Ensurge Micropower Stock Forecast - Naive Prediction
| 0JI9 Stock | 0.77 0.01 1.28% |
The Naive Prediction forecasted value of Ensurge Micropower ASA on the next trading day is expected to be 0.77 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.40. Ensurge Stock Forecast is based on your current time horizon.
At the present time, the value of RSI of Ensurge Micropower's share price is approaching 33. This suggests 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 Ensurge Micropower, making its price go up or down. Momentum 33
Sell Stretched
Oversold | Overbought |
Using Ensurge Micropower hype-based prediction, you can estimate the value of Ensurge Micropower ASA from the perspective of Ensurge Micropower response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Ensurge Micropower ASA on the next trading day is expected to be 0.77 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.40. Ensurge Micropower after-hype prediction price | NOK 0.77 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Ensurge |
Ensurge Micropower Additional Predictive Modules
Most predictive techniques to examine Ensurge price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ensurge using various technical indicators. When you analyze Ensurge 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 |
Ensurge Micropower Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of Ensurge Micropower ASA on the next trading day is expected to be 0.77 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.001, and the sum of the absolute errors of 1.40.Please note that although there have been many attempts to predict Ensurge 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 Ensurge Micropower's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Ensurge Micropower Stock Forecast Pattern
| Backtest Ensurge Micropower | Ensurge Micropower Price Prediction | Buy or Sell Advice |
Ensurge Micropower Forecasted Value
In the context of forecasting Ensurge Micropower'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. Ensurge Micropower's downside and upside margins for the forecasting period are 0.01 and 3.95, respectively. We have considered Ensurge Micropower'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Ensurge Micropower stock data series using in forecasting. Note that when a statistical model is used to represent Ensurge Micropower 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 | 111.2014 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0229 |
| MAPE | Mean absolute percentage error | 0.0256 |
| SAE | Sum of the absolute errors | 1.3987 |
Predictive Modules for Ensurge Micropower
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ensurge Micropower ASA. 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.Ensurge Micropower After-Hype Price Prediction Density Analysis
As far as predicting the price of Ensurge Micropower 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 Ensurge Micropower 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 Stock prices, such as prices of Ensurge Micropower, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Ensurge Micropower Estimiated After-Hype Price Volatility
In the context of predicting Ensurge Micropower's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ensurge Micropower's historical news coverage. Ensurge Micropower's after-hype downside and upside margins for the prediction period are 0.04 and 3.95, respectively. We have considered Ensurge Micropower'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
Ensurge Micropower is extremely dangerous at this time. Analysis and calculation of next after-hype price of Ensurge Micropower ASA is based on 3 months time horizon.
Ensurge Micropower Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Ensurge Micropower is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ensurge Micropower 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 Stock 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 Ensurge Micropower, 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 |
0.48 | 3.18 | 0.00 | 12.88 | 0 Events / Month | 2 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.77 | 0.77 | 0.00 |
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Ensurge Micropower Hype Timeline
Ensurge Micropower ASA is presently traded for 0.77on London Exchange of UK. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -12.88. Ensurge is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is presently at -0.48%. %. The volatility of related hype on Ensurge Micropower is about 11.85%, with the expected price after the next announcement by competition of -12.11. About 14.0% of the company shares are owned by insiders or employees . The company recorded a loss per share of 1.86. Ensurge Micropower ASA had not issued any dividends in recent years. The entity had 0.2:1 split on the 5th of April 2024. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Ensurge Micropower to cross-verify your projections.Ensurge Micropower Related Hype Analysis
Having access to credible news sources related to Ensurge Micropower's direct competition is more important than ever and may enhance your ability to predict Ensurge Micropower's future price movements. Getting to know how Ensurge Micropower'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 Ensurge Micropower may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SBDS | Silver Bullet Data | 0.00 | 7 per month | 0.00 | (0.06) | 7.89 | (7.14) | 20.98 | |
| CAML | Central Asia Metals | 3.60 | 8 per month | 1.07 | 0.23 | 2.65 | (2.19) | 7.14 | |
| 0RQ9 | Lundin Mining Corp | 1.50 | 8 per month | 2.77 | 0.16 | 5.80 | (3.75) | 16.47 | |
| 0E3C | Datalogic | 0.11 | 3 per month | 0.00 | (0.18) | 1.41 | (1.95) | 6.23 | |
| RDT | Rosslyn Data Technologies | 0.00 | 7 per month | 0.00 | (0.17) | 0.00 | 0.00 | 4.62 | |
| WPM | Wheaton Precious Metals | (220.00) | 9 per month | 2.94 | 0.13 | 5.43 | (5.28) | 13.54 | |
| ATM | AfriTin Mining | 0.60 | 2 per month | 2.89 | 0.11 | 7.19 | (5.00) | 25.05 | |
| MTL | Metals Exploration Plc | (0.55) | 5 per month | 2.84 | 0.07 | 6.15 | (5.06) | 17.89 |
Other Forecasting Options for Ensurge Micropower
For every potential investor in Ensurge, whether a beginner or expert, Ensurge Micropower's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ensurge Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ensurge. Basic forecasting techniques help filter out the noise by identifying Ensurge Micropower's price trends.Ensurge Micropower 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 Ensurge Micropower stock to make a market-neutral strategy. Peer analysis of Ensurge Micropower could also be used in its relative valuation, which is a method of valuing Ensurge Micropower by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ensurge Micropower Market Strength Events
Market strength indicators help investors to evaluate how Ensurge Micropower stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ensurge Micropower shares will generate the highest return on investment. By undertsting and applying Ensurge Micropower stock market strength indicators, traders can identify Ensurge Micropower ASA entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 0.77 | |||
| Day Typical Price | 0.77 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 33.9 |
Ensurge Micropower Risk Indicators
The analysis of Ensurge Micropower'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 Ensurge Micropower's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ensurge 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 | 2.01 | |||
| Standard Deviation | 3.18 | |||
| Variance | 10.12 |
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 Ensurge Micropower
The number of cover stories for Ensurge Micropower depends on current market conditions and Ensurge Micropower's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ensurge Micropower 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 Ensurge Micropower'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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Ensurge Micropower Short Properties
Ensurge Micropower's future price predictability will typically decrease when Ensurge Micropower's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ensurge Micropower ASA often depends not only on the future outlook of the potential Ensurge Micropower'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. Ensurge Micropower's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 602.6 M | |
| Cash And Short Term Investments | 2.5 M |
Additional Tools for Ensurge Stock Analysis
When running Ensurge Micropower's price analysis, check to measure Ensurge Micropower'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 Ensurge Micropower is operating at the current time. Most of Ensurge Micropower's value examination focuses on studying past and present price action to predict the probability of Ensurge Micropower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensurge Micropower's price. Additionally, you may evaluate how the addition of Ensurge Micropower to your portfolios can decrease your overall portfolio volatility.