Fintech Select Stock Forecast - Simple Regression

FTEC Stock  CAD 0.07  0.01  6.25%   
The Simple Regression forecasted value of Fintech Select on the next trading day is expected to be 0.07 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.69. Fintech Stock Forecast is based on your current time horizon.
At this time the relative strength indicator of Fintech Select'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
The successful prediction of Fintech Select's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Fintech Select and does not consider all of the tangible or intangible factors available from Fintech Select's fundamental data. We analyze noise-free headlines and recent hype associated with Fintech Select, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Fintech Select's stock price prediction:
Quarterly Earnings Growth
(0.57)
Quarterly Revenue Growth
(0.27)
Using Fintech Select hype-based prediction, you can estimate the value of Fintech Select from the perspective of Fintech Select response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Fintech Select on the next trading day is expected to be 0.07 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.69.

Fintech Select after-hype prediction price

    
  CAD 0.08  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Fintech Select to cross-verify your projections.

Fintech Select Additional Predictive Modules

Most predictive techniques to examine Fintech price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fintech using various technical indicators. When you analyze Fintech 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Fintech Select price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Fintech Select Simple Regression Price Forecast For the 24th of January

Given 90 days horizon, the Simple Regression forecasted value of Fintech Select on the next trading day is expected to be 0.07 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.69.
Please note that although there have been many attempts to predict Fintech 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 Fintech Select's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fintech Select Stock Forecast Pattern

Backtest Fintech SelectFintech Select Price PredictionBuy or Sell Advice 

Fintech Select Forecasted Value

In the context of forecasting Fintech Select's Stock 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. Fintech Select's downside and upside margins for the forecasting period are 0.0008 and 10.81, respectively. We have considered Fintech Select'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.
Market Value
0.07
0.0008
Downside
0.07
Expected Value
10.81
Upside

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 Fintech Select stock data series using in forecasting. Note that when a statistical model is used to represent Fintech Select 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.
AICAkaike Information Criteria111.3343
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0112
MAPEMean absolute percentage error0.2712
SAESum of the absolute errors0.6932
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Fintech Select historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Fintech Select

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fintech Select. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fintech Select'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
0.000.0810.81
Details
Intrinsic
Valuation
LowRealHigh
0.000.0710.80
Details

Fintech Select After-Hype Price Prediction Density Analysis

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

Fintech Select Estimiated After-Hype Price Volatility

In the context of predicting Fintech Select's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fintech Select's historical news coverage. Fintech Select's after-hype downside and upside margins for the prediction period are 0.00 and 10.81, respectively. We have considered Fintech Select'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
0.07
0.08
After-hype Price
10.81
Upside
Fintech Select is out of control at this time. Analysis and calculation of next after-hype price of Fintech Select is based on 3 months time horizon.

Fintech Select Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Fintech Select is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fintech Select 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 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 Fintech Select, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.58 
10.73
 0.00  
  9.53 
6 Events / Month
1 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.07
0.08
6.67 
0.00  
Notes

Fintech Select Hype Timeline

Fintech Select is currently traded for 0.07on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -9.53. Fintech is forecasted to increase in value after the next headline, with the price projected to jump to 0.08 or above. The average volatility of media hype impact on the company the price is insignificant. The price increase on the next news is anticipated to be 6.67%, whereas the daily expected return is currently at 1.58%. The volatility of related hype on Fintech Select is about 177.88%, with the expected price after the next announcement by competition of -9.45. The company has Profit Margin (PM) of (0.13) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.41) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.41. Assuming the 90 days trading horizon the next forecasted press release will be in about 6 days.
Check out Historical Fundamental Analysis of Fintech Select to cross-verify your projections.

Fintech Select Related Hype Analysis

Having access to credible news sources related to Fintech Select's direct competition is more important than ever and may enhance your ability to predict Fintech Select's future price movements. Getting to know how Fintech Select'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 Fintech Select may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
NFLXNetflix Inc CDR 0.48 3 per month 0.00 (0.33) 1.80 (4.00) 10.34 
NVDANVIDIA CDR(0.55)1 per month 1.87 (0.04) 3.08 (3.45) 9.47 
NVDANvidia CDR 0.19 1 per month 1.87 (0.04) 3.08 (3.45) 9.47 
AAPLApple Inc CDR(33.03)7 per month 0.00 (0.16) 2.07 (1.78) 6.51 
MSFTMicrosoft Corp CDR(0.08)7 per month 0.00 (0.25) 1.78 (2.63) 5.02 
MSFTMicrosoft CDR(0.05)4 per month 0.00 (0.25) 1.79 (2.63) 5.02 
AAPLApple CDR(0.52)4 per month 0.00 (0.16) 2.07 (1.78) 6.51 
AMZNAmazon CDR 0.00 0 per month 1.63  0.01  2.85 (2.70) 13.75 
AMZNAmazon CDR(26.99)7 per month 1.63  0.01  2.85 (2.70) 13.75 
METAMeta Platforms CDR 0.23 1 per month 0.00 (0.13) 3.07 (2.70) 13.05 

Other Forecasting Options for Fintech Select

For every potential investor in Fintech, whether a beginner or expert, Fintech Select's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fintech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fintech. Basic forecasting techniques help filter out the noise by identifying Fintech Select's price trends.

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

Fintech Select Market Strength Events

Market strength indicators help investors to evaluate how Fintech Select stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fintech Select shares will generate the highest return on investment. By undertsting and applying Fintech Select stock market strength indicators, traders can identify Fintech Select entry and exit signals to maximize returns.

Fintech Select Risk Indicators

The analysis of Fintech Select'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 Fintech Select's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fintech stock 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 Fintech Select

The number of cover stories for Fintech Select depends on current market conditions and Fintech Select's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Fintech Select 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 Fintech Select's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for Fintech Stock Analysis

When running Fintech Select's price analysis, check to measure Fintech Select'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 Fintech Select is operating at the current time. Most of Fintech Select's value examination focuses on studying past and present price action to predict the probability of Fintech Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fintech Select's price. Additionally, you may evaluate how the addition of Fintech Select to your portfolios can decrease your overall portfolio volatility.