American Creek Stock Forecast - Polynomial Regression

AMK Stock  CAD 0.14  0.02  12.50%   
The Polynomial Regression forecasted value of American Creek Resources on the next trading day is expected to be 0.16 with a mean absolute deviation of  0.01  and the sum of the absolute errors of 0.50. American Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast American Creek stock prices and determine the direction of American Creek Resources's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of American Creek's historical fundamentals, such as revenue growth or operating cash flow patterns. Although American Creek's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of American Creek's systematic risk associated with finding meaningful patterns of American Creek fundamentals over time.
Check out Historical Fundamental Analysis of American Creek to cross-verify your projections.
  
Inventory Turnover is likely to climb to 26.43 in 2024. Payables Turnover is likely to climb to 0.25 in 2024. Net Income Applicable To Common Shares is likely to climb to about 186.4 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 394.2 M in 2024.
Most investors in American Creek cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the American Creek's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets American Creek's price structures and extracts relationships that further increase the generated results' accuracy.
American Creek polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for American Creek Resources as well as the accuracy indicators are determined from the period prices.

American Creek Polynomial Regression Price Forecast For the 29th of March

Given 90 days horizon, the Polynomial Regression forecasted value of American Creek Resources on the next trading day is expected to be 0.16 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.50.
Please note that although there have been many attempts to predict American 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 American Creek's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

American Creek Stock Forecast Pattern

Backtest American CreekAmerican Creek Price PredictionBuy or Sell Advice 

American Creek Forecasted Value

In the context of forecasting American Creek's 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. American Creek's downside and upside margins for the forecasting period are 0 and 5.79, respectively. We have considered American Creek'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
0.14
0.16
Expected Value
5.79
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of American Creek stock data series using in forecasting. Note that when a statistical model is used to represent American Creek 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 Criteria109.0328
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0082
MAPEMean absolute percentage error0.0588
SAESum of the absolute errors0.4976
A single variable polynomial regression model attempts to put a curve through the American Creek historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for American Creek

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Creek Resources. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Creek'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
0.010.155.79
Details
Intrinsic
Valuation
LowRealHigh
0.010.125.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Creek. Your research has to be compared to or analyzed against American Creek's peers to derive any actionable benefits. When done correctly, American Creek'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 American Creek Resources.

Other Forecasting Options for American Creek

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

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

American Creek Resources Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of American Creek'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 American Creek's current price.

American Creek Market Strength Events

Market strength indicators help investors to evaluate how American Creek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Creek shares will generate the highest return on investment. By undertsting and applying American Creek stock market strength indicators, traders can identify American Creek Resources entry and exit signals to maximize returns.

American Creek Risk Indicators

The analysis of American Creek'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 American Creek's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Creek in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Creek's short interest history, or implied volatility extrapolated from American Creek options trading.

Pair Trading with American Creek

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Creek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Creek will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

  0.66ASM Avino Silver GoldPairCorr
  0.76PPTA Perpetua Resources CorpPairCorr
  0.8CGG China Gold International Earnings Call TodayPairCorr

Moving against American Stock

  0.76LUC Lucara Diamond CorpPairCorr
  0.6LIF Labrador Iron OrePairCorr
  0.47ELR Eastern PlatinumPairCorr
The ability to find closely correlated positions to American Creek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Creek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Creek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Creek Resources to buy it.
The correlation of American Creek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Creek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Creek Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Creek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Historical Fundamental Analysis of American Creek to cross-verify your projections.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running American Creek's price analysis, check to measure American Creek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Creek is operating at the current time. Most of American Creek's value examination focuses on studying past and present price action to predict the probability of American Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Creek's price. Additionally, you may evaluate how the addition of American Creek to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between American Creek's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Creek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Creek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.