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 |
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.
Fintech |
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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Select | Fintech Select Price Prediction | Buy 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.
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.| AIC | Akaike Information Criteria | 111.3343 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0112 |
| MAPE | Mean absolute percentage error | 0.2712 |
| SAE | Sum of the absolute errors | 0.6932 |
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.
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
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 Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.58 | 10.73 | 0.00 | 9.53 | 6 Events / Month | 1 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.07 | 0.08 | 6.67 |
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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.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NFLX | Netflix Inc CDR | 0.48 | 3 per month | 0.00 | (0.33) | 1.80 | (4.00) | 10.34 | |
| NVDA | NVIDIA CDR | (0.55) | 1 per month | 1.87 | (0.04) | 3.08 | (3.45) | 9.47 | |
| NVDA | Nvidia CDR | 0.19 | 1 per month | 1.87 | (0.04) | 3.08 | (3.45) | 9.47 | |
| AAPL | Apple Inc CDR | (33.03) | 7 per month | 0.00 | (0.16) | 2.07 | (1.78) | 6.51 | |
| MSFT | Microsoft Corp CDR | (0.08) | 7 per month | 0.00 | (0.25) | 1.78 | (2.63) | 5.02 | |
| MSFT | Microsoft CDR | (0.05) | 4 per month | 0.00 | (0.25) | 1.79 | (2.63) | 5.02 | |
| AAPL | Apple CDR | (0.52) | 4 per month | 0.00 | (0.16) | 2.07 | (1.78) | 6.51 | |
| AMZN | Amazon CDR | 0.00 | 0 per month | 1.63 | 0.01 | 2.85 | (2.70) | 13.75 | |
| AMZN | Amazon CDR | (26.99) | 7 per month | 1.63 | 0.01 | 2.85 | (2.70) | 13.75 | |
| META | Meta 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.
| Accumulation Distribution | 6441.18 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.0775 | |||
| Day Typical Price | 0.0767 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
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.
| Mean Deviation | 5.57 | |||
| Semi Deviation | 5.9 | |||
| Standard Deviation | 10.32 | |||
| Variance | 106.48 | |||
| Downside Variance | 405.96 | |||
| Semi Variance | 34.76 | |||
| Expected Short fall | (21.87) |
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.
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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.