Meridian Energy Pink Sheet Forecast - Polynomial Regression
| MDDNFDelisted Stock | USD 3.43 0.00 0.00% |
The Polynomial Regression forecasted value of Meridian Energy Limited on the next trading day is expected to be 3.41 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.37. Meridian Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Meridian Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Meridian |
Meridian Energy Polynomial Regression Price Forecast For the 29th of December
Given 90 days horizon, the Polynomial Regression forecasted value of Meridian Energy Limited on the next trading day is expected to be 3.41 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.37.Please note that although there have been many attempts to predict Meridian 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 Meridian Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Meridian Energy Pink Sheet Forecast Pattern
| Backtest Meridian Energy | Meridian Energy Price Prediction | Buy or Sell Advice |
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 Meridian Energy pink sheet data series using in forecasting. Note that when a statistical model is used to represent Meridian Energy 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 | 113.312 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0552 |
| MAPE | Mean absolute percentage error | 0.015 |
| SAE | Sum of the absolute errors | 3.3661 |
Predictive Modules for Meridian 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 Meridian Energy. 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.Meridian 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 Meridian Energy pink sheet to make a market-neutral strategy. Peer analysis of Meridian Energy could also be used in its relative valuation, which is a method of valuing Meridian Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Meridian Energy Market Strength Events
Market strength indicators help investors to evaluate how Meridian Energy 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 Meridian Energy shares will generate the highest return on investment. By undertsting and applying Meridian Energy pink sheet market strength indicators, traders can identify Meridian Energy Limited entry and exit signals to maximize returns.
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in Meridian Pink Sheet
If you are still planning to invest in Meridian Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meridian Energy's history and understand the potential risks before investing.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |