Positive Physicians OTC Stock Forecast - Naive Prediction

PPHI
 Stock
  

USD 8.75  0.00  0.00%   

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

Positive Physicians Naive Prediction Price Forecast For the 20th of August

Given 90 days horizon, the Naive Prediction forecasted value of Positive Physicians Holdings on the next trading day is expected to be 9.40 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.61, and the sum of the absolute errors of 28.63.
Please note that although there have been many attempts to predict Positive 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 Positive Physicians' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Positive Physicians OTC Stock Forecast Pattern

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Positive Physicians Forecasted Value

In the context of forecasting Positive Physicians' 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. Positive Physicians' downside and upside margins for the forecasting period are 2.56 and 16.23, respectively. We have considered Positive Physicians' 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 8.75
9.40
Expected Value
16.23
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 Positive Physicians otc stock data series using in forecasting. Note that when a statistical model is used to represent Positive Physicians 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 Criteria117.6145
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4693
MAPEMean absolute percentage error0.0561
SAESum of the absolute errors28.6278
This model is not at all useful as a medium-long range forecasting tool of Positive Physicians Holdings. 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 Positive Physicians. 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 Positive Physicians

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Positive Physicians. 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 Positive Physicians' 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 Positive Physicians in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
1.898.7315.57
Details
Intrinsic
Valuation
LowReal ValueHigh
0.437.2714.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.638.718.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Positive Physicians. Your research has to be compared to or analyzed against Positive Physicians' peers to derive any actionable benefits. When done correctly, Positive Physicians' 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 Positive Physicians.

Other Forecasting Options for Positive Physicians

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

Positive Physicians 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 Positive Physicians otc stock to make a market-neutral strategy. Peer analysis of Positive Physicians could also be used in its relative valuation, which is a method of valuing Positive Physicians by comparing valuation metrics with similar companies.
Microsoft CorpAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGx Nasdaq-100 CoveredFranklin Mutual EuropeanGARDNER DENVER INCUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondLIFE STORAGE INCMaiden Holdings NorthVistra Energy Corp
 Risk & Return  Correlation

Positive Physicians 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 Positive Physicians' 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 Positive Physicians' current price.

Positive Physicians Market Strength Events

Market strength indicators help investors to evaluate how Positive Physicians 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 Positive Physicians shares will generate the highest return on investment. By undertsting and applying Positive Physicians otc stock market strength indicators, traders can identify Positive Physicians Holdings entry and exit signals to maximize returns.

Positive Physicians Risk Indicators

The analysis of Positive Physicians' 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 Positive Physicians' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Positive Physicians 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Positive Physicians 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.

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Please check Historical Fundamental Analysis of Positive Physicians to cross-verify your projections. Note that the Positive Physicians information on this page should be used as a complementary analysis to other Positive Physicians' 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Positive Physicians price analysis, check to measure Positive Physicians' 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 Positive Physicians is operating at the current time. Most of Positive Physicians' value examination focuses on studying past and present price action to predict the probability of Positive Physicians' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Positive Physicians' price. Additionally, you may evaluate how the addition of Positive Physicians to your portfolios can decrease your overall portfolio volatility.
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Is Positive Physicians' 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 Positive Physicians. If investors know Positive 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 Positive Physicians listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
31.6 M
Quarterly Revenue Growth YOY
-0.009
Return On Assets
-0.0125
Return On Equity
-0.0351
The market value of Positive Physicians is measured differently than its book value, which is the value of Positive that is recorded on the company's balance sheet. Investors also form their own opinion of Positive Physicians' value that differs from its market value or its book value, called intrinsic value, which is Positive Physicians' 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 Positive Physicians' market value can be influenced by many factors that don't directly affect Positive Physicians' 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 Positive Physicians' value and its price as these two are different measures arrived at by different means. Investors typically determine Positive Physicians value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Positive Physicians' 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.