Pharmather Holdings OTC Stock Forecast - 8 Period Moving Average

PHRRF Stock  USD 0.16  0.01  5.88%   
The 8 Period Moving Average forecasted value of Pharmather Holdings on the next trading day is expected to be 0.17 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.65. Pharmather OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Pharmather Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Pharmather Holdings is based on an artificially constructed time series of Pharmather Holdings daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Pharmather Holdings 8 Period Moving Average Price Forecast For the 17th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Pharmather Holdings on the next trading day is expected to be 0.17 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.65.
Please note that although there have been many attempts to predict Pharmather 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 Pharmather Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pharmather Holdings OTC Stock Forecast Pattern

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Pharmather Holdings Forecasted Value

In the context of forecasting Pharmather Holdings' 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. Pharmather Holdings' downside and upside margins for the forecasting period are 0 and 6.70, respectively. We have considered Pharmather Holdings' 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
0.16
0.17
Expected Value
6.70
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Pharmather Holdings otc stock data series using in forecasting. Note that when a statistical model is used to represent Pharmather Holdings 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.
AICAkaike Information Criteria94.9846
BiasArithmetic mean of the errors 0.0029
MADMean absolute deviation0.0123
MAPEMean absolute percentage error0.0724
SAESum of the absolute errors0.6512
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Pharmather Holdings 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Pharmather Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pharmather Holdings. 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.
Hype
Prediction
LowEstimatedHigh
0.010.166.64
Details
Intrinsic
Valuation
LowRealHigh
0.010.146.62
Details

Other Forecasting Options for Pharmather Holdings

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

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 Risk & Return  Correlation

Pharmather Holdings 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 Pharmather Holdings' 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 Pharmather Holdings' current price.

Pharmather Holdings Market Strength Events

Market strength indicators help investors to evaluate how Pharmather Holdings 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 Pharmather Holdings shares will generate the highest return on investment. By undertsting and applying Pharmather Holdings otc stock market strength indicators, traders can identify Pharmather Holdings entry and exit signals to maximize returns.

Pharmather Holdings Risk Indicators

The analysis of Pharmather Holdings' 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 Pharmather Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pharmather 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.
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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Other Information on Investing in Pharmather OTC Stock

Pharmather Holdings financial ratios help investors to determine whether Pharmather 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 Pharmather with respect to the benefits of owning Pharmather Holdings security.