Ocean Biomedical Pink Sheet Forward View - Simple Regression

Ocean Biomedical Additional Predictive Modules

Most predictive techniques to examine Ocean price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ocean using various technical indicators. When you analyze Ocean 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 Ocean Biomedical 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.

Ocean Biomedical Simple Regression Price Forecast For the 1st of February

Given 90 days horizon, the Simple Regression forecasted value of Ocean Biomedical on the next trading day is expected to be 0.0006 with a mean absolute deviation of 0.0006, mean absolute percentage error of 0.00000049, and the sum of the absolute errors of 0.03.

Ocean Biomedical Pink Sheet Forecast Pattern

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Ocean Biomedical Price Prediction

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Ocean Biomedical Forecasted Value

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 Ocean Biomedical pink sheet data series using in forecasting. Note that when a statistical model is used to represent Ocean Biomedical 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. 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 Ocean Biomedical 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 Ocean Biomedical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ocean Biomedical. 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 0.00 0 50.06 Details

Intrinsic Valuation Low Real High 0.00 0 50.06 Details

Bollinger Band Projection (param) Low Middle High 0.0005 0 0 Details

Ocean Biomedical After-Hype Price Density Analysis

Ocean Biomedical Estimiated After-Hype Price Volatility

Ocean Biomedical Pink Sheet Price Outlook Analysis

Notes

Ocean Biomedical Hype Timeline

Ocean Biomedical is now traded for 0. The entity has historical hype elasticity of -1.58, and average elasticity to hype of competition of 1.82. Ocean is forecasted to decline in value after the next headline, with the price expected to drop to 0.001149. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -4.24%, whereas the daily expected return is now at 22.61%. The volatility of related hype on Ocean Biomedical is about 113563.1%, with the expected price after the next announcement by competition of 1.82. About 14.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.34. Ocean Biomedical had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 20 days. Check out Historical Fundamental Analysis of Ocean Biomedical to cross-verify your projections.

Ocean Biomedical Related Hype Analysis

Other Forecasting Options for Ocean Biomedical

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

Ocean Biomedical Related Equities

Risk & Return

Correlation

Ocean Biomedical Market Strength Events

Ocean Biomedical Risk Indicators

Story Coverage note for Ocean Biomedical

Other Information on Investing in Ocean Pink Sheet