Cxj Group Pink Sheet Forecast - Simple Exponential Smoothing

ECXJ Stock  USD 1.90  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of Cxj Group Co on the next trading day is expected to be 1.90 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.13. Cxj Pink Sheet Forecast is based on your current time horizon.
The relative strength index (RSI) of Cxj Group's share price is above 70 as of now suggesting that the pink sheet is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Cxj, making its price go up or down.

Momentum 73

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Cxj Group's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Cxj Group Co, which may create opportunities for some arbitrage if properly timed.
Using Cxj Group hype-based prediction, you can estimate the value of Cxj Group Co from the perspective of Cxj Group response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Cxj Group Co on the next trading day is expected to be 1.90 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.13.

Cxj Group after-hype prediction price

    
  USD 1.9  
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 Cxj Group to cross-verify your projections.

Cxj Group Additional Predictive Modules

Most predictive techniques to examine Cxj price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cxj using various technical indicators. When you analyze Cxj 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.
Cxj Group simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Cxj Group Co are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Cxj Group prices get older.

Cxj Group Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Cxj Group Co on the next trading day is expected to be 1.90 with a mean absolute deviation of 0, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.13.
Please note that although there have been many attempts to predict Cxj 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 Cxj Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cxj Group Pink Sheet Forecast Pattern

Backtest Cxj GroupCxj Group Price PredictionBuy or Sell Advice 

Cxj Group Forecasted Value

In the context of forecasting Cxj Group'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. Cxj Group's downside and upside margins for the forecasting period are 1.26 and 2.54, respectively. We have considered Cxj Group'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
1.90
1.90
Expected Value
2.54
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Cxj Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent Cxj Group 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 Criteria107.4106
BiasArithmetic mean of the errors -2.0E-4
MADMean absolute deviation0.0022
MAPEMean absolute percentage error0.0012
SAESum of the absolute errors0.13
This simple exponential smoothing model begins by setting Cxj Group Co forecast for the second period equal to the observation of the first period. In other words, recent Cxj Group observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Cxj Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cxj Group. 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 Cxj Group'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
1.261.902.54
Details
Intrinsic
Valuation
LowRealHigh
1.241.882.52
Details

Cxj Group After-Hype Price Prediction Density Analysis

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

Cxj Group Estimiated After-Hype Price Volatility

In the context of predicting Cxj Group's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cxj Group's historical news coverage. Cxj Group's after-hype downside and upside margins for the prediction period are 1.26 and 2.54, respectively. We have considered Cxj Group'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
1.90
1.90
After-hype Price
2.54
Upside
Cxj Group is somewhat reliable at this time. Analysis and calculation of next after-hype price of Cxj Group is based on 3 months time horizon.

Cxj Group Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Cxj Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cxj Group 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 Cxj Group, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
0.64
  0.02 
 0.00  
2 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.90
1.90
0.00 
35.01  
Notes

Cxj Group Hype Timeline

Cxj Group is currently traded for 1.90. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.0. Cxj is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 35.01%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.01%. %. The volatility of related hype on Cxj Group is about 1502.35%, with the expected price after the next announcement by competition of 1.90. About 100.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.01. Cxj Group last dividend was issued on the 5th of August 2019. The entity had 1:200 split on the 5th of August 2019. Given the investment horizon of 90 days the next anticipated press release will be in a few days.
Check out Historical Fundamental Analysis of Cxj Group to cross-verify your projections.

Cxj Group Related Hype Analysis

Having access to credible news sources related to Cxj Group's direct competition is more important than ever and may enhance your ability to predict Cxj Group's future price movements. Getting to know how Cxj Group'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 Cxj Group 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
WINHWINHA INTERNATIONAL GROUP 0.00 0 per month 5.29  0.12  9.33 (16.67) 1,851 
EMCMFEmerge Commerce(0.09)2 per month 0.00  0.13  0.00  0.00  40.00 
RLABReal American Capita 0.00 0 per month 11.10  0.15  37.33 (19.90) 228.15 
ALLGFAlligator Bioscience AB 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
SRSCQSears Canada 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
SSMStone Street Bancorp 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
KENSKenilworth Systems C(0.30)4 per month 14.16  0.14  34.62 (27.03) 386.06 
FCCIFast Casual Concepts 0.00 0 per month 0.00 (0.14) 0.00  0.00  56.84 
DXYNThe Dixie Group(0.04)7 per month 0.00 (0.08) 12.24 (11.11) 32.22 
ICDXICDX 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 

Other Forecasting Options for Cxj Group

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

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

Cxj Group Market Strength Events

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

Cxj Group Risk Indicators

The analysis of Cxj Group'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 Cxj Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cxj 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 Cxj Group

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Cxj Group Short Properties

Cxj Group's future price predictability will typically decrease when Cxj Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cxj Group Co often depends not only on the future outlook of the potential Cxj Group'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. Cxj Group's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding33.3 K
Cash And Short Term Investments2082.00

Other Information on Investing in Cxj Pink Sheet

Cxj Group financial ratios help investors to determine whether Cxj 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 Cxj with respect to the benefits of owning Cxj Group security.