Minth Group Pink Sheet Forecast - Polynomial Regression

MNTHF Stock  USD 1.95  0.00  0.00%   
The Polynomial Regression forecasted value of Minth Group Limited on the next trading day is expected to be 1.95 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Minth Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Minth Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Minth Group polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Minth Group Limited as well as the accuracy indicators are determined from the period prices.

Minth Group Polynomial Regression Price Forecast For the 26th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Minth Group Limited on the next trading day is expected to be 1.95 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Minth 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 Minth Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Minth Group Pink Sheet Forecast Pattern

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Minth Group Forecasted Value

In the context of forecasting Minth Group's 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. Minth Group's downside and upside margins for the forecasting period are 1.95 and 1.95, respectively. We have considered Minth Group's 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.
Market Value
1.95
1.95
Expected Value
1.95
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Minth Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent Minth 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.
AICAkaike Information Criteria53.0456
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
A single variable polynomial regression model attempts to put a curve through the Minth Group historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Minth 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 Minth Group Limited. 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
LowEstimatedHigh
1.951.951.95
Details
Intrinsic
Valuation
LowRealHigh
1.951.951.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Minth Group. Your research has to be compared to or analyzed against Minth Group's peers to derive any actionable benefits. When done correctly, Minth Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Minth Group Limited.

Other Forecasting Options for Minth Group

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

Minth Group 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 Minth Group pink sheet to make a market-neutral strategy. Peer analysis of Minth Group could also be used in its relative valuation, which is a method of valuing Minth Group by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Minth Group Limited 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 Minth Group's 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 Minth Group's current price.

Minth Group Market Strength Events

Market strength indicators help investors to evaluate how Minth Group 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 Minth Group shares will generate the highest return on investment. By undertsting and applying Minth Group pink sheet market strength indicators, traders can identify Minth Group Limited entry and exit signals to maximize returns.

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Other Information on Investing in Minth Pink Sheet

Minth Group financial ratios help investors to determine whether Minth 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 Minth with respect to the benefits of owning Minth Group security.