Nautilus Biotechnology Stock Forecast - Naive Prediction
| NAUT Stock | USD 2.24 0.06 2.61% |
The Naive Prediction forecasted value of Nautilus Biotechnology on the next trading day is expected to be 2.39 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.56. Nautilus Stock Forecast is based on your current time horizon.
Nautilus |
Open Interest Against 2024-12-20 Nautilus Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Nautilus Biotechnology's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Nautilus Biotechnology's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Nautilus Biotechnology stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Nautilus Biotechnology's open interest, investors have to compare it to Nautilus Biotechnology's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Nautilus Biotechnology is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Nautilus. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Nautilus Biotechnology's financial statements to predict how it will affect future prices.
Cash | First Reported 2018-12-31 | Previous Quarter 24.9 M | Current Value 4.4 M | Quarterly Volatility 88 M |
Nautilus Biotechnology Naive Prediction Price Forecast For the 2nd of December
Given 90 days horizon, the Naive Prediction forecasted value of Nautilus Biotechnology on the next trading day is expected to be 2.39 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.56.Please note that although there have been many attempts to predict Nautilus 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 Nautilus Biotechnology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nautilus Biotechnology Stock Forecast Pattern
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Nautilus Biotechnology Forecasted Value
In the context of forecasting Nautilus Biotechnology'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. Nautilus Biotechnology's downside and upside margins for the forecasting period are 0.02 and 6.34, respectively. We have considered Nautilus Biotechnology'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 Nautilus Biotechnology stock data series using in forecasting. Note that when a statistical model is used to represent Nautilus Biotechnology 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 | 113.3453 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0748 |
| MAPE | Mean absolute percentage error | 0.0279 |
| SAE | Sum of the absolute errors | 4.5602 |
Predictive Modules for Nautilus Biotechnology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nautilus Biotechnology. 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 Nautilus Biotechnology'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.
Other Forecasting Options for Nautilus Biotechnology
For every potential investor in Nautilus, whether a beginner or expert, Nautilus Biotechnology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nautilus Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nautilus. Basic forecasting techniques help filter out the noise by identifying Nautilus Biotechnology's price trends.View Nautilus Biotechnology Related Equities
| Risk & Return | Correlation |
Nautilus Biotechnology Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nautilus Biotechnology'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 Nautilus Biotechnology's current price.| Cycle Indicators | ||
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Nautilus Biotechnology Market Strength Events
Market strength indicators help investors to evaluate how Nautilus Biotechnology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nautilus Biotechnology shares will generate the highest return on investment. By undertsting and applying Nautilus Biotechnology stock market strength indicators, traders can identify Nautilus Biotechnology entry and exit signals to maximize returns.
Nautilus Biotechnology Risk Indicators
The analysis of Nautilus Biotechnology'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 Nautilus Biotechnology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nautilus 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 | 3.08 | |||
| Standard Deviation | 3.9 | |||
| Variance | 15.2 |
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 Tools for Nautilus Stock Analysis
When running Nautilus Biotechnology's price analysis, check to measure Nautilus Biotechnology'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 Nautilus Biotechnology is operating at the current time. Most of Nautilus Biotechnology's value examination focuses on studying past and present price action to predict the probability of Nautilus Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nautilus Biotechnology's price. Additionally, you may evaluate how the addition of Nautilus Biotechnology to your portfolios can decrease your overall portfolio volatility.