Prestige Wealth Stock Forecast - Simple Regression
| AURE Stock | 0.30 0.01 3.45% |
Prestige Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Prestige Wealth stock prices and determine the direction of Prestige Wealth's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Prestige Wealth's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the relative strength index (RSI) of Prestige Wealth's share price is approaching 43. 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 Prestige Wealth, making its price go up or down. Momentum 43
Sell Extended
Oversold | Overbought |
Quarterly Revenue Growth (1.00) |
Using Prestige Wealth hype-based prediction, you can estimate the value of Prestige Wealth from the perspective of Prestige Wealth response to recently generated media hype and the effects of current headlines on its competitors.
Prestige Relative Strength Index
The Simple Regression forecasted value of Prestige Wealth on the next trading day is expected to be 0.27 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.20.Prestige Wealth Hype to Price Pattern
Investor biases related to Prestige Wealth's public news can be used to forecast risks associated with an investment in Prestige. The trend in average sentiment can be used to explain how an investor holding Prestige can time the market purely based on public headlines and social activities around Prestige Wealth. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Prestige Wealth's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Prestige Wealth.
The Simple Regression forecasted value of Prestige Wealth on the next trading day is expected to be 0.27 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.20. Prestige Wealth after-hype prediction price | USD 0.3 |
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.
Check out Historical Fundamental Analysis of Prestige Wealth to cross-verify your projections. Prestige Wealth Additional Predictive Modules
Most predictive techniques to examine Prestige price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Prestige using various technical indicators. When you analyze Prestige 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 |
Prestige Wealth Simple Regression Price Forecast For the 28th of January
Given 90 days horizon, the Simple Regression forecasted value of Prestige Wealth on the next trading day is expected to be 0.27 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 3.20.Please note that although there have been many attempts to predict Prestige 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 Prestige Wealth's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Prestige Wealth Stock Forecast Pattern
| Backtest Prestige Wealth | Prestige Wealth Price Prediction | Buy or Sell Advice |
Prestige Wealth Forecasted Value
In the context of forecasting Prestige Wealth'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. Prestige Wealth's downside and upside margins for the forecasting period are 0 and 6.93, respectively. We have considered Prestige Wealth'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 Regression forecasting method's relative quality and the estimations of the prediction error of Prestige Wealth stock data series using in forecasting. Note that when a statistical model is used to represent Prestige Wealth 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 | 114.2716 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0516 |
| MAPE | Mean absolute percentage error | 0.1322 |
| SAE | Sum of the absolute errors | 3.2011 |
Predictive Modules for Prestige Wealth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prestige Wealth. 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.Prestige Wealth After-Hype Price Density Analysis
As far as predicting the price of Prestige Wealth 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 Prestige Wealth 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 Prestige Wealth, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Prestige Wealth Estimiated After-Hype Price Volatility
In the context of predicting Prestige Wealth's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Prestige Wealth's historical news coverage. Prestige Wealth's after-hype downside and upside margins for the prediction period are 0.02 and 7.03, respectively. We have considered Prestige Wealth'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
Prestige Wealth is out of control at this time. Analysis and calculation of next after-hype price of Prestige Wealth is based on 3 months time horizon.
Prestige Wealth Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Prestige Wealth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Prestige Wealth 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 Prestige Wealth, 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 |
0.34 | 6.65 | 0.00 | 0.49 | 13 Events / Month | 3 Events / Month | In about 13 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.30 | 0.30 | 0.00 |
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Prestige Wealth Hype Timeline
Prestige Wealth is presently traded for 0.30. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.49. Prestige 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 over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is presently at -0.34%. %. The volatility of related hype on Prestige Wealth is about 457.72%, with the expected price after the next announcement by competition of 0.79. The book value of the company was presently reported as 0.34. The company recorded a loss per share of 0.75. Prestige Wealth had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be in about 13 days. Check out Historical Fundamental Analysis of Prestige Wealth to cross-verify your projections.Prestige Wealth Related Hype Analysis
Having access to credible news sources related to Prestige Wealth's direct competition is more important than ever and may enhance your ability to predict Prestige Wealth's future price movements. Getting to know how Prestige Wealth'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 Prestige Wealth may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GSIW | Garden Stage Limited | 10.44 | 6 per month | 3.69 | (0.02) | 7.69 | (7.14) | 19.17 | |
| ATON | AlphaTON Capital Corp | (0.25) | 11 per month | 0.00 | (0.24) | 22.67 | (16.67) | 72.09 | |
| KOYN | CSLM Digital Asset | (0.01) | 2 per month | 0.09 | (0.49) | 0.20 | (0.20) | 1.10 | |
| WTG | Wintergreen Acquisition Corp | 0.01 | 3 per month | 0.00 | (0.63) | 0.30 | (0.10) | 0.59 | |
| MEGL | Magic Empire Global | (0.01) | 5 per month | 0.00 | (0.05) | 5.56 | (6.57) | 26.79 | |
| AIFU | Fanhua Inc | (0.08) | 1 per month | 0.00 | (0.10) | 10.66 | (13.15) | 34.07 | |
| GLBZ | Glen Burnie Bancorp | 0.07 | 9 per month | 0.00 | (0.04) | 5.12 | (5.60) | 17.43 |
Other Forecasting Options for Prestige Wealth
For every potential investor in Prestige, whether a beginner or expert, Prestige Wealth's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Prestige Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Prestige. Basic forecasting techniques help filter out the noise by identifying Prestige Wealth's price trends.Prestige Wealth 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 Prestige Wealth stock to make a market-neutral strategy. Peer analysis of Prestige Wealth could also be used in its relative valuation, which is a method of valuing Prestige Wealth by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Prestige Wealth Market Strength Events
Market strength indicators help investors to evaluate how Prestige Wealth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prestige Wealth shares will generate the highest return on investment. By undertsting and applying Prestige Wealth stock market strength indicators, traders can identify Prestige Wealth entry and exit signals to maximize returns.
Prestige Wealth Risk Indicators
The analysis of Prestige Wealth'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 Prestige Wealth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prestige 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 | 5.44 | |||
| Standard Deviation | 7.24 | |||
| Variance | 52.44 |
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 Prestige Wealth
The number of cover stories for Prestige Wealth depends on current market conditions and Prestige Wealth's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Prestige Wealth 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 Prestige Wealth'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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Prestige Wealth Short Properties
Prestige Wealth's future price predictability will typically decrease when Prestige Wealth's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Prestige Wealth often depends not only on the future outlook of the potential Prestige Wealth'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. Prestige Wealth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 78.8 M | |
| Shares Float | 2.1 M |
Check out Historical Fundamental Analysis of Prestige Wealth to cross-verify your projections. For information on how to trade Prestige Stock refer to our How to Trade Prestige Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prestige Wealth. If investors know Prestige will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prestige Wealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.75) | Revenue Per Share | Quarterly Revenue Growth (1.00) | Return On Assets | Return On Equity |
The market value of Prestige Wealth is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Wealth's value that differs from its market value or its book value, called intrinsic value, which is Prestige Wealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prestige Wealth's market value can be influenced by many factors that don't directly affect Prestige Wealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prestige Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Wealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.