Presto Automation Stock Forward View
| PRSTDelisted Stock | USD 0.0001 0.00 0.00% |
Presto Stock outlook is based on your current time horizon.
At this time the value of rsi of Presto Automation'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 |
Using Presto Automation hype-based prediction, you can estimate the value of Presto Automation from the perspective of Presto Automation response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Presto Automation on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.000034 and the sum of the absolute errors of 0. Presto Automation after-hype prediction price | USD 1.25E-4 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Presto |
Presto Automation Additional Predictive Modules
Most predictive techniques to examine Presto price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Presto using various technical indicators. When you analyze Presto 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 |
Presto Automation Naive Prediction Price Forecast For the 7th of February
Given 90 days horizon, the Naive Prediction forecasted value of Presto Automation on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.000034, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Presto 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 Presto Automation's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Presto Automation Stock Forecast Pattern
| Backtest Presto Automation | Presto Automation Price Prediction | Research Analysis |
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 Presto Automation stock data series using in forecasting. Note that when a statistical model is used to represent Presto Automation 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 | 98.3147 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.2475 |
| SAE | Sum of the absolute errors | 0.0021 |
Predictive Modules for Presto Automation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Presto Automation. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Presto Automation'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.
Presto Automation After-Hype Price Density Analysis
As far as predicting the price of Presto Automation 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 Presto Automation 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 Presto Automation, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Presto Automation Estimiated After-Hype Price Volatility
In the context of predicting Presto Automation's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Presto Automation's historical news coverage. Presto Automation's after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered Presto Automation'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
Presto Automation is very steady at this time. Analysis and calculation of next after-hype price of Presto Automation is based on 3 months time horizon.
Presto Automation Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Presto Automation is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Presto Automation 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 Delisted 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 Presto Automation, 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 |
0.00 | 0.00 | 0.00 | 0.00 | 1 Events / Month | 0 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.0001 | 0.0001 | 25.00 |
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Presto Automation Hype Timeline
Presto Automation is at this time traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Presto is projected to increase in value after the next headline, with the price projected to jump to 1.25E-4 or above. The average volatility of media hype impact on the company the price is insignificant. The price appreciation on the next news is projected to be 25.0%, whereas the daily expected return is at this time at 0.0%. The volatility of related hype on Presto Automation is about 0.0%, with the expected price after the next announcement by competition of 0.00. Presto Automation currently holds 55.81 M in liabilities with Debt to Equity (D/E) ratio of 0.29, which may suggest the company is not taking enough advantage from borrowing. Presto Automation has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Presto Automation's use of debt, we should always consider it together with its cash and equity.Given the investment horizon of 90 days the next projected press release will be very soon. 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 signals in main economic indicators.Presto Automation Related Hype Analysis
Having access to credible news sources related to Presto Automation's direct competition is more important than ever and may enhance your ability to predict Presto Automation's future price movements. Getting to know how Presto Automation'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 Presto Automation may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GETR | Getaround | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 1,000.00 | |
| RBTC | Rubicon Technologies | 0.00 | 0 per month | 39.87 | 0.23 | 1,000.00 | (77.27) | 3,647 | |
| DGTW | DigitalTown | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ZDEC | Zenovia Digital Exchange | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GCLT | GainClients | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SDEC | Smart Decision | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| IWSY | Imageware Sys | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ADTC | Advanced Deposition Technologies | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ANDI | Andiamo Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ADSV | Allied Security Innovations | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Presto Automation 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 Presto Automation stock to make a market-neutral strategy. Peer analysis of Presto Automation could also be used in its relative valuation, which is a method of valuing Presto Automation by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Presto Automation Market Strength Events
Market strength indicators help investors to evaluate how Presto Automation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Presto Automation shares will generate the highest return on investment. By undertsting and applying Presto Automation stock market strength indicators, traders can identify Presto Automation entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Presto Automation Risk Indicators
The analysis of Presto Automation'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 Presto Automation's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting presto 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 | 20.91 | |||
| Semi Deviation | 17.5 | |||
| Standard Deviation | 40.52 | |||
| Variance | 1641.69 | |||
| Downside Variance | 3625.0 | |||
| Semi Variance | 306.21 | |||
| Expected Short fall | (104.76) |
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 Presto Automation
The number of cover stories for Presto Automation depends on current market conditions and Presto Automation's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Presto Automation 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 Presto Automation'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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Presto Automation Short Properties
Presto Automation's future price predictability will typically decrease when Presto Automation's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Presto Automation often depends not only on the future outlook of the potential Presto Automation'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. Presto Automation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 46.5 M | |
| Cash And Short Term Investments | 15.1 M |
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 signals in main economic indicators. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Presto Stock
If you are still planning to invest in Presto Automation 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 Presto Automation's history and understand the potential risks before investing.
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