Genting Singapore Pink Sheet Forecast - Naive Prediction
| GIGNY Stock | USD 25.73 0.00 0.00% |
Genting Pink Sheet outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Genting Singapore's share price is approaching 38. 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 Genting Singapore, making its price go up or down. Momentum 38
Sell Extended
Oversold | Overbought |
Using Genting Singapore hype-based prediction, you can estimate the value of Genting Singapore PLC from the perspective of Genting Singapore response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Genting Singapore PLC on the next trading day is expected to be 22.71 with a mean absolute deviation of 1.21 and the sum of the absolute errors of 73.65. Genting Singapore after-hype prediction price | USD 25.73 |
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.
Genting |
Genting Singapore Additional Predictive Modules
Most predictive techniques to examine Genting price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Genting using various technical indicators. When you analyze Genting 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 |
Genting Singapore Naive Prediction Price Forecast For the 28th of January
Given 90 days horizon, the Naive Prediction forecasted value of Genting Singapore PLC on the next trading day is expected to be 22.71 with a mean absolute deviation of 1.21, mean absolute percentage error of 2.21, and the sum of the absolute errors of 73.65.Please note that although there have been many attempts to predict Genting 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 Genting Singapore's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Genting Singapore Pink Sheet Forecast Pattern
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Genting Singapore Forecasted Value
In the context of forecasting Genting Singapore'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. Genting Singapore's downside and upside margins for the forecasting period are 18.67 and 26.75, respectively. We have considered Genting Singapore'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 Genting Singapore pink sheet data series using in forecasting. Note that when a statistical model is used to represent Genting Singapore 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 | 118.9051 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.2074 |
| MAPE | Mean absolute percentage error | 0.0426 |
| SAE | Sum of the absolute errors | 73.6518 |
Predictive Modules for Genting Singapore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genting Singapore PLC. 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.Genting Singapore After-Hype Price Density Analysis
As far as predicting the price of Genting Singapore 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 Genting Singapore 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 Genting Singapore, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Genting Singapore Estimiated After-Hype Price Volatility
In the context of predicting Genting Singapore's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Genting Singapore's historical news coverage. Genting Singapore's after-hype downside and upside margins for the prediction period are 21.72 and 29.74, respectively. We have considered Genting Singapore'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
Genting Singapore is not too volatile at this time. Analysis and calculation of next after-hype price of Genting Singapore PLC is based on 3 months time horizon.
Genting Singapore Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Genting Singapore is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Genting Singapore 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 Genting Singapore, 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 |
0.08 | 4.04 | 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 | |
25.73 | 25.73 | 0.00 |
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Genting Singapore Hype Timeline
Genting Singapore PLC is currently traded for 25.73. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Genting is estimated 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 estimated to be very small, whereas the daily expected return is currently at -0.08%. %. The volatility of related hype on Genting Singapore is about 0.0%, with the expected price after the next announcement by competition of 25.73. The company has price-to-book (P/B) ratio of 1.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. Genting Singapore PLC has Price/Earnings To Growth (PEG) ratio of 0.57. The entity last dividend was issued on the 25th of August 2022. Assuming the 90 days horizon the next estimated press release will be in a few days. Check out Historical Fundamental Analysis of Genting Singapore to cross-verify your projections.Genting Singapore Related Hype Analysis
Having access to credible news sources related to Genting Singapore's direct competition is more important than ever and may enhance your ability to predict Genting Singapore's future price movements. Getting to know how Genting Singapore'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 Genting Singapore may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LTRCF | The Lottery | 0.00 | 0 per month | 0.00 | (0.26) | 0.00 | 0.00 | 4.72 | |
| MCHVF | MGM China Holdings | 0.00 | 0 per month | 0.00 | (0.09) | 4.88 | (4.88) | 26.49 | |
| GOFPY | Greek Org of | 0.00 | 0 per month | 1.38 | (0.04) | 2.16 | (2.59) | 6.84 | |
| GMVHF | Entain Plc | 0.00 | 0 per month | 0.00 | (0.09) | 4.83 | (6.27) | 14.68 | |
| GMVHY | Entain DRC PLC | 0.00 | 0 per month | 0.00 | (0.18) | 2.68 | (4.02) | 7.52 | |
| YMHAY | Yamaha Motor Co | 0.00 | 0 per month | 1.91 | 0 | 3.50 | (3.18) | 7.73 | |
| GRKZF | Greek Organization of | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ZLNDY | ZALANDO SE ADR | 0.00 | 0 per month | 0.00 | (0.08) | 4.07 | (3.57) | 11.88 | |
| TOKUY | Tokyu Corp ADR | 0.00 | 0 per month | 2.28 | 0.03 | 5.28 | (4.94) | 20.36 | |
| GMWKF | Games Workshop Group | 0.00 | 0 per month | 2.04 | 0.10 | 4.94 | (3.34) | 17.22 |
Other Forecasting Options for Genting Singapore
For every potential investor in Genting, whether a beginner or expert, Genting Singapore's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Genting Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Genting. Basic forecasting techniques help filter out the noise by identifying Genting Singapore's price trends.Genting Singapore 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 Genting Singapore pink sheet to make a market-neutral strategy. Peer analysis of Genting Singapore could also be used in its relative valuation, which is a method of valuing Genting Singapore by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Genting Singapore Market Strength Events
Market strength indicators help investors to evaluate how Genting Singapore 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 Genting Singapore shares will generate the highest return on investment. By undertsting and applying Genting Singapore pink sheet market strength indicators, traders can identify Genting Singapore PLC entry and exit signals to maximize returns.
Genting Singapore Risk Indicators
The analysis of Genting Singapore'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 Genting Singapore's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genting 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 | 1.28 | |||
| Standard Deviation | 3.86 | |||
| Variance | 14.94 |
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 Genting Singapore
The number of cover stories for Genting Singapore depends on current market conditions and Genting Singapore's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Genting Singapore 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 Genting Singapore'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 Genting Pink Sheet Analysis
When running Genting Singapore's price analysis, check to measure Genting Singapore'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 Genting Singapore is operating at the current time. Most of Genting Singapore's value examination focuses on studying past and present price action to predict the probability of Genting Singapore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genting Singapore's price. Additionally, you may evaluate how the addition of Genting Singapore to your portfolios can decrease your overall portfolio volatility.