Nokian Renkaat Pink Sheet Forward View
| NKRKF Stock | USD 10.26 0.00 0.00% |
Nokian Pink Sheet outlook is based on your current time horizon. We suggest always using this module together with an analysis of Nokian Renkaat's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 7th of February 2026 the relative strength index (rsi) of Nokian Renkaat'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 Nokian Renkaat hype-based prediction, you can estimate the value of Nokian Renkaat Oyj from the perspective of Nokian Renkaat response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Nokian Renkaat Oyj on the next trading day is expected to be 10.22 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.15. Nokian Renkaat after-hype prediction price | USD 10.26 |
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.
Nokian |
Nokian Renkaat Additional Predictive Modules
Most predictive techniques to examine Nokian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nokian using various technical indicators. When you analyze Nokian 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 |
Nokian Renkaat Naive Prediction Price Forecast For the 8th of February
Given 90 days horizon, the Naive Prediction forecasted value of Nokian Renkaat Oyj on the next trading day is expected to be 10.22 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0008, and the sum of the absolute errors of 1.15.Please note that although there have been many attempts to predict Nokian 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 Nokian Renkaat's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nokian Renkaat Pink Sheet Forecast Pattern
| Backtest Nokian Renkaat | Nokian Renkaat Price Prediction | Research Analysis |
Nokian Renkaat Forecasted Value
In the context of forecasting Nokian Renkaat'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. Nokian Renkaat's downside and upside margins for the forecasting period are 9.90 and 10.53, respectively. We have considered Nokian Renkaat'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Nokian Renkaat pink sheet data series using in forecasting. Note that when a statistical model is used to represent Nokian Renkaat 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 | 110.9937 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0189 |
| MAPE | Mean absolute percentage error | 0.0018 |
| SAE | Sum of the absolute errors | 1.1522 |
Predictive Modules for Nokian Renkaat
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nokian Renkaat Oyj. 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.Nokian Renkaat After-Hype Price Density Analysis
As far as predicting the price of Nokian Renkaat 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 Nokian Renkaat 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 Nokian Renkaat, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Nokian Renkaat Estimiated After-Hype Price Volatility
In the context of predicting Nokian Renkaat's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nokian Renkaat's historical news coverage. Nokian Renkaat's after-hype downside and upside margins for the prediction period are 9.94 and 10.58, respectively. We have considered Nokian Renkaat'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
Nokian Renkaat is very steady at this time. Analysis and calculation of next after-hype price of Nokian Renkaat Oyj is based on 3 months time horizon.
Nokian Renkaat Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Nokian Renkaat is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nokian Renkaat 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 Nokian Renkaat, 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 |
0.02 | 0.31 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
10.26 | 10.26 | 0.00 |
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Nokian Renkaat Hype Timeline
Nokian Renkaat Oyj is now traded for 10.26. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Nokian 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 -0.02%. %. The volatility of related hype on Nokian Renkaat is about 0.0%, with the expected price after the next announcement by competition of 10.26. About 12.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.86. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nokian Renkaat Oyj last dividend was issued on the 2nd of November 2022. The entity had 10:1 split on the 18th of April 2005. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Nokian Renkaat to cross-verify your projections.Nokian Renkaat Related Hype Analysis
Having access to credible news sources related to Nokian Renkaat's direct competition is more important than ever and may enhance your ability to predict Nokian Renkaat's future price movements. Getting to know how Nokian Renkaat'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 Nokian Renkaat may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HINOF | Hino Motors | 0.00 | 0 per month | 0.00 | (0.22) | 0.00 | 0.00 | 7.48 | |
| HINOY | Hino Motors Ltd | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 16.59 | |
| GMPUF | Gestamp Automocin SA | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 3.42 | |
| DELTF | Delta Galil Industries | 0.00 | 0 per month | 0.00 | (0.27) | 0.00 | 0.00 | 4.93 | |
| MDEVF | Melco International Development | 0.00 | 0 per month | 0.00 | (0.08) | 0.00 | (1.69) | 9.62 | |
| RHUHF | Richelieu Hardware | 0.00 | 0 per month | 0.27 | 0.12 | 2.59 | (1.06) | 9.76 | |
| SNMSF | Spin Master Corp | 0.00 | 0 per month | 0.00 | (0.05) | 3.05 | (2.64) | 12.21 | |
| NNRHF | Neinor Homes SA | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SSPPF | SSP Group PLC | 0.00 | 0 per month | 0.00 | 0.05 | 0.00 | 0.00 | 46.20 | |
| TSIOF | 361 Degrees International | 0.00 | 0 per month | 0.00 | (0.22) | 0.00 | 0.00 | 7.66 |
Other Forecasting Options for Nokian Renkaat
For every potential investor in Nokian, whether a beginner or expert, Nokian Renkaat's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nokian Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nokian. Basic forecasting techniques help filter out the noise by identifying Nokian Renkaat's price trends.Nokian Renkaat 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 Nokian Renkaat pink sheet to make a market-neutral strategy. Peer analysis of Nokian Renkaat could also be used in its relative valuation, which is a method of valuing Nokian Renkaat by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nokian Renkaat Market Strength Events
Market strength indicators help investors to evaluate how Nokian Renkaat 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 Nokian Renkaat shares will generate the highest return on investment. By undertsting and applying Nokian Renkaat pink sheet market strength indicators, traders can identify Nokian Renkaat Oyj entry and exit signals to maximize returns.
Nokian Renkaat Risk Indicators
The analysis of Nokian Renkaat'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 Nokian Renkaat's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nokian 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 | 0.0691 | |||
| Standard Deviation | 0.301 | |||
| Variance | 0.0906 |
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 Nokian Renkaat
The number of cover stories for Nokian Renkaat depends on current market conditions and Nokian Renkaat's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nokian Renkaat 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 Nokian Renkaat'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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Other Information on Investing in Nokian Pink Sheet
Nokian Renkaat financial ratios help investors to determine whether Nokian 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 Nokian with respect to the benefits of owning Nokian Renkaat security.