Ascendant Resources OTC Stock Forecast - Polynomial Regression
| ASDRFDelisted Stock | USD 0.05 0.0008 1.47% |
The Polynomial Regression forecasted value of Ascendant Resources on the next trading day is expected to be 0.06 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.21. Ascendant OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ascendant Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
Ascendant |
Ascendant Resources Polynomial Regression Price Forecast For the 23rd of July
Given 90 days horizon, the Polynomial Regression forecasted value of Ascendant Resources on the next trading day is expected to be 0.06 with a mean absolute deviation of 0, mean absolute percentage error of 0.000018, and the sum of the absolute errors of 0.21.Please note that although there have been many attempts to predict Ascendant 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 Ascendant Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Ascendant Resources OTC Stock Forecast Pattern
| Backtest Ascendant Resources | Ascendant Resources Price Prediction | Buy or Sell Advice |
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 Ascendant Resources otc stock data series using in forecasting. Note that when a statistical model is used to represent Ascendant Resources 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 | 107.1636 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0034 |
| MAPE | Mean absolute percentage error | 0.0817 |
| SAE | Sum of the absolute errors | 0.2085 |
Predictive Modules for Ascendant Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ascendant 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.Ascendant Resources 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 Ascendant Resources otc stock to make a market-neutral strategy. Peer analysis of Ascendant Resources could also be used in its relative valuation, which is a method of valuing Ascendant Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ascendant Resources Market Strength Events
Market strength indicators help investors to evaluate how Ascendant Resources 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 Ascendant Resources shares will generate the highest return on investment. By undertsting and applying Ascendant Resources otc stock market strength indicators, traders can identify Ascendant Resources entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0147 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 0.0539 | |||
| Day Typical Price | 0.0538 | |||
| Market Facilitation Index | 8.0E-4 | |||
| Price Action Indicator | (0.0008) | |||
| Period Momentum Indicator | (0.0008) | |||
| Relative Strength Index | 88.22 |
Ascendant Resources Risk Indicators
The analysis of Ascendant Resources' 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 Ascendant Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ascendant 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 | 2.44 | |||
| Standard Deviation | 6.58 | |||
| Variance | 43.25 |
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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Ascendant OTC Stock
If you are still planning to invest in Ascendant Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ascendant Resources' history and understand the potential risks before investing.
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