Overstockcom Stock Forecast - Simple Regression

OSTKDelisted Stock  USD 16.78  0.47  2.88%   
The Simple Regression forecasted value of Overstockcom on the next trading day is expected to be 12.30 with a mean absolute deviation of  1.89  and the sum of the absolute errors of 115.59. Overstockcom Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Overstockcom stock prices and determine the direction of Overstockcom's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Overstockcom's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
  
Most investors in Overstockcom 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 Overstockcom's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Overstockcom's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through Overstockcom 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.

Overstockcom Simple Regression Price Forecast For the 20th of April

Given 90 days horizon, the Simple Regression forecasted value of Overstockcom on the next trading day is expected to be 12.30 with a mean absolute deviation of 1.89, mean absolute percentage error of 5.15, and the sum of the absolute errors of 115.59.
Please note that although there have been many attempts to predict Overstockcom 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 Overstockcom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Overstockcom Stock Forecast Pattern

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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 Overstockcom stock data series using in forecasting. Note that when a statistical model is used to represent Overstockcom 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 Criteria119.7492
BiasArithmetic mean of the errors None
MADMean absolute deviation1.8949
MAPEMean absolute percentage error0.0999
SAESum of the absolute errors115.5867
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 Overstockcom 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 Overstockcom

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Overstockcom. Regardless of method or technology, however, to accurately forecast the stock 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, anticipate that the market will even out over time. This tendency of Overstockcom'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
16.7816.7816.78
Details
Intrinsic
Valuation
LowRealHigh
15.9415.9418.46
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.0118.1725.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Overstockcom. Your research has to be compared to or analyzed against Overstockcom's peers to derive any actionable benefits. When done correctly, Overstockcom's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Overstockcom.

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

Overstockcom Market Strength Events

Market strength indicators help investors to evaluate how Overstockcom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Overstockcom shares will generate the highest return on investment. By undertsting and applying Overstockcom stock market strength indicators, traders can identify Overstockcom entry and exit signals to maximize returns.

Overstockcom Risk Indicators

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

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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Other Consideration for investing in Overstockcom Stock

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