Apex Mining Stock Forecast - Simple Regression
| APX Stock | 15.20 0.08 0.53% |
Apex Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Apex Mining stock prices and determine the direction of Apex Mining Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Apex Mining's historical fundamentals, such as revenue growth or operating cash flow patterns.
The value of RSI of Apex Mining's stock price is about 68. This suggests that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Apex, making its price go up or down. Momentum 68
Buy Stretched
Oversold | Overbought |
Using Apex Mining hype-based prediction, you can estimate the value of Apex Mining Co from the perspective of Apex Mining response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Apex Mining Co on the next trading day is expected to be 14.53 with a mean absolute deviation of 0.48 and the sum of the absolute errors of 29.56. Apex Mining after-hype prediction price | PHP 15.2 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Apex |
Apex Mining Additional Predictive Modules
Most predictive techniques to examine Apex price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Apex using various technical indicators. When you analyze Apex charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Apex Mining Simple Regression Price Forecast For the 27th of January
Given 90 days horizon, the Simple Regression forecasted value of Apex Mining Co on the next trading day is expected to be 14.53 with a mean absolute deviation of 0.48, mean absolute percentage error of 0.35, and the sum of the absolute errors of 29.56.Please note that although there have been many attempts to predict Apex 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 Apex Mining's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Apex Mining Stock Forecast Pattern
| Backtest Apex Mining | Apex Mining Price Prediction | Buy or Sell Advice |
Apex Mining Forecasted Value
In the context of forecasting Apex Mining's 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. Apex Mining's downside and upside margins for the forecasting period are 11.08 and 17.98, respectively. We have considered Apex 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.
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 Apex Mining stock data series using in forecasting. Note that when a statistical model is used to represent Apex Mining 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 | 117.0613 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4846 |
| MAPE | Mean absolute percentage error | 0.0442 |
| SAE | Sum of the absolute errors | 29.563 |
Predictive Modules for Apex 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 Apex Mining. 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.Apex Mining After-Hype Price Density Analysis
As far as predicting the price of Apex Mining at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Apex Mining or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Apex Mining, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Apex Mining Estimiated After-Hype Price Volatility
In the context of predicting Apex Mining's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Apex Mining's historical news coverage. Apex Mining's after-hype downside and upside margins for the prediction period are 11.75 and 18.65, respectively. We have considered Apex Mining's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Apex Mining is somewhat reliable at this time. Analysis and calculation of next after-hype price of Apex Mining is based on 3 months time horizon.
Apex Mining Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Apex Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Apex Mining backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Apex Mining, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.98 | 3.45 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
15.20 | 15.20 | 0.00 |
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Apex Mining Hype Timeline
Apex Mining is presently traded for 15.20on Philippine Stock Exchange of Philippines. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Apex is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.98%. %. The volatility of related hype on Apex Mining is about 0.0%, with the expected price after the next announcement by competition of 15.20. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Apex Mining to cross-verify your projections.Apex Mining Related Hype Analysis
Having access to credible news sources related to Apex Mining's direct competition is more important than ever and may enhance your ability to predict Apex Mining's future price movements. Getting to know how Apex Mining's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Apex Mining may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SLF | Sun Life Financial | 0.00 | 0 per month | 1.66 | 0.03 | 2.93 | (2.84) | 11.47 | |
| APX | Apex Mining Co | 0.00 | 0 per month | 3.06 | 0.11 | 7.19 | (3.91) | 13.81 | |
| JFC | Jollibee Foods Corp | 0.00 | 0 per month | 0.00 | (0.06) | 2.43 | (3.01) | 16.99 | |
| MBT | Metropolitan Bank Trust | 0.00 | 0 per month | 1.91 | (0.01) | 3.32 | (3.80) | 8.52 | |
| FOOD | Alliance Select Foods | 0.00 | 0 per month | 0.00 | (0.06) | 7.89 | (7.32) | 22.72 | |
| AT | Atlas Consolidated Mining | 0.00 | 0 per month | 1.84 | 0.18 | 3.97 | (3.75) | 12.00 | |
| AUB | Asia United Bank | 0.00 | 0 per month | 1.11 | 0 | 2.62 | (2.33) | 6.27 | |
| CIC | Concepcion Industrial Corp | 0.00 | 0 per month | 1.28 | (0.02) | 2.82 | (2.22) | 7.59 |
Other Forecasting Options for Apex Mining
For every potential investor in Apex, whether a beginner or expert, Apex Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Apex Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Apex. Basic forecasting techniques help filter out the noise by identifying Apex Mining's price trends.Apex Mining 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 Apex Mining stock to make a market-neutral strategy. Peer analysis of Apex Mining could also be used in its relative valuation, which is a method of valuing Apex Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Apex Mining Market Strength Events
Market strength indicators help investors to evaluate how Apex Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Apex Mining shares will generate the highest return on investment. By undertsting and applying Apex Mining stock market strength indicators, traders can identify Apex Mining Co entry and exit signals to maximize returns.
Apex Mining Risk Indicators
The analysis of Apex 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 Apex Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting apex stock 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 | 2.9 | |||
| Semi Deviation | 3.06 | |||
| Standard Deviation | 3.77 | |||
| Variance | 14.24 | |||
| Downside Variance | 11.6 | |||
| Semi Variance | 9.39 | |||
| Expected Short fall | (3.29) |
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 Apex Mining
The number of cover stories for Apex Mining depends on current market conditions and Apex Mining's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Apex Mining is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Apex Mining's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Apex Mining Short Properties
Apex Mining's future price predictability will typically decrease when Apex Mining's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Apex Mining Co often depends not only on the future outlook of the potential Apex Mining's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Apex Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.7 B | |
| Cash And Short Term Investments | 1.4 B |
Other Information on Investing in Apex Stock
Apex Mining financial ratios help investors to determine whether Apex Stock 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 Apex with respect to the benefits of owning Apex Mining security.