BioLargo OTC Stock Forecast - Simple Moving Average
BLGO Stock | USD 0.19 0.01 5.00% |
The Simple Moving Average forecasted value of BioLargo on the next trading day is expected to be 0.19 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.29. BioLargo OTC Stock Forecast is based on your current time horizon.
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BioLargo Simple Moving Average Price Forecast For the 4th of December
Given 90 days horizon, the Simple Moving Average forecasted value of BioLargo on the next trading day is expected to be 0.19 with a mean absolute deviation of 0, mean absolute percentage error of 0.000059, and the sum of the absolute errors of 0.29.Please note that although there have been many attempts to predict BioLargo 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 BioLargo's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
BioLargo OTC Stock Forecast Pattern
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BioLargo Forecasted Value
In the context of forecasting BioLargo's 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. BioLargo's downside and upside margins for the forecasting period are 0 and 3.75, respectively. We have considered BioLargo'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.
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 BioLargo otc stock data series using in forecasting. Note that when a statistical model is used to represent BioLargo 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 | 104.695 |
Bias | Arithmetic mean of the errors | 0.0016 |
MAD | Mean absolute deviation | 0.0048 |
MAPE | Mean absolute percentage error | 0.0232 |
SAE | Sum of the absolute errors | 0.285 |
Predictive Modules for BioLargo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BioLargo. 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.Other Forecasting Options for BioLargo
For every potential investor in BioLargo, whether a beginner or expert, BioLargo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BioLargo OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BioLargo. Basic forecasting techniques help filter out the noise by identifying BioLargo's price trends.View BioLargo Related Equities
Risk & Return | Correlation |
BioLargo Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BioLargo'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 BioLargo's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
BioLargo Market Strength Events
Market strength indicators help investors to evaluate how BioLargo 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 BioLargo shares will generate the highest return on investment. By undertsting and applying BioLargo otc stock market strength indicators, traders can identify BioLargo entry and exit signals to maximize returns.
BioLargo Risk Indicators
The analysis of BioLargo'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 BioLargo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting biolargo 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 | 2.1 | |||
Standard Deviation | 3.68 | |||
Variance | 13.55 |
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.
Other Information on Investing in BioLargo OTC Stock
BioLargo financial ratios help investors to determine whether BioLargo OTC 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 BioLargo with respect to the benefits of owning BioLargo security.