Biotest Aktiengesellscha Pink Sheet Forecast - Naive Prediction
| BTTAYDelisted Stock | 24.23 0.00 0.00% |
The Naive Prediction forecasted value of Biotest Aktiengesellschaft on the next trading day is expected to be 24.27 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 8.08. Biotest Pink Sheet Forecast is based on your current time horizon.
At this time, the relative strength index (RSI) of Biotest Aktiengesellscha's share price is approaching 49 suggesting that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Biotest Aktiengesellscha, making its price go up or down. Momentum 49
Impartial
Oversold | Overbought |
Using Biotest Aktiengesellscha hype-based prediction, you can estimate the value of Biotest Aktiengesellschaft from the perspective of Biotest Aktiengesellscha response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Biotest Aktiengesellschaft on the next trading day is expected to be 24.27 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 8.08. Biotest Aktiengesellscha after-hype prediction price | USD 24.23 |
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Biotest |
Biotest Aktiengesellscha Additional Predictive Modules
Most predictive techniques to examine Biotest price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Biotest using various technical indicators. When you analyze Biotest 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Biotest Aktiengesellscha Naive Prediction Price Forecast For the 23rd of January
Given 90 days horizon, the Naive Prediction forecasted value of Biotest Aktiengesellschaft on the next trading day is expected to be 24.27 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.09, and the sum of the absolute errors of 8.08.Please note that although there have been many attempts to predict Biotest 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 Biotest Aktiengesellscha's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Biotest Aktiengesellscha Pink Sheet Forecast Pattern
| Backtest Biotest Aktiengesellscha | Biotest Aktiengesellscha Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Biotest Aktiengesellscha pink sheet data series using in forecasting. Note that when a statistical model is used to represent Biotest Aktiengesellscha 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 | 115.6687 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1324 |
| MAPE | Mean absolute percentage error | 0.0056 |
| SAE | Sum of the absolute errors | 8.0765 |
Predictive Modules for Biotest Aktiengesellscha
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Biotest Aktiengesellscha. 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.Biotest Aktiengesellscha After-Hype Price Prediction Density Analysis
As far as predicting the price of Biotest Aktiengesellscha 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 Biotest Aktiengesellscha 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 Pink Sheet prices, such as prices of Biotest Aktiengesellscha, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Biotest Aktiengesellscha Estimiated After-Hype Price Volatility
In the context of predicting Biotest Aktiengesellscha's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Biotest Aktiengesellscha's historical news coverage. Biotest Aktiengesellscha's after-hype downside and upside margins for the prediction period are 24.23 and 24.23, respectively. We have considered Biotest Aktiengesellscha'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
Biotest Aktiengesellscha is very steady at this time. Analysis and calculation of next after-hype price of Biotest Aktiengesellscha is based on 3 months time horizon.
Biotest Aktiengesellscha Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Biotest Aktiengesellscha is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Biotest Aktiengesellscha 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 Pink Sheet 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 Biotest Aktiengesellscha, 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 | ||
24.23 | 24.23 | 0.00 |
|
Biotest Aktiengesellscha Hype Timeline
Biotest Aktiengesellscha is currently traded for 24.23. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Biotest 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 Biotest Aktiengesellscha is about 0.0%, with the expected price after the next announcement by competition of 24.23. The company had not issued any dividends in recent years. Assuming the 90 days 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 various price indices.Biotest Aktiengesellscha Related Hype Analysis
Having access to credible news sources related to Biotest Aktiengesellscha's direct competition is more important than ever and may enhance your ability to predict Biotest Aktiengesellscha's future price movements. Getting to know how Biotest Aktiengesellscha'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 Biotest Aktiengesellscha may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| KKPCF | Kaken Pharmaceutical Co | 0.00 | 0 per month | 0.00 | 0.02 | 0.00 | 0.00 | 26.44 | |
| LYPHF | Luye Pharma Group | 0.00 | 0 per month | 0.00 | 0.1 | 0.00 | 0.00 | 49.57 | |
| IVEVF | Inventiva SA | 0.00 | 0 per month | 0.00 | 0.02 | 0.00 | 0.00 | 7.77 | |
| KSRBF | Kossan Rubber Industries | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CSWYF | China Shineway Pharmaceutical | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CKDXF | Opthea | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CLAZF | Claritas Pharmaceuticals | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| TBGNF | Oxurion NV | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBRCZ | EBR Systems | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| KDGTF | Kindstar Global Technology | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Biotest Aktiengesellscha 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 Biotest Aktiengesellscha pink sheet to make a market-neutral strategy. Peer analysis of Biotest Aktiengesellscha could also be used in its relative valuation, which is a method of valuing Biotest Aktiengesellscha by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Biotest Aktiengesellscha Market Strength Events
Market strength indicators help investors to evaluate how Biotest Aktiengesellscha pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biotest Aktiengesellscha shares will generate the highest return on investment. By undertsting and applying Biotest Aktiengesellscha pink sheet market strength indicators, traders can identify Biotest Aktiengesellschaft entry and exit signals to maximize returns.
Story Coverage note for Biotest Aktiengesellscha
The number of cover stories for Biotest Aktiengesellscha depends on current market conditions and Biotest Aktiengesellscha's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Biotest Aktiengesellscha 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 Biotest Aktiengesellscha's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
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 various price indices. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Biotest Pink Sheet
If you are still planning to invest in Biotest Aktiengesellscha 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 Biotest Aktiengesellscha's history and understand the potential risks before investing.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |