Shonghoya Intl Pink Sheet Forecast - Double Exponential Smoothing
| SNHO Stock | USD 0.21 0.25 54.35% |
Shonghoya Pink Sheet outlook is based on your current time horizon.
As of today the relative strength index (rsi) of Shonghoya Intl's share price is below 20 . This usually implies 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 19
Sell Peaked
Oversold | Overbought |
Using Shonghoya Intl hype-based prediction, you can estimate the value of Shonghoya Intl Group from the perspective of Shonghoya Intl response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Shonghoya Intl Group on the next trading day is expected to be 0.21 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.06. Shonghoya Intl after-hype prediction price | USD 0.21 |
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.
Shonghoya |
Shonghoya Intl Additional Predictive Modules
Most predictive techniques to examine Shonghoya price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Shonghoya using various technical indicators. When you analyze Shonghoya 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 |
Shonghoya Intl Double Exponential Smoothing Price Forecast For the 28th of January
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Shonghoya Intl Group on the next trading day is expected to be 0.21 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.01, and the sum of the absolute errors of 1.06.Please note that although there have been many attempts to predict Shonghoya 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 Shonghoya Intl's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Shonghoya Intl Pink Sheet Forecast Pattern
| Backtest Shonghoya Intl | Shonghoya Intl Price Prediction | Buy or Sell Advice |
Shonghoya Intl Forecasted Value
In the context of forecasting Shonghoya Intl'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. Shonghoya Intl's downside and upside margins for the forecasting period are 0 and 23.86, respectively. We have considered Shonghoya Intl'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Shonghoya Intl pink sheet data series using in forecasting. Note that when a statistical model is used to represent Shonghoya Intl 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0058 |
| MAD | Mean absolute deviation | 0.018 |
| MAPE | Mean absolute percentage error | 0.1149 |
| SAE | Sum of the absolute errors | 1.06 |
Predictive Modules for Shonghoya Intl
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shonghoya Intl Group. 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.Shonghoya Intl After-Hype Price Density Analysis
As far as predicting the price of Shonghoya Intl 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 Shonghoya Intl 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 Shonghoya Intl, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Shonghoya Intl Estimiated After-Hype Price Volatility
In the context of predicting Shonghoya Intl's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Shonghoya Intl's historical news coverage. Shonghoya Intl's after-hype downside and upside margins for the prediction period are 0.01 and 23.66, respectively. We have considered Shonghoya Intl'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
Shonghoya Intl is out of control at this time. Analysis and calculation of next after-hype price of Shonghoya Intl Group is based on 3 months time horizon.
Shonghoya Intl Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Shonghoya Intl is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shonghoya Intl 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 Shonghoya Intl, 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 |
1.44 | 23.65 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.21 | 0.21 | 0.00 |
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Shonghoya Intl Hype Timeline
Shonghoya Intl Group is at this time traded for 0.21. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Shonghoya 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 1.44%. %. The volatility of related hype on Shonghoya Intl is about 0.0%, with the expected price after the next announcement by competition of 0.21. About 61.0% of the company outstanding shares are owned by corporate insiders. The company last dividend was issued on the 11th of June 2020. Shonghoya Intl Group had 1:100 split on the 11th of June 2020. Given the investment horizon of 90 days the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Shonghoya Intl to cross-verify your projections.Shonghoya Intl Related Hype Analysis
Having access to credible news sources related to Shonghoya Intl's direct competition is more important than ever and may enhance your ability to predict Shonghoya Intl's future price movements. Getting to know how Shonghoya Intl'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 Shonghoya Intl may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LFEV | Life Electric Vehicles | 0.00 | 0 per month | 0.00 | 0.05 | 1.37 | (2.67) | 74.67 | |
| LNBY | Lanbay Inc | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 90.75 | |
| BWMG | Brownies Marine Group | 0.00 | 0 per month | 12.14 | 0.11 | 48.15 | (32.50) | 105.49 | |
| MAYX | Mayex USA | 0.00 | 0 per month | 0.00 | 0.09 | 0.00 | 0.00 | 55.54 | |
| GKIT | Greenkraft | 0.00 | 0 per month | 0.00 | (0.01) | 0.00 | 0.00 | 31.18 | |
| BANI | Banneker | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GHST | GHST World | 0.00 | 0 per month | 0.00 | (0.03) | 17.65 | (15.00) | 50.29 | |
| AFFL | Affiliated Resources Corp | 0.00 | 0 per month | 0.00 | (0.01) | 3.88 | (9.61) | 84.81 | |
| NROM | Noble Romans | 0.00 | 0 per month | 3.88 | 0.16 | 12.90 | (10.26) | 44.76 | |
| CDTI | CDTi Advanced Materials | 0.00 | 0 per month | 0.00 | (0.08) | 7.37 | (11.84) | 43.34 |
Other Forecasting Options for Shonghoya Intl
For every potential investor in Shonghoya, whether a beginner or expert, Shonghoya Intl's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shonghoya Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shonghoya. Basic forecasting techniques help filter out the noise by identifying Shonghoya Intl's price trends.Shonghoya Intl 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 Shonghoya Intl pink sheet to make a market-neutral strategy. Peer analysis of Shonghoya Intl could also be used in its relative valuation, which is a method of valuing Shonghoya Intl by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shonghoya Intl Market Strength Events
Market strength indicators help investors to evaluate how Shonghoya Intl 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 Shonghoya Intl shares will generate the highest return on investment. By undertsting and applying Shonghoya Intl pink sheet market strength indicators, traders can identify Shonghoya Intl Group entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.46 | |||
| Day Median Price | 0.21 | |||
| Day Typical Price | 0.21 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.25) | |||
| Relative Strength Index | 19.69 |
Shonghoya Intl Risk Indicators
The analysis of Shonghoya Intl'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 Shonghoya Intl's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shonghoya 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 | 6.97 | |||
| Standard Deviation | 22.76 | |||
| Variance | 518.0 |
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 Shonghoya Intl
The number of cover stories for Shonghoya Intl depends on current market conditions and Shonghoya Intl's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Shonghoya Intl 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 Shonghoya Intl'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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Other Information on Investing in Shonghoya Pink Sheet
Shonghoya Intl financial ratios help investors to determine whether Shonghoya Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shonghoya with respect to the benefits of owning Shonghoya Intl security.