Micromem Technologies OTC Stock Forward View - 20 Period Moving Average
| MMTIF OTC | USD 0.02 -0.0035 -17.50% |
20 Period Moving Average is applied to Micromem Technologies's daily closing prices, and the resulting forecast is presented with accuracy metrics. Wide deviation between fitted and observed values suggests the model's assumptions may not match current market conditions. These values update automatically with each new closing price. AIC measures relative model quality — lower AIC values indicate a better-fitting model. The 20 Period Moving Average model projects Micromem Technologies at 0.02 for the next trading day, above the most recent closing price. This 20 Period Moving Average output is provided as analytical reference and does not constitute a trading recommendation.
20 Period Moving Average Price Forecast For the 9th of May
Over a 90-day horizon, the 20 Period Moving Average model forecasts Micromem Technologies at 0.02 for the next trading day, with a mean absolute deviation of 0.0041 , mean absolute percentage error of 0.19 , and sum of absolute errors of 0.17 .This indicates limited forecast accuracy — the model does not closely track Micromem Technologies' recent price behavior. This output is intended for short-term analytical reference.
OTC Stock Forecast Pattern
| Backtest Micromem Technologies | Micromem Technologies Price Prediction | Research Analysis |
Forecasted Value
The projected range for Micromem Technologies reflects the model's ability to define credible downside and upside scenarios for the next trading day. The model places downside around 0.0002 and upside around 14.58 for the next session. The wide range indicates elevated uncertainty in short-term projections.
Model Predictive Factors
The table below summarizes the 20 Period Moving Average model's error metrics for Micromem Technologies otc stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 72.4146 |
| Bias | Arithmetic mean of the errors | 0.0019 |
| MAD | Mean absolute deviation | 0.0041 |
| MAPE | Mean absolute percentage error | 0.1887 |
| SAE | Sum of the absolute errors | 0.1728 |
Other Forecasting Options for Micromem Technologies
The distribution of Micromem Technologies' daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This reveals hidden support and resistance zones in Micromem Technologies' chart that simple price charts miss. The slope of Micromem Technologies' linear regression channel quantifies trend direction and strength over a chosen lookback period. Divergences between OBV and price foreshadow trend changes in Micromem.Micromem Technologies Related Equities
Investors studying Micromem Technologies often look at related stocks within the Information Technology space to gauge pricing and results. Looking at Micromem Technologies' pricing multiples next to these peers shows if the stock trades at a premium or discount.
| Risk & Return | Correlation |
Micromem Technologies Market Strength Events
Market strength indicators for Micromem Technologies otc stock provide a framework for assessing security responsiveness. A rising Accumulation/Distribution line alongside rising price confirms institutional buying interest in Micromem Technologies. Median and Typical Price smooth out intraday extremes, providing a cleaner reference level for evaluating Micromem Technologies sessions. Persistent divergence between momentum indicators and price often precedes trend reversals in Micromem Technologies.
| Accumulation Distribution | 16258.19 | |||
| Daily Balance Of Power | -1.52 | |||
| Rate Of Daily Change | 0.83 | |||
| Day Median Price | 0.0177 | |||
| Day Typical Price | 0.0173 | |||
| Price Action Indicator | -0.0029 | |||
| Period Momentum Indicator | -0.0035 | |||
| Relative Strength Index | 38.81 |
Micromem Technologies Risk Indicators
Assessing Micromem Technologies' risk indicators is a structured way to evaluate the risk-return trade-off for micromem otc stock. The level of risk embedded in Micromem Technologies' feeds directly into exposure calibration. Comparing Micromem Technologies' downside variance to total variance reveals whether the risk profile is skewed toward losses. These risk measures complement the price analysis above by framing how dispersed recent returns have been.
| Mean Deviation | 6.17 | |||
| Semi Deviation | 9.52 | |||
| Standard Deviation | 14.11 | |||
| Variance | 198.99 | |||
| Downside Variance | 526.41 | |||
| Semi Variance | 90.7 | |||
| Expected Short fall | -29.14 |
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.
More Resources for Micromem OTC Stock Analysis
Financial ratios represent how different financial values are linked for Micromem Technologies. They reflect how financial results tie into valuation measures.