Cipher Pharmaceuticals OTC Stock Forecast - Naive Prediction
| CPHRFDelisted Stock | USD 2.57 0.00 0.00% |
The Naive Prediction forecasted value of Cipher Pharmaceuticals on the next trading day is expected to be 2.63 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 6.81. Cipher OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Cipher Pharmaceuticals' historical fundamentals, such as revenue growth or operating cash flow patterns.
Cipher |
Cipher Pharmaceuticals Naive Prediction Price Forecast For the 14th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of Cipher Pharmaceuticals on the next trading day is expected to be 2.63 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.13, and the sum of the absolute errors of 6.81.Please note that although there have been many attempts to predict Cipher 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 Cipher Pharmaceuticals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Cipher Pharmaceuticals OTC Stock Forecast Pattern
| Backtest Cipher Pharmaceuticals | Cipher Pharmaceuticals 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 Cipher Pharmaceuticals otc stock data series using in forecasting. Note that when a statistical model is used to represent Cipher Pharmaceuticals 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 | 97.6594 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1335 |
| MAPE | Mean absolute percentage error | 0.0408 |
| SAE | Sum of the absolute errors | 6.8105 |
Predictive Modules for Cipher Pharmaceuticals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cipher Pharmaceuticals. 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.Cipher Pharmaceuticals 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 Cipher Pharmaceuticals otc stock to make a market-neutral strategy. Peer analysis of Cipher Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Cipher Pharmaceuticals by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cipher Pharmaceuticals Market Strength Events
Market strength indicators help investors to evaluate how Cipher Pharmaceuticals 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 Cipher Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Cipher Pharmaceuticals otc stock market strength indicators, traders can identify Cipher Pharmaceuticals entry and exit signals to maximize returns.
Cipher Pharmaceuticals Risk Indicators
The analysis of Cipher Pharmaceuticals' 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 Cipher Pharmaceuticals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cipher 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 | 4.43 | |||
| Semi Deviation | 7.83 | |||
| Standard Deviation | 14.23 | |||
| Variance | 202.62 | |||
| Downside Variance | 121.02 | |||
| Semi Variance | 61.3 | |||
| Expected Short fall | (6.87) |
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.
Currently Active Assets on Macroaxis
Check out Trending Equities 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 metropolitan statistical area. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Cipher OTC Stock
If you are still planning to invest in Cipher Pharmaceuticals 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 Cipher Pharmaceuticals' history and understand the potential risks before investing.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |