CareMax Pink Sheet Forecast - Polynomial Regression

CMAXWDelisted Stock  USD 0.01  0  77.78%   
The Polynomial Regression forecasted value of CareMax on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.14. CareMax Pink Sheet Forecast is based on your current time horizon.
  
CareMax polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for CareMax as well as the accuracy indicators are determined from the period prices.

CareMax Polynomial Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Polynomial Regression forecasted value of CareMax on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.000013, and the sum of the absolute errors of 0.14.
Please note that although there have been many attempts to predict CareMax 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 CareMax's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CareMax Pink Sheet Forecast Pattern

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CareMax Forecasted Value

In the context of forecasting CareMax'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. CareMax's downside and upside margins for the forecasting period are 0.000096 and 145.71, respectively. We have considered CareMax'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
0.01
0.000096
Downside
0.01
Expected Value
145.71
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 CareMax pink sheet data series using in forecasting. Note that when a statistical model is used to represent CareMax 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 Criteria106.8642
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0023
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors0.1419
A single variable polynomial regression model attempts to put a curve through the CareMax 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 CareMax

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CareMax. 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 CareMax'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
0.000.0150.49
Details
Intrinsic
Valuation
LowRealHigh
0.000.0150.49
Details

Other Forecasting Options for CareMax

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

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

CareMax Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CareMax'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 CareMax's current price.

CareMax Market Strength Events

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

CareMax Risk Indicators

The analysis of CareMax'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 CareMax's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting caremax 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Historical Fundamental Analysis of CareMax to cross-verify your projections.
For more information on how to buy CareMax Pink Sheet please use our How to Invest in CareMax guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in CareMax Pink Sheet

If you are still planning to invest in CareMax 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 CareMax's history and understand the potential risks before investing.
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