HOND Old Stock Forecast - Naive Prediction

HONDDelisted Stock   18.04  0.17  0.93%   
The Naive Prediction forecasted value of HOND Old on the next trading day is expected to be 14.44 with a mean absolute deviation of 0.82 and the sum of the absolute errors of 50.23. HOND Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast HOND Old stock prices and determine the direction of HOND Old's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of HOND Old's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the value of rsi of HOND Old'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
The successful prediction of HOND Old's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of HOND Old and does not consider all of the tangible or intangible factors available from HOND Old's fundamental data. We analyze noise-free headlines and recent hype associated with HOND Old, which may create opportunities for some arbitrage if properly timed.
Using HOND Old hype-based prediction, you can estimate the value of HOND Old from the perspective of HOND Old response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of HOND Old on the next trading day is expected to be 14.44 with a mean absolute deviation of 0.82 and the sum of the absolute errors of 50.23.

HOND Old after-hype prediction price

    
  $ 17.79  
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

HOND Old Additional Predictive Modules

Most predictive techniques to examine HOND price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for HOND using various technical indicators. When you analyze HOND 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.
A naive forecasting model for HOND Old is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of HOND Old value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

HOND Old Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of HOND Old on the next trading day is expected to be 14.44 with a mean absolute deviation of 0.82, mean absolute percentage error of 2.04, and the sum of the absolute errors of 50.23.
Please note that although there have been many attempts to predict HOND 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 HOND Old's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

HOND Old Stock Forecast Pattern

Backtest HOND OldHOND Old Price PredictionBuy or Sell Advice 

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 HOND Old stock data series using in forecasting. Note that when a statistical model is used to represent HOND Old 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.
AICAkaike Information Criteria118.8248
BiasArithmetic mean of the errors None
MADMean absolute deviation0.8234
MAPEMean absolute percentage error0.0449
SAESum of the absolute errors50.2279
This model is not at all useful as a medium-long range forecasting tool of HOND Old. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict HOND Old. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for HOND Old

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HOND Old. 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.
Hype
Prediction
LowEstimatedHigh
17.3117.7918.27
Details
Intrinsic
Valuation
LowRealHigh
15.2015.6819.84
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.5717.3425.12
Details

HOND Old After-Hype Price Prediction Density Analysis

As far as predicting the price of HOND Old 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 HOND Old 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 HOND Old, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

HOND Old Estimiated After-Hype Price Volatility

In the context of predicting HOND Old's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on HOND Old's historical news coverage. HOND Old's after-hype downside and upside margins for the prediction period are 17.31 and 18.27, respectively. We have considered HOND Old'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
18.04
17.79
After-hype Price
18.27
Upside
HOND Old is very steady at this time. Analysis and calculation of next after-hype price of HOND Old is based on 3 months time horizon.

HOND Old Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as HOND Old is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading HOND Old 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 Delisted 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 HOND Old, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.28 
0.48
  0.25 
 0.00  
11 Events / Month
2 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
18.04
17.79
1.39 
54.55  
Notes

HOND Old Hype Timeline

HOND Old is currently traded for 18.04. The entity has historical hype elasticity of -0.25, and average elasticity to hype of competition of 0.0. HOND is estimated to decline in value after the next headline, with the price expected to drop to 17.79. The average volatility of media hype impact on the company price is about 54.55%. The price decrease on the next news is expected to be -1.39%, whereas the daily expected return is currently at 0.28%. The volatility of related hype on HOND Old is about 16800.0%, with the expected price after the next announcement by competition of 18.04. About 97.0% of the company shares are owned by institutional investors. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 11 days.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

HOND Old Related Hype Analysis

Having access to credible news sources related to HOND Old's direct competition is more important than ever and may enhance your ability to predict HOND Old's future price movements. Getting to know how HOND Old'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 HOND Old may potentially react to the hype associated with one of its peers.

HOND Old 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 HOND Old stock to make a market-neutral strategy. Peer analysis of HOND Old could also be used in its relative valuation, which is a method of valuing HOND Old by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

HOND Old Market Strength Events

Market strength indicators help investors to evaluate how HOND Old stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HOND Old shares will generate the highest return on investment. By undertsting and applying HOND Old stock market strength indicators, traders can identify HOND Old entry and exit signals to maximize returns.

HOND Old Risk Indicators

The analysis of HOND Old'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 HOND Old's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hond 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.
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 HOND Old

The number of cover stories for HOND Old depends on current market conditions and HOND Old's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that HOND Old 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 HOND Old's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

HOND Old Short Properties

HOND Old's future price predictability will typically decrease when HOND Old's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of HOND Old often depends not only on the future outlook of the potential HOND Old'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. HOND Old's indicators that are reflective of the short sentiment are summarized in the table below.
Short Percent Float0.0527
Shares Short Prior Month158.1 K
Shares Float21 M
Short Percent0.0527
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Other Consideration for investing in HOND Stock

If you are still planning to invest in HOND Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the HOND Old's history and understand the potential risks before investing.
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