Vendetta Mining Pink Sheet Forecast - Polynomial Regression

VDTAF Stock  USD 0.01  0.00  0.00%   
The Polynomial Regression forecasted value of Vendetta Mining Corp on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.08. Vendetta Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Vendetta Mining's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Vendetta Mining polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Vendetta Mining Corp as well as the accuracy indicators are determined from the period prices.

Vendetta Mining Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Vendetta Mining Corp on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000264, and the sum of the absolute errors of 0.08.
Please note that although there have been many attempts to predict Vendetta 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 Vendetta Mining's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Vendetta Mining Pink Sheet Forecast Pattern

Backtest Vendetta MiningVendetta Mining Price PredictionBuy or Sell Advice 

Vendetta Mining Forecasted Value

In the context of forecasting Vendetta Mining'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. Vendetta Mining's downside and upside margins for the forecasting period are 0.000076 and 69.18, respectively. We have considered Vendetta Mining'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
0.01
0.000076
Downside
0.01
Expected Value
69.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Vendetta Mining pink sheet data series using in forecasting. Note that when a statistical model is used to represent Vendetta Mining 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 Criteria105.266
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0012
MAPEMean absolute percentage error0.435
SAESum of the absolute errors0.0757
A single variable polynomial regression model attempts to put a curve through the Vendetta Mining historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Vendetta 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 Vendetta Mining Corp. 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
0.000.0150.39
Details
Intrinsic
Valuation
LowRealHigh
0.000.0150.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vendetta Mining. Your research has to be compared to or analyzed against Vendetta Mining's peers to derive any actionable benefits. When done correctly, Vendetta Mining'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 Vendetta Mining Corp.

Other Forecasting Options for Vendetta Mining

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

View Vendetta Mining Related Equities

 Risk & Return  Correlation

Vendetta Mining Corp 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 Vendetta Mining'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 Vendetta Mining's current price.

Vendetta Mining Market Strength Events

Market strength indicators help investors to evaluate how Vendetta Mining 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 Vendetta Mining shares will generate the highest return on investment. By undertsting and applying Vendetta Mining pink sheet market strength indicators, traders can identify Vendetta Mining Corp entry and exit signals to maximize returns.

Vendetta Mining Risk Indicators

The analysis of Vendetta Mining'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 Vendetta Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vendetta 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Vendetta Pink Sheet

Vendetta Mining financial ratios help investors to determine whether Vendetta 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 Vendetta with respect to the benefits of owning Vendetta Mining security.