Enerkon Solar Pink Sheet Forecast - Simple Regression

NTAC Stock  USD 0.0002  0.0002  50.00%   
The Simple Regression forecasted value of Enerkon Solar International on the next trading day is expected to be -0.0031 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.14. Enerkon Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Enerkon Solar stock prices and determine the direction of Enerkon Solar International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Enerkon Solar's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Enerkon Solar 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.

Enerkon Solar Simple Regression Price Forecast For the 24th of November

Given 90 days horizon, the Simple Regression forecasted value of Enerkon Solar International on the next trading day is expected to be -0.0031 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000673, and the sum of the absolute errors of 0.14.
Please note that although there have been many attempts to predict Enerkon 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 Enerkon Solar's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Enerkon Solar Pink Sheet Forecast Pattern

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Enerkon Solar Forecasted Value

In the context of forecasting Enerkon Solar'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. Enerkon Solar's downside and upside margins for the forecasting period are 0.000002 and 64.62, respectively. We have considered Enerkon Solar'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
0.0002
0.000002
Downside
-0.0031
Expected Value
64.62
Upside

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 Enerkon Solar pink sheet data series using in forecasting. Note that when a statistical model is used to represent Enerkon Solar 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 Criteria106.2021
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0023
MAPEMean absolute percentage error8.7422
SAESum of the absolute errors0.139
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 Enerkon Solar International 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 Enerkon Solar

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enerkon Solar Intern. 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
0.000.000250.01
Details
Intrinsic
Valuation
LowRealHigh
0.00050.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.00010.00020.0006
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Enerkon Solar. Your research has to be compared to or analyzed against Enerkon Solar's peers to derive any actionable benefits. When done correctly, Enerkon Solar'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 Enerkon Solar Intern.

Other Forecasting Options for Enerkon Solar

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

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

Enerkon Solar Intern 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 Enerkon Solar'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 Enerkon Solar's current price.

Enerkon Solar Market Strength Events

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

Enerkon Solar Risk Indicators

The analysis of Enerkon Solar'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 Enerkon Solar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting enerkon 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Enerkon Pink Sheet

Enerkon Solar financial ratios help investors to determine whether Enerkon 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 Enerkon with respect to the benefits of owning Enerkon Solar security.