Ethema Health Pink Sheet Forward View - Double Exponential Smoothing
| GRST Stock | USD 0.0004 0.0001 33.33% |
Ethema Pink Sheet outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Ethema Health's share price is below 20 . This usually indicates that the pink sheet 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 |
Using Ethema Health hype-based prediction, you can estimate the value of Ethema Health Corp from the perspective of Ethema Health response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Ethema Health Corp on the next trading day is expected to be 0.0004 with a mean absolute deviation of 0.000064 and the sum of the absolute errors of 0. Ethema Health after-hype prediction price | USD 3.28E-4 |
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.
Ethema |
Ethema Health Additional Predictive Modules
Most predictive techniques to examine Ethema price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ethema using various technical indicators. When you analyze Ethema 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 |
Ethema Health Double Exponential Smoothing Price Forecast For the 8th of February
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Ethema Health Corp on the next trading day is expected to be 0.0004 with a mean absolute deviation of 0.000064, mean absolute percentage error of 0.00000001, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Ethema Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Ethema Health's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Ethema Health Pink Sheet Forecast Pattern
| Backtest Ethema Health | Ethema Health Price Prediction | Research Analysis |
Ethema Health Forecasted Value
In the context of forecasting Ethema Health'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. Ethema Health's downside and upside margins for the forecasting period are 0.000004 and 35.92, respectively. We have considered Ethema Health'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Ethema Health pink sheet data series using in forecasting. Note that when a statistical model is used to represent Ethema Health 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 | Huge |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.0E-4 |
| MAPE | Mean absolute percentage error | 0.1913 |
| SAE | Sum of the absolute errors | 0.0038 |
Predictive Modules for Ethema Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ethema Health 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ethema Health'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.
Ethema Health After-Hype Price Density Analysis
As far as predicting the price of Ethema Health 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 Ethema Health 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 Ethema Health, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Ethema Health Estimiated After-Hype Price Volatility
In the context of predicting Ethema Health's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ethema Health's historical news coverage. Ethema Health's after-hype downside and upside margins for the prediction period are 0.00 and 35.92, respectively. We have considered Ethema Health'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Ethema Health is out of control at this time. Analysis and calculation of next after-hype price of Ethema Health Corp is based on 3 months time horizon.
Ethema Health Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Ethema Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ethema Health 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 Ethema Health, 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 |
4.57 | 35.92 | 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 | |
0.0004 | 0.0003 | 17.95 |
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Ethema Health Hype Timeline
Ethema Health Corp is currently traded for 0.0004. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Ethema is projected to decline in value after the next headline, with the price expected to drop to 3.28E-4. The average volatility of media hype impact on the company price is insignificant. The price decrease on the next news is expected to be -17.95%, whereas the daily expected return is currently at 4.57%. The volatility of related hype on Ethema Health is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company had not issued any dividends in recent years. Ethema Health Corp had 1:3000 split on the 22nd of August 2003. Given the investment horizon of 90 days the next projected press release will be in a few days. Check out Historical Fundamental Analysis of Ethema Health to cross-verify your projections.Ethema Health Related Hype Analysis
Having access to credible news sources related to Ethema Health's direct competition is more important than ever and may enhance your ability to predict Ethema Health's future price movements. Getting to know how Ethema Health'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 Ethema Health may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SMAS | Somatic Systems | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MDGP | Medgroup | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| UAHC | United American Healthcare | 0.00 | 0 per month | 4.53 | 0 | 11.11 | (10.53) | 47.59 | |
| IONM | Assure Holdings Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| PBIO | Pressure Biosciences | 0.00 | 0 per month | 14.01 | 0.06 | 20.00 | (25.00) | 150.00 | |
| MITI | Mitesco | 0.00 | 0 per month | 11.21 | 0.04 | 20.00 | (23.08) | 91.67 | |
| KLYG | Kelyniam Global | 0.00 | 0 per month | 0.00 | (0.03) | 14.29 | (15.38) | 41.56 | |
| NBCO | Neon Bloom | 0.00 | 0 per month | 0.00 | 0.06 | 5.48 | (4.48) | 40.26 | |
| KOAN | Textmunication Holdings | 0.00 | 0 per month | 0.00 | (0.19) | 14.04 | (18.10) | 78.78 |
Other Forecasting Options for Ethema Health
For every potential investor in Ethema, whether a beginner or expert, Ethema Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ethema Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ethema. Basic forecasting techniques help filter out the noise by identifying Ethema Health's price trends.Ethema Health 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 Ethema Health pink sheet to make a market-neutral strategy. Peer analysis of Ethema Health could also be used in its relative valuation, which is a method of valuing Ethema Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ethema Health Market Strength Events
Market strength indicators help investors to evaluate how Ethema Health 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 Ethema Health shares will generate the highest return on investment. By undertsting and applying Ethema Health pink sheet market strength indicators, traders can identify Ethema Health Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 62500.0 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.33 | |||
| Day Median Price | 4.0E-4 | |||
| Day Typical Price | 4.0E-4 | |||
| Price Action Indicator | 1.0E-4 | |||
| Period Momentum Indicator | 1.0E-4 |
Ethema Health Risk Indicators
The analysis of Ethema Health'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 Ethema Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ethema 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 | 21.9 | |||
| Semi Deviation | 18.02 | |||
| Standard Deviation | 36.0 | |||
| Variance | 1295.75 | |||
| Downside Variance | 990.97 | |||
| Semi Variance | 324.78 | |||
| Expected Short fall | (47.94) |
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 Ethema Health
The number of cover stories for Ethema Health depends on current market conditions and Ethema Health's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ethema Health 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 Ethema Health'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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Ethema Health Short Properties
Ethema Health's future price predictability will typically decrease when Ethema Health's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ethema Health Corp often depends not only on the future outlook of the potential Ethema Health'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. Ethema Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 B | |
| Cash And Short Term Investments | 48.8 K |
Additional Tools for Ethema Pink Sheet Analysis
When running Ethema Health's price analysis, check to measure Ethema Health'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 Ethema Health is operating at the current time. Most of Ethema Health's value examination focuses on studying past and present price action to predict the probability of Ethema Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ethema Health's price. Additionally, you may evaluate how the addition of Ethema Health to your portfolios can decrease your overall portfolio volatility.