Marksmen Energy Stock Forecast - Polynomial Regression

MAH Stock  CAD 0.01  0.00  0.00%   
The Polynomial Regression forecasted value of Marksmen Energy 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. Marksmen Stock Forecast is based on your current time horizon.
  
At this time, Marksmen Energy's Property Plant And Equipment Net is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to climb to about 7.4 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 133.1 K in 2024.
Marksmen Energy polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Marksmen Energy as well as the accuracy indicators are determined from the period prices.

Marksmen Energy Polynomial Regression Price Forecast For the 25th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Marksmen Energy on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, 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 Marksmen 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 Marksmen Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Marksmen Energy Stock Forecast Pattern

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Marksmen Energy Forecasted Value

In the context of forecasting Marksmen Energy'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. Marksmen Energy's downside and upside margins for the forecasting period are 0.01 and 0.01, respectively. We have considered Marksmen Energy'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
0.01
0.01
Expected Value
0.01
Upside

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 Marksmen Energy stock data series using in forecasting. Note that when a statistical model is used to represent Marksmen Energy 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.
AICAkaike Information Criteria44.4665
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
A single variable polynomial regression model attempts to put a curve through the Marksmen Energy historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Marksmen Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Marksmen Energy. 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.
Hype
Prediction
LowEstimatedHigh
0.010.010.01
Details
Intrinsic
Valuation
LowRealHigh
0.010.010.01
Details

Other Forecasting Options for Marksmen Energy

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

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

Marksmen Energy Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Marksmen Energy'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 Marksmen Energy's current price.

Marksmen Energy Market Strength Events

Market strength indicators help investors to evaluate how Marksmen Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marksmen Energy shares will generate the highest return on investment. By undertsting and applying Marksmen Energy stock market strength indicators, traders can identify Marksmen Energy entry and exit signals to maximize returns.

Thematic Opportunities

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Additional Tools for Marksmen Stock Analysis

When running Marksmen Energy's price analysis, check to measure Marksmen Energy'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 Marksmen Energy is operating at the current time. Most of Marksmen Energy's value examination focuses on studying past and present price action to predict the probability of Marksmen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marksmen Energy's price. Additionally, you may evaluate how the addition of Marksmen Energy to your portfolios can decrease your overall portfolio volatility.