Pershimex Resources Stock Forecast - 8 Period Moving Average
| PRODelisted Stock | USD 23.25 0.01 0.04% |
The 8 Period Moving Average forecasted value of Pershimex Resources Corp on the next trading day is expected to be 23.24 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 14.89. Pershimex Stock Forecast is based on your current time horizon.
As of today the value of rsi of Pershimex Resources' share price is below 20 indicating that the stock 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 Pershimex Resources hype-based prediction, you can estimate the value of Pershimex Resources Corp from the perspective of Pershimex Resources response to recently generated media hype and the effects of current headlines on its competitors.
The 8 Period Moving Average forecasted value of Pershimex Resources Corp on the next trading day is expected to be 23.24 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 14.89. Pershimex Resources after-hype prediction price | CAD 23.25 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Pershimex |
Pershimex Resources Additional Predictive Modules
Most predictive techniques to examine Pershimex price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pershimex using various technical indicators. When you analyze Pershimex 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 |
Pershimex Resources 8 Period Moving Average Price Forecast For the 17th of January 2026
Given 90 days horizon, the 8 Period Moving Average forecasted value of Pershimex Resources Corp on the next trading day is expected to be 23.24 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.80, and the sum of the absolute errors of 14.89.Please note that although there have been many attempts to predict Pershimex 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 Pershimex Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pershimex Resources Stock Forecast Pattern
| Backtest Pershimex Resources | Pershimex Resources Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Pershimex Resources stock data series using in forecasting. Note that when a statistical model is used to represent Pershimex Resources 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 | 103.1819 |
| Bias | Arithmetic mean of the errors | -0.2716 |
| MAD | Mean absolute deviation | 0.2809 |
| MAPE | Mean absolute percentage error | 0.0122 |
| SAE | Sum of the absolute errors | 14.89 |
Predictive Modules for Pershimex 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 Pershimex Resources 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.Pershimex 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 Pershimex Resources stock to make a market-neutral strategy. Peer analysis of Pershimex Resources could also be used in its relative valuation, which is a method of valuing Pershimex Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pershimex Resources Market Strength Events
Market strength indicators help investors to evaluate how Pershimex Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pershimex Resources shares will generate the highest return on investment. By undertsting and applying Pershimex Resources stock market strength indicators, traders can identify Pershimex Resources Corp entry and exit signals to maximize returns.
Pershimex Resources Risk Indicators
The analysis of Pershimex 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 Pershimex Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pershimex 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 | 1.57 | |||
| Semi Deviation | 0.2877 | |||
| Standard Deviation | 5.11 | |||
| Variance | 26.13 | |||
| Downside Variance | 2.06 | |||
| Semi Variance | 0.0828 | |||
| Expected Short fall | (1.71) |
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.
Pair Trading with Pershimex Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pershimex Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pershimex Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Pershimex Stock
Moving against Pershimex Stock
The ability to find closely correlated positions to Pershimex Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pershimex Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pershimex Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pershimex Resources Corp to buy it.
The correlation of Pershimex Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pershimex Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pershimex Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pershimex Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Consideration for investing in Pershimex Stock
If you are still planning to invest in Pershimex Resources Corp 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 Pershimex Resources' history and understand the potential risks before investing.
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