Corbus Pharmaceuticals Stock Forecast - Simple Regression
| CRBP Stock | USD 5.03 0.28 5.27% |
The Simple Regression forecasted value of Corbus Pharmaceuticals Holding on the next trading day is expected to be 4.76 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.82. Corbus Stock Forecast is based on your current time horizon. Although Corbus Pharmaceuticals' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Corbus Pharmaceuticals' systematic risk associated with finding meaningful patterns of Corbus Pharmaceuticals fundamentals over time.
Corbus |
Open Interest Against 2025-06-20 Corbus Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Corbus Pharmaceuticals' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Corbus Pharmaceuticals' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Corbus Pharmaceuticals stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Corbus Pharmaceuticals' open interest, investors have to compare it to Corbus Pharmaceuticals' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Corbus Pharmaceuticals is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Corbus. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Corbus Pharmaceuticals Simple Regression Price Forecast For the 2nd of April
Given 90 days horizon, the Simple Regression forecasted value of Corbus Pharmaceuticals Holding on the next trading day is expected to be 4.76 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.34, and the sum of the absolute errors of 28.82.Please note that although there have been many attempts to predict Corbus 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 Corbus Pharmaceuticals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Corbus Pharmaceuticals Stock Forecast Pattern
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Corbus Pharmaceuticals Forecasted Value
In the context of forecasting Corbus Pharmaceuticals' 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. Corbus Pharmaceuticals' downside and upside margins for the forecasting period are 0.05 and 9.84, respectively. We have considered Corbus Pharmaceuticals' 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 Regression forecasting method's relative quality and the estimations of the prediction error of Corbus Pharmaceuticals stock data series using in forecasting. Note that when a statistical model is used to represent Corbus Pharmaceuticals 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 | 117.0201 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4724 |
| MAPE | Mean absolute percentage error | 0.0535 |
| SAE | Sum of the absolute errors | 28.8162 |
Predictive Modules for Corbus Pharmaceuticals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Corbus Pharmaceuticals. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Corbus Pharmaceuticals
For every potential investor in Corbus, whether a beginner or expert, Corbus Pharmaceuticals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Corbus Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Corbus. Basic forecasting techniques help filter out the noise by identifying Corbus Pharmaceuticals' price trends.View Corbus Pharmaceuticals Related Equities
| Risk & Return | Correlation |
Corbus Pharmaceuticals Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Corbus Pharmaceuticals' 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 Corbus Pharmaceuticals' current price.| Cycle Indicators | ||
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Corbus Pharmaceuticals Market Strength Events
Market strength indicators help investors to evaluate how Corbus Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corbus Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Corbus Pharmaceuticals stock market strength indicators, traders can identify Corbus Pharmaceuticals Holding entry and exit signals to maximize returns.
Corbus Pharmaceuticals Risk Indicators
The analysis of Corbus Pharmaceuticals' 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 Corbus Pharmaceuticals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting corbus 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 | 3.65 | |||
| Standard Deviation | 4.9 | |||
| Variance | 24.04 |
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.
Additional Tools for Corbus Stock Analysis
When running Corbus Pharmaceuticals' price analysis, check to measure Corbus Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corbus Pharmaceuticals is operating at the current time. Most of Corbus Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Corbus Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corbus Pharmaceuticals' price. Additionally, you may evaluate how the addition of Corbus Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.