BoohooCom PLC Pink Sheet Forecast - Naive Prediction
| BHOOY Stock | USD 7.20 0.00 0.00% |
The Naive Prediction forecasted value of BoohooCom PLC ADR on the next trading day is expected to be 8.44 with a mean absolute deviation of 0.53 and the sum of the absolute errors of 32.35. BoohooCom Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of BoohooCom PLC's share price is below 20 suggesting 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 |
Using BoohooCom PLC hype-based prediction, you can estimate the value of BoohooCom PLC ADR from the perspective of BoohooCom PLC response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of BoohooCom PLC ADR on the next trading day is expected to be 8.44 with a mean absolute deviation of 0.53 and the sum of the absolute errors of 32.35. BoohooCom PLC after-hype prediction price | USD 7.2 |
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.
BoohooCom |
BoohooCom PLC Additional Predictive Modules
Most predictive techniques to examine BoohooCom price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for BoohooCom using various technical indicators. When you analyze BoohooCom 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 |
BoohooCom PLC Naive Prediction Price Forecast For the 25th of January
Given 90 days horizon, the Naive Prediction forecasted value of BoohooCom PLC ADR on the next trading day is expected to be 8.44 with a mean absolute deviation of 0.53, mean absolute percentage error of 0.50, and the sum of the absolute errors of 32.35.Please note that although there have been many attempts to predict BoohooCom 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 BoohooCom PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
BoohooCom PLC Pink Sheet Forecast Pattern
| Backtest BoohooCom PLC | BoohooCom PLC Price Prediction | Buy or Sell Advice |
BoohooCom PLC Forecasted Value
In the context of forecasting BoohooCom PLC'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. BoohooCom PLC's downside and upside margins for the forecasting period are 0.07 and 24.48, respectively. We have considered BoohooCom PLC'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 BoohooCom PLC pink sheet data series using in forecasting. Note that when a statistical model is used to represent BoohooCom PLC 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 | 117.4243 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5304 |
| MAPE | Mean absolute percentage error | 0.1104 |
| SAE | Sum of the absolute errors | 32.3528 |
Predictive Modules for BoohooCom PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BoohooCom PLC ADR. 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.BoohooCom PLC After-Hype Price Prediction Density Analysis
As far as predicting the price of BoohooCom PLC 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 BoohooCom PLC 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 BoohooCom PLC, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
BoohooCom PLC Estimiated After-Hype Price Volatility
In the context of predicting BoohooCom PLC's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on BoohooCom PLC's historical news coverage. BoohooCom PLC's after-hype downside and upside margins for the prediction period are 0.36 and 23.24, respectively. We have considered BoohooCom PLC'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
BoohooCom PLC is very risky at this time. Analysis and calculation of next after-hype price of BoohooCom PLC ADR is based on 3 months time horizon.
BoohooCom PLC Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as BoohooCom PLC is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BoohooCom PLC 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 BoohooCom PLC, 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 |
1.59 | 16.04 | 0.00 | 0.26 | 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 | ||
7.20 | 7.20 | 0.00 |
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BoohooCom PLC Hype Timeline
BoohooCom PLC ADR is currently traded for 7.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.26. BoohooCom is estimated 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 estimated to be very small, whereas the daily expected return is currently at 1.59%. %. The volatility of related hype on BoohooCom PLC is about 9995.01%, with the expected price after the next announcement by competition of 6.94. The company has price-to-book (P/B) ratio of 1.01. Some equities with similar Price to Book (P/B) outperform the market in the long run. BoohooCom PLC ADR recorded a loss per share of 0.08. The entity had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of BoohooCom PLC to cross-verify your projections.BoohooCom PLC Related Hype Analysis
Having access to credible news sources related to BoohooCom PLC's direct competition is more important than ever and may enhance your ability to predict BoohooCom PLC's future price movements. Getting to know how BoohooCom PLC'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 BoohooCom PLC may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HXGCF | Hexagon Composites ASA | 0.00 | 0 per month | 0.00 | (0.09) | 4.44 | (6.41) | 23.55 | |
| YUMSF | Demaecan Co | 0.00 | 0 per month | 0.00 | (0.25) | 0.00 | 0.00 | 10.38 | |
| PSDMF | Gaming Realms plc | 0.00 | 0 per month | 0.00 | (0.16) | 0.00 | 0.00 | 16.92 | |
| MDOUF | Maisons Du Monde | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| PBTHF | PointsBet Holdings Limited | 0.00 | 0 per month | 10.06 | 0.02 | 18.52 | (28.12) | 112.97 | |
| NWAU | Consumer Automotive Finance | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| HSWLF | Hostelworld Group plc | (1.55) | 1 per month | 0.00 | (0.07) | 0.00 | 0.00 | 0.00 | |
| HKTVY | Hong Kong Television | 0.00 | 0 per month | 0.00 | (0.11) | 3.47 | (2.67) | 23.63 | |
| WLMTF | Wuling Motors Holdings | (0.05) | 1 per month | 5.13 | 0.01 | 13.67 | (10.68) | 31.26 | |
| CNRFF | Consorcio ARA S | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for BoohooCom PLC
For every potential investor in BoohooCom, whether a beginner or expert, BoohooCom PLC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BoohooCom Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BoohooCom. Basic forecasting techniques help filter out the noise by identifying BoohooCom PLC's price trends.BoohooCom PLC 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 BoohooCom PLC pink sheet to make a market-neutral strategy. Peer analysis of BoohooCom PLC could also be used in its relative valuation, which is a method of valuing BoohooCom PLC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BoohooCom PLC Market Strength Events
Market strength indicators help investors to evaluate how BoohooCom PLC 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 BoohooCom PLC shares will generate the highest return on investment. By undertsting and applying BoohooCom PLC pink sheet market strength indicators, traders can identify BoohooCom PLC ADR entry and exit signals to maximize returns.
BoohooCom PLC Risk Indicators
The analysis of BoohooCom PLC'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 BoohooCom PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting boohoocom 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 | 3.78 | |||
| Standard Deviation | 15.67 | |||
| Variance | 245.48 |
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 BoohooCom PLC
The number of cover stories for BoohooCom PLC depends on current market conditions and BoohooCom PLC's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that BoohooCom PLC 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 BoohooCom PLC'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 BoohooCom Pink Sheet Analysis
When running BoohooCom PLC's price analysis, check to measure BoohooCom PLC'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 BoohooCom PLC is operating at the current time. Most of BoohooCom PLC's value examination focuses on studying past and present price action to predict the probability of BoohooCom PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BoohooCom PLC's price. Additionally, you may evaluate how the addition of BoohooCom PLC to your portfolios can decrease your overall portfolio volatility.