National Energy Stock Forward View - Simple Exponential Smoothing
| NESRWDelisted Stock | USD 0.50 0.01 2.04% |
National Stock outlook is based on your current time horizon.
The value of RSI of National Energy's stock price is slightly above 61. This indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling National, making its price go up or down. Momentum 61
Buy Extended
Oversold | Overbought |
Using National Energy hype-based prediction, you can estimate the value of National Energy Services from the perspective of National Energy response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of National Energy Services on the next trading day is expected to be 0.50 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.69. National Energy after-hype prediction price | USD 0.5 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
National |
National Energy Additional Predictive Modules
Most predictive techniques to examine National price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for National using various technical indicators. When you analyze National 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
National Energy Simple Exponential Smoothing Price Forecast For the 21st of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of National Energy Services on the next trading day is expected to be 0.50 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.69.Please note that although there have been many attempts to predict National 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 National Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
National Energy Stock Forecast Pattern
| Backtest National Energy | National Energy Price Prediction | Research Analysis |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of National Energy stock data series using in forecasting. Note that when a statistical model is used to represent National Energy 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.| AIC | Akaike Information Criteria | 110.2383 |
| Bias | Arithmetic mean of the errors | -0.006 |
| MAD | Mean absolute deviation | 0.0282 |
| MAPE | Mean absolute percentage error | 0.0727 |
| SAE | Sum of the absolute errors | 1.69 |
Predictive Modules for National Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as National Energy Services. 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.National Energy After-Hype Price Density Analysis
As far as predicting the price of National Energy 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 National Energy 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 National Energy, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
National Energy Estimiated After-Hype Price Volatility
In the context of predicting National Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on National Energy's historical news coverage. National Energy's after-hype downside and upside margins for the prediction period are 0.50 and 0.50, respectively. We have considered National Energy'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
National Energy is very steady at this time. Analysis and calculation of next after-hype price of National Energy Services is based on 3 months time horizon.
National Energy Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as National Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading National Energy 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 Delisted 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 National Energy, 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 | 6 Events / Month | 2 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.50 | 0.50 | 0.00 |
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National Energy Hype Timeline
National Energy Services is now traded for 0.50. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. National is projected 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 projected to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on National Energy is about 0.0%, with the expected price after the next announcement by competition of 0.50. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next projected press release will be in about 6 days. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.National Energy Related Hype Analysis
Having access to credible news sources related to National Energy's direct competition is more important than ever and may enhance your ability to predict National Energy's future price movements. Getting to know how National Energy'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 National Energy may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NPKI | NPK International | 0.65 | 7 per month | 1.71 | 0.12 | 3.95 | (3.24) | 10.46 | |
| ROCC | Ranger Oil Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| INVX | Innovex International | 0.65 | 8 per month | 1.69 | 0.12 | 4.96 | (3.41) | 12.82 | |
| SEI | Solaris Energy Infrastructure | (8.47) | 8 per month | 4.95 | 0.05 | 7.11 | (7.22) | 24.02 | |
| OSG | Octave Specialty Group | (0.38) | 7 per month | 0.00 | (0.35) | 2.88 | (3.99) | 8.90 | |
| TNP | Tsakos Energy Navigation | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| TELL | Tellurian | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CCLP | CSI Compressco LP | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SBOW | SilverBow Resources | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
National Energy 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 National Energy stock to make a market-neutral strategy. Peer analysis of National Energy could also be used in its relative valuation, which is a method of valuing National Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
National Energy Market Strength Events
Market strength indicators help investors to evaluate how National Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Energy shares will generate the highest return on investment. By undertsting and applying National Energy stock market strength indicators, traders can identify National Energy Services entry and exit signals to maximize returns.
National Energy Risk Indicators
The analysis of National Energy'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 National Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting national stock 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 | 8.69 | |||
| Semi Deviation | 8.57 | |||
| Standard Deviation | 15.32 | |||
| Variance | 234.66 | |||
| Downside Variance | 121.03 | |||
| Semi Variance | 73.53 | |||
| Expected Short fall | (13.83) |
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 National Energy
The number of cover stories for National Energy depends on current market conditions and National Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that National Energy 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 National Energy'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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National Energy Short Properties
National Energy's future price predictability will typically decrease when National Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of National Energy Services often depends not only on the future outlook of the potential National Energy'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. National Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 95.7 M | |
| Cash And Short Term Investments | 108 M |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in National Stock
If you are still planning to invest in National Energy Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the National Energy's history and understand the potential risks before investing.
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