Showa Denko Pink Sheet Forecast - Simple Regression

SHWDY Stock  USD 49.00  4.55  10.24%   
The Simple Regression forecasted value of Showa Denko KK on the next trading day is expected to be 41.46 with a mean absolute deviation of 3.07 and the sum of the absolute errors of 187.39. Showa Pink Sheet Forecast is based on your current time horizon.
The relative strength index (RSI) of Showa Denko's pink sheet price is slightly above 64. This usually implies that the pink sheet is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Showa, making its price go up or down.

Momentum 64

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Showa Denko's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Showa Denko KK, which may create opportunities for some arbitrage if properly timed.
Using Showa Denko hype-based prediction, you can estimate the value of Showa Denko KK from the perspective of Showa Denko response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Showa Denko KK on the next trading day is expected to be 41.46 with a mean absolute deviation of 3.07 and the sum of the absolute errors of 187.39.

Showa Denko after-hype prediction price

    
  USD 49.0  
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.
  
Check out Historical Fundamental Analysis of Showa Denko to cross-verify your projections.

Showa Denko Additional Predictive Modules

Most predictive techniques to examine Showa price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Showa using various technical indicators. When you analyze Showa 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Showa Denko price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Showa Denko Simple Regression Price Forecast For the 19th of January

Given 90 days horizon, the Simple Regression forecasted value of Showa Denko KK on the next trading day is expected to be 41.46 with a mean absolute deviation of 3.07, mean absolute percentage error of 12.00, and the sum of the absolute errors of 187.39.
Please note that although there have been many attempts to predict Showa 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 Showa Denko's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Showa Denko Pink Sheet Forecast Pattern

Backtest Showa DenkoShowa Denko Price PredictionBuy or Sell Advice 

Showa Denko Forecasted Value

In the context of forecasting Showa Denko'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. Showa Denko's downside and upside margins for the forecasting period are 38.02 and 44.90, respectively. We have considered Showa Denko'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.
Market Value
49.00
41.46
Expected Value
44.90
Upside

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 Showa Denko pink sheet data series using in forecasting. Note that when a statistical model is used to represent Showa Denko 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.
AICAkaike Information Criteria120.5952
BiasArithmetic mean of the errors None
MADMean absolute deviation3.0719
MAPEMean absolute percentage error0.0777
SAESum of the absolute errors187.3862
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Showa Denko KK historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Showa Denko

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Showa Denko KK. 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 Showa Denko'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.
Hype
Prediction
LowEstimatedHigh
45.5649.0052.44
Details
Intrinsic
Valuation
LowRealHigh
34.8138.2553.90
Details
Bollinger
Band Projection (param)
LowMiddleHigh
34.9142.4349.95
Details

Other Forecasting Options for Showa Denko

For every potential investor in Showa, whether a beginner or expert, Showa Denko's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Showa Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Showa. Basic forecasting techniques help filter out the noise by identifying Showa Denko's price trends.

Showa Denko 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 Showa Denko pink sheet to make a market-neutral strategy. Peer analysis of Showa Denko could also be used in its relative valuation, which is a method of valuing Showa Denko by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Showa Denko KK Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Showa Denko's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Showa Denko's current price.

Showa Denko Market Strength Events

Market strength indicators help investors to evaluate how Showa Denko 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 Showa Denko shares will generate the highest return on investment. By undertsting and applying Showa Denko pink sheet market strength indicators, traders can identify Showa Denko KK entry and exit signals to maximize returns.

Showa Denko Risk Indicators

The analysis of Showa Denko'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 Showa Denko's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting showa 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Showa Pink Sheet Analysis

When running Showa Denko's price analysis, check to measure Showa Denko'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 Showa Denko is operating at the current time. Most of Showa Denko's value examination focuses on studying past and present price action to predict the probability of Showa Denko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Showa Denko's price. Additionally, you may evaluate how the addition of Showa Denko to your portfolios can decrease your overall portfolio volatility.