Outset Medical Stock Forecast - Simple Regression
| OM Stock | USD 4.67 0.33 7.60% |
The Simple Regression forecasted value of Outset Medical on the next trading day is expected to be 0.62 with a mean absolute deviation of 1.91 and the sum of the absolute errors of 116.50. Outset Stock Forecast is based on your current time horizon. Although Outset Medical's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Outset Medical's systematic risk associated with finding meaningful patterns of Outset Medical fundamentals over time.
As of now the relative strength index (rsi) of Outset Medical'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 |
EPS Estimate Next Quarter (0.58) | EPS Estimate Current Year (4.46) | EPS Estimate Next Year (2.66) | Wall Street Target Price 13.25 | EPS Estimate Current Quarter (0.66) |
Using Outset Medical hype-based prediction, you can estimate the value of Outset Medical from the perspective of Outset Medical response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Outset Medical using Outset Medical's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Outset using crowd psychology based on the activity and movement of Outset Medical's stock price.
Outset Medical Implied Volatility | 3.71 |
Outset Medical's implied volatility exposes the market's sentiment of Outset Medical stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Outset Medical's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Outset Medical stock will not fluctuate a lot when Outset Medical's options are near their expiration.
The Simple Regression forecasted value of Outset Medical on the next trading day is expected to be 0.62 with a mean absolute deviation of 1.91 and the sum of the absolute errors of 116.50. Outset Medical after-hype prediction price | USD 4.01 |
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 Outset Medical to cross-verify your projections. Open Interest Against 2026-02-20 Outset Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Outset Medical's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Outset Medical's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Outset Medical stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Outset Medical's open interest, investors have to compare it to Outset Medical's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Outset Medical is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Outset. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Outset Medical Additional Predictive Modules
Most predictive techniques to examine Outset price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Outset using various technical indicators. When you analyze Outset 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 |
Outset Medical Simple Regression Price Forecast For the 9th of January
Given 90 days horizon, the Simple Regression forecasted value of Outset Medical on the next trading day is expected to be 0.62 with a mean absolute deviation of 1.91, mean absolute percentage error of 5.05, and the sum of the absolute errors of 116.50.Please note that although there have been many attempts to predict Outset 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 Outset Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Outset Medical Stock Forecast Pattern
| Backtest Outset Medical | Outset Medical Price Prediction | Buy or Sell Advice |
Outset Medical Forecasted Value
In the context of forecasting Outset Medical'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. Outset Medical's downside and upside margins for the forecasting period are 0.05 and 8.58, respectively. We have considered Outset 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.
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 Outset Medical stock data series using in forecasting. Note that when a statistical model is used to represent Outset Medical 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 | 119.7303 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.9099 |
| MAPE | Mean absolute percentage error | 0.3326 |
| SAE | Sum of the absolute errors | 116.5037 |
Predictive Modules for Outset 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 Outset Medical. 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.Other Forecasting Options for Outset Medical
For every potential investor in Outset, whether a beginner or expert, Outset Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Outset Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Outset. Basic forecasting techniques help filter out the noise by identifying Outset Medical's price trends.Outset 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 Outset Medical stock to make a market-neutral strategy. Peer analysis of Outset Medical could also be used in its relative valuation, which is a method of valuing Outset Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Outset Medical Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Outset Medical'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 Outset Medical's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Outset Medical Market Strength Events
Market strength indicators help investors to evaluate how Outset Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Outset Medical shares will generate the highest return on investment. By undertsting and applying Outset Medical stock market strength indicators, traders can identify Outset Medical entry and exit signals to maximize returns.
| Accumulation Distribution | 61577.13 | |||
| Daily Balance Of Power | 0.6111 | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 4.49 | |||
| Day Typical Price | 4.55 | |||
| Price Action Indicator | 0.35 | |||
| Period Momentum Indicator | 0.33 |
Outset Medical Risk Indicators
The analysis of Outset 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 Outset Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting outset 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 | 4.54 | |||
| Standard Deviation | 7.97 | |||
| Variance | 63.51 |
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.
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Try AI Portfolio ProphetCheck out Historical Fundamental Analysis of Outset Medical to cross-verify your projections. To learn how to invest in Outset Stock, please use our How to Invest in Outset Medical guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Health Care Equipment & Supplies 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 Outset Medical. If investors know Outset 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 Outset Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.56) | Revenue Per Share | Quarterly Revenue Growth 0.027 | Return On Assets | Return On Equity |
The market value of Outset Medical is measured differently than its book value, which is the value of Outset that is recorded on the company's balance sheet. Investors also form their own opinion of Outset Medical's value that differs from its market value or its book value, called intrinsic value, which is Outset Medical'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 Outset Medical's market value can be influenced by many factors that don't directly affect Outset Medical'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 Outset Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outset Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outset Medical'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.