RING ENERGY OTC Stock Forecast - Naive Prediction

RNGE Stock   0.20  0.03  17.65%   
The Naive Prediction forecasted value of RING ENERGY INC on the next trading day is expected to be 0.23 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.35. RING OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast RING ENERGY stock prices and determine the direction of RING ENERGY INC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of RING ENERGY's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the value of rsi of RING ENERGY's share price is below 20 indicating that the otc stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
RING ENERGY INC stock price prediction is an act of determining the future value of RING ENERGY shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of RING ENERGY's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of RING ENERGY and does not consider all of the tangible or intangible factors available from RING ENERGY's fundamental data. We analyze noise-free headlines and recent hype associated with RING ENERGY INC, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of RING ENERGY based on different types of headlines from major news networks to social media. Using RING ENERGY hype-based prediction, you can estimate the value of RING ENERGY INC from the perspective of RING ENERGY response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of RING ENERGY INC on the next trading day is expected to be 0.23 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.35.

RING ENERGY after-hype prediction price

    
  USD 0.2  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of RING ENERGY to cross-verify your projections.
For information on how to trade RING OTC Stock refer to our How to Trade RING OTC Stock guide.

RING ENERGY Additional Predictive Modules

Most predictive techniques to examine RING price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for RING using various technical indicators. When you analyze RING 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 RING ENERGY is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of RING ENERGY INC 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.

RING ENERGY Naive Prediction Price Forecast For the 17th of January 2026

Given 90 days horizon, the Naive Prediction forecasted value of RING ENERGY INC on the next trading day is expected to be 0.23 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000062, and the sum of the absolute errors of 0.35.
Please note that although there have been many attempts to predict RING OTC Stock 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 RING ENERGY's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

RING ENERGY OTC Stock Forecast Pattern

Backtest RING ENERGYRING ENERGY Price PredictionBuy or Sell Advice 

RING ENERGY Forecasted Value

In the context of forecasting RING ENERGY's OTC Stock 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. RING ENERGY's downside and upside margins for the forecasting period are 0 and 6.62, respectively. We have considered RING ENERGY'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
0.20
0.23
Expected Value
6.62
Upside

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 RING ENERGY otc stock data series using in forecasting. Note that when a statistical model is used to represent RING ENERGY 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.
AICAkaike Information Criteria108.4282
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0058
MAPEMean absolute percentage error0.0369
SAESum of the absolute errors0.3524
This model is not at all useful as a medium-long range forecasting tool of RING ENERGY INC. 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 RING ENERGY. 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 RING ENERGY

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RING ENERGY INC. 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
LowEstimatedHigh
0.010.206.64
Details
Intrinsic
Valuation
LowRealHigh
0.010.156.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as RING ENERGY. Your research has to be compared to or analyzed against RING ENERGY's peers to derive any actionable benefits. When done correctly, RING ENERGY'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 RING ENERGY INC.

Other Forecasting Options for RING ENERGY

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

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

RING ENERGY INC Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of RING ENERGY'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 RING ENERGY's current price.

RING ENERGY Market Strength Events

Market strength indicators help investors to evaluate how RING ENERGY otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RING ENERGY shares will generate the highest return on investment. By undertsting and applying RING ENERGY otc stock market strength indicators, traders can identify RING ENERGY INC entry and exit signals to maximize returns.

RING ENERGY Risk Indicators

The analysis of RING ENERGY'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 RING ENERGY's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ring otc stock 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 RING OTC Stock

RING ENERGY financial ratios help investors to determine whether RING OTC Stock 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 RING with respect to the benefits of owning RING ENERGY security.