Prime Dividend Stock Forward View - Triple Exponential Smoothing
| PDV Stock | CAD 11.71 0.31 2.72% |
Prime Stock outlook is based on your current time horizon. Although Prime Dividend's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Prime Dividend's systematic risk associated with finding meaningful patterns of Prime Dividend fundamentals over time.
As of today the relative strength index (rsi) of Prime Dividend's share price is below 20 indicating that the stock 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 |
Quarterly Earnings Growth (0.86) | Quarterly Revenue Growth (0.58) |
Using Prime Dividend hype-based prediction, you can estimate the value of Prime Dividend Corp from the perspective of Prime Dividend response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Prime Dividend Corp on the next trading day is expected to be 11.62 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 6.96. Prime Dividend after-hype prediction price | CAD 11.7 |
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.
Prime |
Prime Dividend Additional Predictive Modules
Most predictive techniques to examine Prime price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Prime using various technical indicators. When you analyze Prime 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 |
Prime Dividend Triple Exponential Smoothing Price Forecast For the 9th of February
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Prime Dividend Corp on the next trading day is expected to be 11.62 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.03, and the sum of the absolute errors of 6.96.Please note that although there have been many attempts to predict Prime 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 Prime Dividend's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Prime Dividend Stock Forecast Pattern
| Backtest Prime Dividend | Prime Dividend Price Prediction | Research Analysis |
Prime Dividend Forecasted Value
In the context of forecasting Prime Dividend'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. Prime Dividend's downside and upside margins for the forecasting period are 10.31 and 12.94, respectively. We have considered Prime Dividend'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 Prime Dividend stock data series using in forecasting. Note that when a statistical model is used to represent Prime Dividend 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 | -0.0133 |
| MAD | Mean absolute deviation | 0.1179 |
| MAPE | Mean absolute percentage error | 0.0105 |
| SAE | Sum of the absolute errors | 6.9572 |
Predictive Modules for Prime Dividend
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prime Dividend Corp. 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.Prime Dividend After-Hype Price Density Analysis
As far as predicting the price of Prime Dividend 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 Prime Dividend 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 Prime Dividend, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Prime Dividend Estimiated After-Hype Price Volatility
In the context of predicting Prime Dividend's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Prime Dividend's historical news coverage. Prime Dividend's after-hype downside and upside margins for the prediction period are 10.39 and 13.01, respectively. We have considered Prime Dividend'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
Prime Dividend is not too volatile at this time. Analysis and calculation of next after-hype price of Prime Dividend Corp is based on 3 months time horizon.
Prime Dividend Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Prime Dividend is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Prime Dividend 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 Prime Dividend, 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 |
0.20 | 1.31 | 0.01 | 0.00 | 7 Events / Month | 1 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
11.71 | 11.70 | 0.09 |
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Prime Dividend Hype Timeline
Prime Dividend Corp is at this time traded for 11.71on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Prime is anticipated to decline in value after the next headline, with the price expected to drop to 11.7. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -0.09%, whereas the daily expected return is at this time at 0.2%. The volatility of related hype on Prime Dividend is about 17466.67%, with the expected price after the next announcement by competition of 11.71. The company has price-to-book ratio of 1.21. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Prime Dividend Corp last dividend was issued on the 30th of January 2026. The entity had 727:1000 split on the 22nd of December 2023. Assuming the 90 days trading horizon the next anticipated press release will be in about 7 days. Check out Historical Fundamental Analysis of Prime Dividend to cross-verify your projections.Prime Dividend Related Hype Analysis
Having access to credible news sources related to Prime Dividend's direct competition is more important than ever and may enhance your ability to predict Prime Dividend's future price movements. Getting to know how Prime Dividend'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 Prime Dividend may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ZC | Zimtu Capital Corp | (0.04) | 5 per month | 4.88 | 0.09 | 9.30 | (11.67) | 37.68 | |
| AAB | Aberdeen International | 0.00 | 3 per month | 0.00 | (0.01) | 0.00 | (25.00) | 58.33 | |
| CSTR | CryptoStar Corp | 0.00 | 2 per month | 21.71 | 0.16 | 100.00 | (50.00) | 150.00 | |
| LITT | Roadman Investments Corp | 0.01 | 1 per month | 6.68 | 0.09 | 18.75 | (15.79) | 84.85 |
Other Forecasting Options for Prime Dividend
For every potential investor in Prime, whether a beginner or expert, Prime Dividend's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Prime Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Prime. Basic forecasting techniques help filter out the noise by identifying Prime Dividend's price trends.Prime Dividend 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 Prime Dividend stock to make a market-neutral strategy. Peer analysis of Prime Dividend could also be used in its relative valuation, which is a method of valuing Prime Dividend by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Prime Dividend Market Strength Events
Market strength indicators help investors to evaluate how Prime Dividend stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prime Dividend shares will generate the highest return on investment. By undertsting and applying Prime Dividend stock market strength indicators, traders can identify Prime Dividend Corp entry and exit signals to maximize returns.
Prime Dividend Risk Indicators
The analysis of Prime Dividend'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 Prime Dividend's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prime 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 | 0.8806 | |||
| Semi Deviation | 0.892 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.79 | |||
| Downside Variance | 2.61 | |||
| Semi Variance | 0.7957 | |||
| Expected Short fall | (1.45) |
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 Prime Dividend
The number of cover stories for Prime Dividend depends on current market conditions and Prime Dividend's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Prime Dividend 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 Prime Dividend's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
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Prime Dividend Short Properties
Prime Dividend's future price predictability will typically decrease when Prime Dividend's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Prime Dividend Corp often depends not only on the future outlook of the potential Prime Dividend'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. Prime Dividend's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 593.7 K | |
| Cash And Short Term Investments | 939.2 K |
Other Information on Investing in Prime Stock
Prime Dividend financial ratios help investors to determine whether Prime Stock 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 Prime with respect to the benefits of owning Prime Dividend security.