Eco Depot Pink Sheet Forecast - Polynomial Regression

ECDP Stock  USD 0.04  0  2.54%   
The Polynomial Regression forecasted value of Eco Depot on the next trading day is expected to be 0.04 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.13. Eco Pink Sheet Forecast is based on your current time horizon.
As of today the relative strength index (rsi) of Eco Depot'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 Eco Depot's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Eco Depot, which may create opportunities for some arbitrage if properly timed.
Using Eco Depot hype-based prediction, you can estimate the value of Eco Depot from the perspective of Eco Depot response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Eco Depot on the next trading day is expected to be 0.04 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.13.

Eco Depot after-hype prediction price

    
  USD 0.049  
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 Eco Depot to cross-verify your projections.

Eco Depot Additional Predictive Modules

Most predictive techniques to examine Eco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eco using various technical indicators. When you analyze Eco 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.
Eco Depot polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Eco Depot as well as the accuracy indicators are determined from the period prices.

Eco Depot Polynomial Regression Price Forecast For the 25th of January

Given 90 days horizon, the Polynomial Regression forecasted value of Eco Depot on the next trading day is expected to be 0.04 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000799, and the sum of the absolute errors of 0.13.
Please note that although there have been many attempts to predict Eco 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 Eco Depot's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Eco Depot Pink Sheet Forecast Pattern

Backtest Eco DepotEco Depot Price PredictionBuy or Sell Advice 

Eco Depot Forecasted Value

In the context of forecasting Eco Depot'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. Eco Depot's downside and upside margins for the forecasting period are 0.0004 and 7.64, respectively. We have considered Eco Depot'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
0.04
0.0004
Downside
0.04
Expected Value
7.64
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Eco Depot pink sheet data series using in forecasting. Note that when a statistical model is used to represent Eco Depot 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 Criteria108.2112
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0021
MAPEMean absolute percentage error0.0513
SAESum of the absolute errors0.1322
A single variable polynomial regression model attempts to put a curve through the Eco Depot historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Eco Depot

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eco Depot. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eco Depot's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.057.65
Details
Intrinsic
Valuation
LowRealHigh
0.000.047.64
Details

Eco Depot After-Hype Price Prediction Density Analysis

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

Eco Depot Estimiated After-Hype Price Volatility

In the context of predicting Eco Depot's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eco Depot's historical news coverage. Eco Depot's after-hype downside and upside margins for the prediction period are 0.00 and 7.65, respectively. We have considered Eco Depot'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
0.04
0.05
After-hype Price
7.65
Upside
Eco Depot is out of control at this time. Analysis and calculation of next after-hype price of Eco Depot is based on 3 months time horizon.

Eco Depot Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Eco Depot is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eco Depot 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 Eco Depot, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.11 
7.60
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.04
0.05
21.28 
0.00  
Notes

Eco Depot Hype Timeline

Eco Depot is currently traded for 0.04. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Eco is forecasted to increase in value after the next headline, with the price projected to jump to 0.049 or above. The average volatility of media hype impact on the company the price is insignificant. The price gain on the next news is estimated to be 21.28%, whereas the daily expected return is currently at 0.11%. The volatility of related hype on Eco Depot is about 0.0%, with the expected price after the next announcement by competition of 0.04. Eco Depot currently holds 237.6 K in liabilities. Eco Depot has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Eco Depot until it has trouble settling it off, either with new capital or with free cash flow. So, Eco Depot'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 Eco Depot sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eco to invest in growth at high rates of return. When we think about Eco Depot's use of debt, we should always consider it together with cash and equity.Given the investment horizon of 90 days the next forecasted press release will be in a few days.
Check out Historical Fundamental Analysis of Eco Depot to cross-verify your projections.

Eco Depot Related Hype Analysis

Having access to credible news sources related to Eco Depot's direct competition is more important than ever and may enhance your ability to predict Eco Depot's future price movements. Getting to know how Eco Depot'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 Eco Depot 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
SOLLYShui On Land 0.00 0 per month 0.00 (0.11) 0.00  0.00  16.85 
BCKMFThe Becker Milk 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
GZUHYGuangzhou RF Properties 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
MYCBMy City Builders 0.00 0 per month 0.00  0.08  0.00  0.00  675.51 
TRPTFTribe Property Technologies 0.00 0 per month 0.00 (0.03) 4.35  0.00  18.63 
ILALInternational Land Alliance 0.00 0 per month 5.50  0.08  14.29 (12.50) 83.56 
SRRESunrise Real Estate 0.00 0 per month 0.00 (0.20) 0.00 (5.56) 13.33 
MGAGMortgage Oil Corp 0.00 0 per month 0.00  0.01  0.00  0.00  5.63 
IVREFInovalis Real Estate 0.00 0 per month 3.54  0.07  9.43 (2.74) 37.92 
PCPDFPacific Century Premium 0.00 0 per month 17.48  0.13  70.00 (53.05) 1,192 

Other Forecasting Options for Eco Depot

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

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

Eco Depot Market Strength Events

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

Eco Depot Risk Indicators

The analysis of Eco Depot'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 Eco Depot's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eco 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 Eco Depot

The number of cover stories for Eco Depot depends on current market conditions and Eco Depot's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Eco Depot 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 Eco Depot's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for Eco Pink Sheet Analysis

When running Eco Depot's price analysis, check to measure Eco Depot'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 Eco Depot is operating at the current time. Most of Eco Depot's value examination focuses on studying past and present price action to predict the probability of Eco Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eco Depot's price. Additionally, you may evaluate how the addition of Eco Depot to your portfolios can decrease your overall portfolio volatility.