Jiangxi Copper Pink Sheet Forward View - Simple Moving Average
| JIAXF Pink Sheet | USD 4.71 -0.03 -0.63% |
Simple Moving Average is applied to Jiangxi Copper's daily closing prices, and the resulting forecast is presented with accuracy metrics. Wide deviation between fitted and observed values suggests the model's assumptions may not match current market conditions. The Simple Moving Average model projects Jiangxi Copper at 4.71 for the next trading day, at the most recent closing price. This Simple Moving Average output is provided as analytical reference and does not constitute a trading recommendation.
Simple Moving Average Price Forecast For the 8th of May
Over a 90-day horizon, the Simple Moving Average model forecasts Jiangxi Copper at 4.71 for the next trading day, with a mean absolute deviation of 0.15 , mean absolute percentage error of 0.03 , and sum of absolute errors of 8.71 .This represents a tight forecast with good short-term tracking of Jiangxi Copper's price movement. This output is intended for short-term analytical reference.
Pink Sheet Forecast Pattern
| Backtest Jiangxi Copper | Jiangxi Copper Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast range for Jiangxi Copper defines statistically derived downside and upside boundaries based on model performance. The projected band runs from roughly 1.77 on the downside to about 7.65 on the upside. The wide range indicates elevated uncertainty in short-term projections.
Model Predictive Factors
The table below summarizes the Simple Moving Average model's error metrics for Jiangxi Copper pink sheet. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 113.2703 |
| Bias | Arithmetic mean of the errors | -0.0197 |
| MAD | Mean absolute deviation | 0.1451 |
| MAPE | Mean absolute percentage error | 0.0289 |
| SAE | Sum of the absolute errors | 8.705 |
Other Forecasting Options for Jiangxi Copper
Jiangxi Copper's daily price returns decompose into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Jiangxi Copper often signals an upcoming reversal or acceleration.Jiangxi Copper Related Equities
The peer firms below within the Copper space frame Jiangxi Copper's pricing and running costs in context. Return on equity across these peers shows how well each firm turns capital into profit.
| Risk & Return | Correlation |
Jiangxi Copper Market Strength Events
Market strength indicators for Jiangxi Copper pink sheet provide a framework for assessing security responsiveness. A rising Accumulation/Distribution line alongside rising price confirms institutional buying interest in Jiangxi Copper.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 4.71 | |||
| Day Typical Price | 4.71 | |||
| Price Action Indicator | -0.01 | |||
| Period Momentum Indicator | -0.03 | |||
| Relative Strength Index | 51.29 |
Jiangxi Copper Risk Indicators
Assessing Jiangxi Copper's risk indicators is a structured way to evaluate the risk-return trade-off for jiangxi copper pink sheet. The level of risk embedded in Jiangxi Copper's feeds directly into exposure calibration.
| Mean Deviation | 1.78 | |||
| Standard Deviation | 3.07 | |||
| Variance | 9.43 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
More Resources for Jiangxi Copper Pink Sheet Analysis
Financial ratios highlight how financial values interact within Jiangxi Copper. These metrics link profitability, liquidity, and valuation signals.