Eastern Goldfields Pink Sheet Forward View - Simple Regression
| EGDD Stock | USD 0.0001 0.00 0.00% |
Eastern Pink Sheet outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Eastern Goldfields stock prices and determine the direction of Eastern Goldfields's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Eastern Goldfields' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Eastern Goldfields' share price is below 20 suggesting that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Eastern Goldfields hype-based prediction, you can estimate the value of Eastern Goldfields from the perspective of Eastern Goldfields response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Eastern Goldfields on the next trading day is expected to be 0.000053 with a mean absolute deviation of 0.0001 and the sum of the absolute errors of 0.01. Eastern Goldfields after-hype prediction price | USD 1.04E-4 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Eastern |
Eastern Goldfields Additional Predictive Modules
Most predictive techniques to examine Eastern price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eastern using various technical indicators. When you analyze Eastern charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eastern Goldfields Simple Regression Price Forecast For the 3rd of February
Given 90 days horizon, the Simple Regression forecasted value of Eastern Goldfields on the next trading day is expected to be 0.000053 with a mean absolute deviation of 0.0001, mean absolute percentage error of 0.00000002, and the sum of the absolute errors of 0.01.Please note that although there have been many attempts to predict Eastern 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 Eastern Goldfields' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Eastern Goldfields Pink Sheet Forecast Pattern
| Backtest Eastern Goldfields | Eastern Goldfields Price Prediction | Research Analysis |
Eastern Goldfields Forecasted Value
In the context of forecasting Eastern Goldfields' Pink Sheet 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. Eastern Goldfields' downside and upside margins for the forecasting period are 0.000001 and 10.58, respectively. We have considered Eastern Goldfields' 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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Eastern Goldfields pink sheet data series using in forecasting. Note that when a statistical model is used to represent Eastern Goldfields 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 | 100.2398 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.0E-4 |
| MAPE | Mean absolute percentage error | 0.4913 |
| SAE | Sum of the absolute errors | 0.0067 |
Predictive Modules for Eastern Goldfields
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eastern Goldfields. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eastern Goldfields' 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.
Eastern Goldfields After-Hype Price Density Analysis
As far as predicting the price of Eastern Goldfields at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Eastern Goldfields or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Eastern Goldfields, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Eastern Goldfields Estimiated After-Hype Price Volatility
In the context of predicting Eastern Goldfields' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eastern Goldfields' historical news coverage. Eastern Goldfields' after-hype downside and upside margins for the prediction period are 0.00 and 10.58, respectively. We have considered Eastern Goldfields' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Eastern Goldfields is out of control at this time. Analysis and calculation of next after-hype price of Eastern Goldfields is based on 3 months time horizon.
Eastern Goldfields Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Eastern Goldfields is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eastern Goldfields backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Eastern Goldfields, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.34 | 10.58 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.0001 | 0.0001 | 3.53 |
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Eastern Goldfields Hype Timeline
Eastern Goldfields is currently traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Eastern is forecasted to increase in value after the next headline, with the price projected to jump to 1.04E-4 or above. The average volatility of media hype impact on the company the price is insignificant. The price growth on the next news is estimated to be 3.53%, whereas the daily expected return is currently at -1.34%. The volatility of related hype on Eastern Goldfields is about 0.0%, with the expected price after the next announcement by competition of 0.00. Eastern Goldfields currently holds 1.37 M in liabilities with Debt to Equity (D/E) ratio of 3.53, implying the company greatly relies on financing operations through barrowing. Given the investment horizon of 90 days the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Eastern Goldfields to cross-verify your projections.Eastern Goldfields Related Hype Analysis
Having access to credible news sources related to Eastern Goldfields' direct competition is more important than ever and may enhance your ability to predict Eastern Goldfields' future price movements. Getting to know how Eastern Goldfields' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Eastern Goldfields may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CWNOF | ChineseworldnetCom | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BOTH | Bioethics | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 99.59 | |
| ASPR | Adsouth Partners | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BGPPF | BGP Acquisition Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| KNKT | Kunekt | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 100.00 | |
| PDRO | Pedros List | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| WYPH | WayPoint Biomedical Holdings | 0.00 | 0 per month | 0.00 | (0.02) | 0.00 | 0.00 | 106.67 | |
| HKBT | HK Battery Technology | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 99.83 | |
| SGTB | Kuboo Inc | 0.00 | 0 per month | 0.00 | 0.12 | 7.14 | 0.00 | 11,846 | |
| QTCI | Quantum Capital | 0.00 | 0 per month | 0.00 | 0.11 | 13.51 | 0.00 | 350.68 |
Other Forecasting Options for Eastern Goldfields
For every potential investor in Eastern, whether a beginner or expert, Eastern Goldfields' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eastern Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eastern. Basic forecasting techniques help filter out the noise by identifying Eastern Goldfields' price trends.Eastern Goldfields 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 Eastern Goldfields pink sheet to make a market-neutral strategy. Peer analysis of Eastern Goldfields could also be used in its relative valuation, which is a method of valuing Eastern Goldfields by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eastern Goldfields Market Strength Events
Market strength indicators help investors to evaluate how Eastern Goldfields pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastern Goldfields shares will generate the highest return on investment. By undertsting and applying Eastern Goldfields pink sheet market strength indicators, traders can identify Eastern Goldfields entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Eastern Goldfields Risk Indicators
The analysis of Eastern Goldfields' 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 Eastern Goldfields' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eastern pink sheet 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 | 6.01 | |||
| Standard Deviation | 26.82 | |||
| Variance | 719.05 |
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 Eastern Goldfields
The number of cover stories for Eastern Goldfields depends on current market conditions and Eastern Goldfields' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Eastern Goldfields is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Eastern Goldfields' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Eastern Pink Sheet
Eastern Goldfields financial ratios help investors to determine whether Eastern Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eastern with respect to the benefits of owning Eastern Goldfields security.