Atea ASA Pink Sheet Forecast - Polynomial Regression
| ATEAY Stock | USD 8.38 0.16 1.95% |
Atea Pink Sheet outlook is based on your current time horizon.
The relative strength index (RSI) of Atea ASA's pink sheet price is slightly above 61. This suggests that the pink sheet is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Atea, making its price go up or down. Momentum 61
Buy Extended
Oversold | Overbought |
Using Atea ASA hype-based prediction, you can estimate the value of Atea ASA from the perspective of Atea ASA response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Atea ASA on the next trading day is expected to be 7.82 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 14.19. Atea ASA after-hype prediction price | USD 8.38 |
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.
Atea |
Atea ASA Additional Predictive Modules
Most predictive techniques to examine Atea price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Atea using various technical indicators. When you analyze Atea 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Atea ASA Polynomial Regression Price Forecast For the 30th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Atea ASA on the next trading day is expected to be 7.82 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.08, and the sum of the absolute errors of 14.19.Please note that although there have been many attempts to predict Atea 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 Atea ASA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Atea ASA Pink Sheet Forecast Pattern
| Backtest Atea ASA | Atea ASA Price Prediction | Buy or Sell Advice |
Atea ASA Forecasted Value
In the context of forecasting Atea ASA'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. Atea ASA's downside and upside margins for the forecasting period are 5.80 and 9.83, respectively. We have considered Atea ASA'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Atea ASA pink sheet data series using in forecasting. Note that when a statistical model is used to represent Atea ASA 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 | 115.534 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2326 |
| MAPE | Mean absolute percentage error | 0.0299 |
| SAE | Sum of the absolute errors | 14.1876 |
Predictive Modules for Atea ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atea ASA. 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.Atea ASA After-Hype Price Density Analysis
As far as predicting the price of Atea ASA 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 Atea ASA 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 Atea ASA, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Atea ASA Estimiated After-Hype Price Volatility
In the context of predicting Atea ASA's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Atea ASA's historical news coverage. Atea ASA's after-hype downside and upside margins for the prediction period are 6.38 and 10.38, respectively. We have considered Atea ASA'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
Atea ASA is not too volatile at this time. Analysis and calculation of next after-hype price of Atea ASA is based on 3 months time horizon.
Atea ASA Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Atea ASA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Atea ASA 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 Atea ASA, 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 |
0.16 | 2.02 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
8.38 | 8.38 | 0.00 |
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Atea ASA Hype Timeline
Atea ASA is presently traded for 8.38. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Atea is forecasted 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 forecasted to be very small, whereas the daily expected return is presently at 0.16%. %. The volatility of related hype on Atea ASA is about 0.0%, with the expected price after the next announcement by competition of 8.38. The book value of the company was presently reported as 16.98. The company last dividend was issued on the 15th of November 2022. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Atea ASA to cross-verify your projections.Atea ASA Related Hype Analysis
Having access to credible news sources related to Atea ASA's direct competition is more important than ever and may enhance your ability to predict Atea ASA's future price movements. Getting to know how Atea ASA'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 Atea ASA may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CFTLF | ChinaSoft International | 0.00 | 0 per month | 0.00 | (0.17) | 0.00 | (2.86) | 8.11 | |
| HLTEF | Hilan | 0.00 | 0 per month | 0.00 | (0.24) | 0.00 | 0.00 | 5.07 | |
| AITUY | Anritsu | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ULPRF | ULS Group | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ASAAF | AT S Austria | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 39.51 | |
| DLGEF | Digital Garage | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AEXAF | Atos SE | 0.00 | 0 per month | 0.00 | 0 | 0.00 | 0.00 | 24.80 | |
| TMVWF | TeamViewer AG | 0.00 | 0 per month | 0.00 | (0.17) | 0.00 | (2.42) | 22.70 | |
| QTGPF | Qt Group Oyj | 0.00 | 0 per month | 0.00 | (0.17) | 0.00 | (0.72) | 17.14 | |
| SLOIY | Soitec SA ADR | 0.00 | 0 per month | 0.00 | (0.12) | 0.00 | 0.00 | 43.28 |
Other Forecasting Options for Atea ASA
For every potential investor in Atea, whether a beginner or expert, Atea ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Atea Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Atea. Basic forecasting techniques help filter out the noise by identifying Atea ASA's price trends.Atea ASA 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 Atea ASA pink sheet to make a market-neutral strategy. Peer analysis of Atea ASA could also be used in its relative valuation, which is a method of valuing Atea ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Atea ASA Market Strength Events
Market strength indicators help investors to evaluate how Atea ASA 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 Atea ASA shares will generate the highest return on investment. By undertsting and applying Atea ASA pink sheet market strength indicators, traders can identify Atea ASA entry and exit signals to maximize returns.
Atea ASA Risk Indicators
The analysis of Atea ASA'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 Atea ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting atea 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 | 1.09 | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.28 |
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 Atea ASA
The number of cover stories for Atea ASA depends on current market conditions and Atea ASA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Atea ASA 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 Atea ASA'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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Additional Tools for Atea Pink Sheet Analysis
When running Atea ASA's price analysis, check to measure Atea ASA'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 Atea ASA is operating at the current time. Most of Atea ASA's value examination focuses on studying past and present price action to predict the probability of Atea ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atea ASA's price. Additionally, you may evaluate how the addition of Atea ASA to your portfolios can decrease your overall portfolio volatility.