Stria Lithium Pink Sheet Forecast - Naive Prediction

SRCAF Stock  USD 0.04  0.00  0.00%   
The Naive Prediction forecasted value of Stria Lithium on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.37. Stria Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Stria Lithium's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Stria Lithium is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Stria Lithium 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.

Stria Lithium Naive Prediction Price Forecast For the 24th of November

Given 90 days horizon, the Naive Prediction forecasted value of Stria Lithium on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000053, and the sum of the absolute errors of 0.37.
Please note that although there have been many attempts to predict Stria Pink Sheet 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 Stria Lithium's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Stria Lithium Pink Sheet Forecast Pattern

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Stria Lithium Forecasted Value

In the context of forecasting Stria Lithium's Pink Sheet 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. Stria Lithium's downside and upside margins for the forecasting period are 0.0004 and 11.95, respectively. We have considered Stria Lithium'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
0.04
0.0004
Downside
0.03
Expected Value
11.95
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 Stria Lithium pink sheet data series using in forecasting. Note that when a statistical model is used to represent Stria Lithium pink sheet, 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 Criteria108.264
BiasArithmetic mean of the errors None
MADMean absolute deviation0.006
MAPEMean absolute percentage error0.1462
SAESum of the absolute errors0.3656
This model is not at all useful as a medium-long range forecasting tool of Stria Lithium. 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 Stria Lithium. 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 Stria Lithium

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stria Lithium. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
0.000.0412.06
Details
Intrinsic
Valuation
LowRealHigh
0.000.0412.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Stria Lithium. Your research has to be compared to or analyzed against Stria Lithium's peers to derive any actionable benefits. When done correctly, Stria Lithium'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 Stria Lithium.

Other Forecasting Options for Stria Lithium

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

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 Risk & Return  Correlation

Stria Lithium Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Stria Lithium'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 Stria Lithium's current price.

Stria Lithium Market Strength Events

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

Stria Lithium Risk Indicators

The analysis of Stria Lithium'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 Stria Lithium's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stria pink sheet 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.

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Other Information on Investing in Stria Pink Sheet

Stria Lithium financial ratios help investors to determine whether Stria Pink Sheet 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 Stria with respect to the benefits of owning Stria Lithium security.