Edenred Malakoff Pink Sheet Forecast - Naive Prediction
| EDNMY Stock | USD 10.20 0.50 4.67% |
The Naive Prediction forecasted value of Edenred Malakoff ADR on the next trading day is expected to be 10.54 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.68. Edenred Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Edenred Malakoff'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 |
Using Edenred Malakoff hype-based prediction, you can estimate the value of Edenred Malakoff ADR from the perspective of Edenred Malakoff response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Edenred Malakoff ADR on the next trading day is expected to be 10.54 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.68. Edenred Malakoff after-hype prediction price | USD 10.2 |
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.
Edenred |
Edenred Malakoff Additional Predictive Modules
Most predictive techniques to examine Edenred price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Edenred using various technical indicators. When you analyze Edenred 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Edenred Malakoff Naive Prediction Price Forecast For the 25th of January
Given 90 days horizon, the Naive Prediction forecasted value of Edenred Malakoff ADR on the next trading day is expected to be 10.54 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.08, and the sum of the absolute errors of 13.68.Please note that although there have been many attempts to predict Edenred 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 Edenred Malakoff's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Edenred Malakoff Pink Sheet Forecast Pattern
| Backtest Edenred Malakoff | Edenred Malakoff Price Prediction | Buy or Sell Advice |
Edenred Malakoff Forecasted Value
In the context of forecasting Edenred Malakoff'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. Edenred Malakoff's downside and upside margins for the forecasting period are 7.60 and 13.48, respectively. We have considered Edenred Malakoff'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Edenred Malakoff pink sheet data series using in forecasting. Note that when a statistical model is used to represent Edenred Malakoff 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.| AIC | Akaike Information Criteria | 117.4598 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2207 |
| MAPE | Mean absolute percentage error | 0.0192 |
| SAE | Sum of the absolute errors | 13.681 |
Predictive Modules for Edenred Malakoff
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edenred Malakoff ADR. 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.Edenred Malakoff After-Hype Price Prediction Density Analysis
As far as predicting the price of Edenred Malakoff 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 Edenred Malakoff 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 Edenred Malakoff, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Edenred Malakoff Estimiated After-Hype Price Volatility
In the context of predicting Edenred Malakoff's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Edenred Malakoff's historical news coverage. Edenred Malakoff's after-hype downside and upside margins for the prediction period are 7.26 and 13.14, respectively. We have considered Edenred Malakoff'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
Edenred Malakoff is somewhat reliable at this time. Analysis and calculation of next after-hype price of Edenred Malakoff ADR is based on 3 months time horizon.
Edenred Malakoff Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Edenred Malakoff is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Edenred Malakoff 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 Edenred Malakoff, 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 |
0.56 | 2.94 | 0.57 | 0.06 | 3 Events / Month | 0 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
10.20 | 10.20 | 0.00 |
|
Edenred Malakoff Hype Timeline
Edenred Malakoff ADR is currently traded for 10.20. The entity has historical hype elasticity of 0.57, and average elasticity to hype of competition of 0.06. Edenred 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 over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at -0.56%. %. The volatility of related hype on Edenred Malakoff is about 2882.35%, with the expected price after the next announcement by competition of 10.26. The company has Price/Earnings To Growth (PEG) ratio of 1.8. Edenred Malakoff ADR last dividend was issued on the 3rd of June 2022. Assuming the 90 days horizon the next expected press release will be in about 3 days. Check out Historical Fundamental Analysis of Edenred Malakoff to cross-verify your projections.Edenred Malakoff Related Hype Analysis
Having access to credible news sources related to Edenred Malakoff's direct competition is more important than ever and may enhance your ability to predict Edenred Malakoff's future price movements. Getting to know how Edenred Malakoff'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 Edenred Malakoff may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MPFRY | Mapfre SA ADR | 0.00 | 0 per month | 0.00 | (0.03) | 4.62 | (5.19) | 19.33 | |
| SREDY | Storebrand ASA ADR | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SLMAF | Sanlam Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CHBAY | Chiba Bank Ltd | 0.00 | 0 per month | 0.00 | 0.1 | 0.00 | 0.00 | 14.90 | |
| AGRPF | Absa Group Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CCRDF | Concordia Financial Group | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BZLYF | Beazley plc | 0.00 | 0 per month | 1.75 | 0.09 | 4.05 | (3.41) | 36.12 | |
| NDBKY | Nedbank Group | 0.00 | 0 per month | 1.36 | 0.18 | 2.69 | (2.39) | 6.74 | |
| BNMDF | Banca Mediolanum SpA | 1.02 | 3 per month | 0.00 | 0.09 | 0.00 | 0.00 | 31.83 | |
| FNBKY | FinecoBank Banca Fineco | 0.00 | 0 per month | 0.00 | 0.13 | 0.00 | 0.00 | 12.11 |
Other Forecasting Options for Edenred Malakoff
For every potential investor in Edenred, whether a beginner or expert, Edenred Malakoff's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Edenred Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Edenred. Basic forecasting techniques help filter out the noise by identifying Edenred Malakoff's price trends.Edenred Malakoff 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 Edenred Malakoff pink sheet to make a market-neutral strategy. Peer analysis of Edenred Malakoff could also be used in its relative valuation, which is a method of valuing Edenred Malakoff by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Edenred Malakoff Market Strength Events
Market strength indicators help investors to evaluate how Edenred Malakoff 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 Edenred Malakoff shares will generate the highest return on investment. By undertsting and applying Edenred Malakoff pink sheet market strength indicators, traders can identify Edenred Malakoff ADR entry and exit signals to maximize returns.
| Accumulation Distribution | 158.1 | |||
| Daily Balance Of Power | (3.12) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 10.28 | |||
| Day Typical Price | 10.25 | |||
| Price Action Indicator | (0.33) | |||
| Period Momentum Indicator | (0.50) |
Edenred Malakoff Risk Indicators
The analysis of Edenred Malakoff'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 Edenred Malakoff's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edenred 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.
| Mean Deviation | 2.54 | |||
| Standard Deviation | 3.81 | |||
| Variance | 14.51 |
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 Edenred Malakoff
The number of cover stories for Edenred Malakoff depends on current market conditions and Edenred Malakoff's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Edenred Malakoff 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 Edenred Malakoff'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
Story Categories
Currently Trending Categories
Edenred Malakoff Short Properties
Edenred Malakoff's future price predictability will typically decrease when Edenred Malakoff's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Edenred Malakoff ADR often depends not only on the future outlook of the potential Edenred Malakoff'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. Edenred Malakoff's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 526.1 M | |
| Cash And Short Term Investments | 2.7 B |
Additional Tools for Edenred Pink Sheet Analysis
When running Edenred Malakoff's price analysis, check to measure Edenred Malakoff'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 Edenred Malakoff is operating at the current time. Most of Edenred Malakoff's value examination focuses on studying past and present price action to predict the probability of Edenred Malakoff's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edenred Malakoff's price. Additionally, you may evaluate how the addition of Edenred Malakoff to your portfolios can decrease your overall portfolio volatility.