EDreams ODIGEO OTC Stock Forecast - Simple Exponential Smoothing
| EDEMY Stock | USD 68.08 0.00 0.00% |
The Simple Exponential Smoothing forecasted value of eDreams ODIGEO SA on the next trading day is expected to be 68.08 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. EDreams OTC Stock Forecast is based on your current time horizon.
At this time the value of rsi of EDreams ODIGEO's share price is below 20 suggesting that the otc stock 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 |
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of EDreams ODIGEO based on different types of headlines from major news networks to social media. Using EDreams ODIGEO hype-based prediction, you can estimate the value of eDreams ODIGEO SA from the perspective of EDreams ODIGEO response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of eDreams ODIGEO SA on the next trading day is expected to be 68.08 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. EDreams ODIGEO after-hype prediction price | USD 68.08 |
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
EDreams |
EDreams ODIGEO Additional Predictive Modules
Most predictive techniques to examine EDreams price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for EDreams using various technical indicators. When you analyze EDreams 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
EDreams ODIGEO Simple Exponential Smoothing Price Forecast For the 26th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of eDreams ODIGEO SA on the next trading day is expected to be 68.08 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict EDreams OTC 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 EDreams ODIGEO's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
EDreams ODIGEO OTC Stock Forecast Pattern
| Backtest EDreams ODIGEO | EDreams ODIGEO Price Prediction | Buy or Sell Advice |
EDreams ODIGEO Forecasted Value
In the context of forecasting EDreams ODIGEO's OTC Stock 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. EDreams ODIGEO's downside and upside margins for the forecasting period are 68.08 and 68.08, respectively. We have considered EDreams ODIGEO'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.
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 EDreams ODIGEO otc stock data series using in forecasting. Note that when a statistical model is used to represent EDreams ODIGEO otc 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 | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for EDreams ODIGEO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as eDreams ODIGEO SA. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.EDreams ODIGEO After-Hype Price Prediction Density Analysis
As far as predicting the price of EDreams ODIGEO 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 EDreams ODIGEO 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 OTC Stock prices, such as prices of EDreams ODIGEO, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
EDreams ODIGEO Estimiated After-Hype Price Volatility
In the context of predicting EDreams ODIGEO's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on EDreams ODIGEO's historical news coverage. EDreams ODIGEO's after-hype downside and upside margins for the prediction period are 68.08 and 68.08, respectively. We have considered EDreams ODIGEO'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
EDreams ODIGEO is very steady at this time. Analysis and calculation of next after-hype price of eDreams ODIGEO SA is based on 3 months time horizon.
EDreams ODIGEO OTC Stock Price Prediction Analysis
Have you ever been surprised when a price of a OTC Stock such as EDreams ODIGEO is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EDreams ODIGEO 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 OTC 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 EDreams ODIGEO, 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 | 3 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
68.08 | 68.08 | 0.00 |
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EDreams ODIGEO Hype Timeline
eDreams ODIGEO SA is currently traded for 68.08. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. EDreams is expected 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 expected to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on EDreams ODIGEO is about 0.0%, with the expected price after the next announcement by competition of 68.08. The book value of the company was currently reported as 19.16. The company recorded a loss per share of 11.98. eDreams ODIGEO SA had not issued any dividends in recent years. Assuming the 90 days horizon the next expected press release will be in a few days. Check out Historical Fundamental Analysis of EDreams ODIGEO to cross-verify your projections.EDreams ODIGEO Related Hype Analysis
Having access to credible news sources related to EDreams ODIGEO's direct competition is more important than ever and may enhance your ability to predict EDreams ODIGEO's future price movements. Getting to know how EDreams ODIGEO'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 EDreams ODIGEO may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| WOSSF | Water Oasis Group | (0.54) | 3 per month | 0.00 | 0.03 | 0.00 | 0.00 | 43.51 | |
| TFRFF | Tefron | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| PMTYF | Playmates Toys | 0.00 | 0 per month | 0.00 | (0.12) | 0.00 | (12.20) | 68.65 | |
| LHUAF | Lianhua Supermarket Holdings | 0.00 | 0 per month | 0.00 | 0.06 | 0.00 | 0.00 | 213.43 | |
| IGDFF | IG Design Group | (0.54) | 3 per month | 0.00 | (0.24) | 0.00 | 0.00 | 8.45 | |
| DPNEY | Daphne International Holdings | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| IPGGF | Imperium Group Global | (0.54) | 9 per month | 12.82 | 0.02 | 33.33 | (23.08) | 66.18 | |
| ESHDF | Esprit Holdings Limited | (0.54) | 3 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ARHN | Archon | 0.00 | 0 per month | 0.00 | (0.14) | 0.00 | 0.00 | 37.25 | |
| MCRAB | McRae Industries | (0.54) | 10 per month | 0.00 | (0.46) | 0.00 | 0.00 | 0.96 |
Other Forecasting Options for EDreams ODIGEO
For every potential investor in EDreams, whether a beginner or expert, EDreams ODIGEO's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EDreams OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EDreams. Basic forecasting techniques help filter out the noise by identifying EDreams ODIGEO's price trends.EDreams ODIGEO 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 EDreams ODIGEO otc stock to make a market-neutral strategy. Peer analysis of EDreams ODIGEO could also be used in its relative valuation, which is a method of valuing EDreams ODIGEO by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EDreams ODIGEO Market Strength Events
Market strength indicators help investors to evaluate how EDreams ODIGEO otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EDreams ODIGEO shares will generate the highest return on investment. By undertsting and applying EDreams ODIGEO otc stock market strength indicators, traders can identify eDreams ODIGEO SA entry and exit signals to maximize returns.
Story Coverage note for EDreams ODIGEO
The number of cover stories for EDreams ODIGEO depends on current market conditions and EDreams ODIGEO's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that EDreams ODIGEO 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 EDreams ODIGEO'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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Additional Tools for EDreams OTC Stock Analysis
When running EDreams ODIGEO's price analysis, check to measure EDreams ODIGEO'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 EDreams ODIGEO is operating at the current time. Most of EDreams ODIGEO's value examination focuses on studying past and present price action to predict the probability of EDreams ODIGEO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDreams ODIGEO's price. Additionally, you may evaluate how the addition of EDreams ODIGEO to your portfolios can decrease your overall portfolio volatility.