OptimumBank Holdings Stock Forward View - Simple Regression
| OPHC Stock | USD 5.10 -0.16 -3.04% |
OptimumBank Holdings's Simple Regression reference page covers the model's projected value and error measures derived from recent price data. This information is intended as reference material for analytical purposes.
The Simple Regression forecasted value of OptimumBank Holdings on the next trading day is expected to be 5.56 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.17.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 OptimumBank Holdings historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. The forecast reference data presented here for OptimumBank Holdings reflects Simple Regression model output and is intended as reference material for analytical use. Simple Regression Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Regression forecasted value of OptimumBank Holdings on the next trading day is expected to be 5.56 with a mean absolute deviation of 0.15 , mean absolute percentage error of 0.03 , and the sum of the absolute errors of 9.17 .Please note that although there have been many attempts to predict OptimumBank Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that OptimumBank Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
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Forecasted Value
The next-day forecast for OptimumBank Holdings focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 3.53 and upside around 7.60 for the forecasting period.
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 OptimumBank Holdings stock data series using in forecasting. Note that when a statistical model is used to represent OptimumBank Holdings 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.| AIC | Akaike Information Criteria | 114.6443 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1503 |
| MAPE | Mean absolute percentage error | 0.0306 |
| SAE | Sum of the absolute errors | 9.1656 |
Other Forecasting Options for OptimumBank Holdings
Investors evaluating OptimumBank at any level of experience must contend with the challenge of understanding OptimumBank Holdings' price movement. The presence of noise in OptimumBank Stock price charts can significantly complicate investment decisions.OptimumBank Holdings Related Equities
The following equities are related to OptimumBank Holdings within the Financials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing OptimumBank Holdings against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
OptimumBank Holdings Market Strength Events
For investors tracking OptimumBank Holdings, market strength indicators offer a quantitative way to evaluate how the stock behaves under varying market conditions. These metrics are widely used to refine market timing and identify the most favorable moments to trade OptimumBank Holdings.
OptimumBank Holdings Risk Indicators
Analyzing OptimumBank Holdings' basic risk indicators provides investors with a structured view of the risk-return trade-off associated with optimumbank stock. Forecasting OptimumBank Holdings' future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 1.35 | |||
| Semi Deviation | 1.24 | |||
| Standard Deviation | 2.0 | |||
| Variance | 3.99 | |||
| Downside Variance | 2.74 | |||
| Semi Variance | 1.53 | |||
| Expected Short fall | -1.64 |
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 OptimumBank Holdings
The amount of media and story coverage tied to OptimumBank Holdings can signal where market attention is concentrating at the moment. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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OptimumBank Holdings Short Properties
Short-interest signals around OptimumBank Holdings can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 12.3 M | |
| Cash And Short Term Investments | 34.5 M |