NanoTech Gaming Pink Sheet Forecast - Simple Regression

NTGL Stock  USD 0.0001  0.00  0.00%   
The Simple Regression forecasted value of NanoTech Gaming on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00000349 and the sum of the absolute errors of 0.0002. NanoTech Pink Sheet Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through NanoTech Gaming 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.

NanoTech Gaming Simple Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Regression forecasted value of NanoTech Gaming on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00000349, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0002.
Please note that although there have been many attempts to predict NanoTech 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 NanoTech Gaming's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

NanoTech Gaming Pink Sheet Forecast Pattern

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NanoTech Gaming Forecasted Value

In the context of forecasting NanoTech Gaming'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. NanoTech Gaming's downside and upside margins for the forecasting period are 0.000001 and 125.82, respectively. We have considered NanoTech Gaming'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
0.0001
0.000001
Downside
0.0001
Expected Value
125.82
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 NanoTech Gaming pink sheet data series using in forecasting. Note that when a statistical model is used to represent NanoTech Gaming 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 Criteria95.5428
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors2.0E-4
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 NanoTech Gaming 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 NanoTech Gaming

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NanoTech Gaming. 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
0.000.000150.01
Details
Intrinsic
Valuation
LowRealHigh
0.000.00006350.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00010.00010.0001
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NanoTech Gaming. Your research has to be compared to or analyzed against NanoTech Gaming's peers to derive any actionable benefits. When done correctly, NanoTech Gaming'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 NanoTech Gaming.

Other Forecasting Options for NanoTech Gaming

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

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

NanoTech Gaming 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 NanoTech Gaming'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 NanoTech Gaming's current price.

NanoTech Gaming Market Strength Events

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

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Other Information on Investing in NanoTech Pink Sheet

NanoTech Gaming financial ratios help investors to determine whether NanoTech 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 NanoTech with respect to the benefits of owning NanoTech Gaming security.