Alphamin Res Stock Forward View - Simple Regression
| AFM Stock | CAD 1.02 -0.09 -8.11% |
Alphamin Res's Simple Regression reference page summarizes the forecasted price and model accuracy metrics derived from daily trading data. This reference information is provided for analytical context.
The Simple Regression forecasted value of Alphamin Res on the next trading day is expected to be 1.28 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.87.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 Alphamin Res historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. This Simple Regression forecast data for Alphamin Res is sourced from the most recent available trading data and is intended solely as reference information. Simple Regression Price Forecast For the 22nd of March
Given 90 days horizon, the Simple Regression forecasted value of Alphamin Res on the next trading day is expected to be 1.28 with a mean absolute deviation of 0.09 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 5.87 .Please note that although there have been many attempts to predict Alphamin Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Alphamin Res' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Alphamin Res | Alphamin Res Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates Alphamin Res' predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 0.01 on the downside to about 6.06 on the 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 Alphamin Res stock data series using in forecasting. Note that when a statistical model is used to represent Alphamin Res 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 | 115.662 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0946 |
| MAPE | Mean absolute percentage error | 0.0738 |
| SAE | Sum of the absolute errors | 5.8676 |
Other Forecasting Options for Alphamin Res
The movement of Alphamin price is the central consideration for investors deciding whether to enter or hold a position. Noise in Alphamin Stock price charts can make it difficult to distinguish meaningful trends from random fluctuations.Alphamin Res Related Equities
The following equities are related to Alphamin Res within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Alphamin Res against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Alphamin Res Market Strength Events
Investors use market strength indicators for Alphamin Res to evaluate how the stock performs relative to broader market trends. These indicators support more precise timing of Alphamin Res positions, helping investors maximize return and minimize poorly-timed trades.
| Accumulation Distribution | 224271.0 | |||
| Daily Balance Of Power | -0.82 | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 1.08 | |||
| Day Typical Price | 1.06 | |||
| Price Action Indicator | -0.10 | |||
| Period Momentum Indicator | -0.09 |
Alphamin Res Risk Indicators
A careful analysis of Alphamin Res' basic risk indicators provides context for understanding the risk environment surrounding alphamin stock. This understanding is an essential input for forecasting Alphamin Res' future price and for deciding how to manage the associated investment risk.
| Mean Deviation | 3.66 | |||
| Semi Deviation | 4.72 | |||
| Standard Deviation | 4.67 | |||
| Variance | 21.78 | |||
| Downside Variance | 25.63 | |||
| Semi Variance | 22.26 | |||
| Expected Short fall | -3.61 |
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.
Story Coverage note for Alphamin Res
Coverage intensity for Alphamin Res matters because narrative visibility can influence sentiment, participation, and volatility around the name. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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