Biocartis Group Stock Forward View - Simple Moving Average
| BCART Stock | EUR 0.29 0.00 0.00% |
Biocartis Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Biocartis Group stock prices and determine the direction of Biocartis Group NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Biocartis Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of today the value of rsi of Biocartis Group's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Biocartis Group hype-based prediction, you can estimate the value of Biocartis Group NV from the perspective of Biocartis Group response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Biocartis Group NV on the next trading day is expected to be 0.29 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Biocartis Group after-hype prediction price | EUR 0.29 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Biocartis |
Biocartis Group Additional Predictive Modules
Most predictive techniques to examine Biocartis price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Biocartis using various technical indicators. When you analyze Biocartis 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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Biocartis Group Simple Moving Average Price Forecast For the 31st of January
Given 90 days horizon, the Simple Moving Average forecasted value of Biocartis Group NV on the next trading day is expected to be 0.29 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict Biocartis 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 Biocartis Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Biocartis Group Stock Forecast Pattern
| Backtest Biocartis Group | Biocartis Group Price Prediction | Buy or Sell Advice |
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 Biocartis Group stock data series using in forecasting. Note that when a statistical model is used to represent Biocartis Group 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 | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Biocartis Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Biocartis Group NV. 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 Biocartis Group'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.
Biocartis Group After-Hype Price Density Analysis
As far as predicting the price of Biocartis Group 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 Biocartis Group 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 Stock prices, such as prices of Biocartis Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Biocartis Group Estimiated After-Hype Price Volatility
In the context of predicting Biocartis Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Biocartis Group's historical news coverage. Biocartis Group's after-hype downside and upside margins for the prediction period are 0.29 and 0.29, respectively. We have considered Biocartis Group's 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
Biocartis Group is very steady at this time. Analysis and calculation of next after-hype price of Biocartis Group NV is based on 3 months time horizon.
Biocartis Group Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Biocartis Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Biocartis Group 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 Stock 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 Biocartis Group, 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 |
0.00 | 0.00 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.29 | 0.29 | 0.00 |
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Biocartis Group Hype Timeline
Biocartis Group NV is currently traded for 0.29on Euronext Brussels of Belgium. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Biocartis 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 0.0%. %. The volatility of related hype on Biocartis Group is about 0.0%, with the expected price after the next announcement by competition of 0.29. About 28.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 1.24. Biocartis Group NV had not issued any dividends in recent years. The entity had 783:683 split on the . Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.Biocartis Group Related Hype Analysis
Having access to credible news sources related to Biocartis Group's direct competition is more important than ever and may enhance your ability to predict Biocartis Group's future price movements. Getting to know how Biocartis Group's 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 Biocartis Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ONTEX | Ontex Group NV | 0.00 | 0 per month | 0.00 | (0.12) | 3.99 | (4.40) | 23.18 | |
| ARGX | Argen X | 0.00 | 0 per month | 1.86 | (0.02) | 2.51 | (3.00) | 8.96 | |
| CYAD | Celyad SA | 0.00 | 0 per month | 0.00 | (0.08) | 5.88 | (5.56) | 21.64 |
Biocartis Group 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 Biocartis Group stock to make a market-neutral strategy. Peer analysis of Biocartis Group could also be used in its relative valuation, which is a method of valuing Biocartis Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Biocartis Group Market Strength Events
Market strength indicators help investors to evaluate how Biocartis Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biocartis Group shares will generate the highest return on investment. By undertsting and applying Biocartis Group stock market strength indicators, traders can identify Biocartis Group NV entry and exit signals to maximize returns.
Story Coverage note for Biocartis Group
The number of cover stories for Biocartis Group depends on current market conditions and Biocartis Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Biocartis Group 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 Biocartis Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Biocartis Group Short Properties
Biocartis Group's future price predictability will typically decrease when Biocartis Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Biocartis Group NV often depends not only on the future outlook of the potential Biocartis Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Biocartis Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.9 M | |
| Cash And Short Term Investments | 52.3 M |
Other Information on Investing in Biocartis Stock
Biocartis Group financial ratios help investors to determine whether Biocartis Stock 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 Biocartis with respect to the benefits of owning Biocartis Group security.