Emera Incorporated Pink Sheet Forecast - Simple Regression

Simple Regression model is a single variable regression model that attempts to put a straight line through Emera Incorporated price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Emera Incorporated Simple Regression Price Forecast For the 26th of April

Given 90 days horizon, the Simple Regression forecasted value of Emera Incorporated on the next trading day is expected to be 15.96 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.06, and the sum of the absolute errors of 8.02.

Emera Incorporated Pink Sheet Forecast Pattern

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Emera Incorporated Forecasted Value

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 Emera Incorporated pink sheet data series using in forecasting. Note that when a statistical model is used to represent Emera Incorporated 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. 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 Emera Incorporated historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Emera Incorporated

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Emera Incorporated. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Low Estimated High 14.28 16.00 17.72 Details

Intrinsic Valuation Low Real High 11.61 13.33 17.60 Details

Bollinger Band Projection (param) Low Middle High 16.00 16.00 16.00 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Emera Incorporated. Your research has to be compared to or analyzed against Emera Incorporated's peers to derive any actionable benefits. When done correctly, Emera Incorporated's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Emera Incorporated.

Other Forecasting Options for Emera Incorporated

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

Emera Incorporated Related Equities

Risk & Return

Correlation

Emera Incorporated Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Emera Incorporated's 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 Emera Incorporated's current price.

Emera Incorporated Market Strength Events

Emera Incorporated Risk Indicators

Pair Trading with Emera Incorporated

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Emera Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Emera Incorporated will appreciate offsetting losses from the drop in the long position's value.

Complementary Tools for Emera Pink Sheet analysis

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

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Technical Analysis Details

Please note, there is a significant difference between Emera Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emera Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emera Incorporated's 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.