Ayurcann Holdings OTC Stock Forecast - 8 Period Moving Average

AYURF Stock  USD 0.02  0.00  0.00%   
The 8 Period Moving Average forecasted value of Ayurcann Holdings Corp on the next trading day is expected to be 0.02 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.26. Ayurcann OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ayurcann Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Ayurcann Holdings is based on an artificially constructed time series of Ayurcann Holdings daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Ayurcann Holdings 8 Period Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Ayurcann Holdings Corp on the next trading day is expected to be 0.02 with a mean absolute deviation of 0, mean absolute percentage error of 0.00007, and the sum of the absolute errors of 0.26.
Please note that although there have been many attempts to predict Ayurcann 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 Ayurcann Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ayurcann Holdings OTC Stock Forecast Pattern

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Ayurcann Holdings Forecasted Value

In the context of forecasting Ayurcann Holdings' 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. Ayurcann Holdings' downside and upside margins for the forecasting period are 0.0002 and 10.86, respectively. We have considered Ayurcann Holdings' 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
0.02
0.0002
Downside
0.02
Expected Value
10.86
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Ayurcann Holdings otc stock data series using in forecasting. Note that when a statistical model is used to represent Ayurcann Holdings 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 Criteria93.839
BiasArithmetic mean of the errors 0.0013
MADMean absolute deviation0.0048
MAPEMean absolute percentage error0.1852
SAESum of the absolute errors0.2562
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. Ayurcann Holdings Corp 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Ayurcann Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ayurcann Holdings 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
0.000.0210.86
Details
Intrinsic
Valuation
LowRealHigh
0.000.0210.86
Details

Other Forecasting Options for Ayurcann Holdings

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

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 Risk & Return  Correlation

Ayurcann Holdings 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 Ayurcann Holdings' 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 Ayurcann Holdings' current price.

Ayurcann Holdings Market Strength Events

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

Ayurcann Holdings Risk Indicators

The analysis of Ayurcann Holdings' 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 Ayurcann Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ayurcann 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 Ayurcann OTC Stock

Ayurcann Holdings financial ratios help investors to determine whether Ayurcann 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 Ayurcann with respect to the benefits of owning Ayurcann Holdings security.