Xinjiang Goldwind Pink Sheet Forecast - Simple Regression

XJNGF Stock  USD 0.76  0.04  5.00%   
The Simple Regression forecasted value of Xinjiang Goldwind Science on the next trading day is expected to be 0.92 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.43. Xinjiang Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Xinjiang Goldwind's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Xinjiang Goldwind 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.

Xinjiang Goldwind Simple Regression Price Forecast For the 25th of November

Given 90 days horizon, the Simple Regression forecasted value of Xinjiang Goldwind Science on the next trading day is expected to be 0.92 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.43.
Please note that although there have been many attempts to predict Xinjiang 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 Xinjiang Goldwind's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Xinjiang Goldwind Pink Sheet Forecast Pattern

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Xinjiang Goldwind Forecasted Value

In the context of forecasting Xinjiang Goldwind'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. Xinjiang Goldwind's downside and upside margins for the forecasting period are 0.01 and 7.21, respectively. We have considered Xinjiang Goldwind'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
0.76
0.92
Expected Value
7.21
Upside

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 Xinjiang Goldwind pink sheet data series using in forecasting. Note that when a statistical model is used to represent Xinjiang Goldwind 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 Criteria113.0845
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0562
MAPEMean absolute percentage error0.076
SAESum of the absolute errors3.4287
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 Xinjiang Goldwind Science 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 Xinjiang Goldwind

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xinjiang Goldwind Science. 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
0.040.767.06
Details
Intrinsic
Valuation
LowRealHigh
0.030.656.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Xinjiang Goldwind. Your research has to be compared to or analyzed against Xinjiang Goldwind's peers to derive any actionable benefits. When done correctly, Xinjiang Goldwind'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 Xinjiang Goldwind Science.

Other Forecasting Options for Xinjiang Goldwind

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

Xinjiang Goldwind 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 Xinjiang Goldwind pink sheet to make a market-neutral strategy. Peer analysis of Xinjiang Goldwind could also be used in its relative valuation, which is a method of valuing Xinjiang Goldwind by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Xinjiang Goldwind Science 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 Xinjiang Goldwind'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 Xinjiang Goldwind's current price.

Xinjiang Goldwind Market Strength Events

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

Xinjiang Goldwind Risk Indicators

The analysis of Xinjiang Goldwind'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 Xinjiang Goldwind's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xinjiang 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.

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Other Information on Investing in Xinjiang Pink Sheet

Xinjiang Goldwind financial ratios help investors to determine whether Xinjiang 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 Xinjiang with respect to the benefits of owning Xinjiang Goldwind security.