CB Scientific Pink Sheet Forecast - Polynomial Regression

CBSC Stock  USD 0.03  0  11.76%   
The Polynomial Regression forecasted value of CB Scientific on the next trading day is expected to be 0.03 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.22. CBSC Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CB Scientific stock prices and determine the direction of CB Scientific's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CB Scientific's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the relative strength index (RSI) of CB Scientific's share price is approaching 45 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 CB Scientific, making its price go up or down.

Momentum 45

 Impartial

 
Oversold
 
Overbought
The successful prediction of CB Scientific's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with CB Scientific, which may create opportunities for some arbitrage if properly timed.
Using CB Scientific hype-based prediction, you can estimate the value of CB Scientific from the perspective of CB Scientific response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of CB Scientific on the next trading day is expected to be 0.03 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.22.

CB Scientific after-hype prediction price

    
  USD 0.03  
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.
  
Check out Historical Fundamental Analysis of CB Scientific to cross-verify your projections.

CB Scientific Additional Predictive Modules

Most predictive techniques to examine CBSC price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CBSC using various technical indicators. When you analyze CBSC 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.
CB Scientific polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for CB Scientific as well as the accuracy indicators are determined from the period prices.

CB Scientific Polynomial Regression Price Forecast For the 24th of January

Given 90 days horizon, the Polynomial Regression forecasted value of CB Scientific on the next trading day is expected to be 0.03 with a mean absolute deviation of 0, mean absolute percentage error of 0.000022, and the sum of the absolute errors of 0.22.
Please note that although there have been many attempts to predict CBSC 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 CB Scientific's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CB Scientific Pink Sheet Forecast Pattern

Backtest CB ScientificCB Scientific Price PredictionBuy or Sell Advice 

CB Scientific Forecasted Value

In the context of forecasting CB Scientific's Pink Sheet 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. CB Scientific's downside and upside margins for the forecasting period are 0.0003 and 12.51, respectively. We have considered CB Scientific'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.
Market Value
0.03
0.0003
Downside
0.03
Expected Value
12.51
Upside

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 CB Scientific pink sheet data series using in forecasting. Note that when a statistical model is used to represent CB Scientific 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.
AICAkaike Information Criteria107.3941
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0037
MAPEMean absolute percentage error0.1094
SAESum of the absolute errors0.2243
A single variable polynomial regression model attempts to put a curve through the CB Scientific historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for CB Scientific

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CB Scientific. 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 CB Scientific'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.
Hype
Prediction
LowEstimatedHigh
0.000.0312.40
Details
Intrinsic
Valuation
LowRealHigh
0.000.0312.40
Details

CB Scientific After-Hype Price Prediction Density Analysis

As far as predicting the price of CB Scientific 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 CB Scientific 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 CB Scientific, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

CB Scientific Estimiated After-Hype Price Volatility

In the context of predicting CB Scientific's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CB Scientific's historical news coverage. CB Scientific's after-hype downside and upside margins for the prediction period are 0.00 and 12.40, respectively. We have considered CB Scientific'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
0.03
0.03
After-hype Price
12.40
Upside
CB Scientific is out of control at this time. Analysis and calculation of next after-hype price of CB Scientific is based on 3 months time horizon.

CB Scientific Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as CB Scientific is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CB Scientific 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 CB Scientific, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.24 
12.47
 0.00  
 0.00  
0 Events / Month
2 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.03
0.03
0.00 
0.00  
Notes

CB Scientific Hype Timeline

CB Scientific is currently traded for 0.03. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. CBSC is projected 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 projected to be very small, whereas the daily expected return is currently at 0.24%. %. The volatility of related hype on CB Scientific is about 588207.55%, with the expected price after the next announcement by competition of 0.03. The company recorded a loss per share of 0.01. CB Scientific had not issued any dividends in recent years. The entity had 1:75 split on the 16th of February 2016. Given the investment horizon of 90 days the next projected press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of CB Scientific to cross-verify your projections.

CB Scientific Related Hype Analysis

Having access to credible news sources related to CB Scientific's direct competition is more important than ever and may enhance your ability to predict CB Scientific's future price movements. Getting to know how CB Scientific'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 CB Scientific may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
RSCFReflect Scientific 0 2 per month 5.08  0.01  20.00 (16.67) 45.00 
IDXGInterpace Biosciences 0.00 0 per month 5.17  0.13  17.14 (10.45) 45.43 
RNVARennova Health 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
RMSLREMSleep Holdings 0.06 4 per month 7.38  0.08  20.00 (18.75) 278.33 
LIFDLFTD Partners 0.00 0 per month 9.46  0.04  22.73 (22.22) 72.22 
TDSGFTelo Genomics Corp(0.04)3 per month 7.37  0  14.29 (18.37) 48.57 
TGIFF1933 Industries 0.00 0 per month 15.74  0.08  29.23 (30.11) 114.47 
CPIVFCaptiva Verde Land 0.00 0 per month 25.14  0.22  127.27 (58.95) 216.41 
FZMDFuse Medical 0.00 0 per month 0.00  0.11  25.00 (20.00) 321.43 
ENZNEnzon Pharmaceuticals 0.00 0 per month 0.00 (0.02) 20.00 (16.67) 45.00 

Other Forecasting Options for CB Scientific

For every potential investor in CBSC, whether a beginner or expert, CB Scientific's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CBSC Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CBSC. Basic forecasting techniques help filter out the noise by identifying CB Scientific's price trends.

CB Scientific 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 CB Scientific pink sheet to make a market-neutral strategy. Peer analysis of CB Scientific could also be used in its relative valuation, which is a method of valuing CB Scientific by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

CB Scientific Market Strength Events

Market strength indicators help investors to evaluate how CB Scientific 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 CB Scientific shares will generate the highest return on investment. By undertsting and applying CB Scientific pink sheet market strength indicators, traders can identify CB Scientific entry and exit signals to maximize returns.

CB Scientific Risk Indicators

The analysis of CB Scientific'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 CB Scientific's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cbsc pink sheet 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.
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 CB Scientific

The number of cover stories for CB Scientific depends on current market conditions and CB Scientific's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CB Scientific 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 CB Scientific'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

CB Scientific Short Properties

CB Scientific's future price predictability will typically decrease when CB Scientific's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of CB Scientific often depends not only on the future outlook of the potential CB Scientific'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. CB Scientific's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding112.2 M
Short Long Term Debt43.8 K

Other Information on Investing in CBSC Pink Sheet

CB Scientific financial ratios help investors to determine whether CBSC Pink Sheet 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 CBSC with respect to the benefits of owning CB Scientific security.