MMJ Group Pink Sheet Forecast - Simple Regression

MMJ Group Additional Predictive Modules

Most predictive techniques to examine MMJ price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MMJ using various technical indicators. When you analyze MMJ 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. Simple Regression model is a single variable regression model that attempts to put a straight line through MMJ Group price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

MMJ Group Simple Regression Price Forecast For the 28th of January

Given 90 days horizon, the Simple Regression forecasted value of MMJ Group Holdings on the next trading day is expected to be 0.04 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000662, and the sum of the absolute errors of 0.1.

MMJ Group Pink Sheet Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of MMJ Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent MMJ Group 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as MMJ Group Holdings historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for MMJ Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MMJ Group Holdings. 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.

Hype Prediction Low Estimated High 0.00 0.04 2.95 Details

Intrinsic Valuation Low Real High 0.00 0.04 2.95 Details

Bollinger Band Projection (param) Low Middle High 0.04 0.04 0.04 Details

MMJ Group After-Hype Price Density Analysis

MMJ Group Estimiated After-Hype Price Volatility

MMJ Group Pink Sheet Price Outlook Analysis

Notes

MMJ Group Hype Timeline

MMJ Group Holdings is now traded for 0.04. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. MMJ is forecasted to decline in value after the next headline, with the price expected to drop to 0.04. The average volatility of media hype impact on the company price is insignificant. The price reduction on the next news is expected to be -5.44%, whereas the daily expected return is now at -0.19%. The volatility of related hype on MMJ Group is about 0.0%, with the expected price after the next announcement by competition of 0.04. About 19.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.67. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MMJ Group Holdings recorded a loss per share of 0.02. The entity had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of MMJ Group to cross-verify your projections.

MMJ Group Related Hype Analysis

Other Forecasting Options for MMJ Group

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

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