ICoreConnect Pink Sheet Forward View - Polynomial Regression

ICCT Stock  USD 0  0  50.00%   
ICoreConnect Pink Sheet outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of ICoreConnect's share price is approaching 42. This usually indicates that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling ICoreConnect, making its price go up or down.

Momentum 42

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of ICoreConnect's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with iCoreConnect Common stock, which may create opportunities for some arbitrage if properly timed.
Using ICoreConnect hype-based prediction, you can estimate the value of iCoreConnect Common stock from the perspective of ICoreConnect response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of iCoreConnect Common stock on the next trading day is expected to be -0.0001 with a mean absolute deviation of 0.0009 and the sum of the absolute errors of 0.05.

ICoreConnect after-hype prediction price

    
  USD 0.001082  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of ICoreConnect to cross-verify your projections.

ICoreConnect Additional Predictive Modules

Most predictive techniques to examine ICoreConnect price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ICoreConnect using various technical indicators. When you analyze ICoreConnect charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
ICoreConnect polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for iCoreConnect Common stock as well as the accuracy indicators are determined from the period prices.

ICoreConnect Polynomial Regression Price Forecast For the 2nd of February

Given 90 days horizon, the Polynomial Regression forecasted value of iCoreConnect Common stock on the next trading day is expected to be -0.0001 with a mean absolute deviation of 0.0009, mean absolute percentage error of 0.0000016, and the sum of the absolute errors of 0.05.
Please note that although there have been many attempts to predict ICoreConnect Pink Sheet 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 ICoreConnect's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ICoreConnect Pink Sheet Forecast Pattern

Backtest ICoreConnect  ICoreConnect Price Prediction  Buy or Sell Advice  

ICoreConnect Forecasted Value

In the context of forecasting ICoreConnect's Pink Sheet 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. ICoreConnect's downside and upside margins for the forecasting period are 0.00001 and 62.70, respectively. We have considered ICoreConnect'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
0.00001
Downside
-0.0001
Expected Value
62.70
Upside

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 ICoreConnect pink sheet data series using in forecasting. Note that when a statistical model is used to represent ICoreConnect 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.
AICAkaike Information Criteria104.7661
BiasArithmetic mean of the errors None
MADMean absolute deviation9.0E-4
MAPEMean absolute percentage error0.5114
SAESum of the absolute errors0.0542
A single variable polynomial regression model attempts to put a curve through the ICoreConnect 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 ICoreConnect

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as iCoreConnect Common stock. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ICoreConnect'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
0.00050.05
Details
Intrinsic
Valuation
LowRealHigh
0.000.000850.05
Details

ICoreConnect After-Hype Price Density Analysis

As far as predicting the price of ICoreConnect at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ICoreConnect or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of ICoreConnect, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ICoreConnect Estimiated After-Hype Price Volatility

In the context of predicting ICoreConnect's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ICoreConnect's historical news coverage. ICoreConnect's after-hype downside and upside margins for the prediction period are 0.00 and 50.05, respectively. We have considered ICoreConnect's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0
0
After-hype Price
50.05
Upside
ICoreConnect is out of control at this time. Analysis and calculation of next after-hype price of iCoreConnect Common stock is based on 3 months time horizon.

ICoreConnect Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as ICoreConnect is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ICoreConnect backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ICoreConnect, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  11.20 
62.70
  0.10 
  0.01 
21 Events / Month
5 Events / Month
In about 21 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0
0
8.20 
696,667  
Notes

ICoreConnect Hype Timeline

iCoreConnect Common stock is currently traded for 0. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of 0.01. ICoreConnect is forecasted to increase in value after the next headline, with the price projected to jump to 0.001082 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is estimated to be 8.2%, whereas the daily expected return is currently at 11.2%. The volatility of related hype on ICoreConnect is about 5405172.41%, with the expected price after the next announcement by competition of 0.01. The company has return on total asset (ROA) of (0.6989) % which means that it has lost $0.6989 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (17.1832) %, meaning that it created substantial loss on money invested by shareholders. ICoreConnect's management efficiency ratios could be used to measure how well ICoreConnect manages its routine affairs as well as how well it operates its assets and liabilities. Given the investment horizon of 90 days the next forecasted press release will be in about 21 days.
Check out Historical Fundamental Analysis of ICoreConnect to cross-verify your projections.

ICoreConnect Related Hype Analysis

Having access to credible news sources related to ICoreConnect's direct competition is more important than ever and may enhance your ability to predict ICoreConnect's future price movements. Getting to know how ICoreConnect's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ICoreConnect may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
OLMMOneLife Technologies Corp 0.00 4 per month 0.00  0.00  0.00  0.00  0.00 
EVLOEvelo Biosciences 0.01 15 per month 0.00  0.07  0.00 (20.00) 460.00 
HLTTHealthtech Solutions 0.00 9 per month 0.00  0.00  0.00  0.00  0.00 
INFIQInfinity Pharmaceuticals 0.00 8 per month 0.00  0.00  0.00  0.00  0.00 
ACNVAccelera Innovations 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
CGHCCptl Grp Hldngs 0.00 9 per month 0.00  0.00  0.00  0.00  0.00 
VIAPVia Pharmaceuticals 0.00 6 per month 0.00  0.00  0.00  0.00  0.00 
SECISector 10 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
TRVNTrevena 0.00 5 per month 0.00  0.11  0.00  0.00  1,000.00 
LFPILifePoint 0.00 18 per month 0.00  0.00  0.00  0.00  0.00 

Other Forecasting Options for ICoreConnect

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

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

ICoreConnect Market Strength Events

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

ICoreConnect Risk Indicators

The analysis of ICoreConnect'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 ICoreConnect's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting icoreconnect pink sheet 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.

Story Coverage note for ICoreConnect

The number of cover stories for ICoreConnect depends on current market conditions and ICoreConnect's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ICoreConnect is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ICoreConnect's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

ICoreConnect Short Properties

ICoreConnect's future price predictability will typically decrease when ICoreConnect's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of iCoreConnect Common stock often depends not only on the future outlook of the potential ICoreConnect's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ICoreConnect's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding7.3 M
Cash And Short Term Investments1.2 M

Additional Tools for ICoreConnect Pink Sheet Analysis

When running ICoreConnect's price analysis, check to measure ICoreConnect's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICoreConnect is operating at the current time. Most of ICoreConnect's value examination focuses on studying past and present price action to predict the probability of ICoreConnect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICoreConnect's price. Additionally, you may evaluate how the addition of ICoreConnect to your portfolios can decrease your overall portfolio volatility.