Mandalay Resources OTC Stock Forward View

Mandalay Resources Additional Predictive Modules

Most predictive techniques to examine Mandalay price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Mandalay using various technical indicators. When you analyze Mandalay 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. A naive forecasting model for Mandalay Resources is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Mandalay Resources Corp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Mandalay Resources Naive Prediction Price Forecast For the 7th of February

Given 90 days horizon, the Naive Prediction forecasted value of Mandalay Resources Corp on the next trading day is expected to be 3.83 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.59.

Mandalay Resources OTC Stock Forecast Pattern

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Mandalay Resources Price Prediction

Research Analysis

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Mandalay Resources otc stock data series using in forecasting. Note that when a statistical model is used to represent Mandalay Resources otc stock, 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. This model is not at all useful as a medium-long range forecasting tool of Mandalay Resources Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Mandalay Resources. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Mandalay 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 Mandalay Resources Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock 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 3.92 3.92 3.92 Details

Intrinsic Valuation Low Real High 3.18 3.18 4.31 Details

Bollinger Band Projection (param) Low Middle High 3.22 3.59 3.96 Details

Mandalay Resources After-Hype Price Density Analysis

Mandalay Resources Estimiated After-Hype Price Volatility

Mandalay Resources OTC Stock Price Outlook Analysis

Notes

Mandalay Resources Hype Timeline

Mandalay Resources Corp is now traded for 3.92. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Mandalay is forecasted 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 forecasted to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on Mandalay Resources is about 0.0%, with the expected price after the next announcement by competition of 3.92. About 78.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.14. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mandalay Resources Corp last dividend was issued on the 17th of May 2017. The entity had 1:10 split on the 2nd of July 2019. Assuming the 90 days horizon the next forecasted 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Mandalay Resources Related Hype Analysis

Mandalay Resources Related Equities

Risk & Return

Correlation

Mandalay Resources Market Strength Events

Mandalay Resources Risk Indicators

Story Coverage note for Mandalay Resources

Other Macroaxis Stories

Other Consideration for investing in Mandalay OTC Stock