Magyar Telekom Pink Sheet Forward View

MYTAY Stock  USD 6.20  0.03  0.48%   
Magyar Pink Sheet outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Magyar Telekom'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 17

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Magyar Telekom's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Magyar Telekom Plc, which may create opportunities for some arbitrage if properly timed.
Using Magyar Telekom hype-based prediction, you can estimate the value of Magyar Telekom Plc from the perspective of Magyar Telekom response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Magyar Telekom Plc on the next trading day is expected to be -2.76 with a mean absolute deviation of 1.88 and the sum of the absolute errors of 114.93.

Magyar Telekom after-hype prediction price

    
  USD 6.2  
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 Historical Fundamental Analysis of Magyar Telekom to cross-verify your projections.

Magyar Telekom Additional Predictive Modules

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

Magyar Telekom Naive Prediction Price Forecast For the 4th of February

Given 90 days horizon, the Naive Prediction forecasted value of Magyar Telekom Plc on the next trading day is expected to be -2.76 with a mean absolute deviation of 1.88, mean absolute percentage error of 10.73, and the sum of the absolute errors of 114.93.
Please note that although there have been many attempts to predict Magyar Pink Sheet 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 Magyar Telekom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Magyar Telekom Pink Sheet Forecast Pattern

Backtest Magyar Telekom  Magyar Telekom Price Prediction  Research Analysis  

Magyar Telekom Forecasted Value

In the context of forecasting Magyar Telekom'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. Magyar Telekom's downside and upside margins for the forecasting period are 0.06 and 7.76, respectively. We have considered Magyar Telekom'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
6.20
-2.76
Expected Value
7.76
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 Magyar Telekom pink sheet data series using in forecasting. Note that when a statistical model is used to represent Magyar Telekom 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 Criteria120.4839
BiasArithmetic mean of the errors None
MADMean absolute deviation1.8841
MAPEMean absolute percentage error0.1634
SAESum of the absolute errors114.9275
This model is not at all useful as a medium-long range forecasting tool of Magyar Telekom Plc. 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 Magyar Telekom. 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 Magyar Telekom

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magyar Telekom Plc. 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
0.316.2016.65
Details
Intrinsic
Valuation
LowRealHigh
0.305.9516.40
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.0720.6341.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Magyar Telekom. Your research has to be compared to or analyzed against Magyar Telekom's peers to derive any actionable benefits. When done correctly, Magyar Telekom's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Magyar Telekom Plc.

Magyar Telekom After-Hype Price Density Analysis

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

Magyar Telekom Estimiated After-Hype Price Volatility

In the context of predicting Magyar Telekom's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Magyar Telekom's historical news coverage. Magyar Telekom's after-hype downside and upside margins for the prediction period are 0.31 and 16.65, respectively. We have considered Magyar Telekom'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
6.20
6.20
After-hype Price
16.65
Upside
Magyar Telekom is very risky at this time. Analysis and calculation of next after-hype price of Magyar Telekom Plc is based on 3 months time horizon.

Magyar Telekom Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Magyar Telekom is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magyar Telekom 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 Magyar Telekom, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.08 
10.53
 0.00  
  0.02 
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.20
6.20
0.00 
0.00  
Notes

Magyar Telekom Hype Timeline

Magyar Telekom Plc is now traded for 6.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.02. Magyar 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 -1.08%. %. The volatility of related hype on Magyar Telekom is about 75214.29%, with the expected price after the next announcement by competition of 6.18. The company has price-to-book ratio of 0.47. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magyar Telekom Plc last dividend was issued on the 28th of April 2022. Assuming the 90 days horizon the next forecasted press release will be uncertain.
Check out Historical Fundamental Analysis of Magyar Telekom to cross-verify your projections.

Magyar Telekom Related Hype Analysis

Having access to credible news sources related to Magyar Telekom's direct competition is more important than ever and may enhance your ability to predict Magyar Telekom's future price movements. Getting to know how Magyar Telekom'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 Magyar Telekom may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
GLIBBGCI Liberty 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
GRPFFGrupo Televisa SAB 0.00 0 per month 0.00  0.09  0.00  0.00  23.33 
TIIAYTelecom Italia SpA(0.14)6 per month 1.95  0.08  3.24 (3.09) 10.11 
BCOMFB Communications 0.00 0 per month 5.29  0.06  5.44 (2.47) 73.01 
OKCTFOkinawa Cellular Telephone 0.00 0 per month 0.00  0.08  0.00  0.00  44.40 
HKBNFHKBN 0.00 0 per month 0.00  0.04  0.00  0.00  5.26 
FRRFF4imprint Group Plc 0.00 0 per month 0.00 (0.13) 0.00  0.00  41.12 
CVHSYCablevisin Holding SA 0.00 0 per month 0.00  0.14  5.88 (3.81) 21.09 
CGECFCogeco Inc 0.00 0 per month 1.89  0.08  3.05 (3.39) 8.35 
SRHBYStarHub Ltd ADR 0.00 0 per month 0.00 (0.1) 0.00  0.00  11.85 

Other Forecasting Options for Magyar Telekom

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

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

Magyar Telekom Market Strength Events

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

Magyar Telekom Risk Indicators

The analysis of Magyar Telekom'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 Magyar Telekom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magyar pink sheet 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 Magyar Telekom

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

Other Macroaxis Stories

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Additional Tools for Magyar Pink Sheet Analysis

When running Magyar Telekom's price analysis, check to measure Magyar Telekom'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 Magyar Telekom is operating at the current time. Most of Magyar Telekom's value examination focuses on studying past and present price action to predict the probability of Magyar Telekom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Telekom's price. Additionally, you may evaluate how the addition of Magyar Telekom to your portfolios can decrease your overall portfolio volatility.