Lithium Australia Pink Sheet Forecast - 4 Period Moving Average
LMMFF Stock | USD 0.01 0 47.44% |
The 4 Period Moving Average forecasted value of Lithium Australia NL on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.1. Lithium Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Lithium Australia's historical fundamentals, such as revenue growth or operating cash flow patterns.
Lithium |
Lithium Australia 4 Period Moving Average Price Forecast For the 26th of November
Given 90 days horizon, the 4 Period Moving Average forecasted value of Lithium Australia NL on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.000012, and the sum of the absolute errors of 0.1.Please note that although there have been many attempts to predict Lithium 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 Lithium Australia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Lithium Australia Pink Sheet Forecast Pattern
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Lithium Australia Forecasted Value
In the context of forecasting Lithium Australia'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. Lithium Australia's downside and upside margins for the forecasting period are 0.0001 and 126.12, respectively. We have considered Lithium Australia'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Lithium Australia pink sheet data series using in forecasting. Note that when a statistical model is used to represent Lithium Australia 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 | 99.4171 |
Bias | Arithmetic mean of the errors | -1.0E-4 |
MAD | Mean absolute deviation | 0.0017 |
MAPE | Mean absolute percentage error | 4.2954 |
SAE | Sum of the absolute errors | 0.0956 |
Predictive Modules for Lithium Australia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lithium Australia. 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 Lithium Australia
For every potential investor in Lithium, whether a beginner or expert, Lithium Australia's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lithium Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lithium. Basic forecasting techniques help filter out the noise by identifying Lithium Australia's price trends.View Lithium Australia Related Equities
Risk & Return | Correlation |
Lithium Australia 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 Lithium Australia'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 Lithium Australia's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Lithium Australia Market Strength Events
Market strength indicators help investors to evaluate how Lithium Australia 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 Lithium Australia shares will generate the highest return on investment. By undertsting and applying Lithium Australia pink sheet market strength indicators, traders can identify Lithium Australia NL entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.47 | |||
Day Median Price | 0.0115 | |||
Day Typical Price | 0.0115 | |||
Price Action Indicator | 0.0019 | |||
Period Momentum Indicator | 0.0037 | |||
Relative Strength Index | 30.89 |
Lithium Australia Risk Indicators
The analysis of Lithium Australia'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 Lithium Australia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lithium 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 | 456.66 | |||
Semi Deviation | 4.99 | |||
Standard Deviation | 1883.57 | |||
Variance | 3547826.86 | |||
Downside Variance | 2630.03 | |||
Semi Variance | 24.94 | |||
Expected Short fall | (3,079) |
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 Lithium Pink Sheet
Lithium Australia financial ratios help investors to determine whether Lithium 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 Lithium with respect to the benefits of owning Lithium Australia security.