Frmo Corp Pink Sheet Forecast - Naive Prediction
| FRMO Stock | USD 7.43 0.28 3.63% |
Frmo Pink Sheet outlook is based on your current time horizon.
As of today, the relative strength index (RSI) of Frmo Corp's share price is approaching 46. This usually indicates that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Frmo Corp, making its price go up or down. Momentum 46
Impartial
Oversold | Overbought |
Using Frmo Corp hype-based prediction, you can estimate the value of Frmo Corp from the perspective of Frmo Corp response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Frmo Corp on the next trading day is expected to be 7.64 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.13. Frmo Corp after-hype prediction price | USD 7.43 |
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.
Frmo |
Frmo Corp Additional Predictive Modules
Most predictive techniques to examine Frmo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Frmo using various technical indicators. When you analyze Frmo 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 |
Frmo Corp Naive Prediction Price Forecast For the 27th of January
Given 90 days horizon, the Naive Prediction forecasted value of Frmo Corp on the next trading day is expected to be 7.64 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.13.Please note that although there have been many attempts to predict Frmo 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 Frmo Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Frmo Corp Pink Sheet Forecast Pattern
| Backtest Frmo Corp | Frmo Corp Price Prediction | Buy or Sell Advice |
Frmo Corp Forecasted Value
In the context of forecasting Frmo Corp'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. Frmo Corp's downside and upside margins for the forecasting period are 5.63 and 9.65, respectively. We have considered Frmo Corp'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Frmo Corp pink sheet data series using in forecasting. Note that when a statistical model is used to represent Frmo Corp 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 | 114.0477 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1005 |
| MAPE | Mean absolute percentage error | 0.0132 |
| SAE | Sum of the absolute errors | 6.1289 |
Predictive Modules for Frmo 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 Frmo Corp. 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.Frmo Corp After-Hype Price Density Analysis
As far as predicting the price of Frmo 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 Frmo 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 Pink Sheet prices, such as prices of Frmo Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Frmo Corp Estimiated After-Hype Price Volatility
In the context of predicting Frmo Corp's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Frmo Corp's historical news coverage. Frmo Corp's after-hype downside and upside margins for the prediction period are 5.44 and 9.42, respectively. We have considered Frmo 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
Frmo Corp is somewhat reliable at this time. Analysis and calculation of next after-hype price of Frmo Corp is based on 3 months time horizon.
Frmo Corp Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Frmo Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Frmo 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 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 Frmo 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 |
0.17 | 2.01 | 0.00 | 0.01 | 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 | |
7.43 | 7.43 | 0.00 |
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Frmo Corp Hype Timeline
Frmo Corp is currently traded for 7.43. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Frmo is expected 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 expected to be very small, whereas the daily expected return is currently at -0.17%. %. The volatility of related hype on Frmo Corp is about 3140.63%, with the expected price after the next announcement by competition of 7.42. The company had not issued any dividends in recent years. Frmo Corp had 1:100 split on the 27th of January 2012. Given the investment horizon of 90 days the next expected press release will be in a few days. Check out Historical Fundamental Analysis of Frmo Corp to cross-verify your projections.Frmo Corp Related Hype Analysis
Having access to credible news sources related to Frmo Corp's direct competition is more important than ever and may enhance your ability to predict Frmo Corp's future price movements. Getting to know how Frmo 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 Frmo Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FNCSF | North American Financial | 0.00 | 0 per month | 2.88 | 0.09 | 3.95 | (3.65) | 25.61 | |
| SRXXF | SPARX Group Co | (0.58) | 3 per month | 0.00 | 0.09 | 0.00 | 0.00 | 17.02 | |
| LFBCF | Life Banc Split | 0.00 | 0 per month | 0.00 | 0.09 | 1.05 | 0.00 | 5.43 | |
| CNDCF | Canadian Banc Corp | (0.06) | 55 per month | 3.90 | 0.05 | 11.29 | (9.62) | 25.34 | |
| IPXAF | Impax Asset Management | 0.00 | 0 per month | 0.00 | (0.02) | 2.45 | (6.42) | 46.84 | |
| FRRPF | Fiera Capital | 0.00 | 0 per month | 1.36 | (0.02) | 1.86 | (3.27) | 10.42 | |
| ABGSF | ABG Sundal Collier | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 13.24 | |
| CNND | Canandaigua National | 0.00 | 0 per month | 0.00 | 0.08 | 2.42 | 0.00 | 9.26 | |
| AMIVF | Atrium Mortgage Investment | 0.00 | 0 per month | 0.00 | (0.11) | 1.39 | (1.47) | 8.04 | |
| DDWWF | Dividend Growth Split | 0.00 | 0 per month | 9.29 | 0.06 | 31.07 | (23.70) | 66.76 |
Other Forecasting Options for Frmo Corp
For every potential investor in Frmo, whether a beginner or expert, Frmo Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Frmo Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Frmo. Basic forecasting techniques help filter out the noise by identifying Frmo Corp's price trends.Frmo 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 Frmo Corp pink sheet to make a market-neutral strategy. Peer analysis of Frmo Corp could also be used in its relative valuation, which is a method of valuing Frmo Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Frmo Corp Market Strength Events
Market strength indicators help investors to evaluate how Frmo Corp 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 Frmo Corp shares will generate the highest return on investment. By undertsting and applying Frmo Corp pink sheet market strength indicators, traders can identify Frmo Corp entry and exit signals to maximize returns.
Frmo Corp Risk Indicators
The analysis of Frmo Corp'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 Frmo Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting frmo 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 | 1.56 | |||
| Standard Deviation | 1.98 | |||
| Variance | 3.92 |
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 Frmo Corp
The number of cover stories for Frmo Corp depends on current market conditions and Frmo 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 Frmo 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 Frmo 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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Other Information on Investing in Frmo Pink Sheet
Frmo Corp financial ratios help investors to determine whether Frmo Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Frmo with respect to the benefits of owning Frmo Corp security.