Prosus NV Pink Sheet Forecast - Simple Regression
| PROSY Stock | USD 11.87 0.02 0.17% |
Prosus Pink Sheet outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Prosus NV's share price is approaching 37 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 Prosus NV, making its price go up or down. Momentum 37
Sell Extended
Oversold | Overbought |
Using Prosus NV hype-based prediction, you can estimate the value of Prosus NV ADR from the perspective of Prosus NV response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Prosus NV ADR on the next trading day is expected to be 11.82 with a mean absolute deviation of 0.40 and the sum of the absolute errors of 24.24. Prosus NV after-hype prediction price | USD 11.41 |
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.
Prosus |
Prosus NV Additional Predictive Modules
Most predictive techniques to examine Prosus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Prosus using various technical indicators. When you analyze Prosus 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 |
Prosus NV Simple Regression Price Forecast For the 27th of January
Given 90 days horizon, the Simple Regression forecasted value of Prosus NV ADR on the next trading day is expected to be 11.82 with a mean absolute deviation of 0.40, mean absolute percentage error of 0.24, and the sum of the absolute errors of 24.24.Please note that although there have been many attempts to predict Prosus 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 Prosus NV's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Prosus NV Pink Sheet Forecast Pattern
| Backtest Prosus NV | Prosus NV Price Prediction | Buy or Sell Advice |
Prosus NV Forecasted Value
In the context of forecasting Prosus NV'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. Prosus NV's downside and upside margins for the forecasting period are 10.31 and 13.34, respectively. We have considered Prosus NV'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 Prosus NV pink sheet data series using in forecasting. Note that when a statistical model is used to represent Prosus NV 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 | 116.6904 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3973 |
| MAPE | Mean absolute percentage error | 0.031 |
| SAE | Sum of the absolute errors | 24.2359 |
Predictive Modules for Prosus NV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prosus NV ADR. 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 Prosus NV'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.
Prosus NV After-Hype Price Density Analysis
As far as predicting the price of Prosus NV 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 Prosus NV 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 Prosus NV, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Prosus NV Estimiated After-Hype Price Volatility
In the context of predicting Prosus NV's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Prosus NV's historical news coverage. Prosus NV's after-hype downside and upside margins for the prediction period are 9.90 and 12.92, respectively. We have considered Prosus NV'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
Prosus NV is not too volatile at this time. Analysis and calculation of next after-hype price of Prosus NV ADR is based on 3 months time horizon.
Prosus NV Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Prosus NV is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Prosus NV 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 Prosus NV, 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 |
0.27 | 1.51 | 0.46 | 0.01 | 21 Events / Month | 5 Events / Month | In about 21 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
11.87 | 11.41 | 3.88 |
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Prosus NV Hype Timeline
Prosus NV ADR is at this time traded for 11.87. The entity has historical hype elasticity of -0.46, and average elasticity to hype of competition of 0.01. Prosus is projected to decline in value after the next headline, with the price expected to drop to 11.41. The average volatility of media hype impact on the company price is about 88.3%. The price reduction on the next news is expected to be -3.88%, whereas the daily expected return is at this time at -0.27%. The volatility of related hype on Prosus NV is about 2903.85%, with the expected price after the next announcement by competition of 11.88. The company last dividend was issued on the 1st of September 2022. Assuming the 90 days horizon the next projected press release will be in about 21 days. Check out Historical Fundamental Analysis of Prosus NV to cross-verify your projections.Prosus NV Related Hype Analysis
Having access to credible news sources related to Prosus NV's direct competition is more important than ever and may enhance your ability to predict Prosus NV's future price movements. Getting to know how Prosus NV'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 Prosus NV may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NAPRF | Naspers Limited | 1.42 | 15 per month | 1.12 | (0.04) | 2.04 | (2.97) | 15.66 | |
| DTEGY | Deutsche Telekom AG | 0.00 | 0 per month | 0.00 | (0.16) | 1.78 | (2.51) | 5.68 | |
| DTEGF | Deutsche Telekom AG | (3.05) | 42 per month | 0.00 | (0.12) | 3.06 | (3.30) | 7.76 | |
| NPSNY | Naspers Ltd ADR | 0.00 | 0 per month | 0.00 | (0.10) | 2.77 | (3.14) | 9.05 | |
| BAIDF | Baidu Inc | 0.00 | 0 per month | 3.37 | 0.11 | 8.84 | (7.91) | 21.37 | |
| KUASF | Kuaishou Technology | 0.00 | 0 per month | 0.00 | (0.04) | 2.56 | (2.11) | 17.04 | |
| KSHTY | Kuaishou Technology | 0.51 | 4 per month | 3.99 | 0.05 | 9.60 | (6.98) | 23.82 | |
| NPPXF | Nippon Telegraph Telephone | 0.51 | 12 per month | 3.62 | (0.02) | 6.19 | (5.94) | 20.53 | |
| NTTYY | Nippon Telegraph and | 0.51 | 12 per month | 0.00 | (0.15) | 1.59 | (1.47) | 5.40 | |
| YAHOF | Z Holdings | 0.62 | 3 per month | 0.00 | (0.04) | 1.59 | (7.38) | 29.02 |
Other Forecasting Options for Prosus NV
For every potential investor in Prosus, whether a beginner or expert, Prosus NV's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Prosus Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Prosus. Basic forecasting techniques help filter out the noise by identifying Prosus NV's price trends.Prosus NV 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 Prosus NV pink sheet to make a market-neutral strategy. Peer analysis of Prosus NV could also be used in its relative valuation, which is a method of valuing Prosus NV by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Prosus NV Market Strength Events
Market strength indicators help investors to evaluate how Prosus NV 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 Prosus NV shares will generate the highest return on investment. By undertsting and applying Prosus NV pink sheet market strength indicators, traders can identify Prosus NV ADR entry and exit signals to maximize returns.
Prosus NV Risk Indicators
The analysis of Prosus NV'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 Prosus NV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prosus 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 | 1.15 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.38 |
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 Prosus NV
The number of cover stories for Prosus NV depends on current market conditions and Prosus NV's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Prosus NV 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 Prosus NV'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 Prosus Pink Sheet Analysis
When running Prosus NV's price analysis, check to measure Prosus NV'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 Prosus NV is operating at the current time. Most of Prosus NV's value examination focuses on studying past and present price action to predict the probability of Prosus NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosus NV's price. Additionally, you may evaluate how the addition of Prosus NV to your portfolios can decrease your overall portfolio volatility.