Augusta Gold OTC Stock Forecast - Simple Moving Average

AUGG Stock  USD 1.05  0.01  0.96%   
The Simple Moving Average forecasted value of Augusta Gold Corp on the next trading day is expected to be 1.05 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.88. Augusta OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Augusta Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for Augusta Gold is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Augusta Gold Simple Moving Average Price Forecast For the 14th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Augusta Gold Corp on the next trading day is expected to be 1.05 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.88.
Please note that although there have been many attempts to predict Augusta 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 Augusta Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Augusta Gold OTC Stock Forecast Pattern

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Augusta Gold Forecasted Value

In the context of forecasting Augusta 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. Augusta Gold's downside and upside margins for the forecasting period are 0.01 and 5.95, respectively. We have considered Augusta 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
1.05
1.05
Expected Value
5.95
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Augusta Gold otc stock data series using in forecasting. Note that when a statistical model is used to represent Augusta 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 Criteria108.1619
BiasArithmetic mean of the errors -0.0108
MADMean absolute deviation0.0318
MAPEMean absolute percentage error0.0431
SAESum of the absolute errors1.875
The simple moving average model is conceptually a linear regression of the current value of Augusta Gold Corp price series against current and previous (unobserved) value of Augusta Gold. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Augusta 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 Augusta 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.
Hype
Prediction
LowEstimatedHigh
0.051.055.95
Details
Intrinsic
Valuation
LowRealHigh
0.050.915.81
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Augusta Gold. Your research has to be compared to or analyzed against Augusta Gold's peers to derive any actionable benefits. When done correctly, Augusta Gold'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 Augusta Gold Corp.

Other Forecasting Options for Augusta Gold

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

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

Augusta 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 Augusta 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 Augusta Gold's current price.

Augusta Gold Market Strength Events

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

Augusta Gold Risk Indicators

The analysis of Augusta 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 Augusta Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting augusta 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.

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Other Information on Investing in Augusta OTC Stock

Augusta Gold financial ratios help investors to determine whether Augusta 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 Augusta with respect to the benefits of owning Augusta Gold security.