Hino Motors Pink Sheet Forecast - Simple Regression
| HINOY Stock | USD 27.76 0.00 0.00% |
The Simple Regression forecasted value of Hino Motors Ltd on the next trading day is expected to be 29.28 with a mean absolute deviation of 1.17 and the sum of the absolute errors of 71.40. Hino Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Hino Motors' 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 59
Buy Extended
Oversold | Overbought |
Using Hino Motors hype-based prediction, you can estimate the value of Hino Motors Ltd from the perspective of Hino Motors response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Hino Motors Ltd on the next trading day is expected to be 29.28 with a mean absolute deviation of 1.17 and the sum of the absolute errors of 71.40. Hino Motors after-hype prediction price | USD 27.34 |
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.
Hino |
Hino Motors Additional Predictive Modules
Most predictive techniques to examine Hino price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hino using various technical indicators. When you analyze Hino 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 |
Hino Motors Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of Hino Motors Ltd on the next trading day is expected to be 29.28 with a mean absolute deviation of 1.17, mean absolute percentage error of 1.89, and the sum of the absolute errors of 71.40.Please note that although there have been many attempts to predict Hino 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 Hino Motors' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Hino Motors Pink Sheet Forecast Pattern
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Hino Motors Forecasted Value
In the context of forecasting Hino Motors' 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. Hino Motors' downside and upside margins for the forecasting period are 26.98 and 31.58, respectively. We have considered Hino Motors' 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 Hino Motors pink sheet data series using in forecasting. Note that when a statistical model is used to represent Hino Motors 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 | 118.7495 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.1705 |
| MAPE | Mean absolute percentage error | 0.0456 |
| SAE | Sum of the absolute errors | 71.3987 |
Predictive Modules for Hino Motors
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hino Motors. 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.Hino Motors After-Hype Price Prediction Density Analysis
As far as predicting the price of Hino Motors 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 Hino Motors 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 Hino Motors, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Hino Motors Estimiated After-Hype Price Volatility
In the context of predicting Hino Motors' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hino Motors' historical news coverage. Hino Motors' after-hype downside and upside margins for the prediction period are 25.04 and 29.64, respectively. We have considered Hino Motors' 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
Hino Motors is very steady at this time. Analysis and calculation of next after-hype price of Hino Motors is based on 3 months time horizon.
Hino Motors Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Hino Motors is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hino Motors 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 Hino Motors, 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 |
0.39 | 2.30 | 0.42 | 0.08 | 3 Events / Month | 3 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
27.76 | 27.34 | 1.51 |
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Hino Motors Hype Timeline
Hino Motors is currently traded for 27.76. The entity has historical hype elasticity of -0.42, and average elasticity to hype of competition of -0.08. Hino is estimated to decline in value after the next headline, with the price expected to drop to 27.34. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -1.51%, whereas the daily expected return is currently at 0.39%. The volatility of related hype on Hino Motors is about 1084.91%, with the expected price after the next announcement by competition of 27.68. The company has price-to-book (P/B) ratio of 0.67. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hino Motors recorded a loss per share of 10.91. The entity last dividend was issued on the 28th of September 2021. Assuming the 90 days horizon the next estimated press release will be in about 3 days. Check out Historical Fundamental Analysis of Hino Motors to cross-verify your projections.Hino Motors Related Hype Analysis
Having access to credible news sources related to Hino Motors' direct competition is more important than ever and may enhance your ability to predict Hino Motors' future price movements. Getting to know how Hino Motors' 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 Hino Motors may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NFYEF | NFI Group | (1.08) | 3 per month | 1.62 | 0.07 | 4.79 | (3.04) | 17.19 | |
| NKRKF | Nokian Renkaat Oyj | (1.08) | 14 per month | 0.00 | 0.06 | 0.00 | 0.00 | 18.08 | |
| ELORY | Elior Group SA | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AMGDF | Aston Martin Lagonda | 0.00 | 0 per month | 0.00 | (0.08) | 3.70 | (3.85) | 20.08 | |
| NKRKY | Nokian Tyres Plc | (1.08) | 13 per month | 1.08 | 0.22 | 4.72 | (2.70) | 17.70 | |
| MIZUF | Mizuno | 0.00 | 0 per month | 0.00 | 0.30 | 29.68 | (13.47) | 43.15 | |
| CLPIF | Compagnie des Alpes | 0.00 | 0 per month | 0.00 | (0.57) | 0.00 | 0.00 | 1.22 | |
| ELRXF | AB Electrolux | (1.08) | 3 per month | 0.00 | 0.16 | 0.00 | 0.00 | 19.50 | |
| HBBHF | HORNBACH Holding AG | 2.20 | 2 per month | 0.00 | (0.08) | 0.00 | 0.00 | 6.48 | |
| CTMLF | Corporate Travel Management | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Hino Motors
For every potential investor in Hino, whether a beginner or expert, Hino Motors' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hino Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hino. Basic forecasting techniques help filter out the noise by identifying Hino Motors' price trends.Hino Motors 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 Hino Motors pink sheet to make a market-neutral strategy. Peer analysis of Hino Motors could also be used in its relative valuation, which is a method of valuing Hino Motors by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hino Motors Market Strength Events
Market strength indicators help investors to evaluate how Hino Motors 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 Hino Motors shares will generate the highest return on investment. By undertsting and applying Hino Motors pink sheet market strength indicators, traders can identify Hino Motors Ltd entry and exit signals to maximize returns.
Hino Motors Risk Indicators
The analysis of Hino Motors' 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 Hino Motors' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hino 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 | 0.6865 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.81 |
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 Hino Motors
The number of cover stories for Hino Motors depends on current market conditions and Hino Motors' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Hino Motors 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 Hino Motors' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Hino Motors Short Properties
Hino Motors' future price predictability will typically decrease when Hino Motors' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hino Motors Ltd often depends not only on the future outlook of the potential Hino Motors' 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. Hino Motors' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 57.4 M | |
| Cash And Short Term Investments | 66.3 B |
Additional Tools for Hino Pink Sheet Analysis
When running Hino Motors' price analysis, check to measure Hino Motors' 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 Hino Motors is operating at the current time. Most of Hino Motors' value examination focuses on studying past and present price action to predict the probability of Hino Motors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hino Motors' price. Additionally, you may evaluate how the addition of Hino Motors to your portfolios can decrease your overall portfolio volatility.