Xcyte Digital Stock Forward View - Simple Regression

XCYT Stock   0.26  0.00  0.00%   
Xcyte Stock outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Xcyte Digital's share price is below 20 . This entails that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Xcyte Digital'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 Xcyte Digital and does not consider all of the tangible or intangible factors available from Xcyte Digital's fundamental data. We analyze noise-free headlines and recent hype associated with Xcyte Digital Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Xcyte Digital's stock price prediction:
Quarterly Revenue Growth
0.397
Using Xcyte Digital hype-based prediction, you can estimate the value of Xcyte Digital Corp from the perspective of Xcyte Digital response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Xcyte Digital Corp on the next trading day is expected to be 0.26 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.

Xcyte Digital after-hype prediction price

    
  CAD 0.26  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Xcyte Digital to cross-verify your projections.

Xcyte Digital Additional Predictive Modules

Most predictive techniques to examine Xcyte price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Xcyte using various technical indicators. When you analyze Xcyte 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Xcyte Digital price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Xcyte Digital Simple Regression Price Forecast For the 8th of February

Given 90 days horizon, the Simple Regression forecasted value of Xcyte Digital Corp on the next trading day is expected to be 0.26 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Xcyte Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Xcyte Digital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Xcyte Digital Stock Forecast Pattern

Backtest Xcyte Digital  Xcyte Digital Price Prediction  Research Analysis  

Xcyte Digital Forecasted Value

In the context of forecasting Xcyte Digital'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. Xcyte Digital's downside and upside margins for the forecasting period are 0.26 and 0.26, respectively. We have considered Xcyte Digital'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
0.26
0.26
Expected Value
0.26
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Xcyte Digital stock data series using in forecasting. Note that when a statistical model is used to represent Xcyte Digital 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 Criteria47.0344
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Xcyte Digital Corp historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Xcyte Digital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xcyte Digital Corp. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xcyte Digital'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.
Hype
Prediction
LowEstimatedHigh
0.260.260.26
Details
Intrinsic
Valuation
LowRealHigh
0.220.220.29
Details

Xcyte Digital After-Hype Price Density Analysis

As far as predicting the price of Xcyte Digital 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 Xcyte Digital 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 Stock prices, such as prices of Xcyte Digital, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Xcyte Digital Estimiated After-Hype Price Volatility

In the context of predicting Xcyte Digital's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Xcyte Digital's historical news coverage. Xcyte Digital's after-hype downside and upside margins for the prediction period are 0.26 and 0.26, respectively. We have considered Xcyte Digital'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.26
0.26
After-hype Price
0.26
Upside
Xcyte Digital is very steady at this time. Analysis and calculation of next after-hype price of Xcyte Digital Corp is based on 3 months time horizon.

Xcyte Digital Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Xcyte Digital is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Xcyte Digital 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 Stock 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 Xcyte Digital, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.26
0.26
0.00 
0.00  
Notes

Xcyte Digital Hype Timeline

Xcyte Digital Corp is at this time traded for 0.26on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Xcyte is anticipated 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 anticipated to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Xcyte Digital is about 0.0%, with the expected price after the next announcement by competition of 0.26. The company recorded a loss per share of 0.11. Xcyte Digital Corp had not issued any dividends in recent years. Assuming the 90 days trading horizon the next anticipated press release will be very soon.
Check out Historical Fundamental Analysis of Xcyte Digital to cross-verify your projections.

Xcyte Digital Related Hype Analysis

Having access to credible news sources related to Xcyte Digital's direct competition is more important than ever and may enhance your ability to predict Xcyte Digital's future price movements. Getting to know how Xcyte Digital'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 Xcyte Digital may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Xcyte Digital

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

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

Xcyte Digital Market Strength Events

Market strength indicators help investors to evaluate how Xcyte Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xcyte Digital shares will generate the highest return on investment. By undertsting and applying Xcyte Digital stock market strength indicators, traders can identify Xcyte Digital Corp entry and exit signals to maximize returns.

Story Coverage note for Xcyte Digital

The number of cover stories for Xcyte Digital depends on current market conditions and Xcyte Digital's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Xcyte Digital 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 Xcyte Digital's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for Xcyte Stock Analysis

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