Phenom Resources OTC Stock Forward View - Simple Regression

Phenom Resources Additional Predictive Modules

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

Phenom Resources Simple Regression Price Forecast For the 7th of February

Given 90 days horizon, the Simple Regression forecasted value of Phenom Resources Corp on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.85.

Phenom Resources OTC Stock Forecast Pattern

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Phenom Resources Price Prediction

Research Analysis

Phenom Resources 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 Phenom Resources otc stock data series using in forecasting. Note that when a statistical model is used to represent Phenom Resources otc 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 Phenom Resources Corp 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 Phenom Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phenom Resources Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 0.01 0.20 6.27 Details

Intrinsic Valuation Low Real High 0.01 0.16 6.23 Details

Bollinger Band Projection (param) Low Middle High 0.13 0.17 0.22 Details

Phenom Resources After-Hype Price Density Analysis

Phenom Resources Estimiated After-Hype Price Volatility

Phenom Resources OTC Stock Price Outlook Analysis

Notes

Phenom Resources Hype Timeline

Phenom Resources Corp is at this time traded for 0.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Phenom is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.27%. %. The volatility of related hype on Phenom Resources is about 0.0%, with the expected price after the next announcement by competition of 0.20. The company has price-to-book ratio of 1.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Phenom Resources Corp recorded a loss per share of 0.03. The entity last dividend was issued on the 22nd of September 2017. The firm had 1:2 split on the 22nd of September 2017. Assuming the 90 days horizon the next expected press release will be within a week. Check out Historical Fundamental Analysis of Phenom Resources to cross-verify your projections.

Phenom Resources Related Hype Analysis

Other Forecasting Options for Phenom Resources

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

Phenom Resources Related Equities

Risk & Return

Correlation

Phenom Resources Market Strength Events

Phenom Resources Risk Indicators

Story Coverage note for Phenom Resources

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Other Information on Investing in Phenom OTC Stock