Owens Minor Stock Forecast - Simple Moving Average
| OMIDelisted Stock | USD 2.80 0.06 2.19% |
The Simple Moving Average forecasted value of Owens Minor on the next trading day is expected to be 2.80 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.13. Owens Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Owens Minor's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 6th of January 2026, the relative strength index (RSI) of Owens Minor's share price is approaching 31. This indicates that the stock 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 Owens Minor, making its price go up or down. Momentum 31
Sell Stretched
Oversold | Overbought |
Using Owens Minor hype-based prediction, you can estimate the value of Owens Minor from the perspective of Owens Minor response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Owens Minor on the next trading day is expected to be 2.80 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.13. Owens Minor after-hype prediction price | USD 2.64 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Owens |
Owens Minor Additional Predictive Modules
Most predictive techniques to examine Owens price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Owens using various technical indicators. When you analyze Owens 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 |
Owens Minor Simple Moving Average Price Forecast For the 7th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Owens Minor on the next trading day is expected to be 2.80 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.06, and the sum of the absolute errors of 9.13.Please note that although there have been many attempts to predict Owens Stock 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 Owens Minor's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Owens Minor Stock Forecast Pattern
| Backtest Owens Minor | Owens Minor Price Prediction | Buy or Sell Advice |
Owens Minor Forecasted Value
In the context of forecasting Owens Minor's Stock 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. Owens Minor's downside and upside margins for the forecasting period are 0.03 and 7.49, respectively. We have considered Owens Minor'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Owens Minor stock data series using in forecasting. Note that when a statistical model is used to represent Owens Minor 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 | 111.6566 |
| Bias | Arithmetic mean of the errors | 0.0492 |
| MAD | Mean absolute deviation | 0.1547 |
| MAPE | Mean absolute percentage error | 0.0443 |
| SAE | Sum of the absolute errors | 9.13 |
Predictive Modules for Owens Minor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Owens Minor. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Other Forecasting Options for Owens Minor
For every potential investor in Owens, whether a beginner or expert, Owens Minor's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Owens Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Owens. Basic forecasting techniques help filter out the noise by identifying Owens Minor's price trends.Owens Minor 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 Owens Minor stock to make a market-neutral strategy. Peer analysis of Owens Minor could also be used in its relative valuation, which is a method of valuing Owens Minor by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Owens Minor Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Owens Minor'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 Owens Minor's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Owens Minor Market Strength Events
Market strength indicators help investors to evaluate how Owens Minor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Owens Minor shares will generate the highest return on investment. By undertsting and applying Owens Minor stock market strength indicators, traders can identify Owens Minor entry and exit signals to maximize returns.
Owens Minor Risk Indicators
The analysis of Owens Minor'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 Owens Minor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting owens stock 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 | 3.2 | |||
| Standard Deviation | 4.57 | |||
| Variance | 20.92 |
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.
Currently Active Assets on Macroaxis
Check out Historical Fundamental Analysis of Owens Minor to cross-verify your projections. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Owens Stock
If you are still planning to invest in Owens Minor check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Owens Minor's history and understand the potential risks before investing.
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