Oconee Federal OTC Stock Forecast - Simple Moving Average
| OFED Stock | USD 17.22 1.27 7.96% |
The Simple Moving Average forecasted value of Oconee Federal Financial on the next trading day is expected to be 17.22 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.60. Oconee OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Oconee Federal stock prices and determine the direction of Oconee Federal Financial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Oconee Federal's historical fundamentals, such as revenue growth or operating cash flow patterns.
The value of RSI of Oconee Federal's otc stock price is about 61. This indicates that the otc stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Oconee, making its price go up or down. Momentum 61
Buy Extended
Oversold | Overbought |
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Oconee Federal based on different types of headlines from major news networks to social media. Using Oconee Federal hype-based prediction, you can estimate the value of Oconee Federal Financial from the perspective of Oconee Federal response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Oconee Federal Financial on the next trading day is expected to be 17.22 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.60. Oconee Federal after-hype prediction price | USD 17.22 |
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Oconee |
Oconee Federal Additional Predictive Modules
Most predictive techniques to examine Oconee price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Oconee using various technical indicators. When you analyze Oconee 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Oconee Federal Simple Moving Average Price Forecast For the 2nd of January
Given 90 days horizon, the Simple Moving Average forecasted value of Oconee Federal Financial on the next trading day is expected to be 17.22 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.33, and the sum of the absolute errors of 15.60.Please note that although there have been many attempts to predict Oconee 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 Oconee Federal's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Oconee Federal OTC Stock Forecast Pattern
| Backtest Oconee Federal | Oconee Federal Price Prediction | Buy or Sell Advice |
Oconee Federal Forecasted Value
In the context of forecasting Oconee Federal'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. Oconee Federal's downside and upside margins for the forecasting period are 14.00 and 20.44, respectively. We have considered Oconee Federal'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Oconee Federal otc stock data series using in forecasting. Note that when a statistical model is used to represent Oconee Federal 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.| AIC | Akaike Information Criteria | 113.3178 |
| Bias | Arithmetic mean of the errors | -0.0488 |
| MAD | Mean absolute deviation | 0.2644 |
| MAPE | Mean absolute percentage error | 0.0168 |
| SAE | Sum of the absolute errors | 15.6 |
Predictive Modules for Oconee Federal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oconee Federal Financial. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oconee Federal'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 Oconee Federal
For every potential investor in Oconee, whether a beginner or expert, Oconee Federal's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Oconee OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Oconee. Basic forecasting techniques help filter out the noise by identifying Oconee Federal's price trends.Oconee Federal 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 Oconee Federal otc stock to make a market-neutral strategy. Peer analysis of Oconee Federal could also be used in its relative valuation, which is a method of valuing Oconee Federal by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Oconee Federal Financial 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 Oconee Federal'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 Oconee Federal's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Oconee Federal Market Strength Events
Market strength indicators help investors to evaluate how Oconee Federal 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 Oconee Federal shares will generate the highest return on investment. By undertsting and applying Oconee Federal otc stock market strength indicators, traders can identify Oconee Federal Financial entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 17.22 | |||
| Day Typical Price | 17.22 | |||
| Price Action Indicator | 0.63 | |||
| Period Momentum Indicator | 1.27 | |||
| Relative Strength Index | 61.94 |
Oconee Federal Risk Indicators
The analysis of Oconee Federal'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 Oconee Federal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oconee 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.
| Mean Deviation | 1.43 | |||
| Semi Deviation | 2.26 | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.38 | |||
| Downside Variance | 33.98 | |||
| Semi Variance | 5.09 | |||
| Expected Short fall | (3.97) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Other Information on Investing in Oconee OTC Stock
Oconee Federal financial ratios help investors to determine whether Oconee 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 Oconee with respect to the benefits of owning Oconee Federal security.