Prime Mining OTC Stock Forward View - Simple Exponential Smoothing

Prime Mining Additional Predictive Modules

Most predictive techniques to examine Prime price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Prime using various technical indicators. When you analyze Prime 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. Prime Mining simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Prime Mining Corp are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Prime Mining Corp prices get older.

Prime Mining Simple Exponential Smoothing Price Forecast For the 22nd of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Prime Mining Corp on the next trading day is expected to be 2.61 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.28.

Prime Mining OTC Stock Forecast Pattern

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Prime Mining Price Prediction

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Prime Mining otc stock data series using in forecasting. Note that when a statistical model is used to represent Prime Mining 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. This simple exponential smoothing model begins by setting Prime Mining Corp forecast for the second period equal to the observation of the first period. In other words, recent Prime Mining observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Prime Mining

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prime Mining 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 2.61 2.61 2.61 Details

Intrinsic Valuation Low Real High 2.08 2.08 2.87 Details

Bollinger Band Projection (param) Low Middle High -0.23 2.69 5.62 Details

Prime Mining After-Hype Price Density Analysis

Prime Mining Estimiated After-Hype Price Volatility

Prime Mining OTC Stock Price Outlook Analysis

Notes

Prime Mining Hype Timeline

Prime Mining Corp is at this time traded for 2.61. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Prime is estimated 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 estimated to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Prime Mining is about 0.0%, with the expected price after the next announcement by competition of 2.61. About 19.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.15. Prime Mining Corp last dividend was issued on the 4th of September 2019. The entity had 1:2 split on the 4th of September 2019. Assuming the 90 days horizon the next estimated press release will be within a week. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Prime Mining Related Hype Analysis

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Risk & Return

Correlation

Prime Mining Market Strength Events

Prime Mining Risk Indicators

Story Coverage note for Prime Mining

Other Macroaxis Stories

Other Consideration for investing in Prime OTC Stock