Singapore Technologies Pink Sheet Forecast - Simple Regression
| SGGKY Stock | USD 73.05 3.06 4.02% |
Singapore Pink Sheet outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Singapore Technologies' share price is at 59. This usually implies that the pink sheet is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Singapore Technologies, making its price go up or down. Momentum 59
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Oversold | Overbought |
Using Singapore Technologies hype-based prediction, you can estimate the value of Singapore Technologies Engineering from the perspective of Singapore Technologies response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Singapore Technologies Engineering on the next trading day is expected to be 70.97 with a mean absolute deviation of 2.27 and the sum of the absolute errors of 138.68. Singapore Technologies after-hype prediction price | USD 73.05 |
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.
Singapore |
Singapore Technologies Additional Predictive Modules
Most predictive techniques to examine Singapore price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Singapore using various technical indicators. When you analyze Singapore 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 |
Singapore Technologies Simple Regression Price Forecast For the 29th of January
Given 90 days horizon, the Simple Regression forecasted value of Singapore Technologies Engineering on the next trading day is expected to be 70.97 with a mean absolute deviation of 2.27, mean absolute percentage error of 8.34, and the sum of the absolute errors of 138.68.Please note that although there have been many attempts to predict Singapore 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 Singapore Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Singapore Technologies Pink Sheet Forecast Pattern
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Singapore Technologies Forecasted Value
In the context of forecasting Singapore Technologies' 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. Singapore Technologies' downside and upside margins for the forecasting period are 68.43 and 73.50, respectively. We have considered Singapore Technologies' 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 Singapore Technologies pink sheet data series using in forecasting. Note that when a statistical model is used to represent Singapore Technologies 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 | 120.2319 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 2.2734 |
| MAPE | Mean absolute percentage error | 0.0335 |
| SAE | Sum of the absolute errors | 138.679 |
Predictive Modules for Singapore Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Singapore Technologies. 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.Singapore Technologies After-Hype Price Density Analysis
As far as predicting the price of Singapore Technologies 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 Singapore Technologies 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 Singapore Technologies, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Singapore Technologies Estimiated After-Hype Price Volatility
In the context of predicting Singapore Technologies' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Singapore Technologies' historical news coverage. Singapore Technologies' after-hype downside and upside margins for the prediction period are 70.51 and 75.59, respectively. We have considered Singapore Technologies' 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
Singapore Technologies is very steady at this time. Analysis and calculation of next after-hype price of Singapore Technologies is based on 3 months time horizon.
Singapore Technologies Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Singapore Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Singapore Technologies 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 Singapore Technologies, 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 |
0.22 | 2.53 | 0.00 | 0.17 | 0 Events / Month | 2 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
73.05 | 73.05 | 0.00 |
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Singapore Technologies Hype Timeline
Singapore Technologies is at this time traded for 73.05. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.17. Singapore 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 0.22%. %. The volatility of related hype on Singapore Technologies is about 335.99%, with the expected price after the next announcement by competition of 73.22. The book value of the company was at this time reported as 7.51. The company has Price/Earnings To Growth (PEG) ratio of 1.27. Singapore Technologies last dividend was issued on the 7th of December 2022. Assuming the 90 days horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Singapore Technologies to cross-verify your projections.Singapore Technologies Related Hype Analysis
Having access to credible news sources related to Singapore Technologies' direct competition is more important than ever and may enhance your ability to predict Singapore Technologies' future price movements. Getting to know how Singapore Technologies' 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 Singapore Technologies may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NSKFF | Kongsberg Gruppen ASA | 0.00 | 0 per month | 3.29 | 0.04 | 5.71 | (5.84) | 19.03 | |
| MTUAY | MTU Aero Engines | 0.00 | 0 per month | 1.08 | (0.01) | 2.46 | (1.68) | 6.31 | |
| MTUAF | MTU Aero Engines | 0.00 | 0 per month | 2.40 | (0.01) | 3.61 | (3.58) | 10.28 | |
| AIPUY | Airports of Thailand | 0.00 | 0 per month | 4.05 | 0.06 | 11.25 | (9.20) | 35.39 | |
| DUAVF | Dassault Aviation SA | 0.00 | 0 per month | 2.38 | 0.11 | 5.68 | (4.53) | 15.42 | |
| SGSOY | SGS SA | 2.51 | 9 per month | 0.84 | 0.08 | 2.05 | (1.48) | 5.78 | |
| SGSOF | SGS SA | 0.00 | 0 per month | 2.28 | 0.03 | 6.36 | (5.75) | 17.63 | |
| TTNDY | Techtronic Industries Ltd | 2.51 | 3 per month | 1.95 | 0.04 | 3.23 | (2.45) | 8.38 | |
| IHICF | IHI Corporation | 2.51 | 6 per month | 0.00 | 0.13 | 3.28 | 0.00 | 23.07 | |
| SMECF | SMC Corp | 0.00 | 0 per month | 3.09 | 0.07 | 5.87 | (5.98) | 22.56 |
Other Forecasting Options for Singapore Technologies
For every potential investor in Singapore, whether a beginner or expert, Singapore Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Singapore Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Singapore. Basic forecasting techniques help filter out the noise by identifying Singapore Technologies' price trends.Singapore Technologies 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 Singapore Technologies pink sheet to make a market-neutral strategy. Peer analysis of Singapore Technologies could also be used in its relative valuation, which is a method of valuing Singapore Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Singapore Technologies Market Strength Events
Market strength indicators help investors to evaluate how Singapore Technologies 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 Singapore Technologies shares will generate the highest return on investment. By undertsting and applying Singapore Technologies pink sheet market strength indicators, traders can identify Singapore Technologies Engineering entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 73.05 | |||
| Day Typical Price | 73.05 | |||
| Price Action Indicator | (1.53) | |||
| Period Momentum Indicator | (3.06) | |||
| Relative Strength Index | 59.67 |
Singapore Technologies Risk Indicators
The analysis of Singapore Technologies' 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 Singapore Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting singapore 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 | 1.49 | |||
| Semi Deviation | 1.53 | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.37 | |||
| Downside Variance | 15.59 | |||
| Semi Variance | 2.34 | |||
| Expected Short fall | (3.54) |
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 Singapore Technologies
The number of cover stories for Singapore Technologies depends on current market conditions and Singapore Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Singapore Technologies 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 Singapore Technologies' 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 Singapore Pink Sheet Analysis
When running Singapore Technologies' price analysis, check to measure Singapore Technologies' 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 Singapore Technologies is operating at the current time. Most of Singapore Technologies' value examination focuses on studying past and present price action to predict the probability of Singapore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singapore Technologies' price. Additionally, you may evaluate how the addition of Singapore Technologies to your portfolios can decrease your overall portfolio volatility.