Namib Minerals Stock Forecast - Polynomial Regression

NAMM Stock   1.68  0.10  5.62%   
The Polynomial Regression forecasted value of Namib Minerals Ordinary on the next trading day is expected to be 1.26 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.30. Namib Stock Forecast is based on your current time horizon. Although Namib Minerals' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Namib Minerals' systematic risk associated with finding meaningful patterns of Namib Minerals fundamentals over time.
At this time, Namib Minerals' Inventory Turnover is very stable compared to the past year. As of the 5th of November 2025, Receivables Turnover is likely to grow to 23.78, while Payables Turnover is likely to drop 3.54. . As of the 5th of November 2025, Common Stock Shares Outstanding is likely to drop to about 57.4 M.
Namib Minerals polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Namib Minerals Ordinary as well as the accuracy indicators are determined from the period prices.

Namib Minerals Polynomial Regression Price Forecast For the 6th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Namib Minerals Ordinary on the next trading day is expected to be 1.26 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.04, and the sum of the absolute errors of 7.30.
Please note that although there have been many attempts to predict Namib 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 Namib Minerals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Namib Minerals Stock Forecast Pattern

Backtest Namib MineralsNamib Minerals Price PredictionBuy or Sell Advice 

Namib Minerals Forecasted Value

In the context of forecasting Namib Minerals' 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. Namib Minerals' downside and upside margins for the forecasting period are 0.02 and 7.80, respectively. We have considered Namib Minerals' 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.
Market Value
1.68
1.26
Expected Value
7.80
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 Namib Minerals stock data series using in forecasting. Note that when a statistical model is used to represent Namib Minerals 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.
AICAkaike Information Criteria116.6515
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1177
MAPEMean absolute percentage error0.0416
SAESum of the absolute errors7.2987
A single variable polynomial regression model attempts to put a curve through the Namib Minerals 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

Predictive Modules for Namib Minerals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Namib Minerals Ordinary. 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.
Hype
Prediction
LowEstimatedHigh
0.081.668.20
Details
Intrinsic
Valuation
LowRealHigh
0.081.618.15
Details

Other Forecasting Options for Namib Minerals

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

Namib Minerals 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 Namib Minerals stock to make a market-neutral strategy. Peer analysis of Namib Minerals could also be used in its relative valuation, which is a method of valuing Namib Minerals by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Namib Minerals Ordinary Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Namib Minerals' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Namib Minerals' current price.

Namib Minerals Market Strength Events

Market strength indicators help investors to evaluate how Namib Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Namib Minerals shares will generate the highest return on investment. By undertsting and applying Namib Minerals stock market strength indicators, traders can identify Namib Minerals Ordinary entry and exit signals to maximize returns.

Namib Minerals Risk Indicators

The analysis of Namib Minerals' 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 Namib Minerals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting namib 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.
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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Prophet
When determining whether Namib Minerals Ordinary is a strong investment it is important to analyze Namib Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Namib Minerals' future performance. For an informed investment choice regarding Namib Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Namib Minerals to cross-verify your projections.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Gold space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Namib Minerals. If investors know Namib will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Namib Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.07
Return On Assets
(0.06)
The market value of Namib Minerals Ordinary is measured differently than its book value, which is the value of Namib that is recorded on the company's balance sheet. Investors also form their own opinion of Namib Minerals' value that differs from its market value or its book value, called intrinsic value, which is Namib Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Namib Minerals' market value can be influenced by many factors that don't directly affect Namib Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Namib Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Namib Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Namib Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.