MCEWEN MINING Stock Forward View - Simple Regression

MCEWEN MINING Additional Predictive Modules

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

MCEWEN MINING Simple Regression Price Forecast For the 7th of February

Given 90 days horizon, the Simple Regression forecasted value of MCEWEN MINING INC on the next trading day is expected to be 21.64 with a mean absolute deviation of 0.92, mean absolute percentage error of 1.40, and the sum of the absolute errors of 56.17.

MCEWEN MINING Stock Forecast Pattern

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MCEWEN MINING Forecasted Value

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 MCEWEN MINING stock data series using in forecasting. Note that when a statistical model is used to represent MCEWEN MINING 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 MCEWEN MINING INC 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 MCEWEN MINING

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MCEWEN MINING INC. 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 17.67 22.30 26.93 Details

Intrinsic Valuation Low Real High 15.87 20.50 25.13 Details

Bollinger Band Projection (param) Low Middle High 12.70 17.97 23.23 Details

MCEWEN MINING After-Hype Price Density Analysis

MCEWEN MINING Estimiated After-Hype Price Volatility

MCEWEN MINING Stock Price Outlook Analysis

Notes

MCEWEN MINING Hype Timeline

MCEWEN MINING INC is at this time traded for 22.40on Frankfurt Exchange of Germany. The entity has historical hype elasticity of -0.08, and average elasticity to hype of competition of 0.22. MCEWEN is estimated to decline in value after the next headline, with the price expected to drop to 22.3. 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 -0.45%, whereas the daily expected return is at this time at 0.82%. The volatility of related hype on MCEWEN MINING is about 1669.6%, with the expected price after the next announcement by competition of 22.62. About 14.0% of the company outstanding shares are owned by insiders. The book value of MCEWEN MINING was at this time reported as 7.59. The company recorded a loss per share of 0.2. MCEWEN MINING INC last dividend was issued on the 7th of March 2019. The entity had 1:10 split on the 28th of July 2022. Assuming the 90 days horizon the next estimated press release will be in about 10 days. Check out Historical Fundamental Analysis of MCEWEN MINING to cross-verify your projections. For more detail on how to invest in MCEWEN Stock please use our How to Invest in MCEWEN MINING guide.

MCEWEN MINING Related Hype Analysis

Other Forecasting Options for MCEWEN MINING

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

MCEWEN MINING Related Equities

Risk & Return

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MCEWEN MINING Market Strength Events

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