Oracle Corp OTC Stock Forecast - Naive Prediction

OCLCF
 Stock
  

USD 54.20  3.09  5.39%   

Oracle OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Oracle Corp historical stock prices and determine the direction of Oracle Corp'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 Oracle Corp historical fundamentals such as revenue growth or operating cash flow patterns.
Please check Historical Fundamental Analysis of Oracle Corp to cross-verify your projections.
  
Most investors in Oracle Corp 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 Oracle Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Oracle Corp's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Oracle Corp is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Oracle Corp 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.

Oracle Corp Naive Prediction Price Forecast For the 1st of October

Given 90 days horizon, the Naive Prediction forecasted value of Oracle Corp on the next trading day is expected to be 52.70 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.17, and the sum of the absolute errors of 13.16.
Please note that although there have been many attempts to predict Oracle 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 Oracle Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Oracle Corp OTC Stock Forecast Pattern

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Oracle Corp Forecasted Value

In the context of forecasting Oracle Corp'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. Oracle Corp's downside and upside margins for the forecasting period are 52.02 and 53.39, respectively. We have considered Oracle Corp'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.
Market Value 54.20
52.70
Expected Value
53.39
Upside

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 Oracle Corp otc stock data series using in forecasting. Note that when a statistical model is used to represent Oracle Corp 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 Criteria116.3307
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2157
MAPEMean absolute percentage error0.0039
SAESum of the absolute errors13.1603
This model is not at all useful as a medium-long range forecasting tool of Oracle Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Oracle Corp. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Oracle Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oracle Corp. 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 Oracle Corp'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 Oracle Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.000.69
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.000.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
54.8356.1457.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Oracle Corp. Your research has to be compared to or analyzed against Oracle Corp's peers to derive any actionable benefits. When done correctly, Oracle Corp'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 Oracle Corp.

Other Forecasting Options for Oracle Corp

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

Oracle Corp 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 Oracle Corp otc stock to make a market-neutral strategy. Peer analysis of Oracle Corp could also be used in its relative valuation, which is a method of valuing Oracle Corp by comparing valuation metrics with similar companies.
Pure StorageOtsuka CorpRexel SaSeiko Epson CorpTaitron ComponentsSeiko Epson ADRRexel SAAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanNatural Hlth TrdUSA Value FactorBetapro Canadian Gold
 Risk & Return  Correlation

Oracle Corp 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 Oracle Corp'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 Oracle Corp's current price.

Oracle Corp Risk Indicators

The analysis of Oracle Corp'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 Oracle Corp's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Oracle Corp 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.
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 Oracle Corp 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, Oracle Corp's short interest history, or implied volatility extrapolated from Oracle Corp options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Oracle Corp 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.

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Please check Historical Fundamental Analysis of Oracle Corp to cross-verify your projections. Note that the Oracle Corp information on this page should be used as a complementary analysis to other Oracle Corp'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Oracle OTC Stock analysis

When running Oracle Corp price analysis, check to measure Oracle Corp'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 Oracle Corp is operating at the current time. Most of Oracle Corp's value examination focuses on studying past and present price action to predict the probability of Oracle Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oracle Corp's price. Additionally, you may evaluate how the addition of Oracle Corp to your portfolios can decrease your overall portfolio volatility.
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Is Oracle Corp'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 Oracle Corp. If investors know Oracle 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 Oracle Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Oracle Corp is measured differently than its book value, which is the value of Oracle that is recorded on the company's balance sheet. Investors also form their own opinion of Oracle Corp's value that differs from its market value or its book value, called intrinsic value, which is Oracle Corp'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 Oracle Corp's market value can be influenced by many factors that don't directly affect Oracle Corp'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 Oracle Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Oracle Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oracle Corp'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.