CK Asset Pink Sheet Forecast - Polynomial Regression

CHKGFDelisted Stock  USD 3.57  0.00  0.00%   
The Polynomial Regression forecasted value of CK Asset Holdings on the next trading day is expected to be 3.62 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 5.14. CHKGF Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of CK Asset's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
CK Asset polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for CK Asset Holdings as well as the accuracy indicators are determined from the period prices.

CK Asset Polynomial Regression Price Forecast For the 1st of December

Given 90 days horizon, the Polynomial Regression forecasted value of CK Asset Holdings on the next trading day is expected to be 3.62 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.14.
Please note that although there have been many attempts to predict CHKGF 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 CK Asset's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CK Asset Pink Sheet Forecast Pattern

Backtest CK AssetCK Asset Price PredictionBuy 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 CK Asset pink sheet data series using in forecasting. Note that when a statistical model is used to represent CK Asset 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.
AICAkaike Information Criteria113.8579
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0842
MAPEMean absolute percentage error0.0225
SAESum of the absolute errors5.1356
A single variable polynomial regression model attempts to put a curve through the CK Asset historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for CK Asset

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CK Asset Holdings. 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.
Hype
Prediction
LowEstimatedHigh
3.323.664.00
Details
Intrinsic
Valuation
LowRealHigh
2.813.153.93
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CK Asset. Your research has to be compared to or analyzed against CK Asset's peers to derive any actionable benefits. When done correctly, CK Asset's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CK Asset Holdings.

CK Asset 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 CK Asset pink sheet to make a market-neutral strategy. Peer analysis of CK Asset could also be used in its relative valuation, which is a method of valuing CK Asset by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

CK Asset Market Strength Events

Market strength indicators help investors to evaluate how CK Asset 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 CK Asset shares will generate the highest return on investment. By undertsting and applying CK Asset pink sheet market strength indicators, traders can identify CK Asset Holdings entry and exit signals to maximize returns.

CK Asset Risk Indicators

The analysis of CK Asset'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 CK Asset's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chkgf 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.
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 company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Consideration for investing in CHKGF Pink Sheet

If you are still planning to invest in CK Asset Holdings 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 CK Asset's history and understand the potential risks before investing.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance