Tego Cyber Pink Sheet Forecast - 4 Period Moving Average

TGCB Stock  USD 0.08  0.01  15.79%   
The 4 Period Moving Average forecasted value of Tego Cyber on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.54. Tego Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tego Cyber stock prices and determine the direction of Tego Cyber's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tego Cyber's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Tego Cyber 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.

Tego Cyber 4 Period Moving Average Price Forecast For the 23rd of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Tego Cyber on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.54.
Please note that although there have been many attempts to predict Tego 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 Tego Cyber's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tego Cyber Pink Sheet Forecast Pattern

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Tego Cyber Forecasted Value

In the context of forecasting Tego Cyber'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. Tego Cyber's downside and upside margins for the forecasting period are 0.0008 and 19.31, respectively. We have considered Tego Cyber'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
0.08
0.0008
Downside
0.08
Expected Value
19.31
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 Tego Cyber pink sheet data series using in forecasting. Note that when a statistical model is used to represent Tego Cyber 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 Criteria102.043
BiasArithmetic mean of the errors 2.0E-4
MADMean absolute deviation0.0094
MAPEMean absolute percentage error0.1095
SAESum of the absolute errors0.5377
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 Tego Cyber. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Tego Cyber and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Tego Cyber

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tego Cyber. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tego Cyber's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.0819.45
Details
Intrinsic
Valuation
LowRealHigh
0.000.0719.44
Details

Other Forecasting Options for Tego Cyber

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

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 Risk & Return  Correlation

Tego Cyber 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 Tego Cyber'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 Tego Cyber's current price.

Tego Cyber Market Strength Events

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

Tego Cyber Risk Indicators

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

Tego Cyber financial ratios help investors to determine whether Tego 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 Tego with respect to the benefits of owning Tego Cyber security.