# Cyclacel Pharmaceuti Stock Forecast - Naive Prediction

CYCC | Stock | ## USD 0.81 0.03 3.57% |

Cyclacel Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cyclacel Pharmaceuti historical stock prices and determine the direction of Cyclacel Pharmaceuti's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Cyclacel Pharmaceuti historical fundamentals such as revenue growth or operating cash flow patterns.

Continue to Historical Fundamental Analysis of Cyclacel Pharmaceuti to cross-verify your projections. Cyclacel |

### Open Interest Agains t 2022-12-16 Cyclacel Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Cyclacel Pharmaceuti'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 Cyclacel Pharmaceuti's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Cyclacel Pharmaceuti stock based on available contracts left at the end of a trading day.

Please note, to derive more accurate forecasting about market movement from the current Cyclacel Pharmaceuti's open interest, investors have to compare it to Cyclacel Pharmaceuti'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 Cyclacel Pharmaceuti 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 Cyclacel. 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.

Most investors in Cyclacel Pharmaceuti cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Cyclacel Pharmaceuti's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cyclacel Pharmaceuti's price structures and extracts relationships that further increase the generated results' accuracy.

A naive forecasting model for Cyclacel Pharmaceuti is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Cyclacel Pharmaceuti value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period. ## Cyclacel Pharmaceuti Naive Prediction Price Forecast For the 30th of November

Given 90 days horizon, the Naive Prediction forecasted value of Cyclacel Pharmaceuti on the next trading day is expected to be 0.76 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.004906, and the sum of the absolute errors of 3.44.Please note that although there have been many attempts to predict Cyclacel 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 Cyclacel Pharmaceuti's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

## Cyclacel Pharmaceuti Stock Forecast Pattern

Backtest Cyclacel Pharmaceuti | Cyclacel Pharmaceuti Price Prediction | Buy or Sell Advice |

## Cyclacel Pharmaceuti Forecasted Value

In the context of forecasting Cyclacel Pharmaceuti'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. Cyclacel Pharmaceuti's downside and upside margins for the forecasting period are 0.0081 and 5.59, respectively. We have considered Cyclacel Pharmaceuti'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 Cyclacel Pharmaceuti stock data series using in forecasting. Note that when a statistical model is used to represent Cyclacel Pharmaceuti 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 | 112.7933 |

Bias | Arithmetic mean of the errors | None |

MAD | Mean absolute deviation | 0.0565 |

MAPE | Mean absolute percentage error | 0.0447 |

SAE | Sum of the absolute errors | 3.4441 |

## Predictive Modules for Cyclacel Pharmaceuti

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cyclacel Pharmaceuti. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Cyclacel Pharmaceuti'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. Please use the tools below to analyze the current value of Cyclacel Pharmaceuti in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cyclacel Pharmaceuti. Your research has to be compared to or analyzed against Cyclacel Pharmaceuti's peers to derive any actionable benefits. When done correctly, Cyclacel Pharmaceuti's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Cyclacel Pharmaceuti.

## Other Forecasting Options for Cyclacel Pharmaceuti

For every potential investor in Cyclacel, whether a beginner or expert, Cyclacel Pharmaceuti's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cyclacel Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cyclacel. Basic forecasting techniques help filter out the noise by identifying Cyclacel Pharmaceuti's price trends.## Cyclacel Pharmaceuti 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 Cyclacel Pharmaceuti stock to make a market-neutral strategy. Peer analysis of Cyclacel Pharmaceuti could also be used in its relative valuation, which is a method of valuing Cyclacel Pharmaceuti by comparing valuation metrics with similar companies.

Risk & Return | Correlation |

## Cyclacel Pharmaceuti 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 Cyclacel Pharmaceuti'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 Cyclacel Pharmaceuti's current price.Cycle Indicators | ||

Math Operators | ||

Math Transform | ||

Momentum Indicators | ||

Overlap Studies | ||

Pattern Recognition | ||

Price Transform | ||

Statistic Functions | ||

Volatility Indicators | ||

Volume Indicators |

## Cyclacel Pharmaceuti Market Strength Events

Market strength indicators help investors to evaluate how Cyclacel Pharmaceuti stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cyclacel Pharmaceuti shares will generate the highest return on investment. By undertsting and applying Cyclacel Pharmaceuti stock market strength indicators, traders can identify Cyclacel Pharmaceuti entry and exit signals to maximize returns.

Accumulation Distribution | 14413.26 | |||

Daily Balance Of Power | (0.30) | |||

Rate Of Daily Change | 0.96 | |||

Day Median Price | 0.84 | |||

Day Typical Price | 0.83 | |||

Market Facilitation Index | 0.0 | |||

Price Action Indicator | (0.045) |

## Cyclacel Pharmaceuti Risk Indicators

The analysis of Cyclacel Pharmaceuti's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Cyclacel Pharmaceuti's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Cyclacel Pharmaceuti stock price, 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 | 3.64 | |||

Standard Deviation | 4.78 | |||

Variance | 22.87 |

Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cyclacel Pharmaceuti in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cyclacel Pharmaceuti's short interest history, or implied volatility extrapolated from Cyclacel Pharmaceuti options trading.

## Pair Trading with Cyclacel Pharmaceuti

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cyclacel Pharmaceuti position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cyclacel Pharmaceuti will appreciate offsetting losses from the drop in the long position's value.### Moving against Cyclacel Pharmaceuti

- | 0.67 | GEO | Geo Group | Trending | PairCorr | ||

- | 0.65 | AZO | Autozone | Earnings Call This Week | PairCorr | ||

- | 0.57 | MRNA | Moderna | Potential Growth | PairCorr | ||

- | 0.55 | AZPN | Aspen Technology | Downward Rally | PairCorr |

The ability to find closely correlated positions to Cyclacel Pharmaceuti could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cyclacel Pharmaceuti when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cyclacel Pharmaceuti - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cyclacel Pharmaceuti to buy it.

The correlation of Cyclacel Pharmaceuti is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cyclacel Pharmaceuti moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cyclacel Pharmaceuti moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cyclacel Pharmaceuti can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Continue to Historical Fundamental Analysis of Cyclacel Pharmaceuti to cross-verify your projections. Note that the Cyclacel Pharmaceuti information on this page should be used as a complementary analysis to other Cyclacel Pharmaceuti's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

## Complementary Tools for Cyclacel Stock analysis

When running Cyclacel Pharmaceuti price analysis, check to measure Cyclacel Pharmaceuti'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 Cyclacel Pharmaceuti is operating at the current time. Most of Cyclacel Pharmaceuti's value examination focuses on studying past and present price action to predict the probability of Cyclacel Pharmaceuti's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cyclacel Pharmaceuti's price. Additionally, you may evaluate how the addition of Cyclacel Pharmaceuti to your portfolios can decrease your overall portfolio volatility.

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Is Cyclacel Pharmaceuti's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cyclacel Pharmaceuti. If investors know Cyclacel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cyclacel Pharmaceuti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Market Capitalization 10.5 M | Return On Assets (0.42) | Return On Equity (0.60) |

The market value of Cyclacel Pharmaceuti is measured differently than its book value, which is the value of Cyclacel that is recorded on the company's balance sheet. Investors also form their own opinion of Cyclacel Pharmaceuti's value that differs from its market value or its book value, called intrinsic value, which is Cyclacel Pharmaceuti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cyclacel Pharmaceuti's market value can be influenced by many factors that don't directly affect Cyclacel Pharmaceuti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cyclacel Pharmaceuti's value and its price as these two are different measures arrived at by different means. Investors typically determine Cyclacel Pharmaceuti value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cyclacel Pharmaceuti's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.