Famous Brands Pink Sheet Forecast - Simple Exponential Smoothing
| FMBRY Stock | USD 6.60 0.00 0.00% |
The Simple Exponential Smoothing forecasted value of Famous Brands Ltd on the next trading day is expected to be 6.60 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.34. Famous Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Famous Brands' share price is below 20 . This usually indicates 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 Famous Brands hype-based prediction, you can estimate the value of Famous Brands Ltd from the perspective of Famous Brands response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Famous Brands Ltd on the next trading day is expected to be 6.60 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.34. Famous Brands after-hype prediction price | USD 6.6 |
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.
Famous |
Famous Brands Additional Predictive Modules
Most predictive techniques to examine Famous price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Famous using various technical indicators. When you analyze Famous 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 | ||
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| Volatility Indicators | ||
| Volume Indicators |
Famous Brands Simple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Famous Brands Ltd on the next trading day is expected to be 6.60 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.01, and the sum of the absolute errors of 1.34.Please note that although there have been many attempts to predict Famous 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 Famous Brands' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Famous Brands Pink Sheet Forecast Pattern
| Backtest Famous Brands | Famous Brands Price Prediction | Buy or Sell Advice |
Famous Brands Forecasted Value
In the context of forecasting Famous Brands' 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. Famous Brands' downside and upside margins for the forecasting period are 4.77 and 8.43, respectively. We have considered Famous Brands' 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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Famous Brands pink sheet data series using in forecasting. Note that when a statistical model is used to represent Famous Brands 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 | 113.6447 |
| Bias | Arithmetic mean of the errors | -0.0157 |
| MAD | Mean absolute deviation | 0.022 |
| MAPE | Mean absolute percentage error | 0.0034 |
| SAE | Sum of the absolute errors | 1.34 |
Predictive Modules for Famous Brands
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Famous Brands. 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.Famous Brands After-Hype Price Prediction Density Analysis
As far as predicting the price of Famous Brands 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 Famous Brands 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 Famous Brands, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Famous Brands Estimiated After-Hype Price Volatility
In the context of predicting Famous Brands' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Famous Brands' historical news coverage. Famous Brands' after-hype downside and upside margins for the prediction period are 4.77 and 8.43, respectively. We have considered Famous Brands' 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
Famous Brands is not too volatile at this time. Analysis and calculation of next after-hype price of Famous Brands is based on 3 months time horizon.
Famous Brands Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Famous Brands is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Famous Brands 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 Famous Brands, 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 |
0.27 | 1.83 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
6.60 | 6.60 | 0.00 |
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Famous Brands Hype Timeline
Famous Brands is currently traded for 6.60. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Famous is projected 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 projected to be very small, whereas the daily expected return is currently at 0.27%. %. The volatility of related hype on Famous Brands is about 0.0%, with the expected price after the next announcement by competition of 6.60. The company last dividend was issued on the 8th of December 2022. Assuming the 90 days horizon the next projected press release will be in a few days. Check out Historical Fundamental Analysis of Famous Brands to cross-verify your projections.Famous Brands Related Hype Analysis
Having access to credible news sources related to Famous Brands' direct competition is more important than ever and may enhance your ability to predict Famous Brands' future price movements. Getting to know how Famous Brands' 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 Famous Brands may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PZRIF | Pizza Pizza Royalty | 0.00 | 0 per month | 1.63 | (0.02) | 1.53 | (1.32) | 10.57 | |
| MRTPY | Marstons PLC | 0.00 | 1 per month | 0.00 | 0.12 | 0.00 | 0.00 | 50.51 | |
| BYNEF | Banyan Tree Holdings | 0.00 | 2 per month | 0.00 | (0.12) | 8.11 | (12.50) | 2,067 | |
| GBBYF | Goodbaby International Holdings | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CDGXY | China Dongxiang Group | 0.00 | 0 per month | 0.00 | 0.11 | 7.45 | 0.00 | 37.00 | |
| BHHOF | Boohoo Group Plc | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GRDZF | Giordano International Limited | 0.00 | 1 per month | 0.00 | 0.07 | 33.33 | (25.00) | 109.57 | |
| MARZF | Marstons PLC | 0.00 | 0 per month | 0.00 | 0.13 | 3.75 | 0.00 | 28.78 | |
| DCOHF | Dickson Concepts Limited | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 16.92 | |
| IOCJY | Iochpe Maxion SA | 0.00 | 0 per month | 0.00 | (0.03) | 0.00 | 0.00 | 25.10 |
Other Forecasting Options for Famous Brands
For every potential investor in Famous, whether a beginner or expert, Famous Brands' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Famous Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Famous. Basic forecasting techniques help filter out the noise by identifying Famous Brands' price trends.Famous Brands 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 Famous Brands pink sheet to make a market-neutral strategy. Peer analysis of Famous Brands could also be used in its relative valuation, which is a method of valuing Famous Brands by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Famous Brands Market Strength Events
Market strength indicators help investors to evaluate how Famous Brands 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 Famous Brands shares will generate the highest return on investment. By undertsting and applying Famous Brands pink sheet market strength indicators, traders can identify Famous Brands Ltd entry and exit signals to maximize returns.
Famous Brands Risk Indicators
The analysis of Famous Brands' 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 Famous Brands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting famous 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 | 0.5703 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.2 |
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 Famous Brands
The number of cover stories for Famous Brands depends on current market conditions and Famous Brands' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Famous Brands 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 Famous Brands' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Famous Pink Sheet Analysis
When running Famous Brands' price analysis, check to measure Famous Brands' 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 Famous Brands is operating at the current time. Most of Famous Brands' value examination focuses on studying past and present price action to predict the probability of Famous Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Famous Brands' price. Additionally, you may evaluate how the addition of Famous Brands to your portfolios can decrease your overall portfolio volatility.