Fitell Ordinary Stock Forecast - Naive Prediction
| FTEL Stock | 3.37 0.32 10.49% |
The Naive Prediction forecasted value of Fitell Ordinary on the next trading day is expected to be 3.54 with a mean absolute deviation of 0.79 and the sum of the absolute errors of 48.81. Fitell Stock Forecast is based on your current time horizon. Although Fitell Ordinary's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Fitell Ordinary's systematic risk associated with finding meaningful patterns of Fitell Ordinary fundamentals over time.
As of now the value of rsi of Fitell Ordinary'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 Revenue Growth 0.089 |
Using Fitell Ordinary hype-based prediction, you can estimate the value of Fitell Ordinary from the perspective of Fitell Ordinary response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Fitell Ordinary on the next trading day is expected to be 3.54 with a mean absolute deviation of 0.79 and the sum of the absolute errors of 48.81. Fitell Ordinary after-hype prediction price | USD 3.37 |
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 Fitell Ordinary to cross-verify your projections. Fitell Ordinary Additional Predictive Modules
Most predictive techniques to examine Fitell price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fitell using various technical indicators. When you analyze Fitell 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 |
Fitell Ordinary Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Fitell Ordinary's financial statements, predicting their influence on future market prices.
Cash | First Reported 2020-09-30 | Previous Quarter 2.9 M | Current Value 2.9 M | Quarterly Volatility 1.6 M |
Fitell Ordinary Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of Fitell Ordinary on the next trading day is expected to be 3.54 with a mean absolute deviation of 0.79, mean absolute percentage error of 1.50, and the sum of the absolute errors of 48.81.Please note that although there have been many attempts to predict Fitell 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 Fitell Ordinary's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fitell Ordinary Stock Forecast Pattern
| Backtest Fitell Ordinary | Fitell Ordinary Price Prediction | Buy or Sell Advice |
Fitell Ordinary Forecasted Value
In the context of forecasting Fitell Ordinary'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. Fitell Ordinary's downside and upside margins for the forecasting period are 0.03 and 15.60, respectively. We have considered Fitell Ordinary'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 Fitell Ordinary stock data series using in forecasting. Note that when a statistical model is used to represent Fitell Ordinary 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 | 120.3516 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.7872 |
| MAPE | Mean absolute percentage error | 0.103 |
| SAE | Sum of the absolute errors | 48.8088 |
Predictive Modules for Fitell Ordinary
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fitell Ordinary. 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 Fitell Ordinary'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.
Fitell Ordinary After-Hype Price Prediction Density Analysis
As far as predicting the price of Fitell Ordinary 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 Fitell Ordinary 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 Fitell Ordinary, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Fitell Ordinary Estimiated After-Hype Price Volatility
In the context of predicting Fitell Ordinary's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fitell Ordinary's historical news coverage. Fitell Ordinary's after-hype downside and upside margins for the prediction period are 0.17 and 15.34, respectively. We have considered Fitell Ordinary'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
Fitell Ordinary is dangerous at this time. Analysis and calculation of next after-hype price of Fitell Ordinary is based on 3 months time horizon.
Fitell Ordinary Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Fitell Ordinary is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fitell Ordinary 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 Fitell Ordinary, 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 |
2.75 | 12.06 | 11.91 | 0.48 | 5 Events / Month | 6 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.37 | 3.37 | 0.00 |
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Fitell Ordinary Hype Timeline
Fitell Ordinary is currently traded for 3.37. The entity has historical hype elasticity of -11.91, and average elasticity to hype of competition of 0.48. Fitell 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -2.75%. %. The volatility of related hype on Fitell Ordinary is about 6931.03%, with the expected price after the next announcement by competition of 3.85. The company has price-to-book (P/B) ratio of 0.4. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fitell Ordinary recorded a loss per share of 4.24. The entity last dividend was issued on the 30th of December 2025. The firm had 1:8 split on the 8th of January 2026. Given the investment horizon of 90 days the next forecasted press release will be in about 5 days. Check out Historical Fundamental Analysis of Fitell Ordinary to cross-verify your projections.Fitell Ordinary Related Hype Analysis
Having access to credible news sources related to Fitell Ordinary's direct competition is more important than ever and may enhance your ability to predict Fitell Ordinary's future price movements. Getting to know how Fitell Ordinary'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 Fitell Ordinary may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| JWEL | Jowell Global | 0.17 | 8 per month | 4.40 | 0.08 | 10.14 | (6.79) | 41.90 | |
| NAAS | Naas Technology ADR | 0.14 | 4 per month | 2.71 | (0.01) | 5.57 | (4.57) | 20.65 | |
| WBUY | WEBUY GLOBAL LTD | 0.13 | 25 per month | 9.52 | 0.02 | 22.73 | (11.74) | 153.14 | |
| JFBR | Jeffs Brands | 0.13 | 8 per month | 0.00 | (0.06) | 13.75 | (15.53) | 166.56 | |
| NVVE | Nuvve Holding Corp | 0.13 | 10 per month | 12.00 | 0.02 | 34.19 | (20.38) | 250.51 | |
| ECDA | ECD Automotive Design | (0.11) | 9 per month | 0.00 | (0.40) | 9.66 | (27.61) | 138.90 | |
| TRNR | Interactive Strength Common | (0.14) | 10 per month | 0.00 | (0.28) | 8.00 | (15.00) | 40.82 | |
| EJH | E Home Household Service | (0.01) | 10 per month | 0.00 | (0.03) | 9.89 | (7.07) | 33.96 | |
| BQ | Boqii Holding Limited | 1.26 | 15 per month | 0.00 | (0.02) | 20.00 | (13.19) | 190.16 | |
| WNW | Meiwu Technology Co | 0.04 | 3 per month | 0.00 | (0.05) | 7.19 | (10.16) | 25.24 |
Other Forecasting Options for Fitell Ordinary
For every potential investor in Fitell, whether a beginner or expert, Fitell Ordinary's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fitell Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fitell. Basic forecasting techniques help filter out the noise by identifying Fitell Ordinary's price trends.Fitell Ordinary 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 Fitell Ordinary stock to make a market-neutral strategy. Peer analysis of Fitell Ordinary could also be used in its relative valuation, which is a method of valuing Fitell Ordinary by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fitell Ordinary Market Strength Events
Market strength indicators help investors to evaluate how Fitell Ordinary stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fitell Ordinary shares will generate the highest return on investment. By undertsting and applying Fitell Ordinary stock market strength indicators, traders can identify Fitell Ordinary entry and exit signals to maximize returns.
| Accumulation Distribution | 36962.88 | |||
| Daily Balance Of Power | 0.8205 | |||
| Rate Of Daily Change | 1.1 | |||
| Day Median Price | 3.36 | |||
| Day Typical Price | 3.36 | |||
| Price Action Indicator | 0.18 | |||
| Period Momentum Indicator | 0.32 |
Fitell Ordinary Risk Indicators
The analysis of Fitell Ordinary'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 Fitell Ordinary's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fitell 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 | 7.9 | |||
| Standard Deviation | 11.58 | |||
| Variance | 134.16 |
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 Fitell Ordinary
The number of cover stories for Fitell Ordinary depends on current market conditions and Fitell Ordinary's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Fitell Ordinary 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 Fitell Ordinary'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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Fitell Ordinary Short Properties
Fitell Ordinary's future price predictability will typically decrease when Fitell Ordinary's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Fitell Ordinary often depends not only on the future outlook of the potential Fitell Ordinary'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. Fitell Ordinary's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 159.7 K | |
| Cash And Short Term Investments | 2.9 M |
Check out Historical Fundamental Analysis of Fitell Ordinary to cross-verify your projections. For more information on how to buy Fitell Stock please use our How to buy in Fitell Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fitell Ordinary. If investors know Fitell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fitell Ordinary listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.24) | Revenue Per Share | Quarterly Revenue Growth 0.089 | Return On Assets | Return On Equity |
The market value of Fitell Ordinary is measured differently than its book value, which is the value of Fitell that is recorded on the company's balance sheet. Investors also form their own opinion of Fitell Ordinary's value that differs from its market value or its book value, called intrinsic value, which is Fitell Ordinary's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fitell Ordinary's market value can be influenced by many factors that don't directly affect Fitell Ordinary's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fitell Ordinary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fitell Ordinary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fitell Ordinary's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.