King Resources Pink Sheet Forecast - Simple Regression
KRFG Stock | USD 0.0001 0.0001 50.00% |
The Simple Regression forecasted value of King Resources on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.00004 and the sum of the absolute errors of 0. King Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of King Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
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King Resources Simple Regression Price Forecast For the 29th of November
Given 90 days horizon, the Simple Regression forecasted value of King Resources on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.00004, 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 King 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 King Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
King Resources Pink Sheet Forecast Pattern
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King Resources Forecasted Value
In the context of forecasting King Resources' 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. King Resources' downside and upside margins for the forecasting period are 0.000001 and 42.59, respectively. We have considered King Resources' 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.
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 King Resources pink sheet data series using in forecasting. Note that when a statistical model is used to represent King Resources 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.AIC | Akaike Information Criteria | 98.0834 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0 |
MAPE | Mean absolute percentage error | 0.3009 |
SAE | Sum of the absolute errors | 0.0024 |
Predictive Modules for King Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as King Resources. 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.Other Forecasting Options for King Resources
For every potential investor in King, whether a beginner or expert, King Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. King Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in King. Basic forecasting techniques help filter out the noise by identifying King Resources' price trends.View King Resources Related Equities
Risk & Return | Correlation |
King Resources 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 King Resources' 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 King Resources' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
King Resources Market Strength Events
Market strength indicators help investors to evaluate how King Resources 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 King Resources shares will generate the highest return on investment. By undertsting and applying King Resources pink sheet market strength indicators, traders can identify King Resources entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.5 | |||
Day Median Price | 1.0E-4 | |||
Day Typical Price | 1.0E-4 | |||
Price Action Indicator | (0.00005) | |||
Period Momentum Indicator | (0.0001) |
King Resources Risk Indicators
The analysis of King Resources' 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 King Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting king 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.
Mean Deviation | 28.24 | |||
Semi Deviation | 22.2 | |||
Standard Deviation | 43.75 | |||
Variance | 1914.34 | |||
Downside Variance | 2750.0 | |||
Semi Variance | 493.06 | |||
Expected Short fall | (100.00) |
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 King Pink Sheet
King Resources financial ratios help investors to determine whether King 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 King with respect to the benefits of owning King Resources security.