Enerteck Pink Sheet Forecast - Naive Prediction

ETCKDelisted Stock  USD 0.0001  0.00  0.00%   
The Naive Prediction forecasted value of Enerteck on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.00005 and the sum of the absolute errors of 0. Enerteck Pink Sheet Forecast is based on your current time horizon.
As of now the relative strength index (rsi) of Enerteck'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
The successful prediction of Enerteck's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Enerteck, which may create opportunities for some arbitrage if properly timed.
Using Enerteck hype-based prediction, you can estimate the value of Enerteck from the perspective of Enerteck response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Enerteck on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.00005 and the sum of the absolute errors of 0.

Enerteck after-hype prediction price

    
  USD 1.25E-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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Enerteck Additional Predictive Modules

Most predictive techniques to examine Enerteck price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Enerteck using various technical indicators. When you analyze Enerteck 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.
A naive forecasting model for Enerteck is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Enerteck value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Enerteck Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Enerteck on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.00005, mean absolute percentage error of 0.00000003, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Enerteck 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 Enerteck's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Enerteck Pink Sheet Forecast Pattern

Backtest EnerteckEnerteck Price PredictionBuy or Sell Advice 

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 Enerteck pink sheet data series using in forecasting. Note that when a statistical model is used to represent Enerteck 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 Criteria100.8165
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0E-4
MAPEMean absolute percentage error0.2982
SAESum of the absolute errors0.0031
This model is not at all useful as a medium-long range forecasting tool of Enerteck. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Enerteck. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Enerteck

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enerteck. 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 Enerteck'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
0.000.00010.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0000950.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.00030.00010.0006
Details

Enerteck After-Hype Price Prediction Density Analysis

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

Enerteck Estimiated After-Hype Price Volatility

In the context of predicting Enerteck's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Enerteck's historical news coverage. Enerteck's after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered Enerteck'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
0.0001
0.0001
After-hype Price
0.00
Upside
Enerteck is very steady at this time. Analysis and calculation of next after-hype price of Enerteck is based on 3 months time horizon.

Enerteck Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Enerteck is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Enerteck 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 Enerteck, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
0 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.0001
0.0001
25.00 
0.00  
Notes

Enerteck Hype Timeline

Enerteck 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. Enerteck is forecasted to increase in value after the next headline, with the price projected to jump to 1.25E-4 or above. The average volatility of media hype impact on the company the price is insignificant. The price upswing on the next news is estimated to be 25.0%, whereas the daily expected return is currently at 0.0%. The volatility of related hype on Enerteck is about 0.0%, with the expected price after the next announcement by competition of 0.00. Enerteck currently holds 3.89 M in liabilities. Enerteck has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Enerteck until it has trouble settling it off, either with new capital or with free cash flow. So, Enerteck's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enerteck sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enerteck to invest in growth at high rates of return. When we think about Enerteck's use of debt, we should always consider it together with cash and equity.Given the investment horizon of 90 days the next forecasted press release will be in a few days.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Enerteck Related Hype Analysis

Having access to credible news sources related to Enerteck's direct competition is more important than ever and may enhance your ability to predict Enerteck's future price movements. Getting to know how Enerteck'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 Enerteck may potentially react to the hype associated with one of its peers.

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

Enerteck Market Strength Events

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

Enerteck Risk Indicators

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

The number of cover stories for Enerteck depends on current market conditions and Enerteck's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Enerteck 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 Enerteck'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

Enerteck Short Properties

Enerteck's future price predictability will typically decrease when Enerteck's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Enerteck often depends not only on the future outlook of the potential Enerteck'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. Enerteck's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding36.4 M
Cash And Short Term Investments23.6 K
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Enerteck Pink Sheet

If you are still planning to invest in Enerteck check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Enerteck's history and understand the potential risks before investing.
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