Humbl OTC Stock Forecast - Simple Moving Average

HMBL Stock  USD 0.0003  0.0001  50.00%   
The Simple Moving Average forecasted value of Humbl Inc on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.000041 and the sum of the absolute errors of 0. Humbl OTC Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for Humbl is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Humbl Simple Moving Average Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Moving Average forecasted value of Humbl Inc on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.000041, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Humbl OTC 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 Humbl's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Humbl OTC Stock Forecast Pattern

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Humbl Forecasted Value

In the context of forecasting Humbl's OTC 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. Humbl's downside and upside margins for the forecasting period are 0.000003 and 37.17, respectively. We have considered Humbl'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
0.0003
0.000003
Downside
0.0003
Expected Value
37.17
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Humbl otc stock data series using in forecasting. Note that when a statistical model is used to represent Humbl 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.
AICAkaike Information Criteria94.957
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.1935
SAESum of the absolute errors0.0024
The simple moving average model is conceptually a linear regression of the current value of Humbl Inc price series against current and previous (unobserved) value of Humbl. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Humbl

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Humbl Inc. 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
LowEstimatedHigh
0.000.000337.46
Details
Intrinsic
Valuation
LowRealHigh
0.000.000237.46
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00030.00030.0003
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Humbl. Your research has to be compared to or analyzed against Humbl's peers to derive any actionable benefits. When done correctly, Humbl'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 Humbl Inc.

Other Forecasting Options for Humbl

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

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 Risk & Return  Correlation

Humbl Inc Technical and Predictive Analytics

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

Humbl Market Strength Events

Market strength indicators help investors to evaluate how Humbl otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Humbl shares will generate the highest return on investment. By undertsting and applying Humbl otc stock market strength indicators, traders can identify Humbl Inc entry and exit signals to maximize returns.

Humbl Risk Indicators

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

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Other Information on Investing in Humbl OTC Stock

Humbl financial ratios help investors to determine whether Humbl OTC Stock 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 Humbl with respect to the benefits of owning Humbl security.