Fresnillo PLC Pink Sheet Forward View - 4 Period Moving Average
| FNLPF Stock | USD 43.69 0.15 0.34% |
Fresnillo PLC's 4 Period Moving Average reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use.
The 4 Period Moving Average forecasted value of Fresnillo PLC on the next trading day is expected to be 43.51 with a mean absolute deviation of 2.22 and the sum of the absolute errors of 129.04.The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Fresnillo PLC. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Fresnillo PLC and therefore, it cannot be a useful forecasting tool for medium or long range price predictions All 4 Period Moving Average forecast figures shown for Fresnillo PLC are reference data reflecting model output based on available historical prices. 4 Period Moving Average Price Forecast For the 27th of March
Given 90 days horizon, the 4 Period Moving Average forecasted value of Fresnillo PLC on the next trading day is expected to be 43.51 with a mean absolute deviation of 2.22 , mean absolute percentage error of 8.12 , and the sum of the absolute errors of 129.04 .Please note that although there have been many attempts to predict Fresnillo Pink Sheet 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 Fresnillo PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
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Forecasted Value
Forecasting Fresnillo PLC for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 Fresnillo PLC pink sheet data series using in forecasting. Note that when a statistical model is used to represent Fresnillo PLC 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.| AIC | Akaike Information Criteria | 114.6906 |
| Bias | Arithmetic mean of the errors | 0.0506 |
| MAD | Mean absolute deviation | 2.2248 |
| MAPE | Mean absolute percentage error | 0.0448 |
| SAE | Sum of the absolute errors | 129.04 |
Other Forecasting Options for Fresnillo PLC
Bollinger Bands applied to Fresnillo Pink Sheet price data measure how far Fresnillo has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Fresnillo PLC's price data.Fresnillo PLC Related Equities
Checking Fresnillo PLC against related firms within the Other Precious Metals & Mining space helps investors see where the stock stands among peers. Checking Fresnillo PLC against peers on P/E, margins, and return on equity helps put its position in context. Identifying peers that steadily beat or lag Fresnillo PLC across many periods highlights durable competitive gaps.
| Risk & Return | Correlation |
Fresnillo PLC Market Strength Events
For investors tracking Fresnillo PLC, market strength indicators offer quantitative evaluation of pink sheet behavior. These indicators add context to timing decisions around Fresnillo PLC positions.
Fresnillo PLC Risk Indicators
Analyzing Fresnillo PLC's basic risk indicators provides investors with a structured view of the risk-return trade-off for fresnillo pink sheet. By identifying the level of risk embedded in Fresnillo PLC's investment, investors can make informed decisions about position sizing.
| Mean Deviation | 3.51 | |||
| Semi Deviation | 4.86 | |||
| Standard Deviation | 4.42 | |||
| Variance | 19.54 | |||
| Downside Variance | 24.67 | |||
| Semi Variance | 23.62 | |||
| Expected Short fall | -3.30 |
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 Fresnillo PLC
A coverage review of Fresnillo PLC shows when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage separates durable relevance from temporary noise.
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Other Information on Investing in Fresnillo Pink Sheet
Key financial relationships within Fresnillo PLC are expressed through its ratios. Each ratio adds context around profit, cash flow, and total value.