EnGold Mines Pink Sheet Forecast - Simple Regression

EnGold Mines Additional Predictive Modules

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

EnGold Mines Simple Regression Price Forecast For the 24th of January

Given 90 days horizon, the Simple Regression forecasted value of EnGold Mines on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.60.

EnGold Mines Pink Sheet Forecast Pattern

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EnGold Mines 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 EnGold Mines pink sheet data series using in forecasting. Note that when a statistical model is used to represent EnGold Mines 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. 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 EnGold Mines 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 EnGold Mines

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EnGold Mines. 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 Low Estimated High 0.00 0 11.48 Details

Intrinsic Valuation Low Real High 0.00 0.01 11.49 Details

Bollinger Band Projection (param) Low Middle High -0.02 0.02 0.06 Details

EnGold Mines After-Hype Price Prediction Density Analysis

EnGold Mines Estimiated After-Hype Price Volatility

EnGold Mines Pink Sheet Price Prediction Analysis

EnGold Mines Hype Timeline

EnGold Mines is currently traded for 0. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.18. EnGold is projected to increase in value after the next headline, with the price projected to jump to 0.004112 or above. The average volatility of media hype impact on the company the price is insignificant. The price rise on the next news is estimated to be 2.81%, whereas the daily expected return is currently at -1.45%. The volatility of related hype on EnGold Mines is about 9184.0%, with the expected price after the next announcement by competition of 0.18. EnGold Mines has accumulated 60 K in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Assuming the 90 days horizon the next projected press release will be in a few days. Check out Historical Fundamental Analysis of EnGold Mines to cross-verify your projections.

EnGold Mines Related Hype Analysis

Other Forecasting Options for EnGold Mines

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

EnGold Mines Related Equities

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