Jaxon Mining Stock Forward View - Simple Moving Average
| JAX Stock | CAD 0.01 0.00 0.00% |
Jaxon Stock outlook is based on your current time horizon.
At this time the relative strength momentum indicator of Jaxon Mining's share price is below 20 . This 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 |
Wall Street Target Price 0.1 |
Using Jaxon Mining hype-based prediction, you can estimate the value of Jaxon Mining from the perspective of Jaxon Mining response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Jaxon Mining on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Jaxon Mining after-hype prediction price | CAD 0.01 |
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.
Jaxon |
Jaxon Mining Additional Predictive Modules
Most predictive techniques to examine Jaxon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Jaxon using various technical indicators. When you analyze Jaxon 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 | ||
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Jaxon Mining Simple Moving Average Price Forecast For the 1st of March
Given 90 days horizon, the Simple Moving Average forecasted value of Jaxon Mining on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict Jaxon Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Jaxon Mining's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Jaxon Mining Stock Forecast Pattern
| Backtest Jaxon Mining | Jaxon Mining Price Prediction | Research Analysis |
Jaxon Mining Forecasted Value
In the context of forecasting Jaxon Mining'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. Jaxon Mining's downside and upside margins for the forecasting period are 0.01 and 0.01, respectively. We have considered Jaxon Mining'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Jaxon Mining stock data series using in forecasting. Note that when a statistical model is used to represent Jaxon Mining 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 | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Jaxon 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 Jaxon Mining. 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.Jaxon Mining After-Hype Price Density Analysis
As far as predicting the price of Jaxon Mining 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 Jaxon Mining 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 Stock prices, such as prices of Jaxon Mining, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Jaxon Mining Estimiated After-Hype Price Volatility
In the context of predicting Jaxon Mining's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Jaxon Mining's historical news coverage. Jaxon Mining's after-hype downside and upside margins for the prediction period are 0.01 and 0.01, respectively. We have considered Jaxon Mining's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Jaxon Mining is very steady at this time. Analysis and calculation of next after-hype price of Jaxon Mining is based on 3 months time horizon.
Jaxon Mining Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Jaxon Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Jaxon Mining 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 Stock 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 Jaxon Mining, 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 |
0.00 | 0.00 | 0.00 | 0.00 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.01 | 0.01 | 0.00 |
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Jaxon Mining Hype Timeline
Jaxon Mining is currently traded for 0.01on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Jaxon is estimated 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 estimated to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Jaxon Mining is about 0.0%, with the expected price after the next announcement by competition of 0.01. The company has price-to-book ratio of 0.4. Some equities with similar Price to Book (P/B) outperform the market in the long run. Jaxon Mining had not issued any dividends in recent years. The entity had 125:100 split on the 30th of August 2017. Assuming the 90 days horizon the next estimated press release will be very soon. Check out Historical Fundamental Analysis of Jaxon Mining to cross-verify your projections.Jaxon Mining Related Hype Analysis
Having access to credible news sources related to Jaxon Mining's direct competition is more important than ever and may enhance your ability to predict Jaxon Mining's future price movements. Getting to know how Jaxon Mining's 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 Jaxon Mining may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SAM | Starcore International Mines | 0.05 | 4 per month | 5.49 | 0.21 | 14.41 | (12.04) | 35.95 | |
| AAN | Aton Resources | 0.09 | 3 per month | 3.70 | 0.19 | 14.00 | (9.43) | 54.46 | |
| SRL | Salazar Resources Limited | (0.01) | 4 per month | 3.19 | 0.14 | 7.14 | (4.76) | 27.79 | |
| CRI | Churchill Resources | (0.08) | 4 per month | 0.00 | (0.06) | 12.00 | (15.38) | 46.62 |
Other Forecasting Options for Jaxon Mining
For every potential investor in Jaxon, whether a beginner or expert, Jaxon Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jaxon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jaxon. Basic forecasting techniques help filter out the noise by identifying Jaxon Mining's price trends.Jaxon Mining 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 Jaxon Mining stock to make a market-neutral strategy. Peer analysis of Jaxon Mining could also be used in its relative valuation, which is a method of valuing Jaxon Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Jaxon Mining Market Strength Events
Market strength indicators help investors to evaluate how Jaxon Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jaxon Mining shares will generate the highest return on investment. By undertsting and applying Jaxon Mining stock market strength indicators, traders can identify Jaxon Mining entry and exit signals to maximize returns.
Story Coverage note for Jaxon Mining
The number of cover stories for Jaxon Mining depends on current market conditions and Jaxon Mining's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Jaxon Mining 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 Jaxon Mining's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Jaxon Stock Analysis
When running Jaxon Mining's price analysis, check to measure Jaxon Mining'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 Jaxon Mining is operating at the current time. Most of Jaxon Mining's value examination focuses on studying past and present price action to predict the probability of Jaxon Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jaxon Mining's price. Additionally, you may evaluate how the addition of Jaxon Mining to your portfolios can decrease your overall portfolio volatility.