Faraday Copper Stock Forecast - 4 Period Moving Average
| FDY Stock | CAD 2.97 0.06 1.98% |
The 4 Period Moving Average forecasted value of Faraday Copper Corp on the next trading day is expected to be 3.00 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.04. Faraday Stock Forecast is based on your current time horizon. Although Faraday Copper's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Faraday Copper's systematic risk associated with finding meaningful patterns of Faraday Copper fundamentals over time.
The relative strength momentum indicator of Faraday Copper's stock price is about 66. This usually indicates that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Faraday, making its price go up or down. Momentum 66
Buy Stretched
Oversold | Overbought |
EPS Estimate Next Quarter (0.03) | EPS Estimate Current Year (0.1) | EPS Estimate Next Year (0.10) | Wall Street Target Price 2.3875 | EPS Estimate Current Quarter (0.02) |
Using Faraday Copper hype-based prediction, you can estimate the value of Faraday Copper Corp from the perspective of Faraday Copper response to recently generated media hype and the effects of current headlines on its competitors.
The 4 Period Moving Average forecasted value of Faraday Copper Corp on the next trading day is expected to be 3.00 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.04. Faraday Copper after-hype prediction price | CAD 2.97 |
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.
Faraday |
Faraday Copper Additional Predictive Modules
Most predictive techniques to examine Faraday price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Faraday using various technical indicators. When you analyze Faraday 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 |
Faraday Copper 4 Period Moving Average Price Forecast For the 23rd of January
Given 90 days horizon, the 4 Period Moving Average forecasted value of Faraday Copper Corp on the next trading day is expected to be 3.00 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.04.Please note that although there have been many attempts to predict Faraday 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 Faraday Copper's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Faraday Copper Stock Forecast Pattern
| Backtest Faraday Copper | Faraday Copper Price Prediction | Buy or Sell Advice |
Faraday Copper Forecasted Value
In the context of forecasting Faraday Copper'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. Faraday Copper's downside and upside margins for the forecasting period are 0.03 and 6.18, respectively. We have considered Faraday Copper'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Faraday Copper stock data series using in forecasting. Note that when a statistical model is used to represent Faraday Copper 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 | 106.0466 |
| Bias | Arithmetic mean of the errors | -0.0344 |
| MAD | Mean absolute deviation | 0.0709 |
| MAPE | Mean absolute percentage error | 0.0299 |
| SAE | Sum of the absolute errors | 4.0425 |
Predictive Modules for Faraday Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Faraday Copper Corp. 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.Faraday Copper After-Hype Price Prediction Density Analysis
As far as predicting the price of Faraday Copper 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 Faraday Copper 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 Faraday Copper, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Faraday Copper Estimiated After-Hype Price Volatility
In the context of predicting Faraday Copper's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Faraday Copper's historical news coverage. Faraday Copper's after-hype downside and upside margins for the prediction period are 0.15 and 6.15, respectively. We have considered Faraday Copper'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
Faraday Copper is relatively risky at this time. Analysis and calculation of next after-hype price of Faraday Copper Corp is based on 3 months time horizon.
Faraday Copper Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Faraday Copper is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Faraday Copper 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 Faraday Copper, 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 |
0.71 | 3.18 | 0.09 | 0.01 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.97 | 2.97 | 0.00 |
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Faraday Copper Hype Timeline
Faraday Copper Corp is currently traded for 2.97on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.09, and average elasticity to hype of competition of 0.01. Faraday is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.71%. %. The volatility of related hype on Faraday Copper is about 19875.0%, with the expected price after the next announcement by competition of 2.98. About 16.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.13. Faraday Copper Corp had not issued any dividends in recent years. The entity had 1:4 split on the 8th of July 2020. Assuming the 90 days trading horizon the next anticipated press release will be in a few days. Check out Historical Fundamental Analysis of Faraday Copper to cross-verify your projections.Faraday Copper Related Hype Analysis
Having access to credible news sources related to Faraday Copper's direct competition is more important than ever and may enhance your ability to predict Faraday Copper's future price movements. Getting to know how Faraday Copper'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 Faraday Copper may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ARG | Amerigo Resources | 0.00 | 0 per month | 0.00 | 0.46 | 6.27 | (1.57) | 15.45 | |
| NCX | NorthIsle Copper and | 0.00 | 0 per month | 2.36 | 0.25 | 10.00 | (4.43) | 19.92 | |
| DV | Dolly Varden Silver | 0.13 | 1 per month | 3.45 | 0.10 | 7.48 | (6.20) | 16.99 | |
| ASCU | Arizona Sonoran Copper | 0.00 | 0 per month | 2.45 | 0.24 | 5.56 | (5.14) | 17.24 | |
| STGO | Steppe Gold | 0.00 | 0 per month | 3.99 | 0.03 | 6.86 | (5.58) | 25.92 | |
| TLG | Troilus Gold Corp | 0.00 | 0 per month | 3.15 | 0.11 | 7.86 | (4.52) | 19.65 | |
| NICU | Magna Mining | (0.18) | 6 per month | 3.75 | 0.04 | 7.04 | (6.51) | 15.26 | |
| NUAG | New Pacific Metals | 0.23 | 5 per month | 3.94 | 0.15 | 9.83 | (6.65) | 20.66 | |
| TI | Titan Mining Corp | (0.02) | 8 per month | 3.95 | 0.16 | 10.65 | (7.10) | 27.53 | |
| ETG | Entree Resources | 0.00 | 0 per month | 2.03 | 0.12 | 7.59 | (3.19) | 23.86 |
Other Forecasting Options for Faraday Copper
For every potential investor in Faraday, whether a beginner or expert, Faraday Copper's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Faraday Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Faraday. Basic forecasting techniques help filter out the noise by identifying Faraday Copper's price trends.Faraday Copper 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 Faraday Copper stock to make a market-neutral strategy. Peer analysis of Faraday Copper could also be used in its relative valuation, which is a method of valuing Faraday Copper by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Faraday Copper Market Strength Events
Market strength indicators help investors to evaluate how Faraday Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Faraday Copper shares will generate the highest return on investment. By undertsting and applying Faraday Copper stock market strength indicators, traders can identify Faraday Copper Corp entry and exit signals to maximize returns.
Faraday Copper Risk Indicators
The analysis of Faraday Copper'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 Faraday Copper's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting faraday 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 | 2.41 | |||
| Semi Deviation | 2.26 | |||
| Standard Deviation | 3.2 | |||
| Variance | 10.23 | |||
| Downside Variance | 7.77 | |||
| Semi Variance | 5.12 | |||
| Expected Short fall | (2.98) |
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 Faraday Copper
The number of cover stories for Faraday Copper depends on current market conditions and Faraday Copper's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Faraday Copper 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 Faraday Copper'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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Faraday Copper Short Properties
Faraday Copper's future price predictability will typically decrease when Faraday Copper's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Faraday Copper Corp often depends not only on the future outlook of the potential Faraday Copper'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. Faraday Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 193.5 M | |
| Cash And Short Term Investments | 17 M |
Other Information on Investing in Faraday Stock
Faraday Copper financial ratios help investors to determine whether Faraday 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 Faraday with respect to the benefits of owning Faraday Copper security.