Biostem Technologies OTC Stock Forecast - Simple Exponential Smoothing
| BSEM Stock | USD 14.44 0.98 6.36% |
The Simple Exponential Smoothing forecasted value of Biostem Technologies on the next trading day is expected to be 14.44 with a mean absolute deviation of 0.86 and the sum of the absolute errors of 51.64. Biostem OTC Stock Forecast is based on your current time horizon.
Biostem |
Biostem Technologies Simple Exponential Smoothing Price Forecast For the 24th of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Biostem Technologies on the next trading day is expected to be 14.44 with a mean absolute deviation of 0.86, mean absolute percentage error of 1.75, and the sum of the absolute errors of 51.64.Please note that although there have been many attempts to predict Biostem 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 Biostem Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Biostem Technologies OTC Stock Forecast Pattern
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Biostem Technologies Forecasted Value
In the context of forecasting Biostem Technologies' 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. Biostem Technologies' downside and upside margins for the forecasting period are 7.05 and 21.83, respectively. We have considered Biostem Technologies' 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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Biostem Technologies otc stock data series using in forecasting. Note that when a statistical model is used to represent Biostem Technologies 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 | 116.835 |
| Bias | Arithmetic mean of the errors | -0.074 |
| MAD | Mean absolute deviation | 0.8607 |
| MAPE | Mean absolute percentage error | 0.0548 |
| SAE | Sum of the absolute errors | 51.64 |
Predictive Modules for Biostem Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Biostem Technologies. 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 Biostem Technologies' 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 Biostem Technologies
For every potential investor in Biostem, whether a beginner or expert, Biostem Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Biostem OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Biostem. Basic forecasting techniques help filter out the noise by identifying Biostem Technologies' price trends.View Biostem Technologies Related Equities
| Risk & Return | Correlation |
Biostem Technologies 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 Biostem Technologies' 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 Biostem Technologies' current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Pattern Recognition | ||
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| Volume Indicators |
Biostem Technologies Market Strength Events
Market strength indicators help investors to evaluate how Biostem Technologies 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 Biostem Technologies shares will generate the highest return on investment. By undertsting and applying Biostem Technologies otc stock market strength indicators, traders can identify Biostem Technologies entry and exit signals to maximize returns.
Biostem Technologies Risk Indicators
The analysis of Biostem Technologies' 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 Biostem Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting biostem 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 | 5.19 | |||
| Semi Deviation | 6.6 | |||
| Standard Deviation | 7.29 | |||
| Variance | 53.08 | |||
| Downside Variance | 55.48 | |||
| Semi Variance | 43.56 | |||
| Expected Short fall | (5.65) |
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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Biostem Technologies financial ratios help investors to determine whether Biostem 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 Biostem with respect to the benefits of owning Biostem Technologies security.