OptiNose Stock Forecast - 4 Period Moving Average
0OP Stock | EUR 5.10 0.25 4.67% |
The 4 Period Moving Average forecasted value of OptiNose on the next trading day is expected to be 5.21 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 11.29. OptiNose Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of OptiNose's historical fundamentals, such as revenue growth or operating cash flow patterns.
OptiNose |
OptiNose 4 Period Moving Average Price Forecast For the 16th of March 2025
Given 90 days horizon, the 4 Period Moving Average forecasted value of OptiNose on the next trading day is expected to be 5.21 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.06, and the sum of the absolute errors of 11.29.Please note that although there have been many attempts to predict OptiNose 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 OptiNose's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
OptiNose Stock Forecast Pattern
Backtest OptiNose | OptiNose Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of OptiNose stock data series using in forecasting. Note that when a statistical model is used to represent OptiNose 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 | 108.0211 |
Bias | Arithmetic mean of the errors | 0.0876 |
MAD | Mean absolute deviation | 0.198 |
MAPE | Mean absolute percentage error | 0.0333 |
SAE | Sum of the absolute errors | 11.285 |
Predictive Modules for OptiNose
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OptiNose. 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.OptiNose 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 OptiNose stock to make a market-neutral strategy. Peer analysis of OptiNose could also be used in its relative valuation, which is a method of valuing OptiNose by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
OptiNose Market Strength Events
Market strength indicators help investors to evaluate how OptiNose stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OptiNose shares will generate the highest return on investment. By undertsting and applying OptiNose stock market strength indicators, traders can identify OptiNose entry and exit signals to maximize returns.
OptiNose Risk Indicators
The analysis of OptiNose'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 OptiNose's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting optinose 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 | 2.81 | |||
Standard Deviation | 3.99 | |||
Variance | 15.89 |
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 Information and Resources on Investing in OptiNose Stock
When determining whether OptiNose offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OptiNose's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Optinose Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optinose Stock:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.