Lumos Diagnostics Pink Sheet Forecast - Naive Prediction

Lumos Diagnostics Additional Predictive Modules

Most predictive techniques to examine Lumos price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Lumos using various technical indicators. When you analyze Lumos 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. A naive forecasting model for Lumos Diagnostics is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Lumos Diagnostics Holdings value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Lumos Diagnostics Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Lumos Diagnostics Holdings on the next trading day is expected to be 0.19 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.74.

Lumos Diagnostics Pink Sheet Forecast Pattern

Backtest Lumos Diagnostics

Lumos Diagnostics Price Prediction

Buy or Sell Advice

Lumos Diagnostics Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Lumos Diagnostics pink sheet data series using in forecasting. Note that when a statistical model is used to represent Lumos Diagnostics 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. This model is not at all useful as a medium-long range forecasting tool of Lumos Diagnostics Holdings. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Lumos Diagnostics. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Lumos Diagnostics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lumos Diagnostics. 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.

Hype Prediction Low Estimated High 0.01 0.19 13.42 Details

Intrinsic Valuation Low Real High 0.01 0.14 13.37 Details

Bollinger Band Projection (param) Low Middle High 0.16 0.19 0.22 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lumos Diagnostics. Your research has to be compared to or analyzed against Lumos Diagnostics' peers to derive any actionable benefits. When done correctly, Lumos Diagnostics' 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 Lumos Diagnostics.

Lumos Diagnostics After-Hype Price Prediction Density Analysis

Lumos Diagnostics Estimiated After-Hype Price Volatility

Lumos Diagnostics Pink Sheet Price Prediction Analysis

Lumos Diagnostics Hype Timeline

Lumos Diagnostics is now traded for 0.19. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.15. Lumos 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 now at 1.05%. %. The volatility of related hype on Lumos Diagnostics is about 9000.0%, with the expected price after the next announcement by competition of 0.34. About 46.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.53. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Lumos Diagnostics recorded a loss per share of 0.15. The entity had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Lumos Diagnostics to cross-verify your projections.

Lumos Diagnostics Related Hype Analysis

Other Forecasting Options for Lumos Diagnostics

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

Lumos Diagnostics Related Equities

Risk & Return

Correlation

Lumos Diagnostics Market Strength Events

Lumos Diagnostics Risk Indicators

Story Coverage note for Lumos Diagnostics

Other Macroaxis Stories

Other Information on Investing in Lumos Pink Sheet