INNEOVA Holdings Stock Forward View - Simple Regression
| INEO Stock | 0.50 0.04 7.41% |
INNEOVA Stock outlook is based on your current time horizon.
As of today the relative strength index (rsi) of INNEOVA Holdings' 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 |
Using INNEOVA Holdings hype-based prediction, you can estimate the value of INNEOVA Holdings Limited from the perspective of INNEOVA Holdings response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of INNEOVA Holdings Limited on the next trading day is expected to be 0.50 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.73. INNEOVA Holdings after-hype prediction price | USD 0.52 |
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 INNEOVA Holdings to cross-verify your projections. INNEOVA Holdings Additional Predictive Modules
Most predictive techniques to examine INNEOVA price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for INNEOVA using various technical indicators. When you analyze INNEOVA 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 |
INNEOVA Holdings Simple Regression Price Forecast For the 6th of February
Given 90 days horizon, the Simple Regression forecasted value of INNEOVA Holdings Limited on the next trading day is expected to be 0.50 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.73.Please note that although there have been many attempts to predict INNEOVA Stock 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 INNEOVA Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
INNEOVA Holdings Stock Forecast Pattern
| Backtest INNEOVA Holdings | INNEOVA Holdings Price Prediction | Research Analysis |
INNEOVA Holdings Forecasted Value
In the context of forecasting INNEOVA Holdings' 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. INNEOVA Holdings' downside and upside margins for the forecasting period are 0.01 and 6.29, respectively. We have considered INNEOVA Holdings' 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 INNEOVA Holdings stock data series using in forecasting. Note that when a statistical model is used to represent INNEOVA Holdings 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 | 112.402 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0448 |
| MAPE | Mean absolute percentage error | 0.073 |
| SAE | Sum of the absolute errors | 2.7322 |
Predictive Modules for INNEOVA Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as INNEOVA Holdings. 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 INNEOVA Holdings' 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.
INNEOVA Holdings After-Hype Price Density Analysis
As far as predicting the price of INNEOVA Holdings 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 INNEOVA Holdings 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 INNEOVA Holdings, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
INNEOVA Holdings Estimiated After-Hype Price Volatility
In the context of predicting INNEOVA Holdings' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on INNEOVA Holdings' historical news coverage. INNEOVA Holdings' after-hype downside and upside margins for the prediction period are 0.03 and 6.34, respectively. We have considered INNEOVA Holdings' 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
INNEOVA Holdings is out of control at this time. Analysis and calculation of next after-hype price of INNEOVA Holdings is based on 3 months time horizon.
INNEOVA Holdings Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as INNEOVA Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading INNEOVA Holdings 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 INNEOVA Holdings, 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 |
0.51 | 5.78 | 0.00 | 0.06 | 0 Events / Month | 2 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.50 | 0.52 | 1.98 |
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INNEOVA Holdings Hype Timeline
INNEOVA Holdings is currently traded for 0.50. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.06. INNEOVA is forecasted to increase in value after the next headline, with the price projected to jump to 0.52 or above. The average volatility of media hype impact on the company the price is insignificant. The price boost on the next news is projected to be 1.98%, whereas the daily expected return is currently at -0.51%. The volatility of related hype on INNEOVA Holdings is about 4551.18%, with the expected price after the next announcement by competition of 0.44. The company reported the previous year's revenue of 58.33 M. Net Income was 8 K with profit before overhead, payroll, taxes, and interest of 10.93 M. Given the investment horizon of 90 days the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of INNEOVA Holdings to cross-verify your projections.INNEOVA Holdings Related Hype Analysis
Having access to credible news sources related to INNEOVA Holdings' direct competition is more important than ever and may enhance your ability to predict INNEOVA Holdings' future price movements. Getting to know how INNEOVA Holdings' 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 INNEOVA Holdings may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CREV | Carbon Revolution Public | 0.00 | 0 per month | 0.00 | (0.15) | 10.19 | (16.88) | 57.57 | |
| AIEV | Thunder Power Holdings | 0.00 | 0 per month | 14.10 | 0.11 | 46.15 | (27.78) | 138.46 | |
| GORV | Lazydays Holdings | 0.00 | 0 per month | 0.00 | (0.40) | 18.11 | (45.45) | 63.56 | |
| WKHS | Workhorse Group | (0.01) | 5 per month | 0.00 | (0.13) | 10.78 | (9.36) | 56.82 | |
| INVZ | Innoviz Technologies | (0.16) | 7 per month | 0.00 | (0.18) | 6.14 | (7.48) | 34.74 | |
| FLYE | Fly E Group Common | (1.02) | 6 per month | 9.54 | 0.03 | 15.36 | (18.99) | 284.75 | |
| ATER | Aterian | (0.03) | 9 per month | 0.00 | (0.11) | 7.14 | (7.46) | 28.48 | |
| YJ | Yunji Inc | (0.05) | 6 per month | 0.00 | (0.05) | 6.99 | (7.45) | 30.41 | |
| LOBO | LOBO EV TECHNOLOGIES | 0.00 | 0 per month | 9.24 | 0.01 | 13.64 | (9.59) | 47.21 | |
| GGR | Gogoro Inc | 0.00 | 0 per month | 0.00 | (0.11) | 6.17 | (4.68) | 20.86 |
Other Forecasting Options for INNEOVA Holdings
For every potential investor in INNEOVA, whether a beginner or expert, INNEOVA Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. INNEOVA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in INNEOVA. Basic forecasting techniques help filter out the noise by identifying INNEOVA Holdings' price trends.INNEOVA Holdings 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 INNEOVA Holdings stock to make a market-neutral strategy. Peer analysis of INNEOVA Holdings could also be used in its relative valuation, which is a method of valuing INNEOVA Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
INNEOVA Holdings Market Strength Events
Market strength indicators help investors to evaluate how INNEOVA Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading INNEOVA Holdings shares will generate the highest return on investment. By undertsting and applying INNEOVA Holdings stock market strength indicators, traders can identify INNEOVA Holdings Limited entry and exit signals to maximize returns.
| Accumulation Distribution | 1139.23 | |||
| Daily Balance Of Power | (2.00) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 0.51 | |||
| Day Typical Price | 0.51 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.04) |
INNEOVA Holdings Risk Indicators
The analysis of INNEOVA Holdings' 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 INNEOVA Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inneova 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 | 4.11 | |||
| Standard Deviation | 5.78 | |||
| Variance | 33.45 |
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 INNEOVA Holdings
The number of cover stories for INNEOVA Holdings depends on current market conditions and INNEOVA Holdings' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that INNEOVA Holdings 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 INNEOVA Holdings' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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INNEOVA Holdings Short Properties
INNEOVA Holdings' future price predictability will typically decrease when INNEOVA Holdings' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of INNEOVA Holdings Limited often depends not only on the future outlook of the potential INNEOVA Holdings' 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. INNEOVA Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9 M | |
| Cash And Short Term Investments | 1.7 M |
Check out Historical Fundamental Analysis of INNEOVA Holdings to cross-verify your projections. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Will Distributors sector continue expanding? Could INNEOVA diversify its offerings? Factors like these will boost the valuation of INNEOVA Holdings. Market participants price INNEOVA higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every INNEOVA Holdings data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate INNEOVA Holdings using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating INNEOVA Holdings' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause INNEOVA Holdings' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between INNEOVA Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if INNEOVA Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, INNEOVA Holdings' market price signifies the transaction level at which participants voluntarily complete trades.