Nano One Pink Sheet Forecast - 4 Period Moving Average

NNOMF Stock  USD 0.70  0.01  1.41%   
The 4 Period Moving Average forecasted value of Nano One Materials on the next trading day is expected to be 0.70 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.31. Nano Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Nano One's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Nano One Materials is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Nano One 4 Period Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of Nano One Materials on the next trading day is expected to be 0.70 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.31.
Please note that although there have been many attempts to predict Nano 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 Nano One's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Nano One Pink Sheet Forecast Pattern

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Nano One Forecasted Value

In the context of forecasting Nano One's 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. Nano One's downside and upside margins for the forecasting period are 0.01 and 6.83, respectively. We have considered Nano One'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
0.70
0.70
Expected Value
6.83
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Nano One pink sheet data series using in forecasting. Note that when a statistical model is used to represent Nano One 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 Criteria107.0494
BiasArithmetic mean of the errors -0.006
MADMean absolute deviation0.0397
MAPEMean absolute percentage error0.0567
SAESum of the absolute errors2.305
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Nano One. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Nano One Materials and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Nano One

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nano One Materials. 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
0.030.706.78
Details
Intrinsic
Valuation
LowRealHigh
0.030.596.67
Details

Other Forecasting Options for Nano One

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

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Nano One Materials 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 Nano One'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 Nano One's current price.

Nano One Market Strength Events

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

Nano One Risk Indicators

The analysis of Nano One'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 Nano One's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nano 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 Nano Pink Sheet

Nano One financial ratios help investors to determine whether Nano 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 Nano with respect to the benefits of owning Nano One security.