SMX Public Stock Forward View

SMXWW Stock   0.07  0.02  57.21%   
SMX Stock outlook is based on your current time horizon.
At this time the relative strength index (rsi) of SMX Public's share price is below 20 . This usually implies 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
The successful prediction of SMX Public's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of SMX Public and does not consider all of the tangible or intangible factors available from SMX Public's fundamental data. We analyze noise-free headlines and recent hype associated with SMX Public Limited, which may create opportunities for some arbitrage if properly timed.
Using SMX Public hype-based prediction, you can estimate the value of SMX Public Limited from the perspective of SMX Public response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of SMX Public Limited on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.23.

SMX Public after-hype prediction price

    
  USD 0.0761  
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 SMX Public to cross-verify your projections.

SMX Public Additional Predictive Modules

Most predictive techniques to examine SMX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SMX using various technical indicators. When you analyze SMX 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.
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the SMX Public's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
2.1 M
Current Value
M
Quarterly Volatility
1.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
A naive forecasting model for SMX Public is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of SMX Public Limited value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

SMX Public Naive Prediction Price Forecast For the 10th of February

Given 90 days horizon, the Naive Prediction forecasted value of SMX Public Limited on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0008, and the sum of the absolute errors of 1.23.
Please note that although there have been many attempts to predict SMX 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 SMX Public's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SMX Public Stock Forecast Pattern

Backtest SMX Public  SMX Public Price Prediction  Research Analysis  

SMX Public Forecasted Value

In the context of forecasting SMX Public'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. SMX Public's downside and upside margins for the forecasting period are 0.0007 and 46.11, respectively. We have considered SMX Public'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
0.07
0.0007
Downside
0.01
Expected Value
46.11
Upside

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 SMX Public stock data series using in forecasting. Note that when a statistical model is used to represent SMX Public 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.
AICAkaike Information Criteria111.0318
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0201
MAPEMean absolute percentage error0.3768
SAESum of the absolute errors1.226
This model is not at all useful as a medium-long range forecasting tool of SMX Public Limited. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict SMX Public. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for SMX Public

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SMX Public Limited. 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 SMX Public'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
0.000.0845.82
Details
Intrinsic
Valuation
LowRealHigh
0.000.0645.80
Details

SMX Public After-Hype Price Density Analysis

As far as predicting the price of SMX Public 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 SMX Public 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 SMX Public, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

SMX Public Estimiated After-Hype Price Volatility

In the context of predicting SMX Public's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on SMX Public's historical news coverage. SMX Public's after-hype downside and upside margins for the prediction period are 0.00 and 45.82, respectively. We have considered SMX Public'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
0.07
0.08
After-hype Price
45.82
Upside
SMX Public is out of control at this time. Analysis and calculation of next after-hype price of SMX Public Limited is based on 3 months time horizon.

SMX Public Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as SMX Public is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SMX Public 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 SMX Public, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  6.81 
46.09
  0.07 
  0.63 
9 Events / Month
2 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.07
0.08
12.47 
465,556  
Notes

SMX Public Hype Timeline

SMX Public Limited is at this time traded for 0.07. The entity has historical hype elasticity of 0.07, and average elasticity to hype of competition of 0.63. SMX is anticipated to increase in value after the next headline, with the price projected to jump to 0.0761 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is projected to be 12.47%, whereas the daily expected return is at this time at 6.81%. The volatility of related hype on SMX Public is about 49827.03%, with the expected price after the next announcement by competition of 0.70. SMX Public Limited has accumulated 5.55 M in total debt. Note, when we think about SMX Public's use of debt, we should always consider it together with its cash and equity.Assuming the 90 days horizon the next anticipated press release will be in about 9 days.
Check out Historical Fundamental Analysis of SMX Public to cross-verify your projections.

SMX Public Related Hype Analysis

Having access to credible news sources related to SMX Public's direct competition is more important than ever and may enhance your ability to predict SMX Public's future price movements. Getting to know how SMX Public'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 SMX Public may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
QBEIFQBE Insurance Group 0.00 0 per month 0.00  0.06  0.00  0.00  6.51 
PSBKFPostal Savings Bank 0.00 0 per month 0.00 (0.13) 2.94 (2.86) 17.23 
HRTGHeritage Insurance Hldgs 0.44 9 per month 2.79  0.05  4.24 (4.89) 19.93 
ASICAtegrity Specialty Insurance(0.38)12 per month 2.16 (0.03) 3.97 (3.44) 8.64 
GGDVFGuangdong Investment Limited 0.00 0 per month 0.00 (0.1) 0.00  0.00  4.76 
UVEUniversal Insurance Holdings 0.68 8 per month 2.02 (0.02) 3.43 (3.08) 10.03 
ZURVYZurich Insurance Group 0.00 0 per month 0.96  0.03  1.65 (1.86) 5.14 
CWIDCountry Wide Insurance 0.00 0 per month 0.00  0.03  0.00  0.00  7.50 

Other Forecasting Options for SMX Public

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

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

SMX Public Market Strength Events

Market strength indicators help investors to evaluate how SMX Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SMX Public shares will generate the highest return on investment. By undertsting and applying SMX Public stock market strength indicators, traders can identify SMX Public Limited entry and exit signals to maximize returns.

SMX Public Risk Indicators

The analysis of SMX Public'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 SMX Public's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting smx 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.
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 SMX Public

The number of cover stories for SMX Public depends on current market conditions and SMX Public's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that SMX Public 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 SMX Public's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for SMX Stock Analysis

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