Vycor Medical OTC Stock Forecast - Simple Regression

VYCO Stock  USD 0.07  0.0009  1.30%   
The Simple Regression forecasted value of Vycor Medical on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.33. Vycor OTC Stock Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Vycor Medical price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Vycor Medical Simple Regression Price Forecast For the 21st of December

Given 90 days horizon, the Simple Regression forecasted value of Vycor Medical on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000077, and the sum of the absolute errors of 0.33.
Please note that although there have been many attempts to predict Vycor 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 Vycor Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Vycor Medical OTC Stock Forecast Pattern

Backtest Vycor MedicalVycor Medical Price PredictionBuy or Sell Advice 

Vycor Medical Forecasted Value

In the context of forecasting Vycor Medical'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. Vycor Medical's downside and upside margins for the forecasting period are 0.0007 and 12.18, respectively. We have considered Vycor Medical'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
0.07
0.0007
Downside
0.08
Expected Value
12.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Vycor Medical otc stock data series using in forecasting. Note that when a statistical model is used to represent Vycor Medical 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 Criteria108.634
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0055
MAPEMean absolute percentage error0.0726
SAESum of the absolute errors0.335
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Vycor Medical historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Vycor Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vycor Medical. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vycor Medical'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.
Hype
Prediction
LowEstimatedHigh
0.000.0712.17
Details
Intrinsic
Valuation
LowRealHigh
0.000.0612.16
Details

Other Forecasting Options for Vycor Medical

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

Vycor Medical 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 Vycor Medical otc stock to make a market-neutral strategy. Peer analysis of Vycor Medical could also be used in its relative valuation, which is a method of valuing Vycor Medical by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Vycor Medical Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Vycor Medical'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 Vycor Medical's current price.

Vycor Medical Market Strength Events

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

Vycor Medical Risk Indicators

The analysis of Vycor Medical'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 Vycor Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vycor 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.

Pair Trading with Vycor Medical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vycor Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vycor Medical will appreciate offsetting losses from the drop in the long position's value.

Moving against Vycor OTC Stock

  0.48BA Boeing Fiscal Year End 29th of January 2025 PairCorr
The ability to find closely correlated positions to Vycor Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vycor Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vycor Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vycor Medical to buy it.
The correlation of Vycor Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vycor Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vycor Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vycor Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Vycor OTC Stock

Vycor Medical financial ratios help investors to determine whether Vycor OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vycor with respect to the benefits of owning Vycor Medical security.