Oracle Japan Pink Sheet Forecast - 20 Period Moving Average
| OCLCF Stock | USD 97.95 0.00 0.00% |
The 20 Period Moving Average forecasted value of Oracle Japan on the next trading day is expected to be 98.03 with a mean absolute deviation of 3.92 and the sum of the absolute errors of 160.81. Oracle Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Oracle Japan's historical fundamentals, such as revenue growth or operating cash flow patterns.
Oracle |
Oracle Japan 20 Period Moving Average Price Forecast For the 12th of December 2024
Given 90 days horizon, the 20 Period Moving Average forecasted value of Oracle Japan on the next trading day is expected to be 98.03 with a mean absolute deviation of 3.92, mean absolute percentage error of 39.39, and the sum of the absolute errors of 160.81.Please note that although there have been many attempts to predict Oracle 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 Oracle Japan's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Oracle Japan Pink Sheet Forecast Pattern
| Backtest Oracle Japan | Oracle Japan Price Prediction | Buy or Sell Advice |
Oracle Japan Forecasted Value
In the context of forecasting Oracle Japan'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. Oracle Japan's downside and upside margins for the forecasting period are 95.78 and 100.29, respectively. We have considered Oracle Japan'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Oracle Japan pink sheet data series using in forecasting. Note that when a statistical model is used to represent Oracle Japan 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.| AIC | Akaike Information Criteria | 85.0266 |
| Bias | Arithmetic mean of the errors | -3.7606 |
| MAD | Mean absolute deviation | 3.9223 |
| MAPE | Mean absolute percentage error | 0.0399 |
| SAE | Sum of the absolute errors | 160.815 |
Predictive Modules for Oracle Japan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oracle Japan. 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 Oracle Japan'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.
Other Forecasting Options for Oracle Japan
For every potential investor in Oracle, whether a beginner or expert, Oracle Japan's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Oracle Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Oracle. Basic forecasting techniques help filter out the noise by identifying Oracle Japan's price trends.Oracle Japan 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 Oracle Japan pink sheet to make a market-neutral strategy. Peer analysis of Oracle Japan could also be used in its relative valuation, which is a method of valuing Oracle Japan by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Oracle Japan Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Oracle Japan'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 Oracle Japan's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Oracle Japan Market Strength Events
Market strength indicators help investors to evaluate how Oracle Japan 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 Oracle Japan shares will generate the highest return on investment. By undertsting and applying Oracle Japan pink sheet market strength indicators, traders can identify Oracle Japan entry and exit signals to maximize returns.
Oracle Japan Risk Indicators
The analysis of Oracle Japan'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 Oracle Japan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oracle 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.
| Mean Deviation | 0.5376 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.92 |
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.
Currently Active Assets on Macroaxis
Other Information on Investing in Oracle Pink Sheet
Oracle Japan financial ratios help investors to determine whether Oracle Pink Sheet 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 Oracle with respect to the benefits of owning Oracle Japan security.