Orchid Island Stock Forecast - Naive Prediction
| ORC Stock | USD 7.87 0.05 0.64% |
The Naive Prediction forecasted value of Orchid Island Capital on the next trading day is expected to be 7.94 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 5.16. Orchid Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Orchid Island stock prices and determine the direction of Orchid Island Capital's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Orchid Island's historical fundamentals, such as revenue growth or operating cash flow patterns.
Orchid |
Orchid Island Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Orchid Island's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 257 M | Current Value 322.1 M | Quarterly Volatility 105.9 M |
Orchid Island Naive Prediction Price Forecast For the 23rd of November
Given 90 days horizon, the Naive Prediction forecasted value of Orchid Island Capital on the next trading day is expected to be 7.94 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.16.Please note that although there have been many attempts to predict Orchid 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 Orchid Island's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Orchid Island Stock Forecast Pattern
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Orchid Island Forecasted Value
In the context of forecasting Orchid Island'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. Orchid Island's downside and upside margins for the forecasting period are 6.72 and 9.15, respectively. We have considered Orchid Island'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 Orchid Island stock data series using in forecasting. Note that when a statistical model is used to represent Orchid Island 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 | 115.4546 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0832 |
| MAPE | Mean absolute percentage error | 0.0106 |
| SAE | Sum of the absolute errors | 5.1582 |
Predictive Modules for Orchid Island
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Orchid Island Capital. 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 Orchid Island
For every potential investor in Orchid, whether a beginner or expert, Orchid Island's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Orchid Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Orchid. Basic forecasting techniques help filter out the noise by identifying Orchid Island's price trends.Orchid Island 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 Orchid Island stock to make a market-neutral strategy. Peer analysis of Orchid Island could also be used in its relative valuation, which is a method of valuing Orchid Island by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Orchid Island Capital 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 Orchid Island'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 Orchid Island's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Orchid Island Market Strength Events
Market strength indicators help investors to evaluate how Orchid Island stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orchid Island shares will generate the highest return on investment. By undertsting and applying Orchid Island stock market strength indicators, traders can identify Orchid Island Capital entry and exit signals to maximize returns.
Orchid Island Risk Indicators
The analysis of Orchid Island'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 Orchid Island's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting orchid 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 | 0.8589 | |||
| Semi Deviation | 1.35 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.44 | |||
| Downside Variance | 2.08 | |||
| Semi Variance | 1.82 | |||
| Expected Short fall | (0.86) |
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 Orchid Island Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orchid Island's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Orchid Island Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orchid Island Capital Stock:Check out Historical Fundamental Analysis of Orchid Island to cross-verify your projections. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Mortgage Real Estate Investment Trusts (REITs) 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 Orchid Island. If investors know Orchid 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 Orchid Island 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 3.179 | Dividend Share 1.44 | Earnings Share 1.22 | Revenue Per Share 1.292 | Quarterly Revenue Growth 1.755 |
The market value of Orchid Island Capital is measured differently than its book value, which is the value of Orchid that is recorded on the company's balance sheet. Investors also form their own opinion of Orchid Island's value that differs from its market value or its book value, called intrinsic value, which is Orchid Island'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 Orchid Island's market value can be influenced by many factors that don't directly affect Orchid Island'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 Orchid Island's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orchid Island is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orchid Island'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.