Keyera Corp Pink Sheet Forecast - Simple Moving Average

KEYUF Stock  USD 33.07  1.12  3.28%   
The Simple Moving Average forecasted value of Keyera Corp on the next trading day is expected to be 33.63 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 17.67. Keyera Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Keyera Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for Keyera Corp is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Keyera Corp Simple Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Keyera Corp on the next trading day is expected to be 33.63 with a mean absolute deviation of 0.30, mean absolute percentage error of 0.15, and the sum of the absolute errors of 17.67.
Please note that although there have been many attempts to predict Keyera 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 Keyera Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Keyera Corp Pink Sheet Forecast Pattern

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Keyera Corp Forecasted Value

In the context of forecasting Keyera Corp'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. Keyera Corp's downside and upside margins for the forecasting period are 32.62 and 34.64, respectively. We have considered Keyera Corp'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
33.07
33.63
Expected Value
34.64
Upside

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 Keyera Corp pink sheet data series using in forecasting. Note that when a statistical model is used to represent Keyera Corp 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 Criteria112.5557
BiasArithmetic mean of the errors -0.1058
MADMean absolute deviation0.2996
MAPEMean absolute percentage error0.0095
SAESum of the absolute errors17.675
The simple moving average model is conceptually a linear regression of the current value of Keyera Corp price series against current and previous (unobserved) value of Keyera Corp. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Keyera Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Keyera Corp. 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 Keyera Corp'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
33.1834.1935.20
Details
Intrinsic
Valuation
LowRealHigh
30.7738.8439.85
Details
Bollinger
Band Projection (param)
LowMiddleHigh
30.4532.5134.57
Details

Other Forecasting Options for Keyera Corp

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

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

Keyera Corp 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 Keyera Corp'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 Keyera Corp's current price.

Keyera Corp Market Strength Events

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

Keyera Corp Risk Indicators

The analysis of Keyera Corp'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 Keyera Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting keyera 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.

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Other Information on Investing in Keyera Pink Sheet

Keyera Corp financial ratios help investors to determine whether Keyera 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 Keyera with respect to the benefits of owning Keyera Corp security.