MNP Petroleum Pink Sheet Forecast - Triple Exponential Smoothing
| MNAP Stock | USD 0.0001 0.00 0.00% |
MNP Pink Sheet outlook is based on your current time horizon.
As of today the relative strength index (rsi) of MNP Petroleum'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 MNP Petroleum hype-based prediction, you can estimate the value of MNP Petroleum Corp from the perspective of MNP Petroleum response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of MNP Petroleum Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. MNP Petroleum after-hype prediction price | USD 1.0E-4 |
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.
MNP |
MNP Petroleum Additional Predictive Modules
Most predictive techniques to examine MNP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MNP using various technical indicators. When you analyze MNP 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
MNP Petroleum Triple Exponential Smoothing Price Forecast For the 28th of January
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of MNP Petroleum Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict MNP 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 MNP Petroleum's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MNP Petroleum Pink Sheet Forecast Pattern
| Backtest MNP Petroleum | MNP Petroleum Price Prediction | Buy or Sell Advice |
MNP Petroleum Forecasted Value
In the context of forecasting MNP Petroleum'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. MNP Petroleum's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered MNP Petroleum'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of MNP Petroleum pink sheet data series using in forecasting. Note that when a statistical model is used to represent MNP Petroleum 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 | Huge |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for MNP Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MNP Petroleum Corp. 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.MNP Petroleum After-Hype Price Density Analysis
As far as predicting the price of MNP Petroleum 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 MNP Petroleum 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 MNP Petroleum, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
MNP Petroleum Estimiated After-Hype Price Volatility
In the context of predicting MNP Petroleum's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MNP Petroleum's historical news coverage. MNP Petroleum's after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered MNP Petroleum'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
MNP Petroleum is very steady at this time. Analysis and calculation of next after-hype price of MNP Petroleum Corp is based on 3 months time horizon.
MNP Petroleum Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as MNP Petroleum is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MNP Petroleum 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 MNP Petroleum, 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 |
0.00 | 0.00 | 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 | |
0.0001 | 0.0001 | 0.00 |
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MNP Petroleum Hype Timeline
MNP Petroleum Corp is now traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. MNP 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 MNP Petroleum is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company has price-to-book ratio of 0.73. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MNP Petroleum Corp recorded a loss per share of 0.04. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 12th of December 2006. Given the investment horizon of 90 days the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of MNP Petroleum to cross-verify your projections.MNP Petroleum Related Hype Analysis
Having access to credible news sources related to MNP Petroleum's direct competition is more important than ever and may enhance your ability to predict MNP Petroleum's future price movements. Getting to know how MNP Petroleum'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 MNP Petroleum may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MMEX | MMEX Resources Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| OILCF | Permex Petroleum | 0.00 | 0 per month | 0.00 | 0.07 | 0.00 | 0.00 | 77.05 | |
| PNRXF | Porto Energy Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FECOF | FEC Resources | 0.00 | 0 per month | 0.00 | 0.09 | 13.04 | (17.95) | 108.70 | |
| EFIR | EGPI Firecreek | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| WMELF | Westmount Energy Limited | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 945.59 | |
| ERHE | ERHC Energy | 0.01 | 1 per month | 29.38 | 0.23 | 255.00 | (85.82) | 1,743 | |
| MDMP | MDM Permian | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SRLY | Southern Realty Co | 0.00 | 0 per month | 0.00 | (0.17) | 0.00 | 0.00 | 10.00 |
Other Forecasting Options for MNP Petroleum
For every potential investor in MNP, whether a beginner or expert, MNP Petroleum's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MNP Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MNP. Basic forecasting techniques help filter out the noise by identifying MNP Petroleum's price trends.MNP Petroleum 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 MNP Petroleum pink sheet to make a market-neutral strategy. Peer analysis of MNP Petroleum could also be used in its relative valuation, which is a method of valuing MNP Petroleum by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MNP Petroleum Market Strength Events
Market strength indicators help investors to evaluate how MNP Petroleum 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 MNP Petroleum shares will generate the highest return on investment. By undertsting and applying MNP Petroleum pink sheet market strength indicators, traders can identify MNP Petroleum Corp entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Story Coverage note for MNP Petroleum
The number of cover stories for MNP Petroleum depends on current market conditions and MNP Petroleum's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MNP Petroleum 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 MNP Petroleum'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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MNP Petroleum Short Properties
MNP Petroleum's future price predictability will typically decrease when MNP Petroleum's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of MNP Petroleum Corp often depends not only on the future outlook of the potential MNP Petroleum'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. MNP Petroleum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 170.1 M | |
| Cash And Short Term Investments | 1.6 M |
Additional Tools for MNP Pink Sheet Analysis
When running MNP Petroleum's price analysis, check to measure MNP Petroleum'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 MNP Petroleum is operating at the current time. Most of MNP Petroleum's value examination focuses on studying past and present price action to predict the probability of MNP Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MNP Petroleum's price. Additionally, you may evaluate how the addition of MNP Petroleum to your portfolios can decrease your overall portfolio volatility.