# Sage Potash Stock Forecast - Naive Prediction

SAGE Stock | 0.24 0.01 4.00% |

The Naive Prediction forecasted value of Sage Potash Corp on the next trading day is expected to be

**0.23**with a mean absolute deviation of**0.01**and the sum of the absolute errors of**0.79**. Sage Stock Forecast is based on your current time horizon.Sage |

## Sage Potash Naive Prediction Price Forecast For the 20th of September

Given 90 days horizon, the Naive Prediction forecasted value of Sage Potash Corp on the next trading day is expected to be**0.23**with a mean absolute deviation of

**0.01**, mean absolute percentage error of

**0.0003**, and the sum of the absolute errors of

**0.79**.

Please note that although there have been many attempts to predict Sage 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 Sage Potash's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

## Sage Potash Stock Forecast Pattern

Backtest Sage Potash | Sage Potash Price Prediction | Buy or Sell Advice |

## Sage Potash Forecasted Value

In the context of forecasting Sage Potash's 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. Sage Potash's downside and upside margins for the forecasting period are

**0**and**11.10**, respectively. We have considered Sage Potash'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 Sage Potash stock data series using in forecasting. Note that when a statistical model is used to represent Sage Potash 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 | 110.0108 |

Bias | Arithmetic mean of the errors | None |

MAD | Mean absolute deviation | 0.0129 |

MAPE | Mean absolute percentage error | 0.0681 |

SAE | Sum of the absolute errors | 0.7898 |

## Predictive Modules for Sage Potash

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sage Potash Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sage Potash'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 Sage Potash

For every potential investor in Sage, whether a beginner or expert, Sage Potash's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sage Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sage. Basic forecasting techniques help filter out the noise by identifying Sage Potash's price trends.## Sage Potash 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 Sage Potash stock to make a market-neutral strategy. Peer analysis of Sage Potash could also be used in its relative valuation, which is a method of valuing Sage Potash by comparing valuation metrics with similar companies.

Risk & Return | Correlation |

## Sage Potash Corp 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 Sage Potash'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 Sage Potash's current price.Cycle Indicators | ||

Math Operators | ||

Math Transform | ||

Momentum Indicators | ||

Overlap Studies | ||

Pattern Recognition | ||

Price Transform | ||

Statistic Functions | ||

Volatility Indicators | ||

Volume Indicators |

## Sage Potash Market Strength Events

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

Daily Balance Of Power | (9,223,372,036,855) | |||

Rate Of Daily Change | 0.96 | |||

Day Median Price | 0.24 | |||

Day Typical Price | 0.24 | |||

Price Action Indicator | (0.01) | |||

Period Momentum Indicator | (0.01) |

## Sage Potash Risk Indicators

The analysis of Sage Potash'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 Sage Potash's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sage 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 | 6.35 | |||

Semi Deviation | 6.29 | |||

Standard Deviation | 10.54 | |||

Variance | 111.02 | |||

Downside Variance | 81.66 | |||

Semi Variance | 39.54 | |||

Expected Short fall | (12.06) |

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.

## Thematic Opportunities

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## Additional Tools for Sage Stock Analysis

When running Sage Potash's price analysis, check to measure Sage Potash'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 Sage Potash is operating at the current time. Most of Sage Potash's value examination focuses on studying past and present price action to predict the probability of Sage Potash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sage Potash's price. Additionally, you may evaluate how the addition of Sage Potash to your portfolios can decrease your overall portfolio volatility.