Primemd Pink Sheet Forecast - 4 Period Moving Average
| PRMD Stock | USD 0.0005 0.00 0.00% |
The 4 Period Moving Average forecasted value of Primemd on the next trading day is expected to be 0.0005 with a mean absolute deviation of 0.00000877 and the sum of the absolute errors of 0.0005. Primemd Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Primemd stock prices and determine the direction of Primemd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Primemd's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time The relative strength index (RSI) of Primemd's share price is above 80 indicating that the pink sheet is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 100
Buy Peaked
Oversold | Overbought |
Using Primemd hype-based prediction, you can estimate the value of Primemd from the perspective of Primemd response to recently generated media hype and the effects of current headlines on its competitors.
The 4 Period Moving Average forecasted value of Primemd on the next trading day is expected to be 0.0005 with a mean absolute deviation of 0.00000877 and the sum of the absolute errors of 0.0005. Primemd after-hype prediction price | USD 5.29E-4 |
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.
Primemd |
Primemd Additional Predictive Modules
Most predictive techniques to examine Primemd price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Primemd using various technical indicators. When you analyze Primemd 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Primemd 4 Period Moving Average Price Forecast For the 23rd of January
Given 90 days horizon, the 4 Period Moving Average forecasted value of Primemd on the next trading day is expected to be 0.0005 with a mean absolute deviation of 0.00000877, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0005.Please note that although there have been many attempts to predict Primemd 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 Primemd's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Primemd Pink Sheet Forecast Pattern
| Backtest Primemd | Primemd Price Prediction | Buy or Sell Advice |
Primemd Forecasted Value
In the context of forecasting Primemd'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. Primemd's downside and upside margins for the forecasting period are 0.000005 and 8.40, respectively. We have considered Primemd'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Primemd pink sheet data series using in forecasting. Note that when a statistical model is used to represent Primemd 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.| AIC | Akaike Information Criteria | 90.3102 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0175 |
| SAE | Sum of the absolute errors | 5.0E-4 |
Predictive Modules for Primemd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Primemd. 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.Primemd After-Hype Price Prediction Density Analysis
As far as predicting the price of Primemd 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 Primemd 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 Primemd, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Primemd Estimiated After-Hype Price Volatility
In the context of predicting Primemd's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Primemd's historical news coverage. Primemd's after-hype downside and upside margins for the prediction period are 0.00 and 8.40, respectively. We have considered Primemd'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
Primemd is out of control at this time. Analysis and calculation of next after-hype price of Primemd is based on 3 months time horizon.
Primemd Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Primemd is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Primemd 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 Primemd, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.06 | 8.40 | 0.00 | 0.07 | 0 Events / Month | 1 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.0005 | 0.0005 | 5.70 |
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Primemd Hype Timeline
Primemd is at this time traded for 0.0005. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.07. Primemd is expected to increase in value after the next headline, with the price projected to jump to 5.29E-4 or above. The average volatility of media hype impact on the company the price is insignificant. The price growth on the next news is estimated to be 5.7%, whereas the daily expected return is at this time at 1.06%. The volatility of related hype on Primemd is about 13548.39%, with the expected price after the next announcement by competition of -0.07. Primemd currently holds about 435.5 K in cash with (90.82 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. Given the investment horizon of 90 days the next expected press release will be within a week. Check out Historical Fundamental Analysis of Primemd to cross-verify your projections.Primemd Related Hype Analysis
Having access to credible news sources related to Primemd's direct competition is more important than ever and may enhance your ability to predict Primemd's future price movements. Getting to know how Primemd'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 Primemd may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SXHHF | Sonomax Technologies | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BSSP | Bassline Productions | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 100.00 | |
| DECN | Decision Diagnostics | (0.31) | 3 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AMBS | Amarantus Bioscience Holdings | (0.31) | 3 per month | 0.00 | (0.19) | 0.00 | 0.00 | 100.00 | |
| IBXG | iBX Group | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| RGDXQ | Response Genetics | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| WIBFF | West Island Brands | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MEDD | Medical Imaging Corp | 0.00 | 0 per month | 0.00 | (0.14) | 0.00 | 0.00 | 100.00 | |
| ITMC | Itoco Inc | 0.00 | 0 per month | 0.00 | 0.06 | 0.00 | 0.00 | 150.00 | |
| ROTH | Pharmaroth Labs | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Primemd
For every potential investor in Primemd, whether a beginner or expert, Primemd's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Primemd Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Primemd. Basic forecasting techniques help filter out the noise by identifying Primemd's price trends.Primemd 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 Primemd pink sheet to make a market-neutral strategy. Peer analysis of Primemd could also be used in its relative valuation, which is a method of valuing Primemd by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Primemd Market Strength Events
Market strength indicators help investors to evaluate how Primemd 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 Primemd shares will generate the highest return on investment. By undertsting and applying Primemd pink sheet market strength indicators, traders can identify Primemd entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 5.0E-4 | |||
| Day Typical Price | 5.0E-4 | |||
| Relative Strength Index | 100.0 |
Primemd Risk Indicators
The analysis of Primemd'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 Primemd's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting primemd 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.
| Mean Deviation | 2.08 | |||
| Standard Deviation | 8.4 | |||
| Variance | 70.55 |
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 Primemd
The number of cover stories for Primemd depends on current market conditions and Primemd's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Primemd 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 Primemd's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Primemd Pink Sheet
Primemd financial ratios help investors to determine whether Primemd Pink Sheet 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 Primemd with respect to the benefits of owning Primemd security.