Pacific Health OTC Stock Forecast - 4 Period Moving Average
| PFHO Stock | USD 0.82 0.00 0.00% |
The 4 Period Moving Average forecasted value of Pacific Health Care on the next trading day is expected to be 0.82 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.97. Pacific OTC Stock Forecast is based on your current time horizon.
Pacific |
Pacific Health 4 Period Moving Average Price Forecast For the 27th of November
Given 90 days horizon, the 4 Period Moving Average forecasted value of Pacific Health Care on the next trading day is expected to be 0.82 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0009, and the sum of the absolute errors of 0.97.Please note that although there have been many attempts to predict Pacific OTC 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 Pacific Health's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pacific Health OTC Stock Forecast Pattern
| Backtest Pacific Health | Pacific Health Price Prediction | Buy or Sell Advice |
Pacific Health Forecasted Value
In the context of forecasting Pacific Health's OTC 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. Pacific Health's downside and upside margins for the forecasting period are 0.01 and 3.73, respectively. We have considered Pacific Health'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Pacific Health otc stock data series using in forecasting. Note that when a statistical model is used to represent Pacific Health otc 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 | 103.7144 |
| Bias | Arithmetic mean of the errors | -9.0E-4 |
| MAD | Mean absolute deviation | 0.017 |
| MAPE | Mean absolute percentage error | 0.021 |
| SAE | Sum of the absolute errors | 0.97 |
Predictive Modules for Pacific Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pacific Health Care. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Pacific Health
For every potential investor in Pacific, whether a beginner or expert, Pacific Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pacific OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pacific. Basic forecasting techniques help filter out the noise by identifying Pacific Health's price trends.Pacific Health 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 Pacific Health otc stock to make a market-neutral strategy. Peer analysis of Pacific Health could also be used in its relative valuation, which is a method of valuing Pacific Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pacific Health Care Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Pacific Health'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 Pacific Health's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pacific Health Market Strength Events
Market strength indicators help investors to evaluate how Pacific Health otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pacific Health shares will generate the highest return on investment. By undertsting and applying Pacific Health otc stock market strength indicators, traders can identify Pacific Health Care entry and exit signals to maximize returns.
Pacific Health Risk Indicators
The analysis of Pacific Health'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 Pacific Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pacific otc 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 | 1.48 | |||
| Standard Deviation | 3.57 | |||
| Variance | 12.77 |
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.
Pair Trading with Pacific Health
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 Pacific Health 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 Pacific Health will appreciate offsetting losses from the drop in the long position's value.Moving against Pacific OTC Stock
| 0.31 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to Pacific Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pacific Health 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 Pacific Health - 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 Pacific Health Care to buy it.
The correlation of Pacific Health 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 Pacific Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacific Health Care 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 Pacific Health 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.Other Information on Investing in Pacific OTC Stock
Pacific Health financial ratios help investors to determine whether Pacific OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pacific with respect to the benefits of owning Pacific Health security.