Medallion Resources Pink Sheet Forecast - 20 Period Moving Average
| MLLOF Stock | USD 0.06 0.01 12.00% |
The 20 Period Moving Average forecasted value of Medallion Resources on the next trading day is expected to be 0.06 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.31. Medallion Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Medallion Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
Medallion |
Medallion Resources 20 Period Moving Average Price Forecast For the 28th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Medallion Resources on the next trading day is expected to be 0.06 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000086, and the sum of the absolute errors of 0.31.Please note that although there have been many attempts to predict Medallion 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 Medallion Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Medallion Resources Pink Sheet Forecast Pattern
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Medallion Resources Forecasted Value
In the context of forecasting Medallion 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. Medallion Resources' downside and upside margins for the forecasting period are 0.0006 and 12.19, respectively. We have considered Medallion 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Medallion Resources pink sheet data series using in forecasting. Note that when a statistical model is used to represent Medallion 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 | 71.9919 |
| Bias | Arithmetic mean of the errors | 0.004 |
| MAD | Mean absolute deviation | 0.0076 |
| MAPE | Mean absolute percentage error | 0.1375 |
| SAE | Sum of the absolute errors | 0.3102 |
Predictive Modules for Medallion 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 Medallion 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 Medallion Resources
For every potential investor in Medallion, whether a beginner or expert, Medallion Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Medallion Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Medallion. Basic forecasting techniques help filter out the noise by identifying Medallion Resources' price trends.View Medallion Resources Related Equities
| Risk & Return | Correlation |
Medallion 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 Medallion 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 Medallion Resources' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Medallion Resources Market Strength Events
Market strength indicators help investors to evaluate how Medallion 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 Medallion Resources shares will generate the highest return on investment. By undertsting and applying Medallion Resources pink sheet market strength indicators, traders can identify Medallion Resources entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.12 | |||
| Day Median Price | 0.056 | |||
| Day Typical Price | 0.056 | |||
| Price Action Indicator | 0.003 | |||
| Period Momentum Indicator | 0.006 | |||
| Relative Strength Index | 57.53 |
Medallion Resources Risk Indicators
The analysis of Medallion 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 Medallion Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting medallion 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 | 7.91 | |||
| Semi Deviation | 9.53 | |||
| Standard Deviation | 11.91 | |||
| Variance | 141.8 | |||
| Downside Variance | 143.41 | |||
| Semi Variance | 90.8 | |||
| Expected Short fall | (11.01) |
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 Medallion Pink Sheet
Medallion Resources financial ratios help investors to determine whether Medallion 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 Medallion with respect to the benefits of owning Medallion Resources security.