Devonian Health OTC Stock Forecast - Simple Regression

Devonian Health Additional Predictive Modules

Most predictive techniques to examine Devonian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Devonian using various technical indicators. When you analyze Devonian 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. Simple Regression model is a single variable regression model that attempts to put a straight line through Devonian Health price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Devonian Health Simple Regression Price Forecast For the 27th of January

Given 90 days horizon, the Simple Regression forecasted value of Devonian Health Group on the next trading day is expected to be 3.90 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.54, and the sum of the absolute errors of 16.87.

Devonian Health OTC Stock Forecast Pattern

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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 Devonian Health otc stock data series using in forecasting. Note that when a statistical model is used to represent Devonian Health otc 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Devonian Health Group historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Devonian Health

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Devonian Health Group. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.

Hype Prediction Low Estimated High 0.21 4.27 431.27 Details

Intrinsic Valuation Low Real High 0.13 2.67 429.67 Details

Bollinger Band Projection (param) Low Middle High 1.60 3.92 6.24 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Devonian Health. Your research has to be compared to or analyzed against Devonian Health's peers to derive any actionable benefits. When done correctly, Devonian Health's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Devonian Health Group.

Devonian Health After-Hype Price Density Analysis

Devonian Health Estimiated After-Hype Price Volatility

Devonian Health OTC Stock Price Outlook Analysis

Notes

Devonian Health Hype Timeline

Devonian Health Group is currently traded for 4.27. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.03. Devonian 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 28.62%. %. The volatility of related hype on Devonian Health is about 1.680660377E7%, with the expected price after the next announcement by competition of 4.24. The book value of the company was currently reported as 0.12. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Devonian Health to cross-verify your projections.

Devonian Health Related Hype Analysis

Other Forecasting Options for Devonian Health

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

Devonian Health Related Equities

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