Field Trip Pink Sheet Forecast - Polynomial Regression

FTHWFDelisted Stock  USD 0.04  0.00  0.00%   
The Polynomial Regression forecasted value of Field Trip Health on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01. Field Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Field Trip's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Field Trip polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Field Trip Health as well as the accuracy indicators are determined from the period prices.

Field Trip Polynomial Regression Price Forecast For the 4th of February

Given 90 days horizon, the Polynomial Regression forecasted value of Field Trip Health on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.0002, mean absolute percentage error of 0.00000018, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict Field 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 Field Trip's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Field Trip Pink Sheet Forecast Pattern

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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 Field Trip pink sheet data series using in forecasting. Note that when a statistical model is used to represent Field Trip 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 Criteria102.5895
BiasArithmetic mean of the errors None
MADMean absolute deviation2.0E-4
MAPEMean absolute percentage error0.0043
SAESum of the absolute errors0.0112
A single variable polynomial regression model attempts to put a curve through the Field Trip 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 Field Trip

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Field Trip Health. 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 Field Trip'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
0.040.040.05
Details
Intrinsic
Valuation
LowRealHigh
0.040.040.05
Details

View Field Trip Related Equities

 Risk & Return  Correlation

Field Trip Market Strength Events

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

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Check out Investing Opportunities 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 signals in housing.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Field Pink Sheet

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