Romana Food Stock Forecast - Naive Prediction
| RFBC Stock | USD 0.0001 0.00 0.00% |
The Naive Prediction forecasted value of Romana Food Brands on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Romana Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Romana Food stock prices and determine the direction of Romana Food Brands's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Romana Food's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Romana Food'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 Romana Food hype-based prediction, you can estimate the value of Romana Food Brands from the perspective of Romana Food response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Romana Food Brands on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Romana Food after-hype prediction price | USD 1.0E-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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Romana Food to cross-verify your projections. Romana Food Additional Predictive Modules
Most predictive techniques to examine Romana price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Romana using various technical indicators. When you analyze Romana 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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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
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Romana Food Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Romana Food's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 681.3 | Current Value 605.6 | Quarterly Volatility 40.01457639 |
Romana Food Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of Romana Food Brands on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, 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 Romana Stock 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 Romana Food's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Romana Food Stock Forecast Pattern
| Backtest Romana Food | Romana Food Price Prediction | Buy or Sell Advice |
Romana Food Forecasted Value
In the context of forecasting Romana Food's Stock 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. Romana Food's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Romana Food'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Romana Food stock data series using in forecasting. Note that when a statistical model is used to represent Romana Food 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 | 30.385 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Romana Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Romana Food Brands. 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.Romana Food After-Hype Price Prediction Density Analysis
As far as predicting the price of Romana Food 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 Romana Food 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 Romana Food, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Romana Food Estimiated After-Hype Price Volatility
In the context of predicting Romana Food's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Romana Food's historical news coverage. Romana Food's after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered Romana Food'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
Romana Food is very steady at this time. Analysis and calculation of next after-hype price of Romana Food Brands is based on 3 months time horizon.
Romana Food Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Romana Food is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Romana Food 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 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 Romana Food, 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 | 5 Events / Month | 0 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.0001 | 0.0001 | 0.00 |
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Romana Food Hype Timeline
Romana Food Brands 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. Romana is forecasted 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 forecasted to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Romana Food is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company last dividend was issued on the 4th of October 2017. Romana Food Brands had 1:100 split on the 4th of October 2017. Given the investment horizon of 90 days the next forecasted press release will be in about 5 days. Check out Historical Fundamental Analysis of Romana Food to cross-verify your projections.Romana Food Related Hype Analysis
Having access to credible news sources related to Romana Food's direct competition is more important than ever and may enhance your ability to predict Romana Food's future price movements. Getting to know how Romana Food'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 Romana Food may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BCCI | Baristas Coffee | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GEGI | Genesis Electronics Group | 0.00 | 3 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MFLTY | Missfresh Limited | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 200.00 | |
| PCGR | Personal Care Group | 0.00 | 7 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| RIBT | Ricebran Tech | (0.0001) | 2 per month | 15.91 | 0.14 | 100.00 | (50.00) | 266.67 | |
| TUEMQ | Tuesday Morning | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CRMBQ | Crumbs Bake Shop | 0.00 | 0 per month | 0.00 | 0.1 | 0.00 | 0.00 | 350.00 | |
| ANFIF | Amira Nature Foods | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| RBCL | RBC Life Sciences | 0.00 | 0 per month | 0.00 | 0.16 | 0.00 | 0.00 | 100.00 | |
| HBIS | Home Bistro | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Romana Food
For every potential investor in Romana, whether a beginner or expert, Romana Food's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Romana Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Romana. Basic forecasting techniques help filter out the noise by identifying Romana Food's price trends.Romana Food 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 Romana Food stock to make a market-neutral strategy. Peer analysis of Romana Food could also be used in its relative valuation, which is a method of valuing Romana Food by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Romana Food Market Strength Events
Market strength indicators help investors to evaluate how Romana Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Romana Food shares will generate the highest return on investment. By undertsting and applying Romana Food stock market strength indicators, traders can identify Romana Food Brands 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 |
Story Coverage note for Romana Food
The number of cover stories for Romana Food depends on current market conditions and Romana Food's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Romana Food 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 Romana Food'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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Check out Historical Fundamental Analysis of Romana Food to cross-verify your projections. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Romana Food. If investors know Romana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Romana Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Romana Food Brands is measured differently than its book value, which is the value of Romana that is recorded on the company's balance sheet. Investors also form their own opinion of Romana Food's value that differs from its market value or its book value, called intrinsic value, which is Romana Food's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Romana Food's market value can be influenced by many factors that don't directly affect Romana Food's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Romana Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Romana Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Romana Food's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.