NewtekOne Depositary Stock Forecast - Triple Exponential Smoothing
| NEWTP Stock | 23.75 0.35 1.50% |
NewtekOne Stock outlook is based on your current time horizon.
As of today, The value of RSI of NewtekOne Depositary's share price is at 56. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling NewtekOne Depositary, making its price go up or down. Momentum 56
Buy Extended
Oversold | Overbought |
Using NewtekOne Depositary hype-based prediction, you can estimate the value of NewtekOne Depositary Shares from the perspective of NewtekOne Depositary response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of NewtekOne Depositary Shares on the next trading day is expected to be 23.78 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 7.97. NewtekOne Depositary after-hype prediction price | USD 23.76 |
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.
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NewtekOne Depositary Additional Predictive Modules
Most predictive techniques to examine NewtekOne price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NewtekOne using various technical indicators. When you analyze NewtekOne 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 |
NewtekOne Depositary Triple Exponential Smoothing Price Forecast For the 28th of January
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of NewtekOne Depositary Shares on the next trading day is expected to be 23.78 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.97.Please note that although there have been many attempts to predict NewtekOne Stock 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 NewtekOne Depositary's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
NewtekOne Depositary Stock Forecast Pattern
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NewtekOne Depositary Forecasted Value
In the context of forecasting NewtekOne Depositary'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. NewtekOne Depositary's downside and upside margins for the forecasting period are 23.08 and 24.47, respectively. We have considered NewtekOne Depositary'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of NewtekOne Depositary stock data series using in forecasting. Note that when a statistical model is used to represent NewtekOne Depositary 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0324 |
| MAD | Mean absolute deviation | 0.1351 |
| MAPE | Mean absolute percentage error | 0.0058 |
| SAE | Sum of the absolute errors | 7.9687 |
Predictive Modules for NewtekOne Depositary
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NewtekOne Depositary. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NewtekOne Depositary'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.
NewtekOne Depositary After-Hype Price Density Analysis
As far as predicting the price of NewtekOne Depositary 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 NewtekOne Depositary 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 NewtekOne Depositary, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NewtekOne Depositary Estimiated After-Hype Price Volatility
In the context of predicting NewtekOne Depositary's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NewtekOne Depositary's historical news coverage. NewtekOne Depositary's after-hype downside and upside margins for the prediction period are 23.06 and 24.46, respectively. We have considered NewtekOne Depositary'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
NewtekOne Depositary is very steady at this time. Analysis and calculation of next after-hype price of NewtekOne Depositary is based on 3 months time horizon.
NewtekOne Depositary Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as NewtekOne Depositary is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NewtekOne Depositary 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 NewtekOne Depositary, 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 |
0.01 | 0.70 | 0.01 | 0.00 | 4 Events / Month | 2 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
23.75 | 23.76 | 0.04 |
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NewtekOne Depositary Hype Timeline
NewtekOne Depositary is now traded for 23.75. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. NewtekOne is anticipated to increase in value after the next headline, with the price projected to jump to 23.76 or above. The average volatility of media hype impact on the company the price is about 87.5%. The price gain on the next news is projected to be 0.04%, whereas the daily expected return is now at -0.01%. The volatility of related hype on NewtekOne Depositary is about 145.83%, with the expected price after the next announcement by competition of 23.75. The company reported the revenue of 318.85 M. Net Income was 50.85 M with profit before overhead, payroll, taxes, and interest of 0. Assuming the 90 days horizon the next anticipated press release will be in about 4 days. Check out Historical Fundamental Analysis of NewtekOne Depositary to cross-verify your projections.NewtekOne Depositary Related Hype Analysis
Having access to credible news sources related to NewtekOne Depositary's direct competition is more important than ever and may enhance your ability to predict NewtekOne Depositary's future price movements. Getting to know how NewtekOne Depositary'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 NewtekOne Depositary may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MSIF | MSCome Fund | 0.00 | 0 per month | 1.51 | 0.04 | 2.91 | (2.49) | 11.44 | |
| GAIN | Gladstone Investment | 0.80 | 8 per month | 0.67 | (0.06) | 1.23 | (1.23) | 3.47 | |
| EIC | Eagle Pointome | 0.00 | 0 per month | 0.00 | (0.20) | 1.37 | (2.07) | 5.65 | |
| GAM | General American Investors | 0.80 | 14 per month | 0.35 | 0.05 | 1.04 | (0.83) | 2.57 | |
| FDUS | Fidus Investment Corp | 0.80 | 24 per month | 0.00 | (0.11) | 1.94 | (1.82) | 5.39 |
Other Forecasting Options for NewtekOne Depositary
For every potential investor in NewtekOne, whether a beginner or expert, NewtekOne Depositary's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NewtekOne Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NewtekOne. Basic forecasting techniques help filter out the noise by identifying NewtekOne Depositary's price trends.NewtekOne Depositary 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 NewtekOne Depositary stock to make a market-neutral strategy. Peer analysis of NewtekOne Depositary could also be used in its relative valuation, which is a method of valuing NewtekOne Depositary by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NewtekOne Depositary Market Strength Events
Market strength indicators help investors to evaluate how NewtekOne Depositary stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NewtekOne Depositary shares will generate the highest return on investment. By undertsting and applying NewtekOne Depositary stock market strength indicators, traders can identify NewtekOne Depositary Shares entry and exit signals to maximize returns.
NewtekOne Depositary Risk Indicators
The analysis of NewtekOne Depositary'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 NewtekOne Depositary's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting newtekone 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 | 0.5481 | |||
| Standard Deviation | 0.6954 | |||
| Variance | 0.4835 |
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 NewtekOne Depositary
The number of cover stories for NewtekOne Depositary depends on current market conditions and NewtekOne Depositary's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NewtekOne Depositary 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 NewtekOne Depositary'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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NewtekOne Depositary Short Properties
NewtekOne Depositary's future price predictability will typically decrease when NewtekOne Depositary's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NewtekOne Depositary Shares often depends not only on the future outlook of the potential NewtekOne Depositary'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. NewtekOne Depositary's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.2 M | |
| Cash And Short Term Investments | 353.1 M |
Additional Tools for NewtekOne Stock Analysis
When running NewtekOne Depositary's price analysis, check to measure NewtekOne Depositary'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 NewtekOne Depositary is operating at the current time. Most of NewtekOne Depositary's value examination focuses on studying past and present price action to predict the probability of NewtekOne Depositary's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewtekOne Depositary's price. Additionally, you may evaluate how the addition of NewtekOne Depositary to your portfolios can decrease your overall portfolio volatility.