Biosyntech Pink Sheet Forecast - Polynomial Regression
The Polynomial Regression forecasted value of Biosyntech on the next trading day is expected to be -0.0001 with a mean absolute deviation of 0.0001 and the sum of the absolute errors of 0.01. Biosyntech Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Biosyntech's historical fundamentals, such as revenue growth or operating cash flow patterns.
Biosyntech |
Biosyntech Polynomial Regression Price Forecast For the 1st of January
Given 90 days horizon, the Polynomial Regression forecasted value of Biosyntech on the next trading day is expected to be -0.0001 with a mean absolute deviation of 0.0001, mean absolute percentage error of 0.00000013, and the sum of the absolute errors of 0.01.Please note that although there have been many attempts to predict Biosyntech 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 Biosyntech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Biosyntech Pink Sheet Forecast Pattern
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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 Biosyntech pink sheet data series using in forecasting. Note that when a statistical model is used to represent Biosyntech 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.| AIC | Akaike Information Criteria | 102.2286 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.0E-4 |
| MAPE | Mean absolute percentage error | 9.223372036854776E14 |
| SAE | Sum of the absolute errors | 0.0073 |
Predictive Modules for Biosyntech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Biosyntech. 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 Biosyntech'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.
Biosyntech 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 Biosyntech pink sheet to make a market-neutral strategy. Peer analysis of Biosyntech could also be used in its relative valuation, which is a method of valuing Biosyntech by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
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 private. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Biosyntech Pink Sheet
If you are still planning to invest in Biosyntech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Biosyntech's history and understand the potential risks before investing.
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