Tecogen OTC Stock Forecast - Double Exponential Smoothing
| TGEN Stock | USD 4.92 0.17 3.34% |
The Double Exponential Smoothing forecasted value of Tecogen on the next trading day is expected to be 4.85 with a mean absolute deviation of 0.43 and the sum of the absolute errors of 25.42. Tecogen OTC Stock Forecast is based on your current time horizon.
Tecogen |
Open Interest Against 2026-02-20 Tecogen Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Tecogen'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 Tecogen's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Tecogen 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 Tecogen's open interest, investors have to compare it to Tecogen'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 Tecogen 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 Tecogen. 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.
Tecogen Double Exponential Smoothing Price Forecast For the 31st of December
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Tecogen on the next trading day is expected to be 4.85 with a mean absolute deviation of 0.43, mean absolute percentage error of 0.40, and the sum of the absolute errors of 25.42.Please note that although there have been many attempts to predict Tecogen 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 Tecogen's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Tecogen OTC Stock Forecast Pattern
| Backtest Tecogen | Tecogen Price Prediction | Buy or Sell Advice |
Tecogen Forecasted Value
In the context of forecasting Tecogen'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. Tecogen's downside and upside margins for the forecasting period are 0.05 and 11.52, respectively. We have considered Tecogen'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Tecogen otc stock data series using in forecasting. Note that when a statistical model is used to represent Tecogen 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.1017 |
| MAD | Mean absolute deviation | 0.4309 |
| MAPE | Mean absolute percentage error | 0.0539 |
| SAE | Sum of the absolute errors | 25.4222 |
Predictive Modules for Tecogen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tecogen. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tecogen'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 Tecogen
For every potential investor in Tecogen, whether a beginner or expert, Tecogen's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tecogen OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tecogen. Basic forecasting techniques help filter out the noise by identifying Tecogen's price trends.Tecogen 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 Tecogen otc stock to make a market-neutral strategy. Peer analysis of Tecogen could also be used in its relative valuation, which is a method of valuing Tecogen by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tecogen 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 Tecogen'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 Tecogen's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Tecogen Market Strength Events
Market strength indicators help investors to evaluate how Tecogen 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 Tecogen shares will generate the highest return on investment. By undertsting and applying Tecogen otc stock market strength indicators, traders can identify Tecogen entry and exit signals to maximize returns.
| Accumulation Distribution | 24351.77 | |||
| Daily Balance Of Power | (0.77) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 5.01 | |||
| Day Typical Price | 4.98 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | (0.17) | |||
| Relative Strength Index | 35.42 |
Tecogen Risk Indicators
The analysis of Tecogen'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 Tecogen's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tecogen 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 | 4.89 | |||
| Standard Deviation | 6.65 | |||
| Variance | 44.21 |
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 Tecogen
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 Tecogen 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 Tecogen will appreciate offsetting losses from the drop in the long position's value.Moving against Tecogen OTC Stock
| 0.86 | IDN | Intellicheck Mobilisa | PairCorr |
| 0.82 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.76 | NOEM | CO2 Energy Transition | PairCorr |
| 0.72 | AAL | American Airlines | PairCorr |
| 0.71 | TLK | Telkom Indonesia Tbk | PairCorr |
The ability to find closely correlated positions to Tecogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tecogen 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 Tecogen - 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 Tecogen to buy it.
The correlation of Tecogen 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 Tecogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tecogen 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 Tecogen 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 Tecogen OTC Stock
Tecogen financial ratios help investors to determine whether Tecogen 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 Tecogen with respect to the benefits of owning Tecogen security.