K9 Gold OTC Stock Forecast - 20 Period Moving Average

WDFCF Stock  USD 0.06  0.0001  0.17%   
The 20 Period Moving Average forecasted value of K9 Gold Corp on the next trading day is expected to be 0.06 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.30. WDFCF OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of K9 Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for K9 Gold Corp is based on a synthetically constructed K9 Golddaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

K9 Gold 20 Period Moving Average Price Forecast For the 14th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of K9 Gold Corp on the next trading day is expected to be 0.06 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000078, and the sum of the absolute errors of 0.30.
Please note that although there have been many attempts to predict WDFCF OTC 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 K9 Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

K9 Gold OTC Stock Forecast Pattern

Backtest K9 GoldK9 Gold Price PredictionBuy or Sell Advice 

K9 Gold Forecasted Value

In the context of forecasting K9 Gold's OTC 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. K9 Gold's downside and upside margins for the forecasting period are 0.0006 and 13.85, respectively. We have considered K9 Gold'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
0.06
0.0006
Downside
0.06
Expected Value
13.85
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of K9 Gold otc stock data series using in forecasting. Note that when a statistical model is used to represent K9 Gold otc 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.
AICAkaike Information Criteria71.8882
BiasArithmetic mean of the errors 3.0E-4
MADMean absolute deviation0.0073
MAPEMean absolute percentage error0.1304
SAESum of the absolute errors0.2996
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. K9 Gold Corp 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for K9 Gold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as K9 Gold Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of K9 Gold's 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
0.000.0613.84
Details
Intrinsic
Valuation
LowRealHigh
0.000.0513.83
Details

Other Forecasting Options for K9 Gold

For every potential investor in WDFCF, whether a beginner or expert, K9 Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. WDFCF OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in WDFCF. Basic forecasting techniques help filter out the noise by identifying K9 Gold's price trends.

K9 Gold 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 K9 Gold otc stock to make a market-neutral strategy. Peer analysis of K9 Gold could also be used in its relative valuation, which is a method of valuing K9 Gold by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

K9 Gold Corp Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of K9 Gold'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 K9 Gold's current price.

K9 Gold Market Strength Events

Market strength indicators help investors to evaluate how K9 Gold otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading K9 Gold shares will generate the highest return on investment. By undertsting and applying K9 Gold otc stock market strength indicators, traders can identify K9 Gold Corp entry and exit signals to maximize returns.

K9 Gold Risk Indicators

The analysis of K9 Gold'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 K9 Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wdfcf otc 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.
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 WDFCF OTC Stock

K9 Gold financial ratios help investors to determine whether WDFCF OTC Stock 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 WDFCF with respect to the benefits of owning K9 Gold security.