True North Pink Sheet Forecast - Naive Prediction

True North Additional Predictive Modules

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

True North Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of True North Gems on the next trading day is expected to be 0.09 with a mean absolute deviation of 0, mean absolute percentage error of 0.0000077, and the sum of the absolute errors of 0.12.

True North Pink Sheet Forecast Pattern

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True North Price Prediction

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True North 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 True North pink sheet data series using in forecasting. Note that when a statistical model is used to represent True North 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. This model is not at all useful as a medium-long range forecasting tool of True North Gems. 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 True North. 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 True North

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as True North Gems. 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 Low Estimated High 0.01 0.11 1.93 Details

Intrinsic Valuation Low Real High 0.00 0.09 1.91 Details

Bollinger Band Projection (param) Low Middle High 0.09 0.1 0.10 Details

True North After-Hype Price Prediction Density Analysis

True North Estimiated After-Hype Price Volatility

True North Pink Sheet Price Prediction Analysis

True North Hype Timeline

True North Gems is at this time traded for 0.09. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.01. True is expected to increase in value after the next headline, with the price projected to jump to 0.11 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is estimated to be 19.57%, whereas the daily expected return is at this time at -0.4%. The volatility of related hype on True North is about 7583.33%, with the expected price after the next announcement by competition of 0.10. True North Gems has accumulated 6.21 M in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. True North Gems has a current ratio of 143.04, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist True North until it has trouble settling it off, either with new capital or with free cash flow. So, True North's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like True North Gems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for True to invest in growth at high rates of return. When we think about True North's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next expected press release will be in about 19 days. Check out Historical Fundamental Analysis of True North to cross-verify your projections.

True North Related Hype Analysis

Other Forecasting Options for True North

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

True North Related Equities

Risk & Return

Correlation

True North Market Strength Events

True North Risk Indicators

Story Coverage note for True North

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True North Short Properties

Other Information on Investing in True Pink Sheet