Harfang Exploration Pink Sheet Forecast - Naive Prediction

Harfang Exploration Additional Predictive Modules

Most predictive techniques to examine Harfang price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Harfang using various technical indicators. When you analyze Harfang 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 Harfang Exploration is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Harfang Exploration 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.

Harfang Exploration Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Harfang Exploration on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.36.

Harfang Exploration Pink Sheet Forecast Pattern

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Harfang Exploration Price Prediction

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Harfang Exploration 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 Harfang Exploration pink sheet data series using in forecasting. Note that when a statistical model is used to represent Harfang Exploration 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. This model is not at all useful as a medium-long range forecasting tool of Harfang Exploration. 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 Harfang Exploration. 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 Harfang Exploration

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Harfang Exploration. 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 0.06 53.16 Details

Intrinsic Valuation Low Real High 0.00 0.06 53.16 Details

Bollinger Band Projection (param) Low Middle High 0.05 0.06 0.07 Details

Harfang Exploration After-Hype Price Density Analysis

Harfang Exploration Estimiated After-Hype Price Volatility

Harfang Exploration Pink Sheet Price Outlook Analysis

Notes

Harfang Exploration Hype Timeline

Harfang Exploration is currently traded for 0.06. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.55. Harfang is forecasted to decline in value after the next headline, with the price expected to drop to 0.06. The average volatility of media hype impact on the company price is insignificant. The price reduction on the next news is expected to be -3.23%, whereas the daily expected return is currently at 8.15%. The volatility of related hype on Harfang Exploration is about 86248.71%, with the expected price after the next announcement by competition of -0.49. The company has price-to-book (P/B) ratio of 0.68. Some equities with similar Price to Book (P/B) outperform the market in the long run. Harfang Exploration recorded a loss per share of 0.04. The entity last dividend was issued on the 30th of June 2017. The firm had 1:2 split on the 19th of April 2022. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Harfang Exploration to cross-verify your projections.

Harfang Exploration Related Hype Analysis

Other Forecasting Options for Harfang Exploration

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

Harfang Exploration Related Equities

Risk & Return

Correlation

Harfang Exploration Market Strength Events

Harfang Exploration Risk Indicators

Story Coverage note for Harfang Exploration

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