First Resources Pink Sheet Forward View - Polynomial Regression
| FTROF Stock | USD 1.80 0.00 0.00% |
The forecast reference data for First Resources on this page is generated using Polynomial Regression applied to historical price observations. Projected values and error measures are included as reference material.
The Polynomial Regression forecasted value of First Resources Limited on the next trading day is expected to be 1.82 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.68.A single variable polynomial regression model attempts to put a curve through the First Resources historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm The Polynomial Regression reference values for First Resources are derived from publicly available price data and should be used for informational purposes only. Polynomial Regression Price Forecast For the 21st of March
Given 90 days horizon, the Polynomial Regression forecasted value of First Resources Limited on the next trading day is expected to be 1.82 with a mean absolute deviation of 0.01 , mean absolute percentage error of 0.0007 , and the sum of the absolute errors of 0.68 .Please note that although there have been many attempts to predict First 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 First Resources' 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
The next-day forecast for First Resources Limited focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The projected forecast band currently runs from roughly 0.02 on the downside to about 3.69 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of First Resources pink sheet data series using in forecasting. Note that when a statistical model is used to represent First Resources 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 | 110.7956 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0111 |
| MAPE | Mean absolute percentage error | 0.0064 |
| SAE | Sum of the absolute errors | 0.6764 |
Other Forecasting Options for First Resources
Investors at all stages of experience who consider First must develop an understanding of First Resources' price dynamics. The noise embedded in First Pink Sheet price charts can create misleading signals and skew investment decisions.First Resources Related Equities
The following equities are related to First Resources within the Farm Products space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing First Resources 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 |
First Resources Market Strength Events
Market strength indicators applied to First Resources pink sheet give investors a structured view of the security's momentum relative to the overall market. Using these indicators, traders can refine their timing when entering or exiting positions in First Resources Limited.
First Resources Risk Indicators
Evaluating First Resources' risk indicators is an important step in accurately forecasting its price and assessing the suitability of an investment. Understanding the risk profile of First Resources' allows investors to make more informed decisions about position sizing and risk.
| Mean Deviation | 0.4372 | |||
| Standard Deviation | 1.8 | |||
| Variance | 3.25 |
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 First Resources
Coverage intensity for First Resources Limited matters because narrative visibility can influence sentiment, participation, and volatility around the name. A disciplined read of coverage separates durable relevance from temporary noise.
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First Resources Short Properties
Short sentiment tied to First Resources Limited matters because heavier bearish pressure can change how quickly future price expectations become unstable. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Trailing Annual Dividend Rate | 0.03 | |
| Float Shares | 445.82M | |
| Trailing Annual Dividend Yield | 1.95% |
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Other Information on Investing in First Pink Sheet
First Resources ratios capture relationships across its reported financial data. They summarize how financial performance connects to valuation. This helps maintain uniform comparisons across financial reports.