Inventus Mining OTC Stock Forecast - Naive Prediction

Inventus Mining Additional Predictive Modules

Most predictive techniques to examine Inventus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Inventus using various technical indicators. When you analyze Inventus 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. A naive forecasting model for Inventus Mining is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Inventus Mining Corp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Inventus Mining Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Inventus Mining Corp on the next trading day is expected to be 0.25 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 1.03.

Inventus Mining OTC Stock Forecast Pattern

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Inventus Mining Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Inventus Mining otc stock data series using in forecasting. Note that when a statistical model is used to represent Inventus Mining 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. This model is not at all useful as a medium-long range forecasting tool of Inventus Mining Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Inventus Mining. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Inventus Mining

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inventus Mining Corp. 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.

Hype Prediction Low Estimated High 0.01 0.24 13.62 Details

Intrinsic Valuation Low Real High 0.01 0.19 13.57 Details

Bollinger Band Projection (param) Low Middle High 0.17 0.21 0.26 Details

Inventus Mining After-Hype Price Density Analysis

Inventus Mining Estimiated After-Hype Price Volatility

Inventus Mining OTC Stock Price Outlook Analysis

Notes

Inventus Mining Hype Timeline

Inventus Mining Corp is currently traded for 0.24. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Inventus is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at 1.2%. %. The volatility of related hype on Inventus Mining is about 0.0%, with the expected price after the next announcement by competition of 0.24. About 35.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.02. Inventus Mining Corp had not issued any dividends in recent years. The entity had 1:2 split on the 12th of May 2016. Assuming the 90 days horizon the next anticipated press release will be in a few days. Check out Historical Fundamental Analysis of Inventus Mining to cross-verify your projections.

Inventus Mining Related Hype Analysis

Other Forecasting Options for Inventus Mining

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

Inventus Mining Related Equities

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Correlation

Inventus Mining Market Strength Events

Inventus Mining Risk Indicators

Story Coverage note for Inventus Mining

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