DigiAsia Corp Stock Forecast - Simple Exponential Smoothing
| FAASDelisted Stock | 0.03 0 6.67% |
The Simple Exponential Smoothing forecasted value of DigiAsia Corp on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.34. DigiAsia Stock Forecast is based on your current time horizon.
At this time the value of rsi of DigiAsia Corp's share price is below 20 . This usually indicates 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 |
Using DigiAsia Corp hype-based prediction, you can estimate the value of DigiAsia Corp from the perspective of DigiAsia Corp response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of DigiAsia Corp on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.34. DigiAsia Corp after-hype prediction price | USD 0.032 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
DigiAsia |
DigiAsia Corp Additional Predictive Modules
Most predictive techniques to examine DigiAsia price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for DigiAsia using various technical indicators. When you analyze DigiAsia 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 | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
DigiAsia Corp Simple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of DigiAsia Corp on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.001, and the sum of the absolute errors of 1.34.Please note that although there have been many attempts to predict DigiAsia 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 DigiAsia Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
DigiAsia Corp Stock Forecast Pattern
| Backtest DigiAsia Corp | DigiAsia Corp Price Prediction | Buy or Sell Advice |
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 DigiAsia Corp stock data series using in forecasting. Note that when a statistical model is used to represent DigiAsia Corp 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 | 109.3353 |
| Bias | Arithmetic mean of the errors | 0.0093 |
| MAD | Mean absolute deviation | 0.0223 |
| MAPE | Mean absolute percentage error | 0.096 |
| SAE | Sum of the absolute errors | 1.338 |
Predictive Modules for DigiAsia Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DigiAsia Corp. 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.DigiAsia Corp After-Hype Price Prediction Density Analysis
As far as predicting the price of DigiAsia Corp 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 DigiAsia Corp 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 DigiAsia Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
DigiAsia Corp Estimiated After-Hype Price Volatility
In the context of predicting DigiAsia Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on DigiAsia Corp's historical news coverage. DigiAsia Corp's after-hype downside and upside margins for the prediction period are 0.03 and 0.04, respectively. We have considered DigiAsia Corp'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
DigiAsia Corp is very steady at this time. Analysis and calculation of next after-hype price of DigiAsia Corp is based on 3 months time horizon.
DigiAsia Corp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as DigiAsia Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DigiAsia Corp 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 Delisted 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 DigiAsia Corp, 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 | 2 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.03 | 0.03 | 0.00 |
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DigiAsia Corp Hype Timeline
DigiAsia Corp is currently traded for 0.03. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. DigiAsia 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 DigiAsia Corp is about 0.0%, with the expected price after the next announcement by competition of 0.03. About 61.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.03. Some equities with similar Price to Book (P/B) outperform the market in the long run. DigiAsia Corp recorded a loss per share of 0.11. The entity had not issued any dividends in recent years. 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 nation.DigiAsia Corp Related Hype Analysis
Having access to credible news sources related to DigiAsia Corp's direct competition is more important than ever and may enhance your ability to predict DigiAsia Corp's future price movements. Getting to know how DigiAsia Corp'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 DigiAsia Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| WEJO | Wejo Group | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| VQS | Viq Solutions | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EGIO | Edgio Inc | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| LDTC | LeddarTech Holdings | 0 | 3 per month | 0.00 | (0.17) | 29.87 | (33.82) | 100.69 | |
| VJET | Voxeljet Ag | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FMTO | FMTO New | 0.00 | 0 per month | 19.27 | 0 | 14.35 | (33.40) | 507.61 | |
| BNSOF | Bonso Electronics International | 0.00 | 0 per month | 3.23 | 0.01 | 6.48 | (7.73) | 28.09 | |
| MIND | Mind Technology | (0.06) | 19 per month | 6.67 | (0.01) | 8.99 | (9.24) | 37.32 | |
| NTRP | NextTrip | 0.11 | 10 per month | 6.52 | 0.02 | 12.30 | (11.69) | 56.46 |
DigiAsia Corp 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 DigiAsia Corp stock to make a market-neutral strategy. Peer analysis of DigiAsia Corp could also be used in its relative valuation, which is a method of valuing DigiAsia Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DigiAsia Corp Market Strength Events
Market strength indicators help investors to evaluate how DigiAsia Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DigiAsia Corp shares will generate the highest return on investment. By undertsting and applying DigiAsia Corp stock market strength indicators, traders can identify DigiAsia Corp entry and exit signals to maximize returns.
Story Coverage note for DigiAsia Corp
The number of cover stories for DigiAsia Corp depends on current market conditions and DigiAsia Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that DigiAsia Corp 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 DigiAsia Corp'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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DigiAsia Corp Short Properties
DigiAsia Corp's future price predictability will typically decrease when DigiAsia Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of DigiAsia Corp often depends not only on the future outlook of the potential DigiAsia Corp'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. DigiAsia Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.7 M | |
| Cash And Short Term Investments | 104.9 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 nation. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in DigiAsia Stock
If you are still planning to invest in DigiAsia Corp 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 DigiAsia Corp's history and understand the potential risks before investing.
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