Puma Exploration Stock Forward View - Simple Regression
| PUMA Stock | CAD 0.22 0.01 4.35% |
Puma Stock outlook is based on your current time horizon.
At this time, The relative strength momentum indicator of Puma Exploration's share price is at 58 indicating that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Puma Exploration, making its price go up or down. Momentum 58
Buy Extended
Oversold | Overbought |
Wall Street Target Price 0.33 |
Using Puma Exploration hype-based prediction, you can estimate the value of Puma Exploration from the perspective of Puma Exploration response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Puma Exploration on the next trading day is expected to be 0.22 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.00. Puma Exploration after-hype prediction price | CAD 0.22 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Puma |
Puma Exploration Additional Predictive Modules
Most predictive techniques to examine Puma price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Puma using various technical indicators. When you analyze Puma 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 |
Puma Exploration Simple Regression Price Forecast For the 31st of January
Given 90 days horizon, the Simple Regression forecasted value of Puma Exploration on the next trading day is expected to be 0.22 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 1.00.Please note that although there have been many attempts to predict Puma 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 Puma Exploration's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Puma Exploration Stock Forecast Pattern
| Backtest Puma Exploration | Puma Exploration Price Prediction | Buy or Sell Advice |
Puma Exploration Forecasted Value
In the context of forecasting Puma Exploration'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. Puma Exploration's downside and upside margins for the forecasting period are 0 and 5.08, respectively. We have considered Puma Exploration'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 Puma Exploration stock data series using in forecasting. Note that when a statistical model is used to represent Puma Exploration 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 | 112.1215 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0161 |
| MAPE | Mean absolute percentage error | 0.0911 |
| SAE | Sum of the absolute errors | 0.9984 |
Predictive Modules for Puma Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Puma Exploration. 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.Puma Exploration After-Hype Price Density Analysis
As far as predicting the price of Puma Exploration 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 Puma Exploration 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 Stock prices, such as prices of Puma Exploration, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Puma Exploration Estimiated After-Hype Price Volatility
In the context of predicting Puma Exploration's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Puma Exploration's historical news coverage. Puma Exploration's after-hype downside and upside margins for the prediction period are 0.01 and 5.04, respectively. We have considered Puma Exploration's 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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Puma Exploration is out of control at this time. Analysis and calculation of next after-hype price of Puma Exploration is based on 3 months time horizon.
Puma Exploration Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Puma Exploration is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Puma Exploration 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 Stock 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 Puma Exploration, 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 |
0.54 | 4.85 | 0.00 | 0.00 | 4 Events / Month | 2 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.22 | 0.22 | 0.00 |
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Puma Exploration Hype Timeline
Puma Exploration is at this time traded for 0.22on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Puma is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.54%. %. The volatility of related hype on Puma Exploration is about 258666.67%, with the expected price after the next announcement by competition of 0.22. About 18.0% of the company outstanding shares are owned by corporate insiders. The book value of Puma Exploration was at this time reported as 0.1. The company last dividend was issued on the 25th of October 2019. Puma Exploration had 1:10 split on the 25th of October 2019. Assuming the 90 days trading horizon the next expected press release will be in about 4 days. Check out Historical Fundamental Analysis of Puma Exploration to cross-verify your projections.Puma Exploration Related Hype Analysis
Having access to credible news sources related to Puma Exploration's direct competition is more important than ever and may enhance your ability to predict Puma Exploration's future price movements. Getting to know how Puma Exploration's 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 Puma Exploration may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BRW | Brunswick Exploration | (0.01) | 5 per month | 5.57 | 0.17 | 20.00 | (11.76) | 46.99 | |
| TAJ | Tajiri Resources Corp | 0.01 | 2 per month | 4.65 | 0.14 | 10.53 | (8.70) | 29.71 | |
| BTR | BonTerra Resources | (0.01) | 2 per month | 3.22 | (0.01) | 5.56 | (5.56) | 17.76 | |
| KALO | Kalo Gold Corp | (0.02) | 6 per month | 0.00 | (0.12) | 6.67 | (6.25) | 22.29 | |
| IGO | Independence Gold Corp | 0 | 5 per month | 5.31 | 0.01 | 16.67 | (9.09) | 31.67 | |
| BAU | Blue Star Gold | 0.00 | 5 per month | 7.31 | 0.10 | 16.67 | (11.11) | 44.67 | |
| PHNM | Phenom Resources Corp | (0.01) | 4 per month | 5.64 | 0.05 | 13.64 | (9.52) | 65.83 | |
| DEX | Almadex Minerals | 0.02 | 2 per month | 3.59 | 0.08 | 7.69 | (6.67) | 23.52 |
Other Forecasting Options for Puma Exploration
For every potential investor in Puma, whether a beginner or expert, Puma Exploration's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Puma Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Puma. Basic forecasting techniques help filter out the noise by identifying Puma Exploration's price trends.Puma Exploration 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 Puma Exploration stock to make a market-neutral strategy. Peer analysis of Puma Exploration could also be used in its relative valuation, which is a method of valuing Puma Exploration by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Puma Exploration Market Strength Events
Market strength indicators help investors to evaluate how Puma Exploration stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Puma Exploration shares will generate the highest return on investment. By undertsting and applying Puma Exploration stock market strength indicators, traders can identify Puma Exploration entry and exit signals to maximize returns.
| Accumulation Distribution | 47381.92 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 0.23 | |||
| Day Typical Price | 0.23 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 58.38 |
Puma Exploration Risk Indicators
The analysis of Puma Exploration'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 Puma Exploration's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting puma 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 | 3.48 | |||
| Semi Deviation | 3.2 | |||
| Standard Deviation | 5.01 | |||
| Variance | 25.11 | |||
| Downside Variance | 47.27 | |||
| Semi Variance | 10.24 | |||
| Expected Short fall | (7.19) |
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 Puma Exploration
The number of cover stories for Puma Exploration depends on current market conditions and Puma Exploration's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Puma Exploration 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 Puma Exploration's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Puma Stock Analysis
When running Puma Exploration's price analysis, check to measure Puma Exploration'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 Puma Exploration is operating at the current time. Most of Puma Exploration's value examination focuses on studying past and present price action to predict the probability of Puma Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Puma Exploration's price. Additionally, you may evaluate how the addition of Puma Exploration to your portfolios can decrease your overall portfolio volatility.