Western Magnesium Pink Sheet Forward View - Simple Exponential Smoothing
Western Pink Sheet outlook is based on your current time horizon. We recommend always using this module together with an analysis of Western Magnesium's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 1st of February 2026 the relative strength index (rsi) of Western Magnesium's share price is below 20 . This indicates that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Western Magnesium hype-based prediction, you can estimate the value of Western Magnesium from the perspective of Western Magnesium response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Western Magnesium on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Western Magnesium after-hype prediction price | USD 0.0 |
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Western |
Western Magnesium Additional Predictive Modules
Most predictive techniques to examine Western price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Western using various technical indicators. When you analyze Western 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 |
Western Magnesium Simple Exponential Smoothing Price Forecast For the 2nd of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Western Magnesium on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict Western 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 Western Magnesium's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Western Magnesium Pink Sheet Forecast Pattern
| Backtest Western Magnesium | Western Magnesium Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Western Magnesium pink sheet data series using in forecasting. Note that when a statistical model is used to represent Western Magnesium 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 | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Western Magnesium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Western Magnesium. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Western Magnesium's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Western Magnesium Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Western Magnesium is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Western Magnesium 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 Pink Sheet 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 Western Magnesium, 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 |
0.00 | 0.00 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.00 | 0.00 | 0.00 |
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Western Magnesium Hype Timeline
Western Magnesium is now traded for 0.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Western is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on Western Magnesium is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company recorded a loss per share of 0.08. Western Magnesium had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be uncertain. 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 services.Western Magnesium Related Hype Analysis
Having access to credible news sources related to Western Magnesium's direct competition is more important than ever and may enhance your ability to predict Western Magnesium's future price movements. Getting to know how Western Magnesium'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 Western Magnesium may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NQMIY | NQ Minerals Plc | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BHBSY | PT Berkah Beton | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MNDJF | Mandalay Resources Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| LMGDF | Lumina Gold Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MCRZF | Mincor Resources NL | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CDSAF | Cydsa SAB De | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| PLL | Piedmont Lithium | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| LRSRF | Latin Resources Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| TPRXF | Gran Colombia Gold | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| STQNF | Strandline Resources Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Western Magnesium 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 Western Magnesium pink sheet to make a market-neutral strategy. Peer analysis of Western Magnesium could also be used in its relative valuation, which is a method of valuing Western Magnesium by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Story Coverage note for Western Magnesium
The number of cover stories for Western Magnesium depends on current market conditions and Western Magnesium's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Western Magnesium 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 Western Magnesium'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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Western Magnesium Short Properties
Western Magnesium's future price predictability will typically decrease when Western Magnesium's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Western Magnesium often depends not only on the future outlook of the potential Western Magnesium's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Western Magnesium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 392.9 M | |
| Cash And Short Term Investments | 462.4 K |
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 services. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Western Pink Sheet
If you are still planning to invest in Western Magnesium 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 Western Magnesium's history and understand the potential risks before investing.
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