KonaTel OTC Stock Forecast - Naive Prediction

KTEL Stock  USD 0.27  0.02  8.00%   
The Naive Prediction forecasted value of KonaTel on the next trading day is expected to be 0.30 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.81. KonaTel OTC Stock Forecast is based on your current time horizon.
As of now the value of rsi of KonaTel's share price is below 20 . This indicates that the otc 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
KonaTel stock price prediction is an act of determining the future value of KonaTel shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of KonaTel'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 KonaTel and does not consider all of the tangible or intangible factors available from KonaTel's fundamental data. We analyze noise-free headlines and recent hype associated with KonaTel, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of KonaTel based on different types of headlines from major news networks to social media. Using KonaTel hype-based prediction, you can estimate the value of KonaTel from the perspective of KonaTel response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of KonaTel on the next trading day is expected to be 0.30 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.81.

KonaTel after-hype prediction price

    
  USD 0.27  
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of KonaTel to cross-verify your projections.

KonaTel Additional Predictive Modules

Most predictive techniques to examine KonaTel price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for KonaTel using various technical indicators. When you analyze KonaTel 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 KonaTel is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of KonaTel 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.

KonaTel Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of KonaTel on the next trading day is expected to be 0.30 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.81.
Please note that although there have been many attempts to predict KonaTel OTC 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 KonaTel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

KonaTel OTC Stock Forecast Pattern

Backtest KonaTelKonaTel Price PredictionBuy or Sell Advice 

KonaTel Forecasted Value

In the context of forecasting KonaTel's OTC 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. KonaTel's downside and upside margins for the forecasting period are 0 and 4.68, respectively. We have considered KonaTel'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.
Market Value
0.27
0.30
Expected Value
4.68
Upside

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 KonaTel otc stock data series using in forecasting. Note that when a statistical model is used to represent KonaTel otc 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 Criteria109.8618
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0132
MAPEMean absolute percentage error0.0457
SAESum of the absolute errors0.8057
This model is not at all useful as a medium-long range forecasting tool of KonaTel. 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 KonaTel. 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 KonaTel

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KonaTel. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 KonaTel'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.
Hype
Prediction
LowEstimatedHigh
0.010.274.66
Details
Intrinsic
Valuation
LowRealHigh
0.010.244.63
Details

KonaTel After-Hype Price Prediction Density Analysis

As far as predicting the price of KonaTel 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 KonaTel 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 OTC Stock prices, such as prices of KonaTel, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

KonaTel Estimiated After-Hype Price Volatility

In the context of predicting KonaTel's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on KonaTel's historical news coverage. KonaTel's after-hype downside and upside margins for the prediction period are 0.01 and 4.66, respectively. We have considered KonaTel'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
0.27
0.27
After-hype Price
4.66
Upside
KonaTel is out of control at this time. Analysis and calculation of next after-hype price of KonaTel is based on 3 months time horizon.

KonaTel OTC Stock Price Prediction Analysis

Have you ever been surprised when a price of a OTC Stock such as KonaTel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading KonaTel 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 OTC 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 KonaTel, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.34 
4.39
 0.00  
  0.01 
0 Events / Month
3 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.27
0.27
0.00 
0.00  
Notes

KonaTel Hype Timeline

KonaTel is now traded for 0.27. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. KonaTel is forecasted 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 forecasted to be very small, whereas the daily expected return is now at -0.34%. %. The volatility of related hype on KonaTel is about 13723.04%, with the expected price after the next announcement by competition of 0.26. About 64.0% of the company outstanding shares are owned by corporate insiders. The company has Price/Earnings (P/E) ratio of 198.33. KonaTel had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be uncertain.
Check out Historical Fundamental Analysis of KonaTel to cross-verify your projections.

KonaTel Related Hype Analysis

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

Other Forecasting Options for KonaTel

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

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

KonaTel Market Strength Events

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

KonaTel Risk Indicators

The analysis of KonaTel'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 KonaTel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting konatel otc 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 KonaTel

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

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Other Information on Investing in KonaTel OTC Stock

KonaTel financial ratios help investors to determine whether KonaTel OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KonaTel with respect to the benefits of owning KonaTel security.