Paragon Technologies Pink Sheet Forward View

PGNT Stock  USD 4.90  0.05  1.01%   
Paragon Pink Sheet outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Paragon Technologies' share price is approaching 44 indicating that the pink sheet 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 Paragon Technologies, making its price go up or down.

Momentum 44

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Paragon Technologies' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Paragon Technologies, which may create opportunities for some arbitrage if properly timed.
Using Paragon Technologies hype-based prediction, you can estimate the value of Paragon Technologies from the perspective of Paragon Technologies response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Paragon Technologies on the next trading day is expected to be 4.71 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.62.

Paragon Technologies after-hype prediction price

    
  USD 4.9  
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 Historical Fundamental Analysis of Paragon Technologies to cross-verify your projections.

Paragon Technologies Additional Predictive Modules

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

Paragon Technologies Naive Prediction Price Forecast For the 31st of January

Given 90 days horizon, the Naive Prediction forecasted value of Paragon Technologies on the next trading day is expected to be 4.71 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.62.
Please note that although there have been many attempts to predict Paragon 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 Paragon Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Paragon Technologies Pink Sheet Forecast Pattern

Backtest Paragon Technologies  Paragon Technologies Price Prediction  Buy or Sell Advice  

Paragon Technologies Forecasted Value

In the context of forecasting Paragon Technologies' Pink Sheet 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. Paragon Technologies' downside and upside margins for the forecasting period are 2.63 and 6.80, respectively. We have considered Paragon Technologies' 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
4.90
4.71
Expected Value
6.80
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 Paragon Technologies pink sheet data series using in forecasting. Note that when a statistical model is used to represent Paragon Technologies 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 Criteria115.2696
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0745
MAPEMean absolute percentage error0.0147
SAESum of the absolute errors4.6184
This model is not at all useful as a medium-long range forecasting tool of Paragon Technologies. 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 Paragon Technologies. 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 Paragon Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Paragon Technologies. 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
2.844.906.96
Details
Intrinsic
Valuation
LowRealHigh
2.134.196.25
Details

Paragon Technologies After-Hype Price Density Analysis

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

Paragon Technologies Estimiated After-Hype Price Volatility

In the context of predicting Paragon Technologies' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Paragon Technologies' historical news coverage. Paragon Technologies' after-hype downside and upside margins for the prediction period are 2.84 and 6.96, respectively. We have considered Paragon Technologies' 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
4.90
4.90
After-hype Price
6.96
Upside
Paragon Technologies is slightly risky at this time. Analysis and calculation of next after-hype price of Paragon Technologies is based on 3 months time horizon.

Paragon Technologies Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Paragon Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paragon Technologies 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 Paragon Technologies, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
2.08
 0.00  
 0.00  
0 Events / Month
1 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
4.90
4.90
0.00 
0.00  
Notes

Paragon Technologies Hype Timeline

Paragon Technologies is at this time traded for 4.90. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Paragon is estimated 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 estimated to be very small, whereas the daily expected return is at this time at 0.02%. %. The volatility of related hype on Paragon Technologies is about 208000.0%, with the expected price after the next announcement by competition of 4.90. The company has price-to-book ratio of 0.63. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Paragon Technologies last dividend was issued on the 19th of May 1999. The entity had 3:2 split on the 12th of November 1997. Given the investment horizon of 90 days the next estimated press release will be within a week.
Check out Historical Fundamental Analysis of Paragon Technologies to cross-verify your projections.

Paragon Technologies Related Hype Analysis

Having access to credible news sources related to Paragon Technologies' direct competition is more important than ever and may enhance your ability to predict Paragon Technologies' future price movements. Getting to know how Paragon Technologies' 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 Paragon Technologies 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
LCTCLifeloc Technologies 0.00 0 per month 0.00 (0.30) 0.00 (3.87) 11.07 
KWIKKwikClick 0.00 0 per month 0.00 (0.13) 3.64 (6.12) 40.05 
CBRICMTSU Liquidation 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
APYPAppYea Inc 0.00 0 per month 5.82  0.07  19.01 (9.47) 46.70 
KPIFFEdgewater Wireless Systems 0.00 0 per month 4.70  0.01  9.78 (9.22) 31.83 
GRWCGrow Capital 0.00 0 per month 16.39  0.16  83.33 (40.74) 491.13 
SEACSeaChange International 0.00 0 per month 6.77  0.06  7.95 (6.00) 120.35 
POSAFPOSaBIT Systems Corp 0.00 0 per month 9.92  0.05  29.55 (18.00) 74.34 
ROBOFRoboGroup TEK 0.01 8 per month 0.00 (0.21) 0.00  0.00  99.00 
HAPBFHapbee Technologies 0.00 0 per month 8.46  0.01  15.63 (15.53) 51.94 

Other Forecasting Options for Paragon Technologies

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

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

Paragon Technologies Market Strength Events

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

Paragon Technologies Risk Indicators

The analysis of Paragon Technologies' 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 Paragon Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting paragon pink sheet 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 Paragon Technologies

The number of cover stories for Paragon Technologies depends on current market conditions and Paragon Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Paragon Technologies 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 Paragon Technologies' 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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Additional Tools for Paragon Pink Sheet Analysis

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