Northern Graphite Stock Forecast - Simple Regression

Northern Graphite Additional Predictive Modules

Most predictive techniques to examine Northern price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Northern using various technical indicators. When you analyze Northern 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 Northern Graphite 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.

Northern Graphite Simple Regression Price Forecast For the 28th of January

Given 90 days horizon, the Simple Regression forecasted value of Northern Graphite on the next trading day is expected to be 0.26 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.15.

Northern Graphite Stock Forecast Pattern

Backtest Northern Graphite

Northern Graphite Price Prediction

Buy or Sell Advice

Northern Graphite Forecasted Value

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 Northern Graphite stock data series using in forecasting. Note that when a statistical model is used to represent Northern Graphite 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. 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 Northern Graphite 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 Northern Graphite

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern Graphite. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 0.02 0.38 8.71 Details

Intrinsic Valuation Low Real High 0.01 0.25 8.58 Details

Bollinger Band Projection (param) Low Middle High 0.13 0.25 0.37 Details

Northern Graphite After-Hype Price Density Analysis

Northern Graphite Estimiated After-Hype Price Volatility

Northern Graphite Stock Price Outlook Analysis

Notes

Northern Graphite Hype Timeline

Northern Graphite is now traded for 0.28on TSX Venture Exchange of Canada. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of 0.01. Northern is estimated to increase in value after the next headline, with the price projected to jump to 0.38 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is anticipated to be 35.71%, whereas the daily expected return is now at 1.13%. The volatility of related hype on Northern Graphite is about 115338.46%, with the expected price after the next announcement by competition of 0.29. Northern Graphite has accumulated 39.91 M in total debt. Northern Graphite has a current ratio of 9.77, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Northern Graphite until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Graphite's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northern Graphite sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Graphite's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next estimated press release will be in a few days. Check out Historical Fundamental Analysis of Northern Graphite to cross-verify your projections.

Northern Graphite Related Hype Analysis

Other Forecasting Options for Northern Graphite

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

Northern Graphite Related Equities

Risk & Return

Correlation

Northern Graphite Market Strength Events

Northern Graphite Risk Indicators

Story Coverage note for Northern Graphite

Other Macroaxis Stories

Additional Tools for Northern Stock Analysis