# Ocean Electric OTC Stock Forecast - Polynomial Regression

OCEL | Stock | ## USD 0.03 0.002 6.25% |

Ocean OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ocean Electric historical stock prices and determine the direction of Ocean Electric'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 Ocean Electric historical fundamentals such as revenue growth or operating cash flow patterns.

Please check Historical Fundamental Analysis of Ocean Electric to cross-verify your projections. Ocean |

Most investors in Ocean Electric 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 Ocean Electric's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ocean Electric's price structures and extracts relationships that further increase the generated results' accuracy.

Ocean Electric polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Ocean Electric as well as the accuracy indicators are determined from the period prices. ## Ocean Electric Polynomial Regression Price Forecast For the 4th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Ocean Electric on the next trading day is expected to be 0.032042 with a mean absolute deviation of 0.003257, mean absolute percentage error of 0.00002064, and the sum of the absolute errors of 0.20.Please note that although there have been many attempts to predict Ocean 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 Ocean Electric's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

## Ocean Electric OTC Stock Forecast Pattern

Backtest Ocean Electric | Ocean Electric Price Prediction | Buy or Sell Advice |

## Ocean Electric Forecasted Value

In the context of forecasting Ocean Electric's 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. Ocean Electric's downside and upside margins for the forecasting period are 0.0003 and 11.51, respectively. We have considered Ocean Electric'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Ocean Electric otc stock data series using in forecasting. Note that when a statistical model is used to represent Ocean Electric 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 | 107.3224 |

Bias | Arithmetic mean of the errors | None |

MAD | Mean absolute deviation | 0.0033 |

MAPE | Mean absolute percentage error | 0.0921 |

SAE | Sum of the absolute errors | 0.1987 |

_{0}+ a

_{1}*X + a

_{2}*X

^{2}+ a

_{3}*X

^{3}+ ... + a

_{m}*X

^{m}

## Predictive Modules for Ocean Electric

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ocean Electric. 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 Ocean Electric'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 Ocean Electric 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 Ocean Electric. Your research has to be compared to or analyzed against Ocean Electric's peers to derive any actionable benefits. When done correctly, Ocean Electric'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 Ocean Electric.

## Other Forecasting Options for Ocean Electric

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

Risk & Return | Correlation |

## Ocean Electric 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 Ocean Electric'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 Ocean Electric's current price.Cycle Indicators | ||

Math Operators | ||

Math Transform | ||

Momentum Indicators | ||

Overlap Studies | ||

Pattern Recognition | ||

Price Transform | ||

Statistic Functions | ||

Volatility Indicators | ||

Volume Indicators |

## Ocean Electric Risk Indicators

The analysis of Ocean Electric'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 Ocean Electric's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Ocean Electric 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 | 8.89 | |||

Semi Deviation | 10.08 | |||

Standard Deviation | 11.73 | |||

Variance | 137.52 | |||

Downside Variance | 135.57 | |||

Semi Variance | 101.66 | |||

Expected Short fall | (11.39) |

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.

## Be your own money manager

Our tools can tell you how much better you can do entering a position in Ocean Electric without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.## Did you try this?

### Run Instant Ratings Now

## Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |

All Next | Launch Module |

## Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Ocean Electric using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.## Build Optimal Portfolios

### Align your risk with return expectations

Please check Historical Fundamental Analysis of Ocean Electric to cross-verify your projections. Note that the Ocean Electric information on this page should be used as a complementary analysis to other Ocean Electric'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

## Complementary Tools for Ocean OTC Stock analysis

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

Headlines TimelineStay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | Go | |

Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | Go | |

ETF DirectoryFind actively traded Exchange Traded Funds (ETF) from around the world | Go | |

Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments | Go | |

Content SyndicationQuickly integrate customizable finance content to your own investment portal | Go | |

Options AnalysisAnalyze and evaluate options and option chains as a potential hedge for your portfolios | Go | |

Portfolio AnywhereTrack or share privately all of your investments from the convenience of any device | Go | |

CEO DirectoryScreen CEOs from public companies around the world | Go | |

Crypto CorrelationsUse cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | Go | |

Portfolio BacktestingAvoid under-diversification and over-optimization by backtesting your portfolios | Go | |

Money ManagersScreen money managers from public funds and ETFs managed around the world | Go |