MEIP Old Stock Forecast - Polynomial Regression

MEIPDelisted Stock  USD 3.07  0.18  6.23%   
The Polynomial Regression forecasted value of MEIP Old on the next trading day is expected to be 2.54 with a mean absolute deviation of 0.57 and the sum of the absolute errors of 34.81. MEIP Stock Forecast is based on your current time horizon.
As of today the value of rsi of MEIP Old's share price is below 20 . This 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 MEIP Old's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with MEIP Old, which may create opportunities for some arbitrage if properly timed.
Using MEIP Old hype-based prediction, you can estimate the value of MEIP Old from the perspective of MEIP Old response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of MEIP Old on the next trading day is expected to be 2.54 with a mean absolute deviation of 0.57 and the sum of the absolute errors of 34.81.

MEIP Old after-hype prediction price

    
  $ 3.07  
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 Correlation 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 gross domestic product.

MEIP Old Additional Predictive Modules

Most predictive techniques to examine MEIP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MEIP using various technical indicators. When you analyze MEIP 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.
MEIP Old polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for MEIP Old as well as the accuracy indicators are determined from the period prices.

MEIP Old Polynomial Regression Price Forecast For the 25th of January

Given 90 days horizon, the Polynomial Regression forecasted value of MEIP Old on the next trading day is expected to be 2.54 with a mean absolute deviation of 0.57, mean absolute percentage error of 0.57, and the sum of the absolute errors of 34.81.
Please note that although there have been many attempts to predict MEIP 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 MEIP Old's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MEIP Old Stock Forecast Pattern

Backtest MEIP OldMEIP Old Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of MEIP Old stock data series using in forecasting. Note that when a statistical model is used to represent MEIP 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 Criteria117.549
BiasArithmetic mean of the errors None
MADMean absolute deviation0.5707
MAPEMean absolute percentage error0.1425
SAESum of the absolute errors34.8126
A single variable polynomial regression model attempts to put a curve through the MEIP Old historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for MEIP 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 MEIP 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
3.073.073.07
Details
Intrinsic
Valuation
LowRealHigh
2.922.923.38
Details

MEIP Old After-Hype Price Prediction Density Analysis

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

MEIP Old Estimiated After-Hype Price Volatility

In the context of predicting MEIP Old's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MEIP Old's historical news coverage. MEIP Old's after-hype downside and upside margins for the prediction period are 3.07 and 3.07, respectively. We have considered MEIP 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
3.07
3.07
After-hype Price
3.07
Upside
MEIP Old is very steady at this time. Analysis and calculation of next after-hype price of MEIP Old is based on 3 months time horizon.

MEIP Old Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as MEIP Old is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MEIP 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 MEIP Old, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
2 Events / Month
3 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.07
3.07
0.00 
0.00  
Notes

MEIP Old Hype Timeline

MEIP Old is now traded for 3.07. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. MEIP 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 0.0%. %. The volatility of related hype on MEIP Old is about 0.0%, with the expected price after the next announcement by competition of 3.07. The company recorded a loss per share of 4.75. MEIP Old last dividend was issued on the 16th of November 2023. The entity had 1:20 split on the 17th of April 2023. Given the investment horizon of 90 days the next forecasted press release will be in a few days.
Check out Correlation 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 gross domestic product.

MEIP Old Related Hype Analysis

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

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

MEIP Old Market Strength Events

Market strength indicators help investors to evaluate how MEIP 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 MEIP Old shares will generate the highest return on investment. By undertsting and applying MEIP Old stock market strength indicators, traders can identify MEIP Old entry and exit signals to maximize returns.

MEIP Old Risk Indicators

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

The number of cover stories for MEIP Old depends on current market conditions and MEIP 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 MEIP 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 MEIP Old's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

MEIP Old Short Properties

MEIP Old's future price predictability will typically decrease when MEIP Old's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MEIP Old often depends not only on the future outlook of the potential MEIP 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. MEIP Old's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding6.7 M
Dividends Paid-11.7 M
Cash And Short Term Investments38.3 M
Check out Correlation 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 gross domestic product.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Other Consideration for investing in MEIP Stock

If you are still planning to invest in MEIP 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 MEIP Old's history and understand the potential risks before investing.
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