Bitros Holding Stock Forward View - Simple Moving Average

MPITR Stock  EUR 0.51  0.00  0.00%   
Bitros Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Bitros Holding stock prices and determine the direction of Bitros Holding SA's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Bitros Holding's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the value of rsi of Bitros Holding'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 Bitros Holding's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Bitros Holding SA, which may create opportunities for some arbitrage if properly timed.
Using Bitros Holding hype-based prediction, you can estimate the value of Bitros Holding SA from the perspective of Bitros Holding response to recently generated media hype and the effects of current headlines on its competitors.

Bitros Holding after-hype prediction price

    
  EUR 0.51  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Bitros Holding to cross-verify your projections.

Bitros Holding Additional Predictive Modules

Most predictive techniques to examine Bitros price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bitros using various technical indicators. When you analyze Bitros 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 two period moving average forecast for Bitros Holding is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Bitros Holding Simple Moving Average Price Forecast For the 20th of February

Given 90 days horizon, the Simple Moving Average forecasted value of Bitros Holding SA on the next trading day is expected to be 0.51 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 Bitros Stock 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 Bitros Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bitros Holding Stock Forecast Pattern

Backtest Bitros Holding  Bitros Holding Price Prediction  Research Analysis  

Bitros Holding Forecasted Value

In the context of forecasting Bitros Holding's 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. Bitros Holding's downside and upside margins for the forecasting period are 0.51 and 0.51, respectively. We have considered Bitros Holding'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
0.51
0.51
Expected Value
0.51
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Bitros Holding stock data series using in forecasting. Note that when a statistical model is used to represent Bitros Holding 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
The simple moving average model is conceptually a linear regression of the current value of Bitros Holding SA price series against current and previous (unobserved) value of Bitros Holding. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Bitros Holding

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitros Holding SA. 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
0.510.510.51
Details
Intrinsic
Valuation
LowRealHigh
0.430.430.56
Details

Bitros Holding After-Hype Price Density Analysis

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

Bitros Holding Estimiated After-Hype Price Volatility

In the context of predicting Bitros Holding's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bitros Holding's historical news coverage. Bitros Holding's after-hype downside and upside margins for the prediction period are 0.51 and 0.51, respectively. We have considered Bitros Holding'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
0.51
0.51
After-hype Price
0.51
Upside
Bitros Holding is very steady at this time. Analysis and calculation of next after-hype price of Bitros Holding SA is based on 3 months time horizon.

Bitros Holding Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Bitros Holding is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bitros Holding 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 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 Bitros Holding, 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
0.51
0.51
0.00 
0.00  
Notes

Bitros Holding Hype Timeline

Bitros Holding SA is now traded for 0.51on Athens Exchange of Greece. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Bitros 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 Bitros Holding is about 0.0%, with the expected price after the next announcement by competition of 0.51. About 78.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.91. Bitros Holding SA last dividend was issued on the 15th of July 2009. The entity had 3:2 split on the 12th of May 2000. Assuming the 90 days trading horizon the next forecasted press release will be uncertain.
Check out Historical Fundamental Analysis of Bitros Holding to cross-verify your projections.

Bitros Holding Related Hype Analysis

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

Other Forecasting Options for Bitros Holding

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

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

Bitros Holding Market Strength Events

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

Story Coverage note for Bitros Holding

The number of cover stories for Bitros Holding depends on current market conditions and Bitros Holding's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bitros Holding 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 Bitros Holding'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 Bitros Stock

Bitros Holding financial ratios help investors to determine whether Bitros 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 Bitros with respect to the benefits of owning Bitros Holding security.