Syntec Optics Stock Forecast - Simple Regression
| OPTX Stock | 4.81 0.10 2.12% |
Syntec Stock outlook is based on your current time horizon.
The relative strength index (RSI) of Syntec Optics' stock price is slightly above 63. 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 Syntec, making its price go up or down. Momentum 63
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.57) | Quarterly Revenue Growth (0.12) |
Using Syntec Optics hype-based prediction, you can estimate the value of Syntec Optics Holdings from the perspective of Syntec Optics response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Syntec Optics Holdings on the next trading day is expected to be 3.85 with a mean absolute deviation of 0.72 and the sum of the absolute errors of 43.87. Syntec Optics after-hype prediction price | USD 4.56 |
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 Syntec Optics to cross-verify your projections. Syntec Optics Additional Predictive Modules
Most predictive techniques to examine Syntec price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Syntec using various technical indicators. When you analyze Syntec 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 |
Syntec Optics Simple Regression Price Forecast For the 27th of January
Given 90 days horizon, the Simple Regression forecasted value of Syntec Optics Holdings on the next trading day is expected to be 3.85 with a mean absolute deviation of 0.72, mean absolute percentage error of 0.69, and the sum of the absolute errors of 43.87.Please note that although there have been many attempts to predict Syntec 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 Syntec Optics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Syntec Optics Stock Forecast Pattern
| Backtest Syntec Optics | Syntec Optics Price Prediction | Buy or Sell Advice |
Syntec Optics Forecasted Value
In the context of forecasting Syntec Optics' 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. Syntec Optics' downside and upside margins for the forecasting period are 0.05 and 13.98, respectively. We have considered Syntec Optics' 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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Syntec Optics stock data series using in forecasting. Note that when a statistical model is used to represent Syntec Optics 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 | 117.742 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.7192 |
| MAPE | Mean absolute percentage error | 0.3464 |
| SAE | Sum of the absolute errors | 43.8705 |
Predictive Modules for Syntec Optics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Syntec Optics Holdings. 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 Syntec Optics' 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.
Syntec Optics After-Hype Price Density Analysis
As far as predicting the price of Syntec Optics 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 Syntec Optics 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 Syntec Optics, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Syntec Optics Estimiated After-Hype Price Volatility
In the context of predicting Syntec Optics' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Syntec Optics' historical news coverage. Syntec Optics' after-hype downside and upside margins for the prediction period are 0.23 and 14.77, respectively. We have considered Syntec Optics' 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
Syntec Optics is dangerous at this time. Analysis and calculation of next after-hype price of Syntec Optics Holdings is based on 3 months time horizon.
Syntec Optics Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Syntec Optics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Syntec Optics 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 Syntec Optics, 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 |
1.35 | 10.13 | 0.15 | 0.18 | 9 Events / Month | 6 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
4.81 | 4.56 | 3.18 |
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Syntec Optics Hype Timeline
Syntec Optics Holdings is now traded for 4.81. The entity has historical hype elasticity of -0.15, and average elasticity to hype of competition of 0.18. Syntec is anticipated to decline in value after the next headline, with the price expected to drop to 4.56. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -3.18%, whereas the daily expected return is now at 1.35%. The volatility of related hype on Syntec Optics is about 7674.24%, with the expected price after the next announcement by competition of 4.99. About 83.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.08. Syntec Optics Holdings had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days. Check out Historical Fundamental Analysis of Syntec Optics to cross-verify your projections.Syntec Optics Related Hype Analysis
Having access to credible news sources related to Syntec Optics' direct competition is more important than ever and may enhance your ability to predict Syntec Optics' future price movements. Getting to know how Syntec Optics' 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 Syntec Optics may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GAUZ | Gauzy Ltd Ordinary | (0.01) | 11 per month | 0.00 | (0.18) | 16.83 | (16.67) | 59.08 | |
| MIND | Mind Technology | (0.24) | 10 per month | 6.67 | (0.01) | 8.99 | (9.24) | 37.32 | |
| LINK | Interlink Electronics | 0.28 | 9 per month | 0.00 | (0.16) | 7.43 | (8.24) | 23.35 | |
| GNSS | Genasys | (0.01) | 9 per month | 0.00 | (0.04) | 3.56 | (4.62) | 16.06 | |
| SLNH | Soluna Holdings | (0.27) | 9 per month | 0.00 | (0.14) | 16.25 | (13.18) | 41.38 | |
| TCGL | TechCreate Group | 0.05 | 4 per month | 1.75 | 0.21 | 5.70 | (3.47) | 32.11 | |
| MLGO | MicroAlgo | 0.12 | 6 per month | 0.00 | (0.13) | 8.69 | (10.15) | 24.69 | |
| NA | Nano Labs | (1.10) | 8 per month | 0.00 | (0.08) | 7.45 | (6.20) | 38.30 | |
| VELO | Velo3D | 3.07 | 7 per month | 8.88 | 0.16 | 24.10 | (13.86) | 74.12 | |
| SILC | Silicom | (0.57) | 9 per month | 3.22 | (0.02) | 5.00 | (3.78) | 18.46 |
Other Forecasting Options for Syntec Optics
For every potential investor in Syntec, whether a beginner or expert, Syntec Optics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Syntec Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Syntec. Basic forecasting techniques help filter out the noise by identifying Syntec Optics' price trends.Syntec Optics 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 Syntec Optics stock to make a market-neutral strategy. Peer analysis of Syntec Optics could also be used in its relative valuation, which is a method of valuing Syntec Optics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Syntec Optics Market Strength Events
Market strength indicators help investors to evaluate how Syntec Optics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Syntec Optics shares will generate the highest return on investment. By undertsting and applying Syntec Optics stock market strength indicators, traders can identify Syntec Optics Holdings entry and exit signals to maximize returns.
Syntec Optics Risk Indicators
The analysis of Syntec Optics' 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 Syntec Optics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting syntec 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 | 7.69 | |||
| Semi Deviation | 6.57 | |||
| Standard Deviation | 10.07 | |||
| Variance | 101.37 | |||
| Downside Variance | 48.12 | |||
| Semi Variance | 43.13 | |||
| Expected Short fall | (10.63) |
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 Syntec Optics
The number of cover stories for Syntec Optics depends on current market conditions and Syntec Optics' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Syntec Optics 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 Syntec Optics' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Syntec Optics Short Properties
Syntec Optics' future price predictability will typically decrease when Syntec Optics' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Syntec Optics Holdings often depends not only on the future outlook of the potential Syntec Optics' 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. Syntec Optics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.7 M | |
| Cash And Short Term Investments | 598.8 K |
Additional Tools for Syntec Stock Analysis
When running Syntec Optics' price analysis, check to measure Syntec Optics' 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 Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.