FEC Resources Pink Sheet Forecast - Simple Regression

FECOF Stock  USD 0  0.00  0.00%   
The Simple Regression forecasted value of FEC Resources on the next trading day is expected to be 0 with a mean absolute deviation of 0.0005 and the sum of the absolute errors of 0.03. FEC Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FEC Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through FEC Resources 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.

FEC Resources Simple Regression Price Forecast For the 17th of December 2024

Given 90 days horizon, the Simple Regression forecasted value of FEC Resources on the next trading day is expected to be 0 with a mean absolute deviation of 0.0005, mean absolute percentage error of 0.00000036, and the sum of the absolute errors of 0.03.
Please note that although there have been many attempts to predict FEC 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 FEC Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FEC Resources Pink Sheet Forecast Pattern

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FEC Resources Forecasted Value

In the context of forecasting FEC Resources' 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. FEC Resources' downside and upside margins for the forecasting period are 0.000016 and 28.46, respectively. We have considered FEC Resources' 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
0.000016
Downside
0
Expected Value
28.46
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 FEC Resources pink sheet data series using in forecasting. Note that when a statistical model is used to represent FEC Resources 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 Criteria103.2819
BiasArithmetic mean of the errors None
MADMean absolute deviation5.0E-4
MAPEMean absolute percentage error0.2228
SAESum of the absolute errors0.0292
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 FEC Resources 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 FEC Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FEC Resources. 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
0.00028.46
Details
Intrinsic
Valuation
LowRealHigh
0.00028.46
Details

Other Forecasting Options for FEC Resources

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

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

FEC Resources 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 FEC Resources' 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 FEC Resources' current price.

FEC Resources Market Strength Events

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

FEC Resources Risk Indicators

The analysis of FEC Resources' 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 FEC Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fec 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.

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Other Information on Investing in FEC Pink Sheet

FEC Resources financial ratios help investors to determine whether FEC 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 FEC with respect to the benefits of owning FEC Resources security.