Keweenaw Land Pink Sheet Forecast - Naive Prediction

KEWL Stock  USD 43.00  3.00  7.50%   
Keweenaw Pink Sheet outlook is based on your current time horizon.
The relative strength index (RSI) of Keweenaw Land's share price is above 70 as of now. This indicates that the pink sheet is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Keweenaw, making its price go up or down.

Momentum 73

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Keweenaw Land'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 Keweenaw Land and does not consider all of the tangible or intangible factors available from Keweenaw Land's fundamental data. We analyze noise-free headlines and recent hype associated with Keweenaw Land Association, which may create opportunities for some arbitrage if properly timed.
Using Keweenaw Land hype-based prediction, you can estimate the value of Keweenaw Land Association from the perspective of Keweenaw Land response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Keweenaw Land Association on the next trading day is expected to be 43.88 with a mean absolute deviation of 0.49 and the sum of the absolute errors of 30.05.

Keweenaw Land after-hype prediction price

    
  USD 43.0  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Keweenaw Land to cross-verify your projections.

Keweenaw Land Additional Predictive Modules

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

Keweenaw Land Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of Keweenaw Land Association on the next trading day is expected to be 43.88 with a mean absolute deviation of 0.49, mean absolute percentage error of 0.40, and the sum of the absolute errors of 30.05.
Please note that although there have been many attempts to predict Keweenaw 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 Keweenaw Land's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Keweenaw Land Pink Sheet Forecast Pattern

Backtest Keweenaw Land  Keweenaw Land Price Prediction  Buy or Sell Advice  

Keweenaw Land Forecasted Value

In the context of forecasting Keweenaw Land'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. Keweenaw Land's downside and upside margins for the forecasting period are 41.50 and 46.27, respectively. We have considered Keweenaw Land'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
43.00
43.88
Expected Value
46.27
Upside

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 Keweenaw Land pink sheet data series using in forecasting. Note that when a statistical model is used to represent Keweenaw Land 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 Criteria117.1827
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4926
MAPEMean absolute percentage error0.0145
SAESum of the absolute errors30.0507
This model is not at all useful as a medium-long range forecasting tool of Keweenaw Land Association. 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 Keweenaw Land. 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 Keweenaw Land

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Keweenaw Land Association. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Keweenaw Land's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
40.6243.0045.38
Details
Intrinsic
Valuation
LowRealHigh
41.7444.1246.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
27.4335.8044.17
Details

Keweenaw Land After-Hype Price Density Analysis

As far as predicting the price of Keweenaw Land 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 Keweenaw Land 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 Pink Sheet prices, such as prices of Keweenaw Land, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Keweenaw Land Estimiated After-Hype Price Volatility

In the context of predicting Keweenaw Land's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Keweenaw Land's historical news coverage. Keweenaw Land's after-hype downside and upside margins for the prediction period are 40.62 and 45.38, respectively. We have considered Keweenaw Land'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
43.00
43.00
After-hype Price
45.38
Upside
Keweenaw Land is very steady at this time. Analysis and calculation of next after-hype price of Keweenaw Land Association is based on 3 months time horizon.

Keweenaw Land Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Keweenaw Land is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Keweenaw Land 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 Pink Sheet 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 Keweenaw Land, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.29 
2.38
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
43.00
43.00
0.00 
0.00  
Notes

Keweenaw Land Hype Timeline

Keweenaw Land Association is now traded for 43.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Keweenaw is anticipated 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 anticipated to be very small, whereas the daily expected return is now at 0.29%. %. The volatility of related hype on Keweenaw Land is about 0.0%, with the expected price after the next announcement by competition of 43.00. The company recorded earning per share (EPS) of 87.33. Keweenaw Land Association last dividend was issued on the 3rd of January 2022. The entity had 2:1 split on the 16th of February 2011. Given the investment horizon of 90 days the next anticipated press release will be uncertain.
Check out Historical Fundamental Analysis of Keweenaw Land to cross-verify your projections.

Keweenaw Land Related Hype Analysis

Having access to credible news sources related to Keweenaw Land's direct competition is more important than ever and may enhance your ability to predict Keweenaw Land's future price movements. Getting to know how Keweenaw Land'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 Keweenaw Land 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
ICLTFGreenFirst Forest Products 0.00 0 per month 5.44 (0) 8.70 (9.34) 30.91 
WSZWFWesizwe Platinum Limited 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
WRSLFWinsome Resources Limited 0.00 0 per month 5.66  0.14  20.00 (13.33) 111.05 
AZLAFArizona Lithium Limited 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
EQTRFAltamira Gold Corp 0.00 0 per month 3.62  0.04  11.76 (5.88) 30.88 
PGLDFP2 Gold 0.00 0 per month 1.99  0.32  10.64 (3.85) 28.38 
AGMRFSilver Mountain Resources 0.00 0 per month 4.06  0.19  11.67 (7.66) 22.55 
ELRFFEastern Platinum Limited 0.00 0 per month 5.97  0.25  17.65 (9.52) 50.19 
HDGHFHaydale Graphene Industries 0.00 0 per month 9.97  0.04  16.88 (17.20) 75.38 
SHERFSherritt International 0.00 0 per month 3.53  0.22  11.11 (10.00) 35.53 

Other Forecasting Options for Keweenaw Land

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

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

Keweenaw Land Market Strength Events

Market strength indicators help investors to evaluate how Keweenaw Land 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 Keweenaw Land shares will generate the highest return on investment. By undertsting and applying Keweenaw Land pink sheet market strength indicators, traders can identify Keweenaw Land Association entry and exit signals to maximize returns.

Keweenaw Land Risk Indicators

The analysis of Keweenaw Land'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 Keweenaw Land's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting keweenaw pink sheet 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 Keweenaw Land

The number of cover stories for Keweenaw Land depends on current market conditions and Keweenaw Land's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Keweenaw Land 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 Keweenaw Land'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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Other Information on Investing in Keweenaw Pink Sheet

Keweenaw Land financial ratios help investors to determine whether Keweenaw 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 Keweenaw with respect to the benefits of owning Keweenaw Land security.