Emmaus Life OTC Stock Forecast - Naive Prediction
| EMMA Stock | USD 0.01 0 20.37% |
The Naive Prediction forecasted value of Emmaus Life Sciences on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.0009 and the sum of the absolute errors of 0.05. Emmaus OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Emmaus Life stock prices and determine the direction of Emmaus Life Sciences's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Emmaus Life's historical fundamentals, such as revenue growth or operating cash flow patterns.
Emmaus |
Emmaus Life Naive Prediction Price Forecast For the 1st of January
Given 90 days horizon, the Naive Prediction forecasted value of Emmaus Life Sciences on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.0009, mean absolute percentage error of 0.00000117, and the sum of the absolute errors of 0.05.Please note that although there have been many attempts to predict Emmaus 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 Emmaus Life's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Emmaus Life OTC Stock Forecast Pattern
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Emmaus Life Forecasted Value
In the context of forecasting Emmaus Life'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. Emmaus Life's downside and upside margins for the forecasting period are 0.0001 and 11.49, respectively. We have considered Emmaus Life'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Emmaus Life otc stock data series using in forecasting. Note that when a statistical model is used to represent Emmaus Life 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 | 104.4532 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 9.0E-4 |
| MAPE | Mean absolute percentage error | 0.0782 |
| SAE | Sum of the absolute errors | 0.0531 |
Predictive Modules for Emmaus Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Emmaus Life Sciences. 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 Emmaus Life
For every potential investor in Emmaus, whether a beginner or expert, Emmaus Life's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Emmaus OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Emmaus. Basic forecasting techniques help filter out the noise by identifying Emmaus Life's price trends.Emmaus Life 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 Emmaus Life otc stock to make a market-neutral strategy. Peer analysis of Emmaus Life could also be used in its relative valuation, which is a method of valuing Emmaus Life by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Emmaus Life Sciences 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 Emmaus Life'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 Emmaus Life's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Emmaus Life Market Strength Events
Market strength indicators help investors to evaluate how Emmaus Life 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 Emmaus Life shares will generate the highest return on investment. By undertsting and applying Emmaus Life otc stock market strength indicators, traders can identify Emmaus Life Sciences entry and exit signals to maximize returns.
Emmaus Life Risk Indicators
The analysis of Emmaus Life'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 Emmaus Life's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting emmaus 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 | 6.84 | |||
| Semi Deviation | 7.48 | |||
| Standard Deviation | 11.35 | |||
| Variance | 128.92 | |||
| Downside Variance | 118.72 | |||
| Semi Variance | 55.93 | |||
| Expected Short fall | (12.13) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Emmaus OTC Stock
Emmaus Life financial ratios help investors to determine whether Emmaus 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 Emmaus with respect to the benefits of owning Emmaus Life security.