OncoSec Medical Pink Sheet Forecast - Simple Moving Average
| ONCSQ Stock | 0.0001 0.00 0.00% |
OncoSec |
OncoSec Medical Simple Moving Average Price Forecast For the 28th of December
Given 90 days horizon, the Simple Moving Average forecasted value of OncoSec Medical Incorporated on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict OncoSec 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 OncoSec Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
OncoSec Medical Pink Sheet Forecast Pattern
OncoSec Medical Forecasted Value
In the context of forecasting OncoSec Medical'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. OncoSec Medical's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered OncoSec 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 Moving Average forecasting method's relative quality and the estimations of the prediction error of OncoSec Medical pink sheet data series using in forecasting. Note that when a statistical model is used to represent OncoSec Medical 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 | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for OncoSec 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 OncoSec Medical. 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 OncoSec Medical'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 OncoSec Medical
For every potential investor in OncoSec, whether a beginner or expert, OncoSec Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. OncoSec Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in OncoSec. Basic forecasting techniques help filter out the noise by identifying OncoSec Medical's price trends.OncoSec 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 OncoSec Medical pink sheet to make a market-neutral strategy. Peer analysis of OncoSec Medical could also be used in its relative valuation, which is a method of valuing OncoSec Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
OncoSec Medical 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 OncoSec 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 OncoSec Medical's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
OncoSec Medical Market Strength Events
Market strength indicators help investors to evaluate how OncoSec Medical 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 OncoSec Medical shares will generate the highest return on investment. By undertsting and applying OncoSec Medical pink sheet market strength indicators, traders can identify OncoSec Medical Incorporated entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Pair Trading with OncoSec Medical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OncoSec Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OncoSec Medical will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to OncoSec Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OncoSec Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OncoSec Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OncoSec Medical Incorporated to buy it.
The correlation of OncoSec Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OncoSec Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OncoSec Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OncoSec Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for OncoSec Pink Sheet Analysis
When running OncoSec Medical's price analysis, check to measure OncoSec Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OncoSec Medical is operating at the current time. Most of OncoSec Medical's value examination focuses on studying past and present price action to predict the probability of OncoSec Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OncoSec Medical's price. Additionally, you may evaluate how the addition of OncoSec Medical to your portfolios can decrease your overall portfolio volatility.