Bank of East Asia Limited Pink Sheet Forecast - Naive Prediction
| BKEAY Stock | USD 1.51 0.19 11.18% |
Bank Pink Sheet outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Bank of East Asia Limited's share price is approaching 36 suggesting that the pink sheet 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 Bank of East Asia Limited, making its price go up or down. Momentum 36
Sell Extended
Oversold | Overbought |
Using Bank of East Asia Limited hype-based prediction, you can estimate the value of Bank of East from the perspective of Bank of East Asia Limited response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Bank of East on the next trading day is expected to be 1.51 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.45. Bank of East Asia Limited after-hype prediction price | USD 1.51 |
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.
Bank |
Bank of East Asia Limited Additional Predictive Modules
Most predictive techniques to examine Bank price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bank using various technical indicators. When you analyze Bank 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 |
Bank of East Asia Limited Naive Prediction Price Forecast For the 27th of January
Given 90 days horizon, the Naive Prediction forecasted value of Bank of East on the next trading day is expected to be 1.51 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.45.Please note that although there have been many attempts to predict Bank 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 Bank of East Asia Limited's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bank of East Asia Limited Pink Sheet Forecast Pattern
| Backtest Bank of East Asia Limited | Bank of East Asia Limited Price Prediction | Buy or Sell Advice |
Bank of East Asia Limited Forecasted Value
In the context of forecasting Bank of East Asia Limited'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. Bank of East Asia Limited's downside and upside margins for the forecasting period are 0.02 and 5.00, respectively. We have considered Bank of East Asia Limited'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 Bank of East Asia Limited pink sheet data series using in forecasting. Note that when a statistical model is used to represent Bank of East Asia Limited 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 | 112.1601 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0402 |
| MAPE | Mean absolute percentage error | 0.023 |
| SAE | Sum of the absolute errors | 2.453 |
Predictive Modules for Bank of East Asia Limited
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of East Asia Limited. 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.Bank of East Asia Limited After-Hype Price Density Analysis
As far as predicting the price of Bank of East Asia Limited 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 Bank of East Asia Limited 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 Bank of East Asia Limited, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Bank of East Asia Limited Estimiated After-Hype Price Volatility
In the context of predicting Bank of East Asia Limited's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bank of East Asia Limited's historical news coverage. Bank of East Asia Limited's after-hype downside and upside margins for the prediction period are 0.08 and 4.99, respectively. We have considered Bank of East Asia Limited'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
Bank of East Asia Limited is dangerous at this time. Analysis and calculation of next after-hype price of Bank of East Asia Limited is based on 3 months time horizon.
Bank of East Asia Limited Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Bank of East Asia Limited is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bank of East Asia Limited 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 Bank of East Asia Limited, 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 |
0.13 | 3.48 | 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 | |
1.51 | 1.51 | 0.00 |
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Bank of East Asia Limited Hype Timeline
Bank of East Asia Limited is currently traded for 1.51. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Bank 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 currently at -0.13%. %. The volatility of related hype on Bank of East Asia Limited is about 0.0%, with the expected price after the next announcement by competition of 1.51. The company has price-to-book (P/B) ratio of 0.23. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bank of East Asia Limited has Price/Earnings To Growth (PEG) ratio of 1.7. The entity last dividend was issued on the 29th of September 2022. The firm had 11:10 split on the 16th of March 2009. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Bank of East Asia Limited to cross-verify your projections.Bank of East Asia Limited Related Hype Analysis
Having access to credible news sources related to Bank of East Asia Limited's direct competition is more important than ever and may enhance your ability to predict Bank of East Asia Limited's future price movements. Getting to know how Bank of East Asia Limited'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 Bank of East Asia Limited may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TMBBY | TMB Bank PCL | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BKZHF | Santander Bank Polska | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FKKFF | Fukuoka Fncl Group | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FKKFY | Fukuoka Financial Group | 0.00 | 0 per month | 2.22 | 0.07 | 6.37 | (5.07) | 23.63 | |
| JYSKF | Jyske Bank AS | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BKAHF | Bank Of Ayudhya | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BXRBF | Bendigo And Adelaide | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BKCYF | Bank Of Cyprus | 0.00 | 0 per month | 0.00 | 0.08 | 0.00 | 0.00 | 13.60 | |
| KMERF | Komercn banka as | 0.00 | 0 per month | 0.00 | 0.14 | 0.00 | 0.00 | 39.86 | |
| EFGIF | EFG International AG | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 18.40 |
Other Forecasting Options for Bank of East Asia Limited
For every potential investor in Bank, whether a beginner or expert, Bank of East Asia Limited's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bank Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bank. Basic forecasting techniques help filter out the noise by identifying Bank of East Asia Limited's price trends.Bank of East Asia Limited 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 Bank of East Asia Limited pink sheet to make a market-neutral strategy. Peer analysis of Bank of East Asia Limited could also be used in its relative valuation, which is a method of valuing Bank of East Asia Limited by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bank of East Asia Limited Market Strength Events
Market strength indicators help investors to evaluate how Bank of East Asia Limited 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 Bank of East Asia Limited shares will generate the highest return on investment. By undertsting and applying Bank of East Asia Limited pink sheet market strength indicators, traders can identify Bank of East entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.89 | |||
| Day Median Price | 1.51 | |||
| Day Typical Price | 1.51 | |||
| Price Action Indicator | (0.1) | |||
| Period Momentum Indicator | (0.19) | |||
| Relative Strength Index | 36.73 |
Bank of East Asia Limited Risk Indicators
The analysis of Bank of East Asia Limited'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 Bank of East Asia Limited's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank 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 | 1.84 | |||
| Standard Deviation | 3.6 | |||
| Variance | 12.99 |
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 Bank of East Asia Limited
The number of cover stories for Bank of East Asia Limited depends on current market conditions and Bank of East Asia Limited's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bank of East Asia Limited 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 Bank of East Asia Limited'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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Bank of East Asia Limited Short Properties
Bank of East Asia Limited's future price predictability will typically decrease when Bank of East Asia Limited's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bank of East often depends not only on the future outlook of the potential Bank of East Asia Limited'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. Bank of East Asia Limited's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.9 B | |
| Dividends Paid | 2.5 B |
Additional Tools for Bank Pink Sheet Analysis
When running Bank of East Asia Limited's price analysis, check to measure Bank of East Asia Limited'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 Bank of East Asia Limited is operating at the current time. Most of Bank of East Asia Limited's value examination focuses on studying past and present price action to predict the probability of Bank of East Asia Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of East Asia Limited's price. Additionally, you may evaluate how the addition of Bank of East Asia Limited to your portfolios can decrease your overall portfolio volatility.