OMS Energy Stock Forecast - Simple Regression
| OMSE Stock | 5.03 0.01 0.20% |
The Simple Regression forecasted value of OMS Energy Technologies on the next trading day is expected to be 4.36 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.49. OMS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast OMS Energy stock prices and determine the direction of OMS Energy Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of OMS Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength index (RSI) of OMS Energy's share price is at 53. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling OMS Energy, making its price go up or down. Momentum 53
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.47) | Quarterly Revenue Growth 1.212 |
Using OMS Energy hype-based prediction, you can estimate the value of OMS Energy Technologies from the perspective of OMS Energy response to recently generated media hype and the effects of current headlines on its competitors.
OMS Energy Technologies Hype to Price Pattern
Investor biases related to OMS Energy's public news can be used to forecast risks associated with an investment in OMS. The trend in average sentiment can be used to explain how an investor holding OMS can time the market purely based on public headlines and social activities around OMS Energy Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of OMS Energy's market sentiment to its price can help taders to make decisions based on the overall investors consensus about OMS Energy.
The Simple Regression forecasted value of OMS Energy Technologies on the next trading day is expected to be 4.36 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.49. OMS Energy after-hype prediction price | USD 5.03 |
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 OMS Energy to cross-verify your projections. OMS Energy Additional Predictive Modules
Most predictive techniques to examine OMS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for OMS using various technical indicators. When you analyze OMS 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 |
OMS Energy Simple Regression Price Forecast For the 19th of January
Given 90 days horizon, the Simple Regression forecasted value of OMS Energy Technologies on the next trading day is expected to be 4.36 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.16, and the sum of the absolute errors of 19.49.Please note that although there have been many attempts to predict OMS 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 OMS Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
OMS Energy Stock Forecast Pattern
| Backtest OMS Energy | OMS Energy Price Prediction | Buy or Sell Advice |
OMS Energy Forecasted Value
In the context of forecasting OMS Energy'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. OMS Energy's downside and upside margins for the forecasting period are 0.05 and 9.35, respectively. We have considered OMS Energy'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 OMS Energy stock data series using in forecasting. Note that when a statistical model is used to represent OMS Energy 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 | 116.2906 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3196 |
| MAPE | Mean absolute percentage error | 0.0639 |
| SAE | Sum of the absolute errors | 19.4928 |
Predictive Modules for OMS Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OMS Energy Technologies. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OMS Energy'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 OMS Energy
For every potential investor in OMS, whether a beginner or expert, OMS Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. OMS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in OMS. Basic forecasting techniques help filter out the noise by identifying OMS Energy's price trends.OMS Energy 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 OMS Energy stock to make a market-neutral strategy. Peer analysis of OMS Energy could also be used in its relative valuation, which is a method of valuing OMS Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
OMS Energy Technologies 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 OMS Energy'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 OMS Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
OMS Energy Market Strength Events
Market strength indicators help investors to evaluate how OMS Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OMS Energy shares will generate the highest return on investment. By undertsting and applying OMS Energy stock market strength indicators, traders can identify OMS Energy Technologies entry and exit signals to maximize returns.
OMS Energy Risk Indicators
The analysis of OMS Energy'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 OMS Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oms 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 | 3.56 | |||
| Semi Deviation | 3.82 | |||
| Standard Deviation | 5.11 | |||
| Variance | 26.14 | |||
| Downside Variance | 18.84 | |||
| Semi Variance | 14.6 | |||
| Expected Short fall | (4.23) |
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.When determining whether OMS Energy Technologies is a strong investment it is important to analyze OMS Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OMS Energy's future performance. For an informed investment choice regarding OMS Stock, refer to the following important reports:Check out Historical Fundamental Analysis of OMS Energy to cross-verify your projections. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Oil & Gas Equipment & Services 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 OMS Energy. If investors know OMS 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 OMS Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Earnings Share 1.44 | Revenue Per Share | Quarterly Revenue Growth 1.212 |
The market value of OMS Energy Technologies is measured differently than its book value, which is the value of OMS that is recorded on the company's balance sheet. Investors also form their own opinion of OMS Energy's value that differs from its market value or its book value, called intrinsic value, which is OMS Energy'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 OMS Energy's market value can be influenced by many factors that don't directly affect OMS Energy'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 OMS Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if OMS Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OMS Energy'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.