Novus Acquisition Pink Sheet Forecast - Simple Regression
| NDEV Stock | USD 0.01 0 10.40% |
The Simple Regression forecasted value of Novus Acquisition and on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.12. Novus Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Novus Acquisition'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 Novus Acquisition hype-based prediction, you can estimate the value of Novus Acquisition and from the perspective of Novus Acquisition response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Novus Acquisition and on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.12. Novus Acquisition after-hype prediction price | USD 0.01 |
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.
Novus |
Novus Acquisition Additional Predictive Modules
Most predictive techniques to examine Novus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Novus using various technical indicators. When you analyze Novus 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 | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Novus Acquisition Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of Novus Acquisition and on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000938, and the sum of the absolute errors of 0.12.Please note that although there have been many attempts to predict Novus 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 Novus Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Novus Acquisition Pink Sheet Forecast Pattern
| Backtest Novus Acquisition | Novus Acquisition Price Prediction | Buy or Sell Advice |
Novus Acquisition Forecasted Value
In the context of forecasting Novus Acquisition'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. Novus Acquisition's downside and upside margins for the forecasting period are 0.0001 and 17.14, respectively. We have considered Novus Acquisition'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Novus Acquisition pink sheet data series using in forecasting. Note that when a statistical model is used to represent Novus Acquisition 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 | 108.3717 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0019 |
| MAPE | Mean absolute percentage error | 0.105 |
| SAE | Sum of the absolute errors | 0.1154 |
Predictive Modules for Novus Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Novus Acquisition. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Novus Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Novus Acquisition After-Hype Price Prediction Density Analysis
As far as predicting the price of Novus Acquisition 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 Novus Acquisition 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 Novus Acquisition, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Novus Acquisition Estimiated After-Hype Price Volatility
In the context of predicting Novus Acquisition's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Novus Acquisition's historical news coverage. Novus Acquisition's after-hype downside and upside margins for the prediction period are 0.00 and 17.00, respectively. We have considered Novus Acquisition'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
Novus Acquisition is out of control at this time. Analysis and calculation of next after-hype price of Novus Acquisition is based on 3 months time horizon.
Novus Acquisition Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Novus Acquisition is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Novus Acquisition 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 Novus Acquisition, 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 |
0.99 | 17.13 | 0.05 | 0.01 | 13 Events / Month | 3 Events / Month | In about 13 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.01 | 0.01 | 27.54 |
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Novus Acquisition Hype Timeline
Novus Acquisition is now traded for 0.01. The entity has historical hype elasticity of 0.05, and average elasticity to hype of competition of 0.01. Novus is forecasted to decline in value after the next headline, with the price expected to drop to 0.01. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -27.54%, whereas the daily expected return is now at 0.99%. The volatility of related hype on Novus Acquisition is about 114200.0%, with the expected price after the next announcement by competition of 0.02. The company had not issued any dividends in recent years. Novus Acquisition had 1:50 split on the 9th of January 2013. Given the investment horizon of 90 days the next forecasted press release will be in about 13 days. Check out Historical Fundamental Analysis of Novus Acquisition to cross-verify your projections.Novus Acquisition Related Hype Analysis
Having access to credible news sources related to Novus Acquisition's direct competition is more important than ever and may enhance your ability to predict Novus Acquisition's future price movements. Getting to know how Novus Acquisition'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 Novus Acquisition may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AGSS | Ameriguard Security Services | 0.00 | 0 per month | 10.53 | 0.07 | 34.86 | (26.78) | 92.13 | |
| IBKKF | iMining Blockchain and | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| LGCP | Legion Capital | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 86.49 | |
| MVCO | Meadow Valley Corp | 0.00 | 0 per month | 8.37 | 0.08 | 16.67 | (15.38) | 81.25 | |
| NGRC | National Graphite Corp | (0.02) | 22 per month | 9.76 | 0.10 | 33.33 | (25.00) | 107.96 | |
| LZGI | LZG International | 0.00 | 0 per month | 0.00 | 0.05 | 0.00 | 0.00 | 100.00 | |
| AVVH | AVVAA World Health | 0.05 | 18 per month | 9.58 | 0.06 | 23.53 | (17.50) | 57.10 | |
| ADIA | Adia Nutrition | 0.06 | 9 per month | 11.85 | 0.18 | 35.71 | (28.57) | 84.74 | |
| QCAAF | Quinsam Capital Corp | 0.06 | 12 per month | 0.00 | (0.18) | 0.00 | 0.00 | 6.56 | |
| LFLS | Loans4LessCom | 0.00 | 0 per month | 0.00 | 0.10 | 0.00 | 0.00 | 40.00 |
Other Forecasting Options for Novus Acquisition
For every potential investor in Novus, whether a beginner or expert, Novus Acquisition's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Novus Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Novus. Basic forecasting techniques help filter out the noise by identifying Novus Acquisition's price trends.Novus Acquisition 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 Novus Acquisition pink sheet to make a market-neutral strategy. Peer analysis of Novus Acquisition could also be used in its relative valuation, which is a method of valuing Novus Acquisition by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Novus Acquisition Market Strength Events
Market strength indicators help investors to evaluate how Novus Acquisition 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 Novus Acquisition shares will generate the highest return on investment. By undertsting and applying Novus Acquisition pink sheet market strength indicators, traders can identify Novus Acquisition and entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.1 | |||
| Day Median Price | 0.0138 | |||
| Day Typical Price | 0.0138 | |||
| Price Action Indicator | 7.0E-4 | |||
| Period Momentum Indicator | 0.0013 |
Novus Acquisition Risk Indicators
The analysis of Novus Acquisition'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 Novus Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting novus 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.
| Mean Deviation | 12.08 | |||
| Semi Deviation | 13.16 | |||
| Standard Deviation | 17.36 | |||
| Variance | 301.31 | |||
| Downside Variance | 251.91 | |||
| Semi Variance | 173.2 | |||
| Expected Short fall | (15.94) |
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 Novus Acquisition
The number of cover stories for Novus Acquisition depends on current market conditions and Novus Acquisition's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Novus Acquisition 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 Novus Acquisition'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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Additional Tools for Novus Pink Sheet Analysis
When running Novus Acquisition's price analysis, check to measure Novus Acquisition'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 Novus Acquisition is operating at the current time. Most of Novus Acquisition's value examination focuses on studying past and present price action to predict the probability of Novus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novus Acquisition's price. Additionally, you may evaluate how the addition of Novus Acquisition to your portfolios can decrease your overall portfolio volatility.