Concorde Gaming Pink Sheet Forward View

CGAMDelisted Stock  USD 0.0001  0.00  0.00%   
Concorde Pink Sheet outlook is based on your current time horizon.
As of now the relative strength index (rsi) of Concorde Gaming'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
The successful prediction of Concorde Gaming's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Concorde Gaming and does not consider all of the tangible or intangible factors available from Concorde Gaming's fundamental data. We analyze noise-free headlines and recent hype associated with Concorde Gaming, which may create opportunities for some arbitrage if properly timed.
Using Concorde Gaming hype-based prediction, you can estimate the value of Concorde Gaming from the perspective of Concorde Gaming response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Concorde Gaming on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.

Concorde Gaming after-hype prediction price

    
  USD 1.0E-4  
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 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 signals in nation.

Concorde Gaming Additional Predictive Modules

Most predictive techniques to examine Concorde price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Concorde using various technical indicators. When you analyze Concorde 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.
A naive forecasting model for Concorde Gaming is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Concorde Gaming value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Concorde Gaming Naive Prediction Price Forecast For the 4th of February

Given 90 days horizon, the Naive Prediction forecasted value of Concorde Gaming on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Concorde Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Concorde Gaming's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Concorde Gaming Pink Sheet Forecast Pattern

Backtest Concorde Gaming  Concorde Gaming Price Prediction  Research Analysis  

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 Concorde Gaming pink sheet data series using in forecasting. Note that when a statistical model is used to represent Concorde Gaming 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 Criteria30.385
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Concorde Gaming. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Concorde Gaming. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Concorde Gaming

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Concorde Gaming. 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.
Hype
Prediction
LowEstimatedHigh
0.000.00010.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0000850.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00010.00010.0001
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Concorde Gaming. Your research has to be compared to or analyzed against Concorde Gaming's peers to derive any actionable benefits. When done correctly, Concorde Gaming's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Concorde Gaming.

Concorde Gaming After-Hype Price Density Analysis

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

Concorde Gaming Estimiated After-Hype Price Volatility

In the context of predicting Concorde Gaming's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Concorde Gaming's historical news coverage. Concorde Gaming's after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered Concorde Gaming'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.0001
0.0001
After-hype Price
0.00
Upside
Concorde Gaming is very steady at this time. Analysis and calculation of next after-hype price of Concorde Gaming is based on 3 months time horizon.

Concorde Gaming Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Concorde Gaming is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Concorde Gaming 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 Concorde Gaming, 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  
5 Events / Month
1 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.0001
0.0001
0.00 
0.00  
Notes

Concorde Gaming Hype Timeline

Concorde Gaming is currently traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Concorde 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 0.0%. %. The volatility of related hype on Concorde Gaming is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company recorded a loss per share of 0.08. Concorde Gaming had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 5 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 signals in nation.

Concorde Gaming Related Hype Analysis

Having access to credible news sources related to Concorde Gaming's direct competition is more important than ever and may enhance your ability to predict Concorde Gaming's future price movements. Getting to know how Concorde Gaming'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 Concorde Gaming may potentially react to the hype associated with one of its peers.

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

Concorde Gaming Market Strength Events

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

Story Coverage note for Concorde Gaming

The number of cover stories for Concorde Gaming depends on current market conditions and Concorde Gaming's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Concorde Gaming 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 Concorde Gaming'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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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 signals in nation.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Other Consideration for investing in Concorde Pink Sheet

If you are still planning to invest in Concorde Gaming 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 Concorde Gaming's history and understand the potential risks before investing.
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