1st NRG Pink Sheet Forecast - Naive Prediction
The Naive Prediction forecasted value of 1st NRG Corp on the next trading day is expected to be 0.000093 with a mean absolute deviation of 0.00000413 and the sum of the absolute errors of 0.0003. 1st Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 1st NRG stock prices and determine the direction of 1st NRG Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 1st NRG's historical fundamentals, such as revenue growth or operating cash flow patterns.
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1st NRG Naive Prediction Price Forecast For the 4th of December
Given 90 days horizon, the Naive Prediction forecasted value of 1st NRG Corp on the next trading day is expected to be 0.000093 with a mean absolute deviation of 0.00000413, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0003.Please note that although there have been many attempts to predict 1st 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 1st NRG's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
1st NRG Pink Sheet Forecast Pattern
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1st NRG Forecasted Value
In the context of forecasting 1st NRG'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. 1st NRG's downside and upside margins for the forecasting period are 0.00 and 12.60, respectively. We have considered 1st NRG'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of 1st NRG pink sheet data series using in forecasting. Note that when a statistical model is used to represent 1st NRG 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 | 95.5128 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 9.223372036854776E14 |
| SAE | Sum of the absolute errors | 3.0E-4 |
Predictive Modules for 1st NRG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 1st NRG 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 1st NRG
For every potential investor in 1st, whether a beginner or expert, 1st NRG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 1st Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 1st. Basic forecasting techniques help filter out the noise by identifying 1st NRG's price trends.View 1st NRG Related Equities
| Risk & Return | Correlation |
1st NRG 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 1st NRG'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 1st NRG's current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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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.Other Information on Investing in 1st Pink Sheet
1st NRG financial ratios help investors to determine whether 1st 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 1st with respect to the benefits of owning 1st NRG security.