Imperium Group Pink Sheet Forecast - Naive Prediction

IPGGF Stock  USD 0.47  0.07  12.96%   
The Naive Prediction forecasted value of Imperium Group Global on the next trading day is expected to be 0.40 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.44. Imperium Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Imperium Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Imperium Group is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Imperium Group Global 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.

Imperium Group Naive Prediction Price Forecast For the 1st of December

Given 90 days horizon, the Naive Prediction forecasted value of Imperium Group Global on the next trading day is expected to be 0.40 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.44.
Please note that although there have been many attempts to predict Imperium 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 Imperium Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Imperium Group Pink Sheet Forecast Pattern

Backtest Imperium GroupImperium Group Price PredictionBuy or Sell Advice 

Imperium Group Forecasted Value

In the context of forecasting Imperium Group'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. Imperium Group's downside and upside margins for the forecasting period are 0 and 9.92, respectively. We have considered Imperium Group'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.
Market Value
0.47
0.40
Expected Value
9.92
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 Imperium Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent Imperium Group 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 Criteria112.2252
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0401
MAPEMean absolute percentage error0.0831
SAESum of the absolute errors2.4439
This model is not at all useful as a medium-long range forecasting tool of Imperium Group Global. 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 Imperium Group. 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 Imperium Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Imperium Group Global. 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
0.020.479.99
Details
Intrinsic
Valuation
LowRealHigh
0.020.479.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Imperium Group. Your research has to be compared to or analyzed against Imperium Group's peers to derive any actionable benefits. When done correctly, Imperium Group'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 Imperium Group Global.

Other Forecasting Options for Imperium Group

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

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

Imperium Group Global 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 Imperium Group'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 Imperium Group's current price.

Imperium Group Market Strength Events

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

Imperium Group Risk Indicators

The analysis of Imperium Group'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 Imperium Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting imperium 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

Other Information on Investing in Imperium Pink Sheet

Imperium Group financial ratios help investors to determine whether Imperium 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 Imperium with respect to the benefits of owning Imperium Group security.