Athena Technology Pink Sheet Forecast - Simple Exponential Smoothing

ATEK Stock  USD 9.02  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of Athena Technology Acquisition on the next trading day is expected to be 9.02 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Athena Pink Sheet Forecast is based on your current time horizon.
As of now the relative strength index (rsi) of Athena Technology's share price is below 20 . This suggests that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Athena Technology's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Athena Technology Acquisition, which may create opportunities for some arbitrage if properly timed.
Using Athena Technology hype-based prediction, you can estimate the value of Athena Technology Acquisition from the perspective of Athena Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Athena Technology Acquisition on the next trading day is expected to be 9.02 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00.

Athena Technology after-hype prediction price

    
  USD 9.02  
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.
  
Check out Historical Fundamental Analysis of Athena Technology to cross-verify your projections.

Athena Technology Additional Predictive Modules

Most predictive techniques to examine Athena price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Athena using various technical indicators. When you analyze Athena 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.
Athena Technology simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Athena Technology Acquisition are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Athena Technology prices get older.

Athena Technology Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Athena Technology Acquisition on the next trading day is expected to be 9.02 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Athena 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 Athena Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Athena Technology Pink Sheet Forecast Pattern

Backtest Athena TechnologyAthena Technology Price PredictionBuy or Sell Advice 

Athena Technology Forecasted Value

In the context of forecasting Athena Technology'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. Athena Technology's downside and upside margins for the forecasting period are 9.02 and 9.02, respectively. We have considered Athena Technology'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.
Market Value
9.02
9.02
Expected Value
9.02
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Athena Technology pink sheet data series using in forecasting. Note that when a statistical model is used to represent Athena Technology 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.
AICAkaike Information Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This simple exponential smoothing model begins by setting Athena Technology Acquisition forecast for the second period equal to the observation of the first period. In other words, recent Athena Technology observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Athena Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Athena Technology. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Athena Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.029.029.02
Details
Intrinsic
Valuation
LowRealHigh
9.029.029.02
Details

Athena Technology After-Hype Price Prediction Density Analysis

As far as predicting the price of Athena Technology 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 Athena Technology 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 Athena Technology, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Athena Technology Estimiated After-Hype Price Volatility

In the context of predicting Athena Technology's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Athena Technology's historical news coverage. Athena Technology's after-hype downside and upside margins for the prediction period are 9.02 and 9.02, respectively. We have considered Athena Technology'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
9.02
9.02
After-hype Price
9.02
Upside
Athena Technology is very steady at this time. Analysis and calculation of next after-hype price of Athena Technology is based on 3 months time horizon.

Athena Technology Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Athena Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Athena Technology 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 Athena Technology, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.02
9.02
0.00 
0.00  
Notes

Athena Technology Hype Timeline

Athena Technology is presently traded for 9.02. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Athena 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 0.0%. %. The volatility of related hype on Athena Technology is about 0.0%, with the expected price after the next announcement by competition of 9.02. About 88.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.06. Athena Technology had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be very soon.
Check out Historical Fundamental Analysis of Athena Technology to cross-verify your projections.

Athena Technology Related Hype Analysis

Having access to credible news sources related to Athena Technology's direct competition is more important than ever and may enhance your ability to predict Athena Technology's future price movements. Getting to know how Athena Technology'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 Athena Technology may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CNDAConcord Acquisition Corp 2.90 4 per month 0.00  0.00  0.00  0.00  0.00 
IMAQInternational Media Acquisition 0.00 3 per month 0.00 (0.22) 0.00 (1.51) 7.25 
CMCACapitalworks Emerging Markets 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
WAYSWave Sync Corp 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
TCOATrajectory Alpha Acquisition 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
CMCAFComcast Uk Cable 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
IRRXIntegrated Rail and 2.90 1 per month 0.00  0.09  0.00  0.00  130.00 
CNGLCanna Global Acquisition 0.00 2 per month 0.00 (0.09) 0.00  0.00  24.58 
ABITAthena Bitcoin Global 0.00 0 per month 0.00 (0.12) 16.67 (16.67) 48.57 

Other Forecasting Options for Athena Technology

For every potential investor in Athena, whether a beginner or expert, Athena Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Athena Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Athena. Basic forecasting techniques help filter out the noise by identifying Athena Technology's price trends.

Athena Technology 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 Athena Technology pink sheet to make a market-neutral strategy. Peer analysis of Athena Technology could also be used in its relative valuation, which is a method of valuing Athena Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Athena Technology Market Strength Events

Market strength indicators help investors to evaluate how Athena Technology 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 Athena Technology shares will generate the highest return on investment. By undertsting and applying Athena Technology pink sheet market strength indicators, traders can identify Athena Technology Acquisition entry and exit signals to maximize returns.

Story Coverage note for Athena Technology

The number of cover stories for Athena Technology depends on current market conditions and Athena Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Athena Technology 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 Athena Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Information on Investing in Athena Pink Sheet

Athena Technology financial ratios help investors to determine whether Athena Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Athena with respect to the benefits of owning Athena Technology security.