Cassiar Gold Stock Forecast - Simple Regression

GLDC Stock  CAD 0.48  0.04  7.69%   
The Simple Regression forecasted value of Cassiar Gold Corp on the next trading day is expected to be 0.44 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.62. Cassiar Stock Forecast is based on your current time horizon.
At this time the relative strength momentum indicator of Cassiar Gold's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Cassiar Gold's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Cassiar Gold and does not consider all of the tangible or intangible factors available from Cassiar Gold's fundamental data. We analyze noise-free headlines and recent hype associated with Cassiar Gold Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Cassiar Gold's stock price prediction:
EPS Estimate Current Year
(0.06)
EPS Estimate Next Year
(0.08)
Wall Street Target Price
1.1875
Using Cassiar Gold hype-based prediction, you can estimate the value of Cassiar Gold Corp from the perspective of Cassiar Gold response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Cassiar Gold Corp on the next trading day is expected to be 0.44 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.62.

Cassiar Gold after-hype prediction price

    
  CAD 0.49  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Cassiar Gold to cross-verify your projections.
Payables Turnover is likely to climb to 0.48 in 2026, despite the fact that Inventory Turnover is likely to grow to (0.75). . Common Stock Shares Outstanding is likely to climb to about 152.3 M in 2026, whereas Net Loss is likely to drop (3.3 M) in 2026.

Cassiar Gold Additional Predictive Modules

Most predictive techniques to examine Cassiar price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cassiar using various technical indicators. When you analyze Cassiar 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 Cassiar Gold 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.

Cassiar Gold Simple Regression Price Forecast For the 22nd of January

Given 90 days horizon, the Simple Regression forecasted value of Cassiar Gold Corp on the next trading day is expected to be 0.44 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.62.
Please note that although there have been many attempts to predict Cassiar 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 Cassiar Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cassiar Gold Stock Forecast Pattern

Backtest Cassiar GoldCassiar Gold Price PredictionBuy or Sell Advice 

Cassiar Gold Forecasted Value

In the context of forecasting Cassiar Gold's 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. Cassiar Gold's downside and upside margins for the forecasting period are 0 and 6.71, respectively. We have considered Cassiar Gold'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
0.48
0.44
Expected Value
6.71
Upside

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 Cassiar Gold stock data series using in forecasting. Note that when a statistical model is used to represent Cassiar Gold 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 Criteria113.1106
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0261
MAPEMean absolute percentage error0.0776
SAESum of the absolute errors1.6184
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 Cassiar Gold Corp 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 Cassiar Gold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cassiar Gold Corp. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cassiar Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.020.496.71
Details
Intrinsic
Valuation
LowRealHigh
0.020.436.65
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.01-0.01-0.01
Details

Other Forecasting Options for Cassiar Gold

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

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

Cassiar Gold Corp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cassiar Gold'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 Cassiar Gold's current price.

Cassiar Gold Market Strength Events

Market strength indicators help investors to evaluate how Cassiar Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cassiar Gold shares will generate the highest return on investment. By undertsting and applying Cassiar Gold stock market strength indicators, traders can identify Cassiar Gold Corp entry and exit signals to maximize returns.

Cassiar Gold Risk Indicators

The analysis of Cassiar Gold's 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 Cassiar Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cassiar 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Cassiar Stock Analysis

When running Cassiar Gold's price analysis, check to measure Cassiar Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cassiar Gold is operating at the current time. Most of Cassiar Gold's value examination focuses on studying past and present price action to predict the probability of Cassiar Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cassiar Gold's price. Additionally, you may evaluate how the addition of Cassiar Gold to your portfolios can decrease your overall portfolio volatility.