PTT PCL Pink Sheet Forecast - Simple Regression
| PUTRY Stock | USD 5.46 0.35 6.85% |
The Simple Regression forecasted value of PTT PCL ADR on the next trading day is expected to be 5.25 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.66. PTT Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of PTT PCL's 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 0
Sell Peaked
Oversold | Overbought |
Using PTT PCL hype-based prediction, you can estimate the value of PTT PCL ADR from the perspective of PTT PCL response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of PTT PCL ADR on the next trading day is expected to be 5.25 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.66. PTT PCL after-hype prediction price | USD 8.47 |
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.
PTT |
PTT PCL Additional Predictive Modules
Most predictive techniques to examine PTT price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PTT using various technical indicators. When you analyze PTT 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 |
PTT PCL Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of PTT PCL ADR on the next trading day is expected to be 5.25 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.66.Please note that although there have been many attempts to predict PTT 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 PTT PCL's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PTT PCL Pink Sheet Forecast Pattern
| Backtest PTT PCL | PTT PCL Price Prediction | Buy or Sell Advice |
PTT PCL Forecasted Value
In the context of forecasting PTT PCL'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. PTT PCL's downside and upside margins for the forecasting period are 3.55 and 6.95, respectively. We have considered PTT PCL'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 PTT PCL pink sheet data series using in forecasting. Note that when a statistical model is used to represent PTT PCL 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 | 113.851 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0927 |
| MAPE | Mean absolute percentage error | 0.0186 |
| SAE | Sum of the absolute errors | 5.6554 |
Predictive Modules for PTT PCL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PTT PCL 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.PTT PCL After-Hype Price Prediction Density Analysis
As far as predicting the price of PTT PCL 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 PTT PCL 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 PTT PCL, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
PTT PCL Estimiated After-Hype Price Volatility
In the context of predicting PTT PCL's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on PTT PCL's historical news coverage. PTT PCL's after-hype downside and upside margins for the prediction period are 4.91 and 10.17, respectively. We have considered PTT PCL'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
PTT PCL is somewhat reliable at this time. Analysis and calculation of next after-hype price of PTT PCL ADR is based on 3 months time horizon.
PTT PCL Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as PTT PCL is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PTT PCL 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 PTT PCL, 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 |
0.19 | 1.70 | 23.56 | 3.57 | 18 Events / Month | 6 Events / Month | In about 18 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
5.46 | 8.47 | 55.21 |
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PTT PCL Hype Timeline
PTT PCL ADR is at this time traded for 5.46. The entity has historical hype elasticity of 23.56, and average elasticity to hype of competition of 3.57. PTT is projected to increase in value after the next headline, with the price projected to jump to 8.474470588235294 or above. The average volatility of media hype impact on the company the price is about 1.37%. The price jump on the next news is estimated to be 55.21%, whereas the daily expected return is at this time at 0.19%. The volatility of related hype on PTT PCL is about 9.05%, with the expected price after the next announcement by competition of 9.03. PTT PCL ADR has accumulated 786.22 B in total debt with debt to equity ratio (D/E) of 0.77, which is about average as compared to similar companies. PTT PCL ADR has a current ratio of 1.76, which is within standard range for the sector. Debt can assist PTT PCL until it has trouble settling it off, either with new capital or with free cash flow. So, PTT PCL's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PTT PCL ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PTT to invest in growth at high rates of return. When we think about PTT PCL's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next projected press release will be in about 18 days. Check out Historical Fundamental Analysis of PTT PCL to cross-verify your projections.PTT PCL Related Hype Analysis
Having access to credible news sources related to PTT PCL's direct competition is more important than ever and may enhance your ability to predict PTT PCL's future price movements. Getting to know how PTT PCL'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 PTT PCL may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BPAQF | BP plc | 123.20 | 15 per month | 1.50 | 0.0006 | 3.66 | (2.79) | 9.85 | |
| RYDAF | Shell PLC | 0.00 | 0 per month | 2.01 | (0.02) | 3.16 | (3.52) | 10.19 | |
| OGFGY | Origin Energy Ltd | 0.14 | 6 per month | 0.00 | (0.15) | 0.27 | (1.92) | 9.14 | |
| STOHF | Equinor ASA | (1.05) | 3 per month | 2.10 | (0.01) | 3.25 | (4.74) | 10.31 | |
| TTFNF | TotalEnergies SE | 62.60 | 13 per month | 1.33 | 0.04 | 2.34 | (2.16) | 8.12 | |
| GLPEY | Galp Energa | 0.74 | 5 per month | 2.97 | (0.04) | 2.70 | (2.14) | 17.93 | |
| XOM | Exxon Mobil Corp | 0.98 | 6 per month | 0.96 | 0.14 | 2.38 | (1.51) | 5.82 | |
| PCCYF | PetroChina Co Ltd | 0.00 | 0 per month | 2.39 | 0.06 | 4.81 | (3.74) | 11.65 | |
| EQNR | Equinor ASA ADR | 0.15 | 9 per month | 1.50 | 0.02 | 3.28 | (3.01) | 8.31 | |
| TTE | TotalEnergies SE ADR | 1.06 | 12 per month | 1.10 | 0.04 | 1.88 | (1.29) | 7.47 |
Other Forecasting Options for PTT PCL
For every potential investor in PTT, whether a beginner or expert, PTT PCL's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PTT Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PTT. Basic forecasting techniques help filter out the noise by identifying PTT PCL's price trends.PTT PCL 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 PTT PCL pink sheet to make a market-neutral strategy. Peer analysis of PTT PCL could also be used in its relative valuation, which is a method of valuing PTT PCL by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PTT PCL Market Strength Events
Market strength indicators help investors to evaluate how PTT PCL 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 PTT PCL shares will generate the highest return on investment. By undertsting and applying PTT PCL pink sheet market strength indicators, traders can identify PTT PCL ADR entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 5.46 | |||
| Day Typical Price | 5.46 | |||
| Price Action Indicator | 0.17 | |||
| Period Momentum Indicator | 0.35 |
PTT PCL Risk Indicators
The analysis of PTT PCL'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 PTT PCL's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ptt 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 | 0.7095 | |||
| Standard Deviation | 1.69 | |||
| Variance | 2.84 |
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 PTT PCL
The number of cover stories for PTT PCL depends on current market conditions and PTT PCL's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that PTT PCL 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 PTT PCL'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 PTT Pink Sheet Analysis
When running PTT PCL's price analysis, check to measure PTT PCL'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 PTT PCL is operating at the current time. Most of PTT PCL's value examination focuses on studying past and present price action to predict the probability of PTT PCL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PTT PCL's price. Additionally, you may evaluate how the addition of PTT PCL to your portfolios can decrease your overall portfolio volatility.