Element Global Stock Forecast - Double Exponential Smoothing
| ELGL Stock | USD 0.0001 0.00 0.000003% |
Element Stock outlook is based on your current time horizon. Although Element Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Element Global's systematic risk associated with finding meaningful patterns of Element Global fundamentals over time.
As of now the relative strength index (rsi) of Element Global's share price is below 20 suggesting that the 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 |
Quarterly Revenue Growth (0.94) |
Using Element Global hype-based prediction, you can estimate the value of Element Global from the perspective of Element Global response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Element Global on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Element Global after-hype prediction price | USD 1.0E-4 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Element Global to cross-verify your projections. Element Global Additional Predictive Modules
Most predictive techniques to examine Element price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Element using various technical indicators. When you analyze Element 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 |
Element Global Double Exponential Smoothing Price Forecast For the 30th of January
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Element Global on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Element 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 Element Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Element Global Stock Forecast Pattern
| Backtest Element Global | Element Global Price Prediction | Buy or Sell Advice |
Element Global Forecasted Value
In the context of forecasting Element Global's 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. Element Global's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Element Global'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Element Global stock data series using in forecasting. Note that when a statistical model is used to represent Element Global 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 | Huge |
| 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 Element Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Element Global. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Element Global After-Hype Price Density Analysis
As far as predicting the price of Element Global 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 Element Global 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 Stock prices, such as prices of Element Global, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Element Global Estimiated After-Hype Price Volatility
In the context of predicting Element Global's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Element Global's historical news coverage. Element Global's after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered Element Global'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
Element Global is very steady at this time. Analysis and calculation of next after-hype price of Element Global is based on 3 months time horizon.
Element Global Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Element Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Element Global 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 Stock 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 Element Global, 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 | 5 Events / Month | 1 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.0001 | 0.0001 | 0.00 |
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Element Global Hype Timeline
Element Global is currently traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Element is forecasted 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 forecasted to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Element Global is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company had not issued any dividends in recent years. Element Global had 1:75 split on the 24th of March 2010. Given the investment horizon of 90 days the next forecasted press release will be in about 5 days. Check out Historical Fundamental Analysis of Element Global to cross-verify your projections.Element Global Related Hype Analysis
Having access to credible news sources related to Element Global's direct competition is more important than ever and may enhance your ability to predict Element Global's future price movements. Getting to know how Element Global'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 Element Global may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BNIGF | Beroni Group Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| PCTL | PCT | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CIRX | CirTran | 0.00 | 0 per month | 9.82 | 0.11 | 40.00 | (25.71) | 132.10 | |
| SPGX | Sustainable Projects Group | 0.00 | 1 per month | 0.00 | 0.12 | 0.00 | 0.00 | 150.00 | |
| SHCC | Shi Corporation | 0.00 | 6 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MYFT | MyFreightWorld Technologies | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| DLOC | Digital Locations | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| DGWR | Critic Clothing | (0.01) | 2 per month | 0.00 | (0.1) | 0.00 | 0.00 | 123.33 | |
| WARM | Cool Technologies | 0.00 | 5 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| RGDEF | RDX Technologies Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Element Global
For every potential investor in Element, whether a beginner or expert, Element Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Element Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Element. Basic forecasting techniques help filter out the noise by identifying Element Global's price trends.Element Global 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 Element Global stock to make a market-neutral strategy. Peer analysis of Element Global could also be used in its relative valuation, which is a method of valuing Element Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Element Global Market Strength Events
Market strength indicators help investors to evaluate how Element Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Element Global shares will generate the highest return on investment. By undertsting and applying Element Global stock market strength indicators, traders can identify Element Global entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Story Coverage note for Element Global
The number of cover stories for Element Global depends on current market conditions and Element Global's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Element Global 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 Element Global'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
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Check out Historical Fundamental Analysis of Element Global to cross-verify your projections. For more information on how to buy Element Stock please use our How to buy in Element Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Element Global. Projected growth potential of Element fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Element Global assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share 0.004 | Revenue Per Share | Quarterly Revenue Growth (0.94) | Return On Assets | Return On Equity |
Investors evaluate Element Global using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Element Global's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Element Global's market price to deviate significantly from intrinsic value.
It's important to distinguish between Element Global's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Element Global should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Element Global's market price signifies the transaction level at which participants voluntarily complete trades.