Juggernaut Exploration Stock Forecast - Simple Exponential Smoothing

JUGR Stock  CAD 1.72  0.01  0.58%   
The Simple Exponential Smoothing forecasted value of Juggernaut Exploration on the next trading day is expected to be 1.72 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.67. Juggernaut Stock Forecast is based on your current time horizon.
The relative strength momentum indicator of Juggernaut Exploration's stock price is slightly above 62. This indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Juggernaut, making its price go up or down.

Momentum 62

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Juggernaut Exploration's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Juggernaut Exploration and does not consider all of the tangible or intangible factors available from Juggernaut Exploration's fundamental data. We analyze noise-free headlines and recent hype associated with Juggernaut Exploration, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Juggernaut Exploration's stock price prediction:
Quarterly Earnings Growth
0.67
Using Juggernaut Exploration hype-based prediction, you can estimate the value of Juggernaut Exploration from the perspective of Juggernaut Exploration response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Juggernaut Exploration on the next trading day is expected to be 1.72 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.67.

Juggernaut Exploration after-hype prediction price

    
  CAD 1.65  
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.
  
Check out Historical Fundamental Analysis of Juggernaut Exploration to cross-verify your projections.

Juggernaut Exploration Additional Predictive Modules

Most predictive techniques to examine Juggernaut price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Juggernaut using various technical indicators. When you analyze Juggernaut 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.
Juggernaut Exploration simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Juggernaut Exploration are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Juggernaut Exploration prices get older.

Juggernaut Exploration Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Juggernaut Exploration on the next trading day is expected to be 1.72 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.67.
Please note that although there have been many attempts to predict Juggernaut Stock 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 Juggernaut Exploration's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Juggernaut Exploration Stock Forecast Pattern

Backtest Juggernaut ExplorationJuggernaut Exploration Price PredictionBuy or Sell Advice 

Juggernaut Exploration Forecasted Value

In the context of forecasting Juggernaut Exploration'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. Juggernaut Exploration's downside and upside margins for the forecasting period are 0.02 and 6.26, respectively. We have considered Juggernaut Exploration'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
1.72
1.72
Expected Value
6.26
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Juggernaut Exploration stock data series using in forecasting. Note that when a statistical model is used to represent Juggernaut Exploration 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.
AICAkaike Information Criteria112.4115
BiasArithmetic mean of the errors -0.0113
MADMean absolute deviation0.0438
MAPEMean absolute percentage error0.0325
SAESum of the absolute errors2.67
This simple exponential smoothing model begins by setting Juggernaut Exploration forecast for the second period equal to the observation of the first period. In other words, recent Juggernaut Exploration observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Juggernaut 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 Juggernaut Exploration. 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.
Hype
Prediction
LowEstimatedHigh
0.081.656.19
Details
Intrinsic
Valuation
LowRealHigh
0.081.546.08
Details

Juggernaut Exploration After-Hype Price Prediction Density Analysis

As far as predicting the price of Juggernaut Exploration 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 Juggernaut Exploration 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 Juggernaut Exploration, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Juggernaut Exploration Estimiated After-Hype Price Volatility

In the context of predicting Juggernaut Exploration's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Juggernaut Exploration's historical news coverage. Juggernaut Exploration's after-hype downside and upside margins for the prediction period are 0.08 and 6.19, respectively. We have considered Juggernaut Exploration'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
1.72
1.65
After-hype Price
6.19
Upside
Juggernaut Exploration is dangerous at this time. Analysis and calculation of next after-hype price of Juggernaut Exploration is based on 3 months time horizon.

Juggernaut Exploration Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Juggernaut Exploration is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Juggernaut Exploration 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 Juggernaut Exploration, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.94 
4.54
  0.07 
  0.01 
5 Events / Month
2 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.72
1.65
4.07 
6,486  
Notes

Juggernaut Exploration Hype Timeline

Juggernaut Exploration is currently traded for 1.72on TSX Venture Exchange of Canada. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of -0.01. Juggernaut is forecasted to decline in value after the next headline, with the price expected to drop to 1.65. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -4.07%, whereas the daily expected return is currently at 0.94%. The volatility of related hype on Juggernaut Exploration is about 34923.08%, with the expected price after the next announcement by competition of 1.71. The book value of the company was currently reported as 0.81. The company recorded a loss per share of 0.01. Juggernaut Exploration last dividend was issued on the 17th of October 2019. The entity had 1:10 split on the 13th of March 2025. Assuming the 90 days trading horizon the next forecasted press release will be in about 5 days.
Check out Historical Fundamental Analysis of Juggernaut Exploration to cross-verify your projections.

Juggernaut Exploration Related Hype Analysis

Having access to credible news sources related to Juggernaut Exploration's direct competition is more important than ever and may enhance your ability to predict Juggernaut Exploration's future price movements. Getting to know how Juggernaut Exploration'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 Juggernaut Exploration may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CCECommerce Resources Corp 0.00 2 per month 10.16  0.03  15.79 (14.81) 69.08 
SAMStarcore International Mines(0.02)7 per month 3.85  0.22  13.85 (5.56) 21.24 
EAMEast Africa Metals(0.01)2 per month 4.39  0.01  10.00 (9.09) 25.87 
SMNSun Summit Minerals(0.01)5 per month 0.00 (0.06) 7.69 (7.69) 23.81 
TVITVI Pacific 0.00 0 per month 0.00  0.03  25.00 (20.00) 53.33 
MNManganese X Energy(0.02)3 per month 6.04  0.1  18.18 (8.33) 51.67 
ATYAtico Mining(0.13)3 per month 4.32  0.05  10.00 (8.70) 30.08 
PLANProgressive Planet Solutions(0.01)2 per month 2.87  0.1  7.41 (6.67) 15.69 
QZMQuartz Mountain Resources 0.03 3 per month 5.38  0.08  8.51 (9.78) 36.13 
MTSMetallis Resources 0.04 5 per month 0.00 (0.1) 11.11 (7.14) 70.47 

Other Forecasting Options for Juggernaut Exploration

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

Juggernaut Exploration 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 Juggernaut Exploration stock to make a market-neutral strategy. Peer analysis of Juggernaut Exploration could also be used in its relative valuation, which is a method of valuing Juggernaut Exploration by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Juggernaut Exploration Market Strength Events

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

Juggernaut Exploration Risk Indicators

The analysis of Juggernaut Exploration's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Juggernaut Exploration's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting juggernaut stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
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.

Story Coverage note for Juggernaut Exploration

The number of cover stories for Juggernaut Exploration depends on current market conditions and Juggernaut Exploration's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Juggernaut Exploration 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 Juggernaut Exploration's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for Juggernaut Stock Analysis

When running Juggernaut Exploration's price analysis, check to measure Juggernaut Exploration'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 Juggernaut Exploration is operating at the current time. Most of Juggernaut Exploration's value examination focuses on studying past and present price action to predict the probability of Juggernaut Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Juggernaut Exploration's price. Additionally, you may evaluate how the addition of Juggernaut Exploration to your portfolios can decrease your overall portfolio volatility.