Valmie Resources Stock Forecast - Naive Prediction
| VMRI Stock | USD 0.0001 0.00 0.00% |
The Naive Prediction forecasted value of Valmie Resources on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Valmie Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Valmie Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
Valmie |
Valmie Resources Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Valmie Resources' financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2010-12-31 | Previous Quarter 301.5 K | Current Value 316.6 K | Quarterly Volatility 126.4 K |
Valmie Resources Naive Prediction Price Forecast For the 23rd of November
Given 90 days horizon, the Naive Prediction forecasted value of Valmie Resources on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Valmie Stock 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 Valmie Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Valmie Resources Stock Forecast Pattern
| Backtest Valmie Resources | Valmie Resources Price Prediction | Buy or Sell Advice |
Valmie Resources Forecasted Value
In the context of forecasting Valmie Resources' Stock 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. Valmie Resources' downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Valmie Resources' 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.
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 Valmie Resources stock data series using in forecasting. Note that when a statistical model is used to represent Valmie Resources 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.| AIC | Akaike Information Criteria | 30.385 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Valmie Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Valmie Resources. 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.Other Forecasting Options for Valmie Resources
For every potential investor in Valmie, whether a beginner or expert, Valmie Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Valmie Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Valmie. Basic forecasting techniques help filter out the noise by identifying Valmie Resources' price trends.Valmie Resources Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Valmie Resources stock to make a market-neutral strategy. Peer analysis of Valmie Resources could also be used in its relative valuation, which is a method of valuing Valmie Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Valmie Resources Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Valmie Resources' 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 Valmie Resources' current price.| Cycle Indicators | ||
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Valmie Resources Market Strength Events
Market strength indicators help investors to evaluate how Valmie Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Valmie Resources shares will generate the highest return on investment. By undertsting and applying Valmie Resources stock market strength indicators, traders can identify Valmie Resources entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Currently Active Assets on Macroaxis
When determining whether Valmie Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valmie Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Valmie Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valmie Resources Stock:Check out Historical Fundamental Analysis of Valmie Resources to cross-verify your projections. For more detail on how to invest in Valmie Stock please use our How to Invest in Valmie Resources guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Valmie Resources. If investors know Valmie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Valmie Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (1.59) | Return On Equity (34.74) |
The market value of Valmie Resources is measured differently than its book value, which is the value of Valmie that is recorded on the company's balance sheet. Investors also form their own opinion of Valmie Resources' value that differs from its market value or its book value, called intrinsic value, which is Valmie Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Valmie Resources' market value can be influenced by many factors that don't directly affect Valmie Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Valmie Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Valmie Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valmie Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.