Biotron Pink Sheet Forecast - Naive Prediction

A naive forecasting model for Biotron is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Biotron Limited 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.

Biotron Naive Prediction Price Forecast For the 25th of April

Given 90 days horizon, the Naive Prediction forecasted value of Biotron Limited on the next trading day is expected to be 0.05 with a mean absolute deviation of 0, mean absolute percentage error of 0.00001, and the sum of the absolute errors of 0.16.

Biotron Pink Sheet Forecast Pattern

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Biotron Price Prediction

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Biotron Forecasted Value

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 Biotron pink sheet data series using in forecasting. Note that when a statistical model is used to represent Biotron pink sheet, 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. This model is not at all useful as a medium-long range forecasting tool of Biotron Limited. 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 Biotron. 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 Biotron

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Biotron Limited. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Low Estimated High 0.00 0.06 5.37 Details

Intrinsic Valuation Low Real High 0.00 0.05 5.36 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Biotron. Your research has to be compared to or analyzed against Biotron's peers to derive any actionable benefits. When done correctly, Biotron'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 Biotron Limited.

Other Forecasting Options for Biotron

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

Biotron Related Equities

Risk & Return

Correlation

Biotron Limited Technical and Predictive Analytics

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

Biotron Market Strength Events

Biotron Risk Indicators

Pair Trading with Biotron

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 Biotron 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 Biotron will appreciate offsetting losses from the drop in the long position's value.

Complementary Tools for Biotron Pink Sheet analysis

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Biotron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biotron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biotron's 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.