OLB Stock Forecast - Naive Prediction
| OLB Stock | USD 0.59 0.27 31.62% |
The Naive Prediction forecasted value of OLB Group on the next trading day is expected to be 0.89 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.67. OLB Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast OLB stock prices and determine the direction of OLB Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of OLB's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength indicator of OLB's share price is below 20 . This indicates that the stock is significantly oversold. 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 0
Sell Peaked
Oversold | Overbought |
Wall Street Target Price 3 | Quarterly Revenue Growth (0.25) |
Using OLB hype-based prediction, you can estimate the value of OLB Group from the perspective of OLB response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of OLB Group on the next trading day is expected to be 0.89 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.67. OLB after-hype prediction price | USD 0.62 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of OLB to cross-verify your projections. OLB Additional Predictive Modules
Most predictive techniques to examine OLB price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for OLB using various technical indicators. When you analyze OLB 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
OLB Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the OLB's financial statements to predict how it will affect future prices.
Cash | First Reported 2007-09-30 | Previous Quarter 2.7 K | Current Value 3.5 K | Quarterly Volatility 1 M |
OLB Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of OLB Group on the next trading day is expected to be 0.89 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.67.Please note that although there have been many attempts to predict OLB 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 OLB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
OLB Stock Forecast Pattern
| Backtest OLB | OLB Price Prediction | Buy or Sell Advice |
OLB Forecasted Value
In the context of forecasting OLB's 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. OLB's downside and upside margins for the forecasting period are 0.01 and 8.29, respectively. We have considered OLB'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of OLB stock data series using in forecasting. Note that when a statistical model is used to represent OLB 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 | 112.5582 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0437 |
| MAPE | Mean absolute percentage error | 0.0527 |
| SAE | Sum of the absolute errors | 2.6653 |
Predictive Modules for OLB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OLB Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.OLB After-Hype Price Prediction Density Analysis
As far as predicting the price of OLB 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 OLB 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 Stock prices, such as prices of OLB, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
OLB Estimiated After-Hype Price Volatility
In the context of predicting OLB's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on OLB's historical news coverage. OLB's after-hype downside and upside margins for the prediction period are 0.03 and 7.82, respectively. We have considered OLB'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
OLB is abnormally volatile at this time. Analysis and calculation of next after-hype price of OLB Group is based on 3 months time horizon.
OLB Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as OLB is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading OLB 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 Stock 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 OLB, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.00 | 7.40 | 0.02 | 0.23 | 11 Events / Month | 5 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.59 | 0.62 | 0.96 |
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OLB Hype Timeline
On the 23rd of January OLB Group is traded for 0.59. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of -0.23. OLB is expected to increase in value after the next headline, with the price projected to jump to 0.62 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.96%, whereas the daily expected return is now at -1.0%. The volatility of related hype on OLB is about 3148.94%, with the expected price after the next announcement by competition of 0.36. The company reported the last year's revenue of 12.84 M. Reported Net Loss for the year was (11.22 M) with loss before taxes, overhead, and interest of (1.27 M). Considering the 90-day investment horizon the next expected press release will be in about 11 days. Check out Historical Fundamental Analysis of OLB to cross-verify your projections.OLB Related Hype Analysis
Having access to credible news sources related to OLB's direct competition is more important than ever and may enhance your ability to predict OLB's future price movements. Getting to know how OLB'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 OLB may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MYSZ | My Size | 0.06 | 9 per month | 0.00 | (0.07) | 11.39 | (8.25) | 26.97 | |
| AUUD | Auddia Inc | 0.02 | 8 per month | 0.00 | (0.10) | 15.15 | (12.93) | 36.34 | |
| TGL | Treasure Global | (0.06) | 7 per month | 12.46 | 0.03 | 13.57 | (22.25) | 316.34 | |
| WALD | Waldencast Acquisition Corp | (0.20) | 8 per month | 0.00 | (0.02) | 9.57 | (6.49) | 33.33 | |
| ULY | Urgently Common Stock | (0.03) | 10 per month | 5.61 | 0.0003 | 15.23 | (10.00) | 67.64 | |
| COE | 51Talk Online Education | (1.79) | 8 per month | 0.00 | (0.23) | 5.54 | (10.63) | 24.35 | |
| IMTE | Integrated Media Technology | (0.02) | 10 per month | 5.92 | (0) | 9.26 | (9.76) | 63.84 | |
| APCX | Apptech Corp | 0.00 | 0 per month | 7.71 | 0.17 | 21.62 | (10.81) | 95.15 | |
| OBLG | Oblong Inc | (0.20) | 9 per month | 0.00 | (0.03) | 10.66 | (11.03) | 37.07 | |
| FRGT | Freight Technologies | (0.13) | 9 per month | 0.00 | (0.21) | 9.52 | (16.43) | 55.36 |
Other Forecasting Options for OLB
For every potential investor in OLB, whether a beginner or expert, OLB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. OLB Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in OLB. Basic forecasting techniques help filter out the noise by identifying OLB's price trends.OLB 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 OLB stock to make a market-neutral strategy. Peer analysis of OLB could also be used in its relative valuation, which is a method of valuing OLB by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
OLB Market Strength Events
Market strength indicators help investors to evaluate how OLB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OLB shares will generate the highest return on investment. By undertsting and applying OLB stock market strength indicators, traders can identify OLB Group entry and exit signals to maximize returns.
OLB Risk Indicators
The analysis of OLB'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 OLB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting olb 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 | 4.45 | |||
| Standard Deviation | 6.03 | |||
| Variance | 36.36 |
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 OLB
The number of cover stories for OLB depends on current market conditions and OLB's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that OLB 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 OLB's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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OLB Short Properties
OLB's future price predictability will typically decrease when OLB's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of OLB Group often depends not only on the future outlook of the potential OLB's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. OLB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 M | |
| Cash And Short Term Investments | 27.4 K |
Check out Historical Fundamental Analysis of OLB to cross-verify your projections. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OLB. If investors know OLB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OLB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.09) | Revenue Per Share | Quarterly Revenue Growth (0.25) | Return On Assets | Return On Equity |
The market value of OLB Group is measured differently than its book value, which is the value of OLB that is recorded on the company's balance sheet. Investors also form their own opinion of OLB's value that differs from its market value or its book value, called intrinsic value, which is OLB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OLB's market value can be influenced by many factors that don't directly affect OLB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OLB's value and its price as these two are different measures arrived at by different means. Investors typically determine if OLB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OLB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.