New Asia Pink Sheet Forecast - Naive Prediction

NAHD Stock  USD 0  0.00  0.00%   
The Naive Prediction forecasted value of New Asia Holdings on the next trading day is expected to be 0 with a mean absolute deviation of 0.000019 and the sum of the absolute errors of 0. New Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast New Asia stock prices and determine the direction of New Asia Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of New Asia's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of New Asia'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 New Asia'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 New Asia and does not consider all of the tangible or intangible factors available from New Asia's fundamental data. We analyze noise-free headlines and recent hype associated with New Asia Holdings, which may create opportunities for some arbitrage if properly timed.
Using New Asia hype-based prediction, you can estimate the value of New Asia Holdings from the perspective of New Asia response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of New Asia Holdings on the next trading day is expected to be 0 with a mean absolute deviation of 0.000019 and the sum of the absolute errors of 0.

New Asia after-hype prediction price

    
  USD 0.004267  
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 New Asia to cross-verify your projections.

New Asia Additional Predictive Modules

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

New Asia Naive Prediction Price Forecast For the 20th of January

Given 90 days horizon, the Naive Prediction forecasted value of New Asia Holdings on the next trading day is expected to be 0 with a mean absolute deviation of 0.000019, 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 New 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 New Asia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

New Asia Pink Sheet Forecast Pattern

Backtest New AsiaNew Asia Price PredictionBuy or Sell Advice 

New Asia Forecasted Value

In the context of forecasting New Asia'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. New Asia's downside and upside margins for the forecasting period are 0.000035 and 0.76, respectively. We have considered New Asia'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
0.000035
Downside
0
Expected Value
0.76
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 New Asia pink sheet data series using in forecasting. Note that when a statistical model is used to represent New Asia 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 Criteria97.1942
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0055
SAESum of the absolute errors0.0012
This model is not at all useful as a medium-long range forecasting tool of New Asia Holdings. 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 New Asia. 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 New Asia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Asia Holdings. 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
0.0000.76
Details
Intrinsic
Valuation
LowRealHigh
0.0000.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New Asia. Your research has to be compared to or analyzed against New Asia's peers to derive any actionable benefits. When done correctly, New Asia'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 New Asia Holdings.

Other Forecasting Options for New Asia

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

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

New Asia Holdings Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of New Asia's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of New Asia's current price.

New Asia Market Strength Events

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

New Asia Risk Indicators

The analysis of New Asia'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 New Asia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting new 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in New Pink Sheet

New Asia financial ratios help investors to determine whether New Pink Sheet 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 New with respect to the benefits of owning New Asia security.