ParkerVision OTC Stock Forecast - Naive Prediction

PRKR Stock  USD 0.25  0.01  4.17%   
ParkerVision OTC Stock outlook is based on your current time horizon.
As of today, the value of RSI of ParkerVision's share price is approaching 49 indicating that the otc stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling ParkerVision, making its price go up or down.

Momentum 49

 Impartial

 
Oversold
 
Overbought
ParkerVision stock price prediction is an act of determining the future value of ParkerVision shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of ParkerVision's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of ParkerVision and does not consider all of the tangible or intangible factors available from ParkerVision's fundamental data. We analyze noise-free headlines and recent hype associated with ParkerVision, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of ParkerVision based on different types of headlines from major news networks to social media. Using ParkerVision hype-based prediction, you can estimate the value of ParkerVision from the perspective of ParkerVision response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of ParkerVision on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.76.

ParkerVision after-hype prediction price

    
  USD 0.25  
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of ParkerVision to cross-verify your projections.

ParkerVision Additional Predictive Modules

Most predictive techniques to examine ParkerVision price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ParkerVision using various technical indicators. When you analyze ParkerVision 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.
A naive forecasting model for ParkerVision is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of ParkerVision value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

ParkerVision Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of ParkerVision on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.76.
Please note that although there have been many attempts to predict ParkerVision 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 ParkerVision's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ParkerVision OTC Stock Forecast Pattern

Backtest ParkerVision  ParkerVision Price Prediction  Buy or Sell Advice  

ParkerVision Forecasted Value

In the context of forecasting ParkerVision'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. ParkerVision's downside and upside margins for the forecasting period are 0 and 8.80, respectively. We have considered ParkerVision'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.
Market Value
0.25
0.20
Expected Value
8.80
Upside

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 ParkerVision otc stock data series using in forecasting. Note that when a statistical model is used to represent ParkerVision 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.
AICAkaike Information Criteria109.92
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0124
MAPEMean absolute percentage error0.0519
SAESum of the absolute errors0.7566
This model is not at all useful as a medium-long range forecasting tool of ParkerVision. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict ParkerVision. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for ParkerVision

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ParkerVision. 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.
Hype
Prediction
LowEstimatedHigh
0.010.258.85
Details
Intrinsic
Valuation
LowRealHigh
0.010.218.81
Details

ParkerVision After-Hype Price Density Analysis

As far as predicting the price of ParkerVision at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ParkerVision or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of OTC Stock prices, such as prices of ParkerVision, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ParkerVision Estimiated After-Hype Price Volatility

In the context of predicting ParkerVision's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ParkerVision's historical news coverage. ParkerVision's after-hype downside and upside margins for the prediction period are 0.01 and 8.85, respectively. We have considered ParkerVision's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.25
0.25
After-hype Price
8.85
Upside
ParkerVision is out of control at this time. Analysis and calculation of next after-hype price of ParkerVision is based on 3 months time horizon.

ParkerVision OTC Stock Price Outlook Analysis

Have you ever been surprised when a price of a OTC Stock such as ParkerVision is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ParkerVision backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the OTC price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ParkerVision, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
8.60
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.25
0.25
0.00 
0.00  
Notes

ParkerVision Hype Timeline

ParkerVision is at this time traded for 0.25. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. ParkerVision is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.01%. %. The volatility of related hype on ParkerVision is about 0.0%, with the expected price after the next announcement by competition of 0.25. The company recorded a loss per share of 0.13. ParkerVision had not issued any dividends in recent years. The entity had 1:10 split on the 30th of March 2016. Given the investment horizon of 90 days the next forecasted press release will be within a week.
Check out Historical Fundamental Analysis of ParkerVision to cross-verify your projections.

ParkerVision Related Hype Analysis

Having access to credible news sources related to ParkerVision's direct competition is more important than ever and may enhance your ability to predict ParkerVision's future price movements. Getting to know how ParkerVision's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ParkerVision may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
DUBRFDubber Limited 0.00 0 per month 0.00 (0.17) 0.00  0.00  50.91 
NNOCFNanoco Group plc 0.00 0 per month 9.00  0.02  15.38 (22.08) 93.51 
CYBLCyberlux Corp 0.00 0 per month 0.00 (0.14) 13.64 (10.53) 38.94 
FOBIFFobi AI 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
BYLTFBaylin Technologies 0.00 0 per month 2.17 (0.01) 5.26 (5.00) 23.38 
SODISolitron Devices 0.00 0 per month 1.28  0.08  4.22 (2.28) 9.39 
KTHGFKantone Holdings Limited 0.00 0 per month 0.00  0.16  0.00  0.00  33.33 
INXDFThe INX Digital 0.00 0 per month 0.00  0.01  8.33 (7.69) 16.03 
SIMTFSIM Technology Group 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
GNCLFGencell 0.00 0 per month 0.00 (0.13) 0.00  0.00  80.00 

Other Forecasting Options for ParkerVision

For every potential investor in ParkerVision, whether a beginner or expert, ParkerVision's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ParkerVision OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ParkerVision. Basic forecasting techniques help filter out the noise by identifying ParkerVision's price trends.

ParkerVision 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 ParkerVision otc stock to make a market-neutral strategy. Peer analysis of ParkerVision could also be used in its relative valuation, which is a method of valuing ParkerVision by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ParkerVision Market Strength Events

Market strength indicators help investors to evaluate how ParkerVision 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 ParkerVision shares will generate the highest return on investment. By undertsting and applying ParkerVision otc stock market strength indicators, traders can identify ParkerVision entry and exit signals to maximize returns.

ParkerVision Risk Indicators

The analysis of ParkerVision'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 ParkerVision's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting parkervision 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.
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.

Story Coverage note for ParkerVision

The number of cover stories for ParkerVision depends on current market conditions and ParkerVision's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ParkerVision is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ParkerVision's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Additional Tools for ParkerVision OTC Stock Analysis

When running ParkerVision's price analysis, check to measure ParkerVision'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 ParkerVision is operating at the current time. Most of ParkerVision's value examination focuses on studying past and present price action to predict the probability of ParkerVision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ParkerVision's price. Additionally, you may evaluate how the addition of ParkerVision to your portfolios can decrease your overall portfolio volatility.