Oneconnect Financial Stock Forward View
| OCFTDelisted Stock | USD 7.89 0.00 0.00% |
Oneconnect Stock outlook is based on your current time horizon.
The value of RSI of Oneconnect Financial's stock price is slightly above 65. 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 Oneconnect, making its price go up or down. Momentum 65
Buy Extended
Oversold | Overbought |
Using Oneconnect Financial hype-based prediction, you can estimate the value of Oneconnect Financial Technology from the perspective of Oneconnect Financial response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Oneconnect Financial Technology on the next trading day is expected to be 7.75 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.51. Oneconnect Financial after-hype prediction price | USD 7.89 |
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.
Oneconnect |
Oneconnect Financial Additional Predictive Modules
Most predictive techniques to examine Oneconnect price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Oneconnect using various technical indicators. When you analyze Oneconnect 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 |
Oneconnect Financial Naive Prediction Price Forecast For the 3rd of February
Given 90 days horizon, the Naive Prediction forecasted value of Oneconnect Financial Technology on the next trading day is expected to be 7.75 with a mean absolute deviation of 0.06, mean absolute percentage error of 0, and the sum of the absolute errors of 3.51.Please note that although there have been many attempts to predict Oneconnect 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 Oneconnect Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Oneconnect Financial Stock Forecast Pattern
| Backtest Oneconnect Financial | Oneconnect Financial Price Prediction | Research Analysis |
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 Oneconnect Financial stock data series using in forecasting. Note that when a statistical model is used to represent Oneconnect Financial 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 | 112.7745 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0576 |
| MAPE | Mean absolute percentage error | 0.0076 |
| SAE | Sum of the absolute errors | 3.512 |
Predictive Modules for Oneconnect Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oneconnect Financial. 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.Oneconnect Financial After-Hype Price Density Analysis
As far as predicting the price of Oneconnect Financial 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 Oneconnect Financial 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 Oneconnect Financial, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Oneconnect Financial Estimiated After-Hype Price Volatility
In the context of predicting Oneconnect Financial's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Oneconnect Financial's historical news coverage. Oneconnect Financial's after-hype downside and upside margins for the prediction period are 7.89 and 7.89, respectively. We have considered Oneconnect Financial'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
Oneconnect Financial is very steady at this time. Analysis and calculation of next after-hype price of Oneconnect Financial is based on 3 months time horizon.
Oneconnect Financial Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Oneconnect Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oneconnect Financial 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 Oneconnect Financial, 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 | 20 Events / Month | 7 Events / Month | In about 20 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
7.89 | 7.89 | 0.00 |
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Oneconnect Financial Hype Timeline
Oneconnect Financial is now traded for 7.89. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Oneconnect 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 0.0%. %. The volatility of related hype on Oneconnect Financial is about 0.0%, with the expected price after the next announcement by competition of 7.89. The company has price-to-book ratio of 0.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Oneconnect Financial recorded a loss per share of 2.61. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 12th of December 2022. Given the investment horizon of 90 days the next forecasted press release will be in about 20 days. Check out Your Equity Center 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 various price indices.Oneconnect Financial Related Hype Analysis
Having access to credible news sources related to Oneconnect Financial's direct competition is more important than ever and may enhance your ability to predict Oneconnect Financial's future price movements. Getting to know how Oneconnect Financial'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 Oneconnect Financial may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ALTS | ALT5 Sigma | 0.22 | 8 per month | 5.93 | 0.02 | 15.07 | (9.81) | 40.07 | |
| SMRT | SmartRent | (0.11) | 6 per month | 2.16 | 0.05 | 5.75 | (4.06) | 21.69 | |
| FRGE | Forge Global Holdings | 0.12 | 8 per month | 0.00 | 0.18 | 8.91 | (0.56) | 69.57 | |
| AZ | A2Z Smart Technologies | 0.06 | 10 per month | 0.00 | (0.01) | 7.60 | (7.74) | 25.03 | |
| TRAK | ReposiTrak | (0.03) | 9 per month | 0.00 | (0.28) | 2.07 | (4.38) | 9.78 | |
| GPRO | GoPro Inc | 0.14 | 10 per month | 0.00 | (0.22) | 4.64 | (7.93) | 18.60 | |
| EGHT | 8x8 Common Stock | 0.03 | 9 per month | 0.00 | (0.05) | 4.40 | (4.84) | 34.75 | |
| ONTF | ON24 Inc | 0.00 | 9 per month | 1.42 | 0.12 | 4.60 | (3.14) | 38.78 | |
| DGXX | Digi Power X | (0.05) | 10 per month | 0.00 | (0.11) | 15.26 | (12.53) | 46.52 | |
| MRT | Marti Technologies | (0.13) | 7 per month | 0.00 | (0.08) | 4.98 | (4.02) | 20.93 |
Oneconnect Financial 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 Oneconnect Financial stock to make a market-neutral strategy. Peer analysis of Oneconnect Financial could also be used in its relative valuation, which is a method of valuing Oneconnect Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Oneconnect Financial Market Strength Events
Market strength indicators help investors to evaluate how Oneconnect Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oneconnect Financial shares will generate the highest return on investment. By undertsting and applying Oneconnect Financial stock market strength indicators, traders can identify Oneconnect Financial Technology entry and exit signals to maximize returns.
Oneconnect Financial Risk Indicators
The analysis of Oneconnect Financial'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 Oneconnect Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oneconnect 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 | 0.5711 | |||
| Semi Deviation | 0.5199 | |||
| Standard Deviation | 0.8325 | |||
| Variance | 0.693 | |||
| Downside Variance | 0.7941 | |||
| Semi Variance | 0.2703 | |||
| Expected Short fall | (0.79) |
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 Oneconnect Financial
The number of cover stories for Oneconnect Financial depends on current market conditions and Oneconnect Financial's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Oneconnect Financial 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 Oneconnect Financial'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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Oneconnect Financial Short Properties
Oneconnect Financial's future price predictability will typically decrease when Oneconnect Financial's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Oneconnect Financial Technology often depends not only on the future outlook of the potential Oneconnect Financial'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. Oneconnect Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.3 M | |
| Cash And Short Term Investments | 2.4 B |
Check out Your Equity Center 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 various price indices. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in Oneconnect Stock
If you are still planning to invest in Oneconnect Financial 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 Oneconnect Financial's history and understand the potential risks before investing.
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