Regenerx Biopharm OTC Stock Forecast - Polynomial Regression

RGRXDelisted Stock  USD 0.03  0.01  25.00%   
The Polynomial Regression forecasted value of Regenerx Biopharm In on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.38. Regenerx OTC Stock Forecast is based on your current time horizon.
  
Regenerx Biopharm polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Regenerx Biopharm In as well as the accuracy indicators are determined from the period prices.

Regenerx Biopharm Polynomial Regression Price Forecast For the 13th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Regenerx Biopharm In on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000065, and the sum of the absolute errors of 0.38.
Please note that although there have been many attempts to predict Regenerx 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 Regenerx Biopharm's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Regenerx Biopharm OTC Stock Forecast Pattern

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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 Regenerx Biopharm otc stock data series using in forecasting. Note that when a statistical model is used to represent Regenerx Biopharm 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 Criteria108.4639
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0062
MAPEMean absolute percentage error0.1551
SAESum of the absolute errors0.3769
A single variable polynomial regression model attempts to put a curve through the Regenerx Biopharm historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Regenerx Biopharm

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Regenerx Biopharm. 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.
Hype
Prediction
LowEstimatedHigh
0.030.030.04
Details
Intrinsic
Valuation
LowRealHigh
0.030.030.04
Details

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 Risk & Return  Correlation

Regenerx Biopharm Market Strength Events

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

Regenerx Biopharm Risk Indicators

The analysis of Regenerx Biopharm's 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 Regenerx Biopharm's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting regenerx 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Equity Center 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Other Consideration for investing in Regenerx OTC Stock

If you are still planning to invest in Regenerx Biopharm 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 Regenerx Biopharm's history and understand the potential risks before investing.
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