Labrador Gold Stock Forecast - Polynomial Regression
| LAB Stock | CAD 0.13 0.00 0.00% |
Labrador Stock outlook is based on your current time horizon.
The relative strength momentum indicator of Labrador Gold's stock price is slightly above 60. 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 Labrador, making its price go up or down. Momentum 60
Buy Extended
Oversold | Overbought |
Wall Street Target Price 0.75 |
Using Labrador Gold hype-based prediction, you can estimate the value of Labrador Gold Corp from the perspective of Labrador Gold response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Labrador Gold Corp on the next trading day is expected to be 0.13 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.16. Labrador Gold after-hype prediction price | CAD 0.17 |
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.
Labrador |
Labrador Gold Additional Predictive Modules
Most predictive techniques to examine Labrador price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Labrador using various technical indicators. When you analyze Labrador 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Labrador Gold Polynomial Regression Price Forecast For the 29th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Labrador Gold Corp on the next trading day is expected to be 0.13 with a mean absolute deviation of 0, mean absolute percentage error of 0.000014, and the sum of the absolute errors of 0.16.Please note that although there have been many attempts to predict Labrador 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 Labrador Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Labrador Gold Stock Forecast Pattern
| Backtest Labrador Gold | Labrador Gold Price Prediction | Buy or Sell Advice |
Labrador Gold Forecasted Value
In the context of forecasting Labrador Gold'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. Labrador Gold's downside and upside margins for the forecasting period are 0 and 3.62, respectively. We have considered Labrador Gold'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Labrador Gold stock data series using in forecasting. Note that when a statistical model is used to represent Labrador Gold 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.| AIC | Akaike Information Criteria | 106.9537 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0026 |
| MAPE | Mean absolute percentage error | 0.0217 |
| SAE | Sum of the absolute errors | 0.1603 |
Predictive Modules for Labrador Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Labrador Gold Corp. 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.Labrador Gold After-Hype Price Density Analysis
As far as predicting the price of Labrador Gold 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 Labrador Gold 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 Labrador Gold, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Labrador Gold Estimiated After-Hype Price Volatility
In the context of predicting Labrador Gold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Labrador Gold's historical news coverage. Labrador Gold's after-hype downside and upside margins for the prediction period are 0.01 and 3.66, respectively. We have considered Labrador Gold'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
Labrador Gold is out of control at this time. Analysis and calculation of next after-hype price of Labrador Gold Corp is based on 3 months time horizon.
Labrador Gold Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Labrador Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Labrador Gold 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 Labrador Gold, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.33 | 3.49 | 1.02 | 0.07 | 6 Events / Month | 1 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.13 | 0.17 | 29.67 |
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Labrador Gold Hype Timeline
Labrador Gold Corp is now traded for 0.13on TSX Venture Exchange of Canada. The entity has historical hype elasticity of 1.02, and average elasticity to hype of competition of -0.07. Labrador is estimated to increase in value after the next headline, with the price projected to jump to 0.17 or above. The average volatility of media hype impact on the company the price is about 112.58%. The price increase on the next news is anticipated to be 29.67%, whereas the daily expected return is now at 0.33%. The volatility of related hype on Labrador Gold is about 1661.9%, with the expected price after the next announcement by competition of 0.06. Labrador Gold Corp has accumulated 281.28 K in total debt with debt to equity ratio (D/E) of 3.12, implying the company greatly relies on financing operations through barrowing. Debt can assist Labrador Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Labrador Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Labrador Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Labrador to invest in growth at high rates of return. When we think about Labrador Gold's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next estimated press release will be in about 6 days. Check out Historical Fundamental Analysis of Labrador Gold to cross-verify your projections.Labrador Gold Related Hype Analysis
Having access to credible news sources related to Labrador Gold's direct competition is more important than ever and may enhance your ability to predict Labrador Gold's future price movements. Getting to know how Labrador Gold'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 Labrador Gold may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| POND | Pond Technologies Holdings | 0.00 | 5 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AMC | Arizona Metals Corp | (0.05) | 5 per month | 2.80 | 0.06 | 6.06 | (5.88) | 16.06 | |
| MFA-P | Mayfair Acquisition | 0.00 | 4 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MMP-UN | Precious Metals And | 0.00 | 9 per month | 1.64 | 0.25 | 3.94 | (2.86) | 9.89 | |
| MU | Micron Technology | (1.67) | 10 per month | 2.99 | 0.24 | 8.86 | (5.45) | 19.72 | |
| APM | Andean Precious Metals | 0.46 | 7 per month | 3.95 | 0.13 | 8.04 | (6.72) | 24.02 |
Other Forecasting Options for Labrador Gold
For every potential investor in Labrador, whether a beginner or expert, Labrador Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Labrador Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Labrador. Basic forecasting techniques help filter out the noise by identifying Labrador Gold's price trends.Labrador Gold 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 Labrador Gold stock to make a market-neutral strategy. Peer analysis of Labrador Gold could also be used in its relative valuation, which is a method of valuing Labrador Gold by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Labrador Gold Market Strength Events
Market strength indicators help investors to evaluate how Labrador Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Labrador Gold shares will generate the highest return on investment. By undertsting and applying Labrador Gold stock market strength indicators, traders can identify Labrador Gold Corp entry and exit signals to maximize returns.
Labrador Gold Risk Indicators
The analysis of Labrador Gold'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 Labrador Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting labrador 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.
| Mean Deviation | 1.81 | |||
| Standard Deviation | 3.68 | |||
| Variance | 13.57 |
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 Labrador Gold
The number of cover stories for Labrador Gold depends on current market conditions and Labrador Gold's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Labrador Gold 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 Labrador Gold'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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Additional Tools for Labrador Stock Analysis
When running Labrador Gold's price analysis, check to measure Labrador Gold'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 Labrador Gold is operating at the current time. Most of Labrador Gold's value examination focuses on studying past and present price action to predict the probability of Labrador Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Labrador Gold's price. Additionally, you may evaluate how the addition of Labrador Gold to your portfolios can decrease your overall portfolio volatility.