Peoples Insurance Pink Sheet Forecast - Simple Regression
| PINXY Stock | USD 17.43 0.00 0.00% |
The Simple Regression forecasted value of Peoples Insurance Co on the next trading day is expected to be 18.74 with a mean absolute deviation of 1.35 and the sum of the absolute errors of 82.22. Peoples Pink Sheet Forecast is based on your current time horizon.
The relative strength index (RSI) of Peoples Insurance's share price is above 70 at this time indicating that the pink sheet is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Peoples, making its price go up or down. Momentum 75
Buy Stretched
Oversold | Overbought |
Using Peoples Insurance hype-based prediction, you can estimate the value of Peoples Insurance Co from the perspective of Peoples Insurance response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Peoples Insurance Co on the next trading day is expected to be 18.74 with a mean absolute deviation of 1.35 and the sum of the absolute errors of 82.22. Peoples Insurance after-hype prediction price | USD 17.43 |
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.
Peoples |
Peoples Insurance Additional Predictive Modules
Most predictive techniques to examine Peoples price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Peoples using various technical indicators. When you analyze Peoples 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Peoples Insurance Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of Peoples Insurance Co on the next trading day is expected to be 18.74 with a mean absolute deviation of 1.35, mean absolute percentage error of 2.89, and the sum of the absolute errors of 82.22.Please note that although there have been many attempts to predict Peoples 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 Peoples Insurance's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Peoples Insurance Pink Sheet Forecast Pattern
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Peoples Insurance Forecasted Value
In the context of forecasting Peoples Insurance's 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. Peoples Insurance's downside and upside margins for the forecasting period are 12.41 and 25.08, respectively. We have considered Peoples Insurance'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Peoples Insurance pink sheet data series using in forecasting. Note that when a statistical model is used to represent Peoples Insurance 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.| AIC | Akaike Information Criteria | 119.1702 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.3479 |
| MAPE | Mean absolute percentage error | 0.084 |
| SAE | Sum of the absolute errors | 82.2221 |
Predictive Modules for Peoples Insurance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Peoples Insurance. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Peoples Insurance's 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.
Peoples Insurance After-Hype Price Prediction Density Analysis
As far as predicting the price of Peoples Insurance 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 Peoples Insurance 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 Peoples Insurance, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Peoples Insurance Estimiated After-Hype Price Volatility
In the context of predicting Peoples Insurance's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Peoples Insurance's historical news coverage. Peoples Insurance's after-hype downside and upside margins for the prediction period are 11.14 and 23.72, respectively. We have considered Peoples Insurance'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Peoples Insurance is slightly risky at this time. Analysis and calculation of next after-hype price of Peoples Insurance is based on 3 months time horizon.
Peoples Insurance Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Peoples Insurance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Peoples Insurance 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 Peoples Insurance, 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 |
0.64 | 6.34 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
17.43 | 17.43 | 0.00 |
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Peoples Insurance Hype Timeline
Peoples Insurance is at this time traded for 17.43. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Peoples is anticipated 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 anticipated to be very small, whereas the daily expected return is at this time at 0.64%. %. The volatility of related hype on Peoples Insurance is about 0.0%, with the expected price after the next announcement by competition of 17.43. The company has price-to-book ratio of 0.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Peoples Insurance has Price/Earnings To Growth (PEG) ratio of 0.31. The entity last dividend was issued on the 5th of August 2022. Assuming the 90 days horizon the next anticipated press release will be within a week. Check out Historical Fundamental Analysis of Peoples Insurance to cross-verify your projections.Peoples Insurance Related Hype Analysis
Having access to credible news sources related to Peoples Insurance's direct competition is more important than ever and may enhance your ability to predict Peoples Insurance's future price movements. Getting to know how Peoples Insurance'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 Peoples Insurance may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PPCCY | PICC Property and | 0.00 | 0 per month | 0.00 | (0.10) | 4.88 | (5.49) | 17.15 | |
| PPCCF | PICC Property And | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SMPNY | Sompo Holdings ADR | 0.00 | 0 per month | 1.22 | 0.09 | 2.77 | (1.91) | 8.03 | |
| BNKHF | BOC Hong Kong | 0.00 | 0 per month | 0.00 | 0.06 | 0.00 | 0.00 | 11.96 | |
| FRFHF | Fairfax Financial Holdings | 0.00 | 0 per month | 1.56 | (0.04) | 2.13 | (2.55) | 9.13 | |
| BAMGF | Brookfield Asset Management | 0.00 | 0 per month | 0.00 | (0.17) | 0.00 | 0.00 | 1.90 | |
| MSADF | MSAD Insurance Group | 0.00 | 0 per month | 3.25 | 0.04 | 6.91 | (5.98) | 16.23 | |
| MSADY | MSAD Insurance Group | 0.00 | 0 per month | 1.15 | 0.08 | 2.52 | (2.28) | 5.47 | |
| SCBFY | Standard Chartered PLC | 0.00 | 0 per month | 0.88 | 0.25 | 2.69 | (1.94) | 6.40 | |
| GUOSF | Guotai Junan Securities | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Peoples Insurance
For every potential investor in Peoples, whether a beginner or expert, Peoples Insurance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Peoples Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Peoples. Basic forecasting techniques help filter out the noise by identifying Peoples Insurance's price trends.Peoples Insurance 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 Peoples Insurance pink sheet to make a market-neutral strategy. Peer analysis of Peoples Insurance could also be used in its relative valuation, which is a method of valuing Peoples Insurance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Peoples Insurance Market Strength Events
Market strength indicators help investors to evaluate how Peoples Insurance 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 Peoples Insurance shares will generate the highest return on investment. By undertsting and applying Peoples Insurance pink sheet market strength indicators, traders can identify Peoples Insurance Co entry and exit signals to maximize returns.
Peoples Insurance Risk Indicators
The analysis of Peoples Insurance'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 Peoples Insurance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting peoples 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.
| Mean Deviation | 1.57 | |||
| Standard Deviation | 6.29 | |||
| Variance | 39.5 |
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 Peoples Insurance
The number of cover stories for Peoples Insurance depends on current market conditions and Peoples Insurance's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Peoples Insurance 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 Peoples Insurance's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Peoples Pink Sheet Analysis
When running Peoples Insurance's price analysis, check to measure Peoples Insurance's 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 Peoples Insurance is operating at the current time. Most of Peoples Insurance's value examination focuses on studying past and present price action to predict the probability of Peoples Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peoples Insurance's price. Additionally, you may evaluate how the addition of Peoples Insurance to your portfolios can decrease your overall portfolio volatility.