Wilton Resources Pink Sheet Forecast - Naive Prediction
WLTNF Stock | USD 0.56 0.00 0.00% |
The Naive Prediction forecasted value of Wilton Resources on the next trading day is expected to be 0.51 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.95. Wilton Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Wilton Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
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Wilton Resources Naive Prediction Price Forecast For the 14th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of Wilton Resources on the next trading day is expected to be 0.51 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 0.95.Please note that although there have been many attempts to predict Wilton 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 Wilton Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wilton Resources Pink Sheet Forecast Pattern
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Wilton Resources Forecasted Value
In the context of forecasting Wilton Resources' 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. Wilton Resources' downside and upside margins for the forecasting period are 0.01 and 5.58, respectively. We have considered Wilton 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 Wilton Resources pink sheet data series using in forecasting. Note that when a statistical model is used to represent Wilton Resources 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.AIC | Akaike Information Criteria | 110.408 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0156 |
MAPE | Mean absolute percentage error | 0.037 |
SAE | Sum of the absolute errors | 0.9499 |
Predictive Modules for Wilton 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 Wilton Resources. 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.Other Forecasting Options for Wilton Resources
For every potential investor in Wilton, whether a beginner or expert, Wilton Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wilton Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wilton. Basic forecasting techniques help filter out the noise by identifying Wilton Resources' price trends.View Wilton Resources Related Equities
Risk & Return | Correlation |
Wilton Resources 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 Wilton 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 Wilton Resources' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
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Overlap Studies | ||
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Price Transform | ||
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Volume Indicators |
Wilton Resources Market Strength Events
Market strength indicators help investors to evaluate how Wilton Resources 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 Wilton Resources shares will generate the highest return on investment. By undertsting and applying Wilton Resources pink sheet market strength indicators, traders can identify Wilton Resources entry and exit signals to maximize returns.
Wilton Resources Risk Indicators
The analysis of Wilton Resources' 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 Wilton Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wilton 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.
Mean Deviation | 1.76 | |||
Standard Deviation | 4.99 | |||
Variance | 24.92 |
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 Wilton Pink Sheet
Wilton Resources financial ratios help investors to determine whether Wilton 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 Wilton with respect to the benefits of owning Wilton Resources security.