Orient Overseas Pink Sheet Forward View - Simple Moving Average
| OROVF Stock | USD 16.55 0.00 0.00% |
This reference view applies Simple Moving Average to Orient Overseas Limited's historical closing prices. Orient Overseas Limited's Simple Moving Average reference page summarizes the forecasted price and model accuracy metrics from daily trading data.
The Simple Moving Average forecasted value of Orient Overseas Limited on the next trading day is expected to be 16.55 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.70.The simple moving average model is conceptually a linear regression of the current value of Orient Overseas Limited price series against current and previous (unobserved) value of Orient Overseas. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future All forecast values on this page for Orient Overseas Limited are Simple Moving Average reference data derived from historical price series. Simple Moving Average Price Forecast For the 24th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Orient Overseas Limited on the next trading day is expected to be 16.55 with a mean absolute deviation of 0.03 , mean absolute percentage error of 0.02 , and the sum of the absolute errors of 1.70 .Please note that although there have been many attempts to predict Orient Pink Sheet 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 Orient Overseas' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
| Backtest Orient Overseas | Orient Overseas Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates Orient Overseas' predictive range by looking for statistically meaningful downside and upside boundaries. The current forecast range spans downside near 15.96 and upside near 17.14.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Orient Overseas pink sheet data series using in forecasting. Note that when a statistical model is used to represent Orient Overseas 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 | 110.4999 |
| Bias | Arithmetic mean of the errors | 0.0287 |
| MAD | Mean absolute deviation | 0.0287 |
| MAPE | Mean absolute percentage error | 0.0017 |
| SAE | Sum of the absolute errors | 1.695 |
Other Forecasting Options for Orient Overseas
Volume-weighted price analysis for Orient Pink Sheet gives heavier weight to price levels where trading activity was highest. Crossovers in the MACD line and signal line can identify shifts in Orient momentum before they appear in raw price.Orient Overseas Related Equities
The peer firms below can help frame Orient Overseas' pricing and running costs in context. Revenue and margin checks across this group help investors set expectations for Orient Overseas' results. Peer review is most useful when paired with absolute pricing and trend checks.
| Risk & Return | Correlation |
Orient Overseas Market Strength Events
Evaluating the market strength of Orient Overseas pink sheet allows investors to gauge shifts in market momentum. By monitoring these indicators, investors can identify the most opportune moments to trade Orient Overseas Limited.
Orient Overseas Risk Indicators
Understanding Orient Overseas' risk indicators is essential for any investor seeking to forecast its future price accurately. By identifying how much risk is embedded in Orient Overseas' investment, investors can decide how to position their exposure.
| Mean Deviation | 0.1907 | |||
| Standard Deviation | 0.579 | |||
| Variance | 0.3352 |
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 Orient Overseas
The amount of media and story coverage tied to Orient Overseas Limited can signal where market attention is concentrating at the moment. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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Other Information on Investing in Orient Pink Sheet
Financial ratios highlight how financial values interact within Orient Overseas. Together, they show how profit and cash flow relate to valuation.