.Fitzroy Minerals 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 Fitzroy Minerals otc stock to make a market-neutral strategy. Peer analysis of Fitzroy Minerals could also be used in its relative valuation, which is a method of valuing Fitzroy Minerals by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fitzroy Minerals Market Strength Events
Market strength indicators help investors to evaluate how Fitzroy Minerals 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 Fitzroy Minerals shares will generate the highest return on investment. By undertsting and applying Fitzroy Minerals otc stock market strength indicators, traders can identify Fitzroy Minerals entry and exit signals to maximize returns.
Fitzroy Minerals Risk Indicators
The analysis of Fitzroy Minerals' 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 Fitzroy Minerals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fitzroy 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 | 4.12 | |||
| Semi Deviation | 3.55 | |||
| Standard Deviation | 5.19 | |||
| Variance | 26.93 | |||
| Downside Variance | 28.81 | |||
| Semi Variance | 12.62 | |||
| Expected Short fall | (5.96) |
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.
Story Coverage note for Fitzroy Minerals
The number of cover stories for Fitzroy Minerals depends on current market conditions and Fitzroy Minerals' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Fitzroy Minerals is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Fitzroy Minerals' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios