Net Medical Pink Sheet Forecast - Naive Prediction

NMXS Stock  USD 0.0003  0.00  0.00%   
Net Pink Sheet outlook is based on your current time horizon.
At this time The relative strength index (RSI) of Net Medical's share price is above 80 . This indicates that the pink sheet is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 100

 Buy Peaked

 
Oversold
 
Overbought
The successful prediction of Net Medical's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Net Medical and does not consider all of the tangible or intangible factors available from Net Medical's fundamental data. We analyze noise-free headlines and recent hype associated with Net Medical Xpress, which may create opportunities for some arbitrage if properly timed.
Using Net Medical hype-based prediction, you can estimate the value of Net Medical Xpress from the perspective of Net Medical response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Net Medical Xpress on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.000022 and the sum of the absolute errors of 0.

Net Medical after-hype prediction price

    
  USD 3.72E-4  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Net Medical to cross-verify your projections.

Net Medical Additional Predictive Modules

Most predictive techniques to examine Net price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Net using various technical indicators. When you analyze Net 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 Net Medical is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Net Medical Xpress 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.

Net Medical Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Net Medical Xpress on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.000022, 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 Net 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 Net Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Net Medical Pink Sheet Forecast Pattern

Backtest Net Medical  Net Medical Price Prediction  Buy or Sell Advice  

Net Medical Forecasted Value

In the context of forecasting Net Medical's Pink Sheet 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. Net Medical's downside and upside margins for the forecasting period are 0.000003 and 25.20, respectively. We have considered Net Medical'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
0.0002
Expected Value
25.20
Upside

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 Net Medical pink sheet data series using in forecasting. Note that when a statistical model is used to represent Net Medical 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 Criteria97.4602
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.1497
SAESum of the absolute errors0.0014
This model is not at all useful as a medium-long range forecasting tool of Net Medical Xpress. 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 Net Medical. 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 Net Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Net Medical Xpress. 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 Net Medical'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
0.000.000425.20
Details
Intrinsic
Valuation
LowRealHigh
0.000.000325.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00030.00030.0003
Details

Net Medical After-Hype Price Density Analysis

As far as predicting the price of Net Medical at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Net Medical or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Net Medical, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Net Medical Estimiated After-Hype Price Volatility

In the context of predicting Net Medical's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Net Medical's historical news coverage. Net Medical's after-hype downside and upside margins for the prediction period are 0.00 and 25.20, respectively. We have considered Net Medical's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.0003
0.0004
After-hype Price
25.20
Upside
Net Medical is out of control at this time. Analysis and calculation of next after-hype price of Net Medical Xpress is based on 3 months time horizon.

Net Medical Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Net Medical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Net Medical backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Net Medical, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  3.17 
25.20
  1.11 
  0.33 
3 Events / Month
2 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.0003
0.0004
23.98 
7,200  
Notes

Net Medical Hype Timeline

Net Medical Xpress is now traded for 0.0003. The entity has historical hype elasticity of 1.11, and average elasticity to hype of competition of 0.33. Net is anticipated to increase in value after the next headline, with the price projected to jump to 3.72E-4 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is estimated to be 23.98%, whereas the daily expected return is now at 3.17%. The volatility of related hype on Net Medical is about 24000.0%, with the expected price after the next announcement by competition of 0.33. Net Medical Xpress currently holds 68 K in liabilities with Debt to Equity (D/E) ratio of 0.35, which is about average as compared to similar companies. Net Medical Xpress has a current ratio of 1.03, suggesting that it may not be capable to disburse its financial obligations when due. Debt can assist Net Medical until it has trouble settling it off, either with new capital or with free cash flow. So, Net Medical's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Net Medical Xpress sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Net to invest in growth at high rates of return. When we think about Net Medical's use of debt, we should always consider it together with cash and equity.Given the investment horizon of 90 days the next anticipated press release will be in about 3 days.
Check out Historical Fundamental Analysis of Net Medical to cross-verify your projections.

Net Medical Related Hype Analysis

Having access to credible news sources related to Net Medical's direct competition is more important than ever and may enhance your ability to predict Net Medical's future price movements. Getting to know how Net Medical's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Net Medical may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
UPHUphealth 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
THCTTHC Therapeutics 0.00 0 per month 0.00  0.09  0.00  0.00  350.00 
CVHIFVentura Cannabis Wellness 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
LCDXCaliber Imaging Diagnostics 0.35 17 per month 0.00  0.20  0.00  0.00  33.33 
NMRDNemaura Medical 0.35 7 per month 0.00 (0.14) 0.00  0.00  50.00 
CYPSCyclo3pss 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
REMIRemedent 0.00 0 per month 0.00  0.18  20.00  0.00  75.00 
TNGNQTengion 0.00 3 per month 0.00  0.00  0.00  0.00  0.00 
BBLNFBabylon Holdings Limited 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
EMGEEmergent Health Corp 0.35 3 per month 0.00  0.05  0.00  0.00  150.00 

Other Forecasting Options for Net Medical

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

Net Medical Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Net Medical pink sheet to make a market-neutral strategy. Peer analysis of Net Medical could also be used in its relative valuation, which is a method of valuing Net Medical by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Net Medical Market Strength Events

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

Net Medical Risk Indicators

The analysis of Net Medical'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 Net Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting net pink sheet 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.

Story Coverage note for Net Medical

The number of cover stories for Net Medical depends on current market conditions and Net Medical's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Net Medical is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Net Medical's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Additional Tools for Net Pink Sheet Analysis

When running Net Medical's price analysis, check to measure Net Medical's 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 Net Medical is operating at the current time. Most of Net Medical's value examination focuses on studying past and present price action to predict the probability of Net Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Net Medical's price. Additionally, you may evaluate how the addition of Net Medical to your portfolios can decrease your overall portfolio volatility.