Metaline Contact Pink Sheet Forecast - Naive Prediction

MTLI Stock  USD 0.07  0.00  0.00%   
The Naive Prediction forecasted value of Metaline Contact Mines on the next trading day is expected to be 0.07 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.13. Metaline Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Metaline Contact's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Metaline Contact is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Metaline Contact Mines 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.

Metaline Contact Naive Prediction Price Forecast For the 4th of December

Given 90 days horizon, the Naive Prediction forecasted value of Metaline Contact Mines on the next trading day is expected to be 0.07 with a mean absolute deviation of 0, mean absolute percentage error of 0.000011, and the sum of the absolute errors of 0.13.
Please note that although there have been many attempts to predict Metaline 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 Metaline Contact's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Metaline Contact Pink Sheet Forecast Pattern

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Metaline Contact Forecasted Value

In the context of forecasting Metaline Contact'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. Metaline Contact's downside and upside margins for the forecasting period are 0.0007 and 3.02, respectively. We have considered Metaline Contact'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
0.07
0.0007
Downside
0.07
Expected Value
3.02
Upside

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 Metaline Contact pink sheet data series using in forecasting. Note that when a statistical model is used to represent Metaline Contact 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 Criteria106.7143
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0022
MAPEMean absolute percentage error0.0258
SAESum of the absolute errors0.1341
This model is not at all useful as a medium-long range forecasting tool of Metaline Contact Mines. 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 Metaline Contact. 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 Metaline Contact

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Metaline Contact Mines. 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
0.000.073.02
Details
Intrinsic
Valuation
LowRealHigh
0.000.073.02
Details

Other Forecasting Options for Metaline Contact

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

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 Risk & Return  Correlation

Metaline Contact Mines 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 Metaline Contact'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 Metaline Contact's current price.

Metaline Contact Market Strength Events

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

Metaline Contact Risk Indicators

The analysis of Metaline Contact's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Metaline Contact's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting metaline pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
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.

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Other Information on Investing in Metaline Pink Sheet

Metaline Contact financial ratios help investors to determine whether Metaline 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 Metaline with respect to the benefits of owning Metaline Contact security.