ME Renewable Pink Sheet Forecast - Naive Prediction

MEPWDelisted Stock  USD 1.30  0.00  0.00%   
MEPW Pink Sheet outlook is based on your current time horizon.
At this time the relative strength index (rsi) of ME Renewable'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
The successful prediction of ME Renewable'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 ME Renewable and does not consider all of the tangible or intangible factors available from ME Renewable's fundamental data. We analyze noise-free headlines and recent hype associated with ME Renewable Power, which may create opportunities for some arbitrage if properly timed.
Using ME Renewable hype-based prediction, you can estimate the value of ME Renewable Power from the perspective of ME Renewable response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of ME Renewable Power on the next trading day is expected to be 1.30 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.

ME Renewable after-hype prediction price

    
  USD 1.3  
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.
  
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 various price indices.

ME Renewable Additional Predictive Modules

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

ME Renewable Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of ME Renewable Power on the next trading day is expected to be 1.30 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict MEPW Pink Sheet 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 ME Renewable's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ME Renewable Pink Sheet Forecast Pattern

Backtest ME Renewable  ME Renewable Price Prediction  Buy or Sell Advice  

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 ME Renewable pink sheet data series using in forecasting. Note that when a statistical model is used to represent ME Renewable 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.
AICAkaike Information Criteria51.2554
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of ME Renewable Power. 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 ME Renewable. 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 ME Renewable

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ME Renewable Power. 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.
Hype
Prediction
LowEstimatedHigh
1.301.301.30
Details
Intrinsic
Valuation
LowRealHigh
1.111.101.43
Details

ME Renewable After-Hype Price Density Analysis

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

ME Renewable Estimiated After-Hype Price Volatility

In the context of predicting ME Renewable's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ME Renewable's historical news coverage. ME Renewable's after-hype downside and upside margins for the prediction period are 1.30 and 1.30, respectively. We have considered ME Renewable'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
1.30
1.30
After-hype Price
1.30
Upside
ME Renewable is very steady at this time. Analysis and calculation of next after-hype price of ME Renewable Power is based on 3 months time horizon.

ME Renewable Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as ME Renewable is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ME Renewable 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 ME Renewable, 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  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.30
1.30
0.00 
0.00  
Notes

ME Renewable Hype Timeline

ME Renewable Power is now traded for 1.30. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. MEPW is projected 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 projected to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on ME Renewable is about 0.0%, with the expected price after the next announcement by competition of 1.30. About 97.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be uncertain.
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 various price indices.

ME Renewable Related Hype Analysis

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

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

ME Renewable Market Strength Events

Market strength indicators help investors to evaluate how ME Renewable 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 ME Renewable shares will generate the highest return on investment. By undertsting and applying ME Renewable pink sheet market strength indicators, traders can identify ME Renewable Power entry and exit signals to maximize returns.

Story Coverage note for ME Renewable

The number of cover stories for ME Renewable depends on current market conditions and ME Renewable's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ME Renewable 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 ME Renewable'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
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 various price indices.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in MEPW Pink Sheet

If you are still planning to invest in ME Renewable Power 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 ME Renewable's history and understand the potential risks before investing.
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