Jetblack Corp Pink Sheet Forecast - Simple Regression
JTBK Stock | USD 0.0004 0.0001 33.33% |
The Simple Regression forecasted value of Jetblack Corp on the next trading day is expected to be 0.0004 with a mean absolute deviation of 0.000063 and the sum of the absolute errors of 0. Jetblack Pink Sheet Forecast is based on your current time horizon.
Jetblack |
Jetblack Corp Simple Regression Price Forecast For the 27th of July
Given 90 days horizon, the Simple Regression forecasted value of Jetblack Corp on the next trading day is expected to be 0.0004 with a mean absolute deviation of 0.000063, mean absolute percentage error of 0.00000001, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Jetblack Pink Sheet 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 Jetblack Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Jetblack Corp Pink Sheet Forecast Pattern
Backtest Jetblack Corp | Jetblack Corp Price Prediction | Buy or Sell Advice |
Jetblack Corp Forecasted Value
In the context of forecasting Jetblack Corp's 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. Jetblack Corp's downside and upside margins for the forecasting period are 0.000004 and 11.78, respectively. We have considered Jetblack Corp'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Jetblack Corp pink sheet data series using in forecasting. Note that when a statistical model is used to represent Jetblack Corp 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 | 99.2262 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 1.0E-4 |
MAPE | Mean absolute percentage error | 0.1153 |
SAE | Sum of the absolute errors | 0.0038 |
Predictive Modules for Jetblack Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jetblack Corp. 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.Other Forecasting Options for Jetblack Corp
For every potential investor in Jetblack, whether a beginner or expert, Jetblack Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jetblack Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jetblack. Basic forecasting techniques help filter out the noise by identifying Jetblack Corp's price trends.View Jetblack Corp Related Equities
Risk & Return | Correlation |
Jetblack Corp 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 Jetblack Corp'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 Jetblack Corp's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Jetblack Corp Market Strength Events
Market strength indicators help investors to evaluate how Jetblack Corp 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 Jetblack Corp shares will generate the highest return on investment. By undertsting and applying Jetblack Corp pink sheet market strength indicators, traders can identify Jetblack Corp entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.33 | |||
Day Median Price | 4.0E-4 | |||
Day Typical Price | 4.0E-4 | |||
Price Action Indicator | 1.0E-4 | |||
Period Momentum Indicator | 1.0E-4 |
Jetblack Corp Risk Indicators
The analysis of Jetblack Corp'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 Jetblack Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jetblack 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 | 7.15 | |||
Standard Deviation | 11.85 | |||
Variance | 140.35 |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ProphetOther Information on Investing in Jetblack Pink Sheet
Jetblack Corp financial ratios help investors to determine whether Jetblack 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 Jetblack with respect to the benefits of owning Jetblack Corp security.