PHLT New Stock Forecast - Naive Prediction
| PHLT Stock | 7.75 0.00 0.00% |
The Naive Prediction forecasted value of PHLT New on the next trading day is expected to be 8.34 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 14.94. PHLT Stock Forecast is based on your current time horizon.
Open Interest Against 2026-01-16 PHLT Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast PHLT New'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 PHLT New's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for PHLT New 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 PHLT New's open interest, investors have to compare it to PHLT New'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 PHLT New 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 PHLT. 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.
PHLT New Naive Prediction Price Forecast For the 2nd of January
Given 90 days horizon, the Naive Prediction forecasted value of PHLT New on the next trading day is expected to be 8.34 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.17, and the sum of the absolute errors of 14.94.Please note that although there have been many attempts to predict PHLT 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 PHLT New's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PHLT New Stock Forecast Pattern
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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 PHLT New stock data series using in forecasting. Note that when a statistical model is used to represent PHLT New 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 | 116.3536 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.245 |
| MAPE | Mean absolute percentage error | 0.0388 |
| SAE | Sum of the absolute errors | 14.9439 |
Predictive Modules for PHLT New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PHLT New. 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.PHLT New 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 PHLT New stock to make a market-neutral strategy. Peer analysis of PHLT New could also be used in its relative valuation, which is a method of valuing PHLT New by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PHLT New Market Strength Events
Market strength indicators help investors to evaluate how PHLT New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PHLT New shares will generate the highest return on investment. By undertsting and applying PHLT New stock market strength indicators, traders can identify PHLT New entry and exit signals to maximize returns.
PHLT New Risk Indicators
The analysis of PHLT New'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 PHLT New's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting phlt 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 | 3.52 | |||
| Standard Deviation | 14.22 | |||
| Variance | 202.17 | |||
| Downside Variance | 1.73 | |||
| Semi Variance | (1.12) | |||
| Expected Short fall | (4.88) |
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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Additional Tools for PHLT Stock Analysis
When running PHLT New's price analysis, check to measure PHLT New'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 PHLT New is operating at the current time. Most of PHLT New's value examination focuses on studying past and present price action to predict the probability of PHLT New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHLT New's price. Additionally, you may evaluate how the addition of PHLT New to your portfolios can decrease your overall portfolio volatility.