Sokoman Minerals Stock Forward View - Simple Regression

Sokoman Minerals Additional Predictive Modules

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

Sokoman Minerals Simple Regression Price Forecast For the 24th of February

Given 90 days horizon, the Simple Regression forecasted value of Sokoman Minerals Corp on the next trading day is expected to be 0.27 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.79.

Sokoman Minerals Stock Forecast Pattern

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Sokoman Minerals Price Prediction

Research Analysis

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 Sokoman Minerals stock data series using in forecasting. Note that when a statistical model is used to represent Sokoman Minerals 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 Sokoman Minerals 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 Sokoman Minerals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sokoman Minerals Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 0.27 5.75 Details

Intrinsic Valuation Low Real High 0.01 0.21 5.69 Details

Bollinger Band Projection (param) Low Middle High -0.04 0.27 0.58 Details

Sokoman Minerals After-Hype Price Density Analysis

Sokoman Minerals Estimiated After-Hype Price Volatility

Sokoman Minerals Stock Price Outlook Analysis

Notes

Sokoman Minerals Hype Timeline

Sokoman Minerals Corp is at this time traded for 0.28on TSX Venture Exchange of Canada. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.17. Sokoman is estimated to decline in value after the next headline, with the price expected to drop to 0.27. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -3.57%, whereas the daily expected return is at this time at 1.11%. The volatility of related hype on Sokoman Minerals is about 3653.33%, with the expected price after the next announcement by competition of 0.11. About 24.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.01. Sokoman Minerals Corp last dividend was issued on the 2nd of November 2006. The entity had 1:10 split on the 1st of October 2013. Assuming the 90 days horizon the next estimated press release will be in about 4 days. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

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