BP Prudhoe Stock Forecast - Simple Regression
| BPTDelisted Stock | USD 0.27 0.18 40.00% |
The Simple Regression forecasted value of BP Prudhoe Bay on the next trading day is expected to be 0.58 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.87. BPT Stock Forecast is based on your current time horizon.
At this time, the value of RSI of BP Prudhoe's share price is approaching 31 suggesting 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 BP Prudhoe, making its price go up or down. Momentum 31
Sell Stretched
Oversold | Overbought |
Using BP Prudhoe hype-based prediction, you can estimate the value of BP Prudhoe Bay from the perspective of BP Prudhoe response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of BP Prudhoe Bay on the next trading day is expected to be 0.58 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.87. BP Prudhoe after-hype prediction price | USD 0.27 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
BPT |
BP Prudhoe Additional Predictive Modules
Most predictive techniques to examine BPT price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for BPT using various technical indicators. When you analyze BPT 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 |
BP Prudhoe Simple Regression Price Forecast For the 23rd of January
Given 90 days horizon, the Simple Regression forecasted value of BP Prudhoe Bay on the next trading day is expected to be 0.58 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.87.Please note that although there have been many attempts to predict BPT 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 BP Prudhoe's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
BP Prudhoe Stock Forecast Pattern
| Backtest BP Prudhoe | BP Prudhoe Price Prediction | Buy or Sell Advice |
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 BP Prudhoe stock data series using in forecasting. Note that when a statistical model is used to represent BP Prudhoe 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 | 113.1622 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0635 |
| MAPE | Mean absolute percentage error | 0.1263 |
| SAE | Sum of the absolute errors | 3.871 |
Predictive Modules for BP Prudhoe
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BP Prudhoe Bay. 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.BP Prudhoe After-Hype Price Prediction Density Analysis
As far as predicting the price of BP Prudhoe 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 BP Prudhoe 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 BP Prudhoe, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
BP Prudhoe Estimiated After-Hype Price Volatility
In the context of predicting BP Prudhoe's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on BP Prudhoe's historical news coverage. BP Prudhoe's after-hype downside and upside margins for the prediction period are 0.27 and 0.27, respectively. We have considered BP Prudhoe'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
BP Prudhoe is very steady at this time. Analysis and calculation of next after-hype price of BP Prudhoe Bay is based on 3 months time horizon.
BP Prudhoe Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as BP Prudhoe is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BP Prudhoe 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 Delisted 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 BP Prudhoe, 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 |
0.00 | 0.00 | 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 | ||
0.27 | 0.27 | 0.00 |
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BP Prudhoe Hype Timeline
On the 22nd of January BP Prudhoe Bay is traded for 0.27. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. BPT 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 insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on BP Prudhoe is about 0.0%, with the expected price after the next announcement by competition of 0.27. The company has price-to-book (P/B) ratio of 1.88. Some equities with similar Price to Book (P/B) outperform the market in the long run. BP Prudhoe Bay recorded a loss per share of 0.06. The entity last dividend was issued on the 13th of January 2023. Considering the 90-day investment horizon the next projected press release will be in 5 to 10 days. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.BP Prudhoe Related Hype Analysis
Having access to credible news sources related to BP Prudhoe's direct competition is more important than ever and may enhance your ability to predict BP Prudhoe's future price movements. Getting to know how BP Prudhoe'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 BP Prudhoe may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PBT | Permian Basin Royalty | 0.00 | 0 per month | 2.04 | (0) | 3.59 | (2.97) | 15.57 | |
| LPG | Dorian LPG | 0.00 | 0 per month | 2.10 | (0.01) | 2.42 | (2.53) | 10.53 | |
| FRO | Frontline | 0.00 | 0 per month | 2.48 | 0.02 | 3.42 | (3.95) | 10.94 | |
| TRMD | Torm PLC Class | 0.00 | 0 per month | 1.37 | 0.03 | 3.53 | (2.28) | 10.37 | |
| PAA | Plains All American | 0.00 | 0 per month | 0.58 | 0.17 | 1.84 | (1.26) | 4.09 | |
| SJT | San Juan Basin | 0.00 | 0 per month | 2.51 | 0.05 | 3.81 | (3.44) | 11.31 | |
| SBR | Sabine Royalty Trust | 0.00 | 0 per month | 2.37 | (0.05) | 2.14 | (2.89) | 12.07 | |
| CRT | Cross Timbers Royalty | 0.00 | 0 per month | 2.02 | 0.04 | 4.59 | (4.00) | 12.24 |
BP Prudhoe 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 BP Prudhoe stock to make a market-neutral strategy. Peer analysis of BP Prudhoe could also be used in its relative valuation, which is a method of valuing BP Prudhoe by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BP Prudhoe Market Strength Events
Market strength indicators help investors to evaluate how BP Prudhoe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BP Prudhoe shares will generate the highest return on investment. By undertsting and applying BP Prudhoe stock market strength indicators, traders can identify BP Prudhoe Bay entry and exit signals to maximize returns.
Story Coverage note for BP Prudhoe
The number of cover stories for BP Prudhoe depends on current market conditions and BP Prudhoe's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that BP Prudhoe 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 BP Prudhoe'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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BP Prudhoe Short Properties
BP Prudhoe's future price predictability will typically decrease when BP Prudhoe's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of BP Prudhoe Bay often depends not only on the future outlook of the potential BP Prudhoe'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. BP Prudhoe's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.4 M | |
| Cash And Short Term Investments | 4.2 M |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in BPT Stock
If you are still planning to invest in BP Prudhoe Bay check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BP Prudhoe's history and understand the potential risks before investing.
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