Red Moon OTC Stock Forecast - Naive Prediction
| REMRF Stock | USD 0.56 0.02 3.45% |
The Naive Prediction forecasted value of Red Moon Resources on the next trading day is expected to be 0.54 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.46. Red OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Red Moon stock prices and determine the direction of Red Moon Resources's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Red Moon's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Red Moon to cross-verify your projections. Red |
Most investors in Red Moon cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Red Moon's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Red Moon's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Red Moon is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Red Moon Resources value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period. Red Moon Naive Prediction Price Forecast For the 30th of April
Given 90 days horizon, the Naive Prediction forecasted value of Red Moon Resources on the next trading day is expected to be 0.54 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.46.Please note that although there have been many attempts to predict Red OTC 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 Red Moon's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Red Moon OTC Stock Forecast Pattern
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Red Moon Forecasted Value
In the context of forecasting Red Moon's OTC 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. Red Moon's downside and upside margins for the forecasting period are 0.01 and 5.42, respectively. We have considered Red Moon's 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Red Moon otc stock data series using in forecasting. Note that when a statistical model is used to represent Red Moon otc 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.| AIC | Akaike Information Criteria | 111.2688 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.024 |
| MAPE | Mean absolute percentage error | 0.0439 |
| SAE | Sum of the absolute errors | 1.4633 |
Predictive Modules for Red Moon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Red Moon Resources. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Red Moon's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Red Moon
For every potential investor in Red, whether a beginner or expert, Red Moon's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Red OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Red. Basic forecasting techniques help filter out the noise by identifying Red Moon's price trends.View Red Moon Related Equities
| Risk & Return | Correlation |
Red Moon Resources Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Red Moon'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 Red Moon's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Red Moon Market Strength Events
Market strength indicators help investors to evaluate how Red Moon otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Red Moon shares will generate the highest return on investment. By undertsting and applying Red Moon otc stock market strength indicators, traders can identify Red Moon Resources entry and exit signals to maximize returns.
Red Moon Risk Indicators
The analysis of Red Moon's 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 Red Moon's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting red otc 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.
| Mean Deviation | 3.2 | |||
| Semi Deviation | 2.97 | |||
| Standard Deviation | 4.82 | |||
| Variance | 23.22 | |||
| Downside Variance | 15.5 | |||
| Semi Variance | 8.81 | |||
| Expected Short fall | (5.00) |
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.
Currently Active Assets on Macroaxis
Check out Historical Fundamental Analysis of Red Moon to cross-verify your projections. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Red OTC Stock analysis
When running Red Moon's price analysis, check to measure Red Moon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Moon is operating at the current time. Most of Red Moon's value examination focuses on studying past and present price action to predict the probability of Red Moon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Moon's price. Additionally, you may evaluate how the addition of Red Moon to your portfolios can decrease your overall portfolio volatility.
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