China Solar Pink Sheet Forecast - Naive Prediction

CSOL Stock  USD 0.02  0.0002  0.91%   
The Naive Prediction forecasted value of China Solar Cln on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.46. China Pink Sheet Forecast is based on your current time horizon.
As of now the relative strength index (rsi) of China Solar'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 China Solar'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 China Solar and does not consider all of the tangible or intangible factors available from China Solar's fundamental data. We analyze noise-free headlines and recent hype associated with China Solar Cln, which may create opportunities for some arbitrage if properly timed.
Using China Solar hype-based prediction, you can estimate the value of China Solar Cln from the perspective of China Solar response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of China Solar Cln on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.46.

China Solar after-hype prediction price

    
  USD 0.0278  
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 Historical Fundamental Analysis of China Solar to cross-verify your projections.

China Solar Additional Predictive Modules

Most predictive techniques to examine China price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for China using various technical indicators. When you analyze China 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 China Solar is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of China Solar Cln 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.

China Solar Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of China Solar Cln on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.46.
Please note that although there have been many attempts to predict China 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 China Solar's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

China Solar Pink Sheet Forecast Pattern

Backtest China SolarChina Solar Price PredictionBuy or Sell Advice 

China Solar Forecasted Value

In the context of forecasting China Solar'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. China Solar's downside and upside margins for the forecasting period are 0.0002 and 14.03, respectively. We have considered China Solar'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.
Market Value
0.02
0.0002
Downside
0.02
Expected Value
14.03
Upside

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 China Solar pink sheet data series using in forecasting. Note that when a statistical model is used to represent China Solar 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 Criteria109.0788
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0076
MAPEMean absolute percentage error0.2063
SAESum of the absolute errors0.4641
This model is not at all useful as a medium-long range forecasting tool of China Solar Cln. 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 China Solar. 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 China Solar

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Solar Cln. 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
0.000.0314.04
Details
Intrinsic
Valuation
LowRealHigh
0.000.0214.03
Details

China Solar After-Hype Price Prediction Density Analysis

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

China Solar Estimiated After-Hype Price Volatility

In the context of predicting China Solar's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on China Solar's historical news coverage. China Solar's after-hype downside and upside margins for the prediction period are 0.00 and 14.04, respectively. We have considered China Solar'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
0.02
0.03
After-hype Price
14.04
Upside
China Solar is out of control at this time. Analysis and calculation of next after-hype price of China Solar Cln is based on 3 months time horizon.

China Solar Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as China Solar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading China Solar 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 China Solar, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.74 
14.01
  0.04 
  0.02 
19 Events / Month
4 Events / Month
In about 19 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.02
0.03
25.16 
28,020  
Notes

China Solar Hype Timeline

China Solar Cln is currently traded for 0.02. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of 0.02. China is estimated to increase in value after the next headline, with the price projected to jump to 0.0278 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is estimated to be 25.16%, whereas the daily expected return is currently at 0.74%. The volatility of related hype on China Solar is about 42454.55%, with the expected price after the next announcement by competition of 0.04. China Solar Cln currently holds 4.87 M in liabilities with Debt to Equity (D/E) ratio of 0.17, which may suggest the company is not taking enough advantage from borrowing. China Solar Cln has a current ratio of 1.23, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist China Solar until it has trouble settling it off, either with new capital or with free cash flow. So, China Solar's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like China Solar Cln sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for China to invest in growth at high rates of return. When we think about China Solar's use of debt, we should always consider it together with cash and equity.Given the investment horizon of 90 days the next estimated press release will be in about 19 days.
Check out Historical Fundamental Analysis of China Solar to cross-verify your projections.

China Solar Related Hype Analysis

Having access to credible news sources related to China Solar's direct competition is more important than ever and may enhance your ability to predict China Solar's future price movements. Getting to know how China Solar'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 China Solar may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FNDMFund Inc 0.05 11 per month 0.00  0.13  1.18  0.00  1,133 
CSOLChina Solar Cln 0.05 19 per month 10.81  0.07  24.14 (17.73) 120.03 
MXLGFMX Gold Corp 0.06 12 per month 9.86  0.04  0.00 (21.33) 140.48 
CBTCXTRA Bitcoin 0.00 0 per month 0.00 (0.07) 14.29 (14.29) 38.18 
ARVYAlliance Recovery 0.00 0 per month 0.00  0.02  0.00  0.00  8.33 
BLQCBlockQuarry Corp 0.06 16 per month 0.00 (0.07) 21.95 (20.00) 56.06 
FUNRFUNR 0.05 10 per month 20.80  0.12  50.00 (33.33) 233.33 
IFXYInfrax Systems 0.00 21 per month 14.27  0.12  100.00 (50.00) 150.00 
TRACTrack Data 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
GRNBFGreenBank Capital 0.06 8 per month 0.00 (0.13) 0.00  0.00  90.00 

Other Forecasting Options for China Solar

For every potential investor in China, whether a beginner or expert, China Solar's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. China Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in China. Basic forecasting techniques help filter out the noise by identifying China Solar's price trends.

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

China Solar Market Strength Events

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

China Solar Risk Indicators

The analysis of China Solar'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 China Solar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china 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.
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 China Solar

The number of cover stories for China Solar depends on current market conditions and China Solar's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that China Solar 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 China Solar'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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Other Information on Investing in China Pink Sheet

China Solar financial ratios help investors to determine whether China Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Solar security.