Engie SA Pink Sheet Forward View - Simple Regression
| ENGIY Stock | USD 29.70 0.11 0.37% |
Engie Pink Sheet outlook is based on your current time horizon.
The relative strength index (RSI) of Engie SA's share price is above 70 at this time 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 Engie, making its price go up or down. Momentum 77
Buy Stretched
Oversold | Overbought |
Using Engie SA hype-based prediction, you can estimate the value of Engie SA ADR from the perspective of Engie SA response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Engie SA ADR on the next trading day is expected to be 28.80 with a mean absolute deviation of 0.49 and the sum of the absolute errors of 29.65. Engie SA after-hype prediction price | USD 29.7 |
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.
Engie |
Engie SA Additional Predictive Modules
Most predictive techniques to examine Engie price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Engie using various technical indicators. When you analyze Engie 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 |
Engie SA Simple Regression Price Forecast For the 3rd of February
Given 90 days horizon, the Simple Regression forecasted value of Engie SA ADR on the next trading day is expected to be 28.80 with a mean absolute deviation of 0.49, mean absolute percentage error of 0.35, and the sum of the absolute errors of 29.65.Please note that although there have been many attempts to predict Engie Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Engie SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Engie SA Pink Sheet Forecast Pattern
| Backtest Engie SA | Engie SA Price Prediction | Research Analysis |
Engie SA Forecasted Value
In the context of forecasting Engie SA'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. Engie SA's downside and upside margins for the forecasting period are 27.84 and 29.76, respectively. We have considered Engie SA'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 Regression forecasting method's relative quality and the estimations of the prediction error of Engie SA pink sheet data series using in forecasting. Note that when a statistical model is used to represent Engie SA 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 | 117.0576 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4861 |
| MAPE | Mean absolute percentage error | 0.0183 |
| SAE | Sum of the absolute errors | 29.6538 |
Predictive Modules for Engie SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Engie SA 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.Engie SA After-Hype Price Density Analysis
As far as predicting the price of Engie SA 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 Engie SA 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 Engie SA, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Engie SA Estimiated After-Hype Price Volatility
In the context of predicting Engie SA's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Engie SA's historical news coverage. Engie SA's after-hype downside and upside margins for the prediction period are 28.75 and 30.65, respectively. We have considered Engie SA'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Engie SA is very steady at this time. Analysis and calculation of next after-hype price of Engie SA ADR is based on 3 months time horizon.
Engie SA Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Engie SA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Engie SA 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 Engie SA, 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 |
0.36 | 0.96 | 0.00 | 0.07 | 0 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
29.70 | 29.70 | 0.00 |
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Engie SA Hype Timeline
Engie SA ADR is currently traded for 29.70. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.07. Engie 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 0.36%. %. The volatility of related hype on Engie SA is about 484.85%, with the expected price after the next announcement by competition of 29.63. The company has price-to-book (P/B) ratio of 0.76. Some equities with similar Price to Book (P/B) outperform the market in the long run. Engie SA ADR last dividend was issued on the 25th of April 2022. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Engie SA to cross-verify your projections.Engie SA Related Hype Analysis
Having access to credible news sources related to Engie SA's direct competition is more important than ever and may enhance your ability to predict Engie SA's future price movements. Getting to know how Engie SA'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 Engie SA may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ENAKF | EON SE | 0.00 | 0 per month | 2.54 | 0.06 | 5.77 | (6.80) | 21.06 | |
| EONGY | EON SE ADR | (0.99) | 6 per month | 1.05 | 0.11 | 2.01 | (1.78) | 6.90 | |
| RWEOY | RWE AG PK | 0.00 | 0 per month | 0.68 | 0.25 | 2.61 | (1.51) | 11.95 | |
| RWNFF | RWE Aktiengesellschaft | 0.00 | 0 per month | 1.38 | 0.23 | 3.48 | (2.46) | 10.58 | |
| SSEZY | SSE PLC ADR | 0.00 | 0 per month | 0.82 | 0.18 | 2.14 | (1.75) | 18.59 | |
| SSEZF | SSE plc | (0.99) | 3 per month | 2.56 | 0.13 | 6.56 | (6.16) | 31.16 | |
| ELEZY | Endesa SA ADR | 0.00 | 0 per month | 1.10 | 0.09 | 2.01 | (2.06) | 6.53 | |
| ELCPF | EDP Energias | 0.00 | 0 per month | 0.00 | (0.05) | 3.30 | (3.61) | 17.04 | |
| EDPFY | EDP Energias de | 0.00 | 0 per month | 1.72 | 0 | 2.05 | (1.96) | 7.65 | |
| ESOCF | Enel SpA | 0.00 | 0 per month | 2.00 | 0.08 | 4.63 | (3.38) | 10.07 |
Other Forecasting Options for Engie SA
For every potential investor in Engie, whether a beginner or expert, Engie SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Engie Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Engie. Basic forecasting techniques help filter out the noise by identifying Engie SA's price trends.Engie SA 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 Engie SA pink sheet to make a market-neutral strategy. Peer analysis of Engie SA could also be used in its relative valuation, which is a method of valuing Engie SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Engie SA Market Strength Events
Market strength indicators help investors to evaluate how Engie SA 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 Engie SA shares will generate the highest return on investment. By undertsting and applying Engie SA pink sheet market strength indicators, traders can identify Engie SA ADR entry and exit signals to maximize returns.
Engie SA Risk Indicators
The analysis of Engie SA'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 Engie SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting engie 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 | 0.7318 | |||
| Semi Deviation | 0.3027 | |||
| Standard Deviation | 0.9408 | |||
| Variance | 0.8851 | |||
| Downside Variance | 0.6845 | |||
| Semi Variance | 0.0916 | |||
| Expected Short fall | (0.95) |
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 Engie SA
The number of cover stories for Engie SA depends on current market conditions and Engie SA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Engie SA 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 Engie SA'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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Engie SA Short Properties
Engie SA's future price predictability will typically decrease when Engie SA's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Engie SA ADR often depends not only on the future outlook of the potential Engie SA'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. Engie SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.4 B | |
| Cash And Short Term Investments | 14.2 B |
Additional Tools for Engie Pink Sheet Analysis
When running Engie SA's price analysis, check to measure Engie SA'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 Engie SA is operating at the current time. Most of Engie SA's value examination focuses on studying past and present price action to predict the probability of Engie SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Engie SA's price. Additionally, you may evaluate how the addition of Engie SA to your portfolios can decrease your overall portfolio volatility.