Onfolio Holdings Stock Forecast - Naive Prediction

ONFOW Stock  USD 0.1  0.02  24.88%   
The Naive Prediction forecasted value of Onfolio Holdings Warrant on the next trading day is expected to be 0.15 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.14. Onfolio Stock Forecast is based on your current time horizon.
At this time, the relative strength index (RSI) of Onfolio Holdings' share price is approaching 41. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Onfolio Holdings, making its price go up or down.

Momentum 41

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Onfolio Holdings' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Onfolio Holdings and does not consider all of the tangible or intangible factors available from Onfolio Holdings' fundamental data. We analyze noise-free headlines and recent hype associated with Onfolio Holdings Warrant, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Onfolio Holdings' stock price prediction:
Quarterly Revenue Growth
0.363
Using Onfolio Holdings hype-based prediction, you can estimate the value of Onfolio Holdings Warrant from the perspective of Onfolio Holdings response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Onfolio Holdings Warrant on the next trading day is expected to be 0.15 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.14.

Onfolio Holdings after-hype prediction price

    
  USD 0.1  
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.
Check out Historical Fundamental Analysis of Onfolio Holdings to cross-verify your projections.
For more information on how to buy Onfolio Stock please use our How to Invest in Onfolio Holdings guide.

Onfolio Holdings Additional Predictive Modules

Most predictive techniques to examine Onfolio price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Onfolio using various technical indicators. When you analyze Onfolio 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.
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Onfolio Holdings' financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
548.4 K
Current Value
521 K
Quarterly Volatility
1.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Onfolio Holdings is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Onfolio Holdings Warrant value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Onfolio Holdings Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Onfolio Holdings Warrant on the next trading day is expected to be 0.15 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0006, and the sum of the absolute errors of 1.14.
Please note that although there have been many attempts to predict Onfolio 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 Onfolio Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Onfolio Holdings Stock Forecast Pattern

Backtest Onfolio HoldingsOnfolio Holdings Price PredictionBuy or Sell Advice 

Onfolio Holdings Forecasted Value

In the context of forecasting Onfolio Holdings' 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. Onfolio Holdings' downside and upside margins for the forecasting period are 0.001 and 11.40, respectively. We have considered Onfolio Holdings' 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.
Market Value
0.1
0.15
Expected Value
11.40
Upside

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 Onfolio Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Onfolio Holdings 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.
AICAkaike Information Criteria110.6421
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0187
MAPEMean absolute percentage error0.1359
SAESum of the absolute errors1.1403
This model is not at all useful as a medium-long range forecasting tool of Onfolio Holdings Warrant. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Onfolio Holdings. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Onfolio Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Onfolio Holdings Warrant. 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.
Hype
Prediction
LowEstimatedHigh
0.010.1011.27
Details
Intrinsic
Valuation
LowRealHigh
0.000.111.27
Details

Onfolio Holdings After-Hype Price Prediction Density Analysis

As far as predicting the price of Onfolio Holdings 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 Onfolio Holdings 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 Onfolio Holdings, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Onfolio Holdings Estimiated After-Hype Price Volatility

In the context of predicting Onfolio Holdings' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Onfolio Holdings' historical news coverage. Onfolio Holdings' after-hype downside and upside margins for the prediction period are 0.01 and 11.27, respectively. We have considered Onfolio Holdings' 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
0.1
0.10
After-hype Price
11.27
Upside
Onfolio Holdings is out of control at this time. Analysis and calculation of next after-hype price of Onfolio Holdings Warrant is based on 3 months time horizon.

Onfolio Holdings Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Onfolio Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Onfolio Holdings 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 Onfolio Holdings, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.43 
11.25
  0.01 
  0.01 
6 Events / Month
5 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.1
0.10
0.10 
37,500  
Notes

Onfolio Holdings Hype Timeline

Onfolio Holdings Warrant is now traded for 0.1. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.01. Onfolio is estimated to increase in value after the next headline, with the price projected to jump to 0.1 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is projected to be 0.1%, whereas the daily expected return is now at -0.43%. The volatility of related hype on Onfolio Holdings is about 42187.5%, with the expected price after the next announcement by competition of 0.11. The company reported the revenue of 7.86 M. Net Loss for the year was (1.77 M) with profit before overhead, payroll, taxes, and interest of 6.78 M. Assuming the 90 days horizon the next estimated press release will be in about 6 days.
Check out Historical Fundamental Analysis of Onfolio Holdings to cross-verify your projections.
For more information on how to buy Onfolio Stock please use our How to Invest in Onfolio Holdings guide.

Onfolio Holdings Related Hype Analysis

Having access to credible news sources related to Onfolio Holdings' direct competition is more important than ever and may enhance your ability to predict Onfolio Holdings' future price movements. Getting to know how Onfolio Holdings' 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 Onfolio Holdings may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
SLESuper League Enterprise(0.01)8 per month 0.00 (0.27) 11.71 (17.63) 43.93 
SEATVivid Seats(0.01)4 per month 0.00 (0.17) 6.86 (10.82) 24.24 
FENGPhoenix New Media(0.13)12 per month 0.00 (0.14) 3.86 (6.03) 15.12 
CHRCheer Holding 0.01 7 per month 0.00 (0.14) 13.67 (20.00) 58.33 
ADVAdvantage Solutions 0.26 25 per month 0.00 (0.17) 6.67 (6.82) 22.81 
MOBQMobiquity Technologies 0.00 0 per month 0.00 (0.08) 14.29 (10.59) 38.78 
CMLSCumulus Media Class(0.01)4 per month 11.16  0.02  30.00 (17.02) 70.57 
KORGWKORGW 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
MNYMoneyHero Limited Class 0.13 8 per month 4.31  0.04  9.85 (5.76) 39.95 

Other Forecasting Options for Onfolio Holdings

For every potential investor in Onfolio, whether a beginner or expert, Onfolio Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Onfolio Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Onfolio. Basic forecasting techniques help filter out the noise by identifying Onfolio Holdings' price trends.

Onfolio Holdings 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 Onfolio Holdings stock to make a market-neutral strategy. Peer analysis of Onfolio Holdings could also be used in its relative valuation, which is a method of valuing Onfolio Holdings by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Onfolio Holdings Market Strength Events

Market strength indicators help investors to evaluate how Onfolio Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Onfolio Holdings shares will generate the highest return on investment. By undertsting and applying Onfolio Holdings stock market strength indicators, traders can identify Onfolio Holdings Warrant entry and exit signals to maximize returns.

Onfolio Holdings Risk Indicators

The analysis of Onfolio Holdings' 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 Onfolio Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting onfolio 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.
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 Onfolio Holdings

The number of cover stories for Onfolio Holdings depends on current market conditions and Onfolio Holdings' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Onfolio Holdings 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 Onfolio Holdings' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Onfolio Holdings Short Properties

Onfolio Holdings' future price predictability will typically decrease when Onfolio Holdings' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Onfolio Holdings Warrant often depends not only on the future outlook of the potential Onfolio Holdings' 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. Onfolio Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding5.1 M
Cash And Short Term Investments476.9 K

Additional Tools for Onfolio Stock Analysis

When running Onfolio Holdings' price analysis, check to measure Onfolio Holdings' 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 Onfolio Holdings is operating at the current time. Most of Onfolio Holdings' value examination focuses on studying past and present price action to predict the probability of Onfolio Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onfolio Holdings' price. Additionally, you may evaluate how the addition of Onfolio Holdings to your portfolios can decrease your overall portfolio volatility.