ParkerVision OTC Stock Forecast - Naive Prediction
PRKRDelisted Stock | USD 0.1 0.01 5.00% |
The Naive Prediction forecasted value of ParkerVision on the next trading day is expected to be 0.11 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.41. ParkerVision OTC Stock Forecast is based on your current time horizon.
ParkerVision |
ParkerVision Naive Prediction Price Forecast For the 24th of December
Given 90 days horizon, the Naive Prediction forecasted value of ParkerVision on the next trading day is expected to be 0.11 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000069, and the sum of the absolute errors of 0.41.Please note that although there have been many attempts to predict ParkerVision 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 ParkerVision's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ParkerVision OTC Stock Forecast Pattern
Backtest ParkerVision | ParkerVision Price Prediction | Buy or Sell Advice |
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 ParkerVision otc stock data series using in forecasting. Note that when a statistical model is used to represent ParkerVision 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 | 108.5261 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0067 |
MAPE | Mean absolute percentage error | 0.0645 |
SAE | Sum of the absolute errors | 0.4089 |
Predictive Modules for ParkerVision
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ParkerVision. 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.ParkerVision 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 ParkerVision otc stock to make a market-neutral strategy. Peer analysis of ParkerVision could also be used in its relative valuation, which is a method of valuing ParkerVision by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
ParkerVision Market Strength Events
Market strength indicators help investors to evaluate how ParkerVision 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 ParkerVision shares will generate the highest return on investment. By undertsting and applying ParkerVision otc stock market strength indicators, traders can identify ParkerVision entry and exit signals to maximize returns.
ParkerVision Risk Indicators
The analysis of ParkerVision'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 ParkerVision's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting parkervision 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 | 5.95 | |||
Standard Deviation | 8.4 | |||
Variance | 70.53 |
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.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in ParkerVision OTC Stock
If you are still planning to invest in ParkerVision check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ParkerVision's history and understand the potential risks before investing.
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