Bluejay Mining Pink Sheet Forecast - Naive Prediction

Bluejay Mining Additional Predictive Modules

Most predictive techniques to examine Bluejay price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bluejay using various technical indicators. When you analyze Bluejay 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. A naive forecasting model for Bluejay Mining is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Bluejay Mining plc value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Bluejay Mining Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Bluejay Mining plc on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.0007, mean absolute percentage error of 0.00000088, and the sum of the absolute errors of 0.04.

Bluejay Mining Pink Sheet Forecast Pattern

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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 Bluejay Mining pink sheet data series using in forecasting. Note that when a statistical model is used to represent Bluejay Mining 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. This model is not at all useful as a medium-long range forecasting tool of Bluejay Mining plc. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Bluejay Mining. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Bluejay 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 Bluejay Mining plc. 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 Low Estimated High 0.00 0.02 13.84 Details

Intrinsic Valuation Low Real High 0.00 0.01 13.83 Details

Bollinger Band Projection (param) Low Middle High 0 0.01 0.02 Details

Bluejay Mining After-Hype Price Density Analysis

Bluejay Mining Estimiated After-Hype Price Volatility

Bluejay Mining Pink Sheet Price Outlook Analysis

Notes

Bluejay Mining Hype Timeline

Bluejay Mining plc is currently traded for 0.01. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Bluejay is anticipated to increase in value after the next headline, with the price projected to jump to 0.02 or above. The average volatility of media hype impact on the company the price is insignificant. The price rise on the next news is estimated to be 33.33%, whereas the daily expected return is currently at 1.83%. The volatility of related hype on Bluejay Mining is about 0.0%, with the expected price after the next announcement by competition of 0.02. Bluejay Mining plc has accumulated 20.9 K in total debt. Bluejay Mining plc has a current ratio of 11.47, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Bluejay Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Bluejay Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bluejay Mining plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bluejay to invest in growth at high rates of return. When we think about Bluejay Mining's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Bluejay Mining to cross-verify your projections.

Bluejay Mining Related Hype Analysis

Other Forecasting Options for Bluejay Mining

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

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