Just Eat Pink Sheet Forward View
| JTKWY Stock | USD 4.32 0.07 1.59% |
Just Pink Sheet outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Just Eat's share price is below 20 . This 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 Just Eat hype-based prediction, you can estimate the value of Just Eat Takeaway from the perspective of Just Eat response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Just Eat Takeaway on the next trading day is expected to be 4.50 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 5.18. Just Eat after-hype prediction price | USD 4.32 |
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.
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Just Eat Additional Predictive Modules
Most predictive techniques to examine Just price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Just using various technical indicators. When you analyze Just 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 |
Just Eat Naive Prediction Price Forecast For the 8th of February
Given 90 days horizon, the Naive Prediction forecasted value of Just Eat Takeaway on the next trading day is expected to be 4.50 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.18.Please note that although there have been many attempts to predict Just 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 Just Eat's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Just Eat Pink Sheet Forecast Pattern
| Backtest Just Eat | Just Eat Price Prediction | Research Analysis |
Just Eat Forecasted Value
In the context of forecasting Just Eat'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. Just Eat's downside and upside margins for the forecasting period are 0.36 and 8.63, respectively. We have considered Just Eat'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Just Eat pink sheet data series using in forecasting. Note that when a statistical model is used to represent Just Eat 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 | 113.9919 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.085 |
| MAPE | Mean absolute percentage error | 0.0203 |
| SAE | Sum of the absolute errors | 5.1848 |
Predictive Modules for Just Eat
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Just Eat Takeaway. 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 Just Eat'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.
Just Eat After-Hype Price Density Analysis
As far as predicting the price of Just Eat 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 Just Eat 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 Just Eat, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Just Eat Estimiated After-Hype Price Volatility
In the context of predicting Just Eat's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Just Eat's historical news coverage. Just Eat's after-hype downside and upside margins for the prediction period are 0.18 and 8.46, respectively. We have considered Just Eat'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
Just Eat is unstable at this time. Analysis and calculation of next after-hype price of Just Eat Takeaway is based on 3 months time horizon.
Just Eat Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Just Eat is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Just Eat 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 Just Eat, 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 |
0.01 | 4.14 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
4.32 | 4.32 | 0.00 |
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Just Eat Hype Timeline
Just Eat Takeaway is currently traded for 4.32. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Just 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 0.01%. %. The volatility of related hype on Just Eat is about 0.0%, with the expected price after the next announcement by competition of 4.32. The company has price-to-book ratio of 0.44. Some equities with similar Price to Book (P/B) outperform the market in the long run. Just Eat Takeaway recorded a loss per share of 1.16. The entity had not issued any dividends in recent years. The firm had 1:2 split on the 4th of June 2021. Assuming the 90 days horizon the next anticipated press release will be uncertain. Check out Historical Fundamental Analysis of Just Eat to cross-verify your projections.Just Eat Related Hype Analysis
Having access to credible news sources related to Just Eat's direct competition is more important than ever and may enhance your ability to predict Just Eat's future price movements. Getting to know how Just Eat'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 Just Eat may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| JUMSY | Jumbo SA ADR | 0.00 | 0 per month | 4.42 | (0.01) | 8.16 | (7.12) | 23.84 | |
| SDIPF | Frasers Group plc | 0.00 | 0 per month | 0.00 | 0 | 0.00 | 0.00 | 6.00 | |
| JDDSF | JD Sports Fashion | 0.00 | 0 per month | 0.00 | (0.22) | 0.00 | 0.00 | 5.31 | |
| JDSPY | JD Sports Fashion | 0.00 | 0 per month | 0.00 | (0.04) | 6.19 | (6.25) | 15.07 | |
| JUMSF | Jumbo SA | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MZDAF | Mazda Motor | 0.00 | 0 per month | 1.52 | 0.08 | 4.25 | (2.04) | 14.52 | |
| SHAOF | SHIMAMURA Co | 0.00 | 0 per month | 0.00 | (0.26) | 0.00 | 0.00 | 7.47 | |
| TUIFF | TUI AG | 0.00 | 0 per month | 0.00 | 0.11 | 10.00 | (4.76) | 19.54 | |
| HNORY | Harvey Norman Holdings | 0.00 | 0 per month | 0.00 | (0.15) | 0.00 | 0.00 | 25.82 | |
| BKGFF | The Berkeley Group | 0.00 | 0 per month | 0.00 | (0.22) | 0.00 | 0.00 | 2.38 |
Other Forecasting Options for Just Eat
For every potential investor in Just, whether a beginner or expert, Just Eat's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Just Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Just. Basic forecasting techniques help filter out the noise by identifying Just Eat's price trends.Just Eat 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 Just Eat pink sheet to make a market-neutral strategy. Peer analysis of Just Eat could also be used in its relative valuation, which is a method of valuing Just Eat by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Just Eat Market Strength Events
Market strength indicators help investors to evaluate how Just Eat 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 Just Eat shares will generate the highest return on investment. By undertsting and applying Just Eat pink sheet market strength indicators, traders can identify Just Eat Takeaway entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 4.32 | |||
| Day Typical Price | 4.32 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.07) |
Just Eat Risk Indicators
The analysis of Just Eat'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 Just Eat's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting just 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 | 2.03 | |||
| Standard Deviation | 3.98 | |||
| Variance | 15.84 |
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 Just Eat
The number of cover stories for Just Eat depends on current market conditions and Just Eat's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Just Eat 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 Just Eat'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
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Just Eat Short Properties
Just Eat's future price predictability will typically decrease when Just Eat's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Just Eat Takeaway often depends not only on the future outlook of the potential Just Eat'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. Just Eat's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 702.1 M | |
| Cash And Short Term Investments | 1.1 B |
Additional Tools for Just Pink Sheet Analysis
When running Just Eat's price analysis, check to measure Just Eat'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 Just Eat is operating at the current time. Most of Just Eat's value examination focuses on studying past and present price action to predict the probability of Just Eat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Just Eat's price. Additionally, you may evaluate how the addition of Just Eat to your portfolios can decrease your overall portfolio volatility.