Jura Energy Pink Sheet Forecast - Simple Regression

JECFF Stock  USD 0.03  0.00  0.00%   
The Simple Regression forecasted value of Jura Energy on the next trading day is expected to be 0.03 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Jura Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Jura Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Jura Energy 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.

Jura Energy Simple Regression Price Forecast For the 29th of November

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

Jura Energy Pink Sheet Forecast Pattern

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Jura Energy Forecasted Value

In the context of forecasting Jura Energy's Pink Sheet 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. Jura Energy's downside and upside margins for the forecasting period are 0.03 and 0.03, respectively. We have considered Jura Energy'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
0.03
0.03
Expected Value
0.03
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 Jura Energy pink sheet data series using in forecasting. Note that when a statistical model is used to represent Jura Energy 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.
AICAkaike Information Criteria42.9388
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
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 Jura Energy 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 Jura Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jura Energy. 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
LowEstimatedHigh
0.020.030.03
Details
Intrinsic
Valuation
LowRealHigh
0.020.020.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jura Energy. Your research has to be compared to or analyzed against Jura Energy's peers to derive any actionable benefits. When done correctly, Jura Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jura Energy.

Other Forecasting Options for Jura Energy

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

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Jura Energy Technical and Predictive Analytics

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

Jura Energy Market Strength Events

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

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Other Information on Investing in Jura Pink Sheet

Jura Energy financial ratios help investors to determine whether Jura Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jura with respect to the benefits of owning Jura Energy security.