JonDeTech Sensors Stock Forward View - Simple Exponential Smoothing

JDT Stock   0.64  0.01  1.59%   
JonDeTech Stock outlook is based on your current time horizon.
At this time, the value of RSI of JonDeTech Sensors' share price is approaching 35. This indicates that the stock 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 JonDeTech Sensors, making its price go up or down.

Momentum 35

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of JonDeTech Sensors' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with JonDeTech Sensors, which may create opportunities for some arbitrage if properly timed.
Using JonDeTech Sensors hype-based prediction, you can estimate the value of JonDeTech Sensors from the perspective of JonDeTech Sensors response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of JonDeTech Sensors on the next trading day is expected to be 0.64 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.31.

JonDeTech Sensors after-hype prediction price

    
  SEK 0.64  
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 JonDeTech Sensors to cross-verify your projections.

JonDeTech Sensors Additional Predictive Modules

Most predictive techniques to examine JonDeTech price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for JonDeTech using various technical indicators. When you analyze JonDeTech 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.
JonDeTech Sensors simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for JonDeTech Sensors are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as JonDeTech Sensors prices get older.

JonDeTech Sensors Simple Exponential Smoothing Price Forecast For the 21st of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of JonDeTech Sensors on the next trading day is expected to be 0.64 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0009, and the sum of the absolute errors of 1.31.
Please note that although there have been many attempts to predict JonDeTech 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 JonDeTech Sensors' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

JonDeTech Sensors Stock Forecast Pattern

Backtest JonDeTech Sensors  JonDeTech Sensors Price Prediction  Research Analysis  

JonDeTech Sensors Forecasted Value

In the context of forecasting JonDeTech Sensors' 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. JonDeTech Sensors' downside and upside margins for the forecasting period are 0.01 and 5.42, respectively. We have considered JonDeTech Sensors' 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.
Market Value
0.64
0.64
Expected Value
5.42
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of JonDeTech Sensors stock data series using in forecasting. Note that when a statistical model is used to represent JonDeTech Sensors 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 Criteria111.0509
BiasArithmetic mean of the errors 0.0014
MADMean absolute deviation0.0215
MAPEMean absolute percentage error0.0333
SAESum of the absolute errors1.3145
This simple exponential smoothing model begins by setting JonDeTech Sensors forecast for the second period equal to the observation of the first period. In other words, recent JonDeTech Sensors observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for JonDeTech Sensors

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JonDeTech Sensors. 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
0.030.645.42
Details
Intrinsic
Valuation
LowRealHigh
0.030.555.33
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.040.591.22
Details

JonDeTech Sensors After-Hype Price Density Analysis

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

JonDeTech Sensors Estimiated After-Hype Price Volatility

In the context of predicting JonDeTech Sensors' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on JonDeTech Sensors' historical news coverage. JonDeTech Sensors' after-hype downside and upside margins for the prediction period are 0.03 and 5.42, respectively. We have considered JonDeTech Sensors' 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
0.64
0.64
After-hype Price
5.42
Upside
JonDeTech Sensors is abnormally volatile at this time. Analysis and calculation of next after-hype price of JonDeTech Sensors is based on 3 months time horizon.

JonDeTech Sensors Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as JonDeTech Sensors is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading JonDeTech Sensors 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 JonDeTech Sensors, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
4.78
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.64
0.64
0.00 
0.00  
Notes

JonDeTech Sensors Hype Timeline

JonDeTech Sensors is currently traded for 0.64on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. JonDeTech is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at -0.02%. %. The volatility of related hype on JonDeTech Sensors is about 0.0%, with the expected price after the next announcement by competition of 0.64. The company has price-to-book ratio of 1.27. Some equities with similar Price to Book (P/B) outperform the market in the long run. JonDeTech Sensors recorded a loss per share of 1.17. The entity had not issued any dividends in recent years. The firm had 100:1 split on the 25th of May 2024. Assuming the 90 days trading horizon the next anticipated press release will be uncertain.
Check out Historical Fundamental Analysis of JonDeTech Sensors to cross-verify your projections.

JonDeTech Sensors Related Hype Analysis

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

Other Forecasting Options for JonDeTech Sensors

For every potential investor in JonDeTech, whether a beginner or expert, JonDeTech Sensors' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JonDeTech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JonDeTech. Basic forecasting techniques help filter out the noise by identifying JonDeTech Sensors' price trends.

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

JonDeTech Sensors Market Strength Events

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

JonDeTech Sensors Risk Indicators

The analysis of JonDeTech Sensors' 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 JonDeTech Sensors' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jondetech 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 JonDeTech Sensors

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

Other Macroaxis Stories

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JonDeTech Sensors Short Properties

JonDeTech Sensors' future price predictability will typically decrease when JonDeTech Sensors' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of JonDeTech Sensors often depends not only on the future outlook of the potential JonDeTech Sensors' 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. JonDeTech Sensors' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding107.5 M
Cash And Short Term Investments10.4 M

Additional Tools for JonDeTech Stock Analysis

When running JonDeTech Sensors' price analysis, check to measure JonDeTech Sensors' 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 JonDeTech Sensors is operating at the current time. Most of JonDeTech Sensors' value examination focuses on studying past and present price action to predict the probability of JonDeTech Sensors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JonDeTech Sensors' price. Additionally, you may evaluate how the addition of JonDeTech Sensors to your portfolios can decrease your overall portfolio volatility.