Peregrine Industries Pink Sheet Forecast - Naive Prediction

PGIDDelisted Stock  USD 0.01  0.00  0.00%   
Peregrine Pink Sheet outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Peregrine Industries stock prices and determine the direction of Peregrine Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Peregrine Industries' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Peregrine Industries' share price is below 20 indicating 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 17

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Peregrine Industries' 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 Peregrine Industries and does not consider all of the tangible or intangible factors available from Peregrine Industries' fundamental data. We analyze noise-free headlines and recent hype associated with Peregrine Industries, which may create opportunities for some arbitrage if properly timed.
Using Peregrine Industries hype-based prediction, you can estimate the value of Peregrine Industries from the perspective of Peregrine Industries response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Peregrine Industries on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.0001 and the sum of the absolute errors of 0.01.

Peregrine Industries after-hype prediction price

    
  USD 0.01  
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.
  
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.

Peregrine Industries Additional Predictive Modules

Most predictive techniques to examine Peregrine price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Peregrine using various technical indicators. When you analyze Peregrine 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.
A naive forecasting model for Peregrine Industries is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Peregrine Industries 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.

Peregrine Industries Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of Peregrine Industries on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.0001, mean absolute percentage error of 0.00000005, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict Peregrine Pink Sheet 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 Peregrine Industries' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Peregrine Industries Pink Sheet Forecast Pattern

Backtest Peregrine Industries  Peregrine Industries Price Prediction  Buy or Sell Advice  

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 Peregrine Industries pink sheet data series using in forecasting. Note that when a statistical model is used to represent Peregrine Industries 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.
AICAkaike Information Criteria101.277
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0E-4
MAPEMean absolute percentage error0.0117
SAESum of the absolute errors0.0074
This model is not at all useful as a medium-long range forecasting tool of Peregrine Industries. 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 Peregrine Industries. 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 Peregrine Industries

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Peregrine Industries. 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.
Hype
Prediction
LowEstimatedHigh
0.010.010.01
Details
Intrinsic
Valuation
LowRealHigh
0.010.010.01
Details

Peregrine Industries After-Hype Price Density Analysis

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

Peregrine Industries Estimiated After-Hype Price Volatility

In the context of predicting Peregrine Industries' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Peregrine Industries' historical news coverage. Peregrine Industries' after-hype downside and upside margins for the prediction period are 0.01 and 0.01, respectively. We have considered Peregrine Industries' 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
0.01
0.01
After-hype Price
0.01
Upside
Peregrine Industries is very steady at this time. Analysis and calculation of next after-hype price of Peregrine Industries is based on 3 months time horizon.

Peregrine Industries Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Peregrine Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Peregrine Industries 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 Peregrine Industries, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.01
0.01
0.00 
0.00  
Notes

Peregrine Industries Hype Timeline

Peregrine Industries is at this time traded for 0.01. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Peregrine 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 at this time at 0.0%. %. The volatility of related hype on Peregrine Industries is about 0.0%, with the expected price after the next announcement by competition of 0.01. About 48.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. Peregrine Industries had 1:100 split on the 25th of January 2008. Given the investment horizon of 90 days the next forecasted press release will be within a week.
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.

Peregrine Industries Related Hype Analysis

Having access to credible news sources related to Peregrine Industries' direct competition is more important than ever and may enhance your ability to predict Peregrine Industries' future price movements. Getting to know how Peregrine Industries' 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 Peregrine Industries may potentially react to the hype associated with one of its peers.

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

Peregrine Industries Market Strength Events

Market strength indicators help investors to evaluate how Peregrine Industries 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 Peregrine Industries shares will generate the highest return on investment. By undertsting and applying Peregrine Industries pink sheet market strength indicators, traders can identify Peregrine Industries entry and exit signals to maximize returns.

Story Coverage note for Peregrine Industries

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

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Peregrine Industries Short Properties

Peregrine Industries' future price predictability will typically decrease when Peregrine Industries' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Peregrine Industries often depends not only on the future outlook of the potential Peregrine Industries' 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. Peregrine Industries' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding250.6 M
Cash And Short Term Investments573 K
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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Consideration for investing in Peregrine Pink Sheet

If you are still planning to invest in Peregrine Industries 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 Peregrine Industries' history and understand the potential risks before investing.
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