Probe Metals OTC Stock Forecast - Naive Prediction

Probe Metals Additional Predictive Modules

Most predictive techniques to examine Probe price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Probe using various technical indicators. When you analyze Probe 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. A naive forecasting model for Probe Metals is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Probe Metals value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Probe Metals Naive Prediction Price Forecast For the 25th of January

Given 90 days horizon, the Naive Prediction forecasted value of Probe Metals on the next trading day is expected to be 2.76 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.80.

Probe Metals OTC Stock Forecast Pattern

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Probe Metals Price Prediction

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Probe Metals Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Probe Metals otc stock data series using in forecasting. Note that when a statistical model is used to represent Probe Metals 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 model is not at all useful as a medium-long range forecasting tool of Probe Metals. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Probe Metals. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Probe Metals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Probe Metals. 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 0.13 2.65 7.64 Details

Intrinsic Valuation Low Real High 0.10 2.06 7.05 Details

Bollinger Band Projection (param) Low Middle High 2.61 2.65 2.68 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Probe Metals. Your research has to be compared to or analyzed against Probe Metals' peers to derive any actionable benefits. When done correctly, Probe Metals' 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 Probe Metals.

Probe Metals After-Hype Price Prediction Density Analysis

Probe Metals Estimiated After-Hype Price Volatility

Probe Metals OTC Stock Price Prediction Analysis

Probe Metals Hype Timeline

Probe Metals is at this time traded for 2.65. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Probe is forecasted 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 forecasted to be very small, whereas the daily expected return is at this time at 0.7%. %. The volatility of related hype on Probe Metals is about 27722.22%, with the expected price after the next announcement by competition of 2.64. About 16.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.11. Probe Metals had not issued any dividends in recent years. The entity had 3334:10003 split on the 17th of March 2015. Assuming the 90 days horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Probe Metals to cross-verify your projections.

Probe Metals Related Hype Analysis

Other Forecasting Options for Probe Metals

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

Probe Metals Related Equities

Risk & Return

Correlation

Probe Metals Market Strength Events

Probe Metals Risk Indicators

Story Coverage note for Probe Metals

Other Macroaxis Stories

Other Information on Investing in Probe OTC Stock