Curtis Mathes Pink Sheet Forecast - Naive Prediction

CMCZ Stock  USD 0.0001  0.00  0.00%   
The Naive Prediction forecasted value of Curtis Mathes Corp on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.000064 and the sum of the absolute errors of 0. Curtis Pink Sheet Forecast is based on your current time horizon.
  
A naive forecasting model for Curtis Mathes is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Curtis Mathes Corp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Curtis Mathes Naive Prediction Price Forecast For the 15th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Curtis Mathes Corp on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.000064, 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 Curtis 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 Curtis Mathes' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Curtis Mathes Pink Sheet Forecast Pattern

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Curtis Mathes Forecasted Value

In the context of forecasting Curtis Mathes' 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. Curtis Mathes' downside and upside margins for the forecasting period are 0.000001 and 11.10, respectively. We have considered Curtis Mathes' 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.
Market Value
0.0001
0.000001
Downside
0.0002
Expected Value
11.10
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Curtis Mathes pink sheet data series using in forecasting. Note that when a statistical model is used to represent Curtis Mathes 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 Criteria99.5028
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0E-4
MAPEMean absolute percentage error0.2798
SAESum of the absolute errors0.0039
This model is not at all useful as a medium-long range forecasting tool of Curtis Mathes Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Curtis Mathes. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Curtis Mathes

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Curtis Mathes 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Curtis Mathes' 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.
Hype
Prediction
LowEstimatedHigh
0.000.00006611.10
Details
Intrinsic
Valuation
LowRealHigh
0.000.00009611.10
Details

Other Forecasting Options for Curtis Mathes

For every potential investor in Curtis, whether a beginner or expert, Curtis Mathes' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Curtis Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Curtis. Basic forecasting techniques help filter out the noise by identifying Curtis Mathes' price trends.

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

Curtis Mathes 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 Curtis Mathes' 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 Curtis Mathes' current price.

Curtis Mathes Market Strength Events

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

Curtis Mathes Risk Indicators

The analysis of Curtis Mathes' 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 Curtis Mathes' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting curtis 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Curtis Pink Sheet Analysis

When running Curtis Mathes' price analysis, check to measure Curtis Mathes' 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 Curtis Mathes is operating at the current time. Most of Curtis Mathes' value examination focuses on studying past and present price action to predict the probability of Curtis Mathes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curtis Mathes' price. Additionally, you may evaluate how the addition of Curtis Mathes to your portfolios can decrease your overall portfolio volatility.