Thor Mining Pink Sheet Forward View - Simple Regression
| THORF Pink Sheet | USD 0.01 0.0005 6.25% |
The Simple Regression reference data for Thor Mining is derived from the equity's published trading history. The resulting forecast and deviation statistics are presented as reference data for informational context. Forecast values and accuracy statistics are presented for informational purposes. All values shown are derived from publicly available market data.
The Simple Regression forecasted value of Thor Mining PLC on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.0016 and the sum of the absolute errors of 0.1.In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Thor Mining PLC historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. The forecast reference data presented here for Thor Mining PLC reflects Simple Regression model output and is intended as reference material for analytical use. Simple Regression Price Forecast For the 28th of March
Given 90 days horizon, the Simple Regression forecasted value of Thor Mining PLC on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.0016 , mean absolute percentage error of 0.00000393 , and the sum of the absolute errors of 0.1 .Please note that although there have been many attempts to predict Thor 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 Thor Mining's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
| Backtest Thor Mining | Thor Mining Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Thor Mining PLC focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 0.000085 and upside around 27.05 for the forecasting period.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Thor Mining pink sheet data series using in forecasting. Note that when a statistical model is used to represent Thor 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.| AIC | Akaike Information Criteria | 107.5007 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0016 |
| MAPE | Mean absolute percentage error | 0.1948 |
| SAE | Sum of the absolute errors | 0.0966 |
Other Forecasting Options for Thor Mining
Fibonacci retracement levels applied to Thor Pink Sheet price swings identify potential support and resistance zones. Extreme price moves in Thor occur more frequently than standard risk models assume. Support and resistance levels derived from Thor Mining's historical data identify zones where buying or selling pressure has stalled moves. A volume spike without a corresponding price move can signal accumulation or distribution ahead of a directional breakout.Thor Mining Related Equities
The stocks listed below are peers of Thor Mining within the Other Industrial Metals & Mining space and offer context for ranking and strength. Return on equity across these peers shows how well each firm turns capital into profit.
| Risk & Return | Correlation |
Thor Mining Market Strength Events
Tracking market strength indicators for Thor Mining provides context for understanding pink sheet momentum dynamics. Tracking these indicators helps identify periods where trading Thor Mining is likely to be most rewarding. These tools are essential for timing trades in Thor Mining PLC with a quantitative framework. Market strength indicators for Thor Mining PLC are most useful when viewed as part of a broader analytical framework.
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 0.0085 | |||
| Day Typical Price | 0.0085 | |||
| Price Action Indicator | 3.0E-4 | |||
| Period Momentum Indicator | 5.0E-4 | |||
| Relative Strength Index | 51.0 |
Thor Mining Risk Indicators
Properly assessing Thor Mining's risk indicators is a prerequisite for building reliable price forecasts. This analysis provides context for determining the appropriate level of risk to accept when holding Thor Mining's. Analyzing Thor Mining's risk indicators provides a critical input for investment risk management. By quantifying the risk in Thor Mining's investment, investors can make more informed decisions about hedging strategies.
| Mean Deviation | 16.13 | |||
| Semi Deviation | 15.53 | |||
| Standard Deviation | 26.0 | |||
| Variance | 675.88 | |||
| Downside Variance | 891.27 | |||
| Semi Variance | 241.19 | |||
| Expected Short fall | -38.75 |
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 Thor Mining
Story coverage around Thor Mining PLC often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
Story Categories
Currently Trending Categories
More Resources for Thor Pink Sheet Analysis
Other Information on Investing in Thor Pink Sheet
Financial ratios reflect how major financial figures connect within Thor Mining. This format maintains consistency across different reporting periods.