Fortescue Metals OTC Stock Forward View - Simple Moving Average
| FSUGY Stock | USD 30.50 0.03 0.1% |
Fortescue OTC Stock outlook is based on your current time horizon.
At this time, The value of RSI of Fortescue Metals' share price is at 54. This usually indicates that the otc stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Fortescue Metals, making its price go up or down. Momentum 54
Impartial
Oversold | Overbought |
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Fortescue Metals based on different types of headlines from major news networks to social media. Using Fortescue Metals hype-based prediction, you can estimate the value of Fortescue Metals Group from the perspective of Fortescue Metals response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Fortescue Metals Group on the next trading day is expected to be 30.48 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 24.12. Fortescue Metals after-hype prediction price | USD 30.5 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Fortescue |
Fortescue Metals Additional Predictive Modules
Most predictive techniques to examine Fortescue price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fortescue using various technical indicators. When you analyze Fortescue charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Fortescue Metals Simple Moving Average Price Forecast For the 30th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Fortescue Metals Group on the next trading day is expected to be 30.48 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.28, and the sum of the absolute errors of 24.12.Please note that although there have been many attempts to predict Fortescue 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 Fortescue Metals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fortescue Metals OTC Stock Forecast Pattern
| Backtest Fortescue Metals | Fortescue Metals Price Prediction | Buy or Sell Advice |
Fortescue Metals Forecasted Value
In the context of forecasting Fortescue Metals' 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. Fortescue Metals' downside and upside margins for the forecasting period are 28.81 and 32.16, respectively. We have considered Fortescue Metals' 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Fortescue Metals otc stock data series using in forecasting. Note that when a statistical model is used to represent Fortescue Metals 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.| AIC | Akaike Information Criteria | 113.1495 |
| Bias | Arithmetic mean of the errors | -0.0713 |
| MAD | Mean absolute deviation | 0.4087 |
| MAPE | Mean absolute percentage error | 0.0141 |
| SAE | Sum of the absolute errors | 24.115 |
Predictive Modules for Fortescue Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortescue Metals. 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.Fortescue Metals After-Hype Price Density Analysis
As far as predicting the price of Fortescue Metals at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Fortescue Metals or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of OTC Stock prices, such as prices of Fortescue Metals, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Fortescue Metals Estimiated After-Hype Price Volatility
In the context of predicting Fortescue Metals' otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fortescue Metals' historical news coverage. Fortescue Metals' after-hype downside and upside margins for the prediction period are 28.83 and 32.17, respectively. We have considered Fortescue Metals' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Fortescue Metals is very steady at this time. Analysis and calculation of next after-hype price of Fortescue Metals is based on 3 months time horizon.
Fortescue Metals OTC Stock Price Outlook Analysis
Have you ever been surprised when a price of a OTC Stock such as Fortescue Metals is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fortescue Metals backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the OTC price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Fortescue Metals, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.16 | 1.67 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
30.50 | 30.50 | 0.00 |
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Fortescue Metals Hype Timeline
Fortescue Metals is currently traded for 30.50. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Fortescue is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.16%. %. The volatility of related hype on Fortescue Metals is about 0.0%, with the expected price after the next announcement by competition of 30.50. The book value of the company was currently reported as 11.27. The company last dividend was issued on the 8th of September 2022. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Fortescue Metals to cross-verify your projections.Fortescue Metals Related Hype Analysis
Having access to credible news sources related to Fortescue Metals' direct competition is more important than ever and may enhance your ability to predict Fortescue Metals' future price movements. Getting to know how Fortescue Metals' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Fortescue Metals may potentially react to the hype associated with one of its peers.
Other Forecasting Options for Fortescue Metals
For every potential investor in Fortescue, whether a beginner or expert, Fortescue Metals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fortescue OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fortescue. Basic forecasting techniques help filter out the noise by identifying Fortescue Metals' price trends.View Fortescue Metals Related Equities
| Risk & Return | Correlation |
Fortescue Metals Market Strength Events
Market strength indicators help investors to evaluate how Fortescue Metals 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 Fortescue Metals shares will generate the highest return on investment. By undertsting and applying Fortescue Metals otc stock market strength indicators, traders can identify Fortescue Metals Group entry and exit signals to maximize returns.
Fortescue Metals Risk Indicators
The analysis of Fortescue Metals' 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 Fortescue Metals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fortescue 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.
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.6 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.8 | |||
| Downside Variance | 3.29 | |||
| Semi Variance | 2.56 | |||
| Expected Short fall | (1.26) |
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.
Story Coverage note for Fortescue Metals
The number of cover stories for Fortescue Metals depends on current market conditions and Fortescue Metals' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Fortescue Metals is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Fortescue Metals' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Fortescue OTC Stock Analysis
When running Fortescue Metals' price analysis, check to measure Fortescue Metals' 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 Fortescue Metals is operating at the current time. Most of Fortescue Metals' value examination focuses on studying past and present price action to predict the probability of Fortescue Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortescue Metals' price. Additionally, you may evaluate how the addition of Fortescue Metals to your portfolios can decrease your overall portfolio volatility.