Aeon Metals Stock Forecast - Simple Regression

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The Simple Regression forecasted value of Aeon Metals on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Aeon Stock Forecast is based on your current time horizon.
  
At this time, Aeon Metals' Non Current Assets Total are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 1.2 M in 2024, whereas Other Liabilities is likely to drop slightly above 34.2 K in 2024.
Simple Regression model is a single variable regression model that attempts to put a straight line through Aeon Metals price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Aeon Metals Simple Regression Price Forecast For the 30th of November

Given 90 days horizon, the Simple Regression forecasted value of Aeon Metals on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Aeon 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 Aeon Metals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aeon Metals Stock Forecast Pattern

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Aeon Metals Forecasted Value

In the context of forecasting Aeon Metals' 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. Aeon Metals' downside and upside margins for the forecasting period are 0.01 and 0.01, respectively. We have considered Aeon Metals' 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
0.01
0.01
Expected Value
0.01
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Aeon Metals stock data series using in forecasting. Note that when a statistical model is used to represent Aeon Metals 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 Criteria40.5379
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Aeon Metals historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Aeon Metals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aeon Metals. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.
Hype
Prediction
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Intrinsic
Valuation
LowRealHigh
0.0000.01
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Other Forecasting Options for Aeon Metals

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

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

Aeon Metals Technical and Predictive Analytics

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

Aeon Metals Market Strength Events

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Aeon Stock Analysis

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