Sunny Optical Pink Sheet Forecast - Simple Regression
| SOTGY Stock | USD 82.65 2.39 2.98% |
Sunny Pink Sheet outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Sunny Optical's share price is approaching 43. This usually implies that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Sunny Optical, making its price go up or down. Momentum 43
Sell Extended
Oversold | Overbought |
Using Sunny Optical hype-based prediction, you can estimate the value of Sunny Optical Technology from the perspective of Sunny Optical response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Sunny Optical Technology on the next trading day is expected to be 80.38 with a mean absolute deviation of 2.85 and the sum of the absolute errors of 174.03. Sunny Optical after-hype prediction price | USD 82.65 |
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.
Sunny |
Sunny Optical Additional Predictive Modules
Most predictive techniques to examine Sunny price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sunny using various technical indicators. When you analyze Sunny 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 |
Sunny Optical Simple Regression Price Forecast For the 27th of January
Given 90 days horizon, the Simple Regression forecasted value of Sunny Optical Technology on the next trading day is expected to be 80.38 with a mean absolute deviation of 2.85, mean absolute percentage error of 16.55, and the sum of the absolute errors of 174.03.Please note that although there have been many attempts to predict Sunny 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 Sunny Optical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sunny Optical Pink Sheet Forecast Pattern
| Backtest Sunny Optical | Sunny Optical Price Prediction | Buy or Sell Advice |
Sunny Optical Forecasted Value
In the context of forecasting Sunny Optical'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. Sunny Optical's downside and upside margins for the forecasting period are 77.17 and 83.60, respectively. We have considered Sunny Optical'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Sunny Optical pink sheet data series using in forecasting. Note that when a statistical model is used to represent Sunny Optical 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 | 120.9166 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 2.853 |
| MAPE | Mean absolute percentage error | 0.0327 |
| SAE | Sum of the absolute errors | 174.0315 |
Predictive Modules for Sunny Optical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunny Optical Technology. 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.Sunny Optical After-Hype Price Density Analysis
As far as predicting the price of Sunny Optical 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 Sunny Optical 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 Sunny Optical, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Sunny Optical Estimiated After-Hype Price Volatility
In the context of predicting Sunny Optical's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sunny Optical's historical news coverage. Sunny Optical's after-hype downside and upside margins for the prediction period are 79.46 and 85.84, respectively. We have considered Sunny Optical'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
Sunny Optical is very steady at this time. Analysis and calculation of next after-hype price of Sunny Optical Technology is based on 3 months time horizon.
Sunny Optical Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Sunny Optical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sunny Optical 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 Sunny Optical, 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 |
0.35 | 3.22 | 0.00 | 0.04 | 0 Events / Month | 1 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
82.65 | 82.65 | 0.00 |
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Sunny Optical Hype Timeline
Sunny Optical Technology is at this time traded for 82.65. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.04. Sunny 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 -0.35%. %. The volatility of related hype on Sunny Optical is about 2927.27%, with the expected price after the next announcement by competition of 82.69. The book value of the company was at this time reported as 190.19. The company has Price/Earnings To Growth (PEG) ratio of 0.8. Sunny Optical Technology last dividend was issued on the 26th of May 2022. Assuming the 90 days horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Sunny Optical to cross-verify your projections.Sunny Optical Related Hype Analysis
Having access to credible news sources related to Sunny Optical's direct competition is more important than ever and may enhance your ability to predict Sunny Optical's future price movements. Getting to know how Sunny Optical'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 Sunny Optical may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BYDIY | BYD Electronic | 0.44 | 2 per month | 0.00 | (0.07) | 5.10 | (6.55) | 17.38 | |
| BYDIF | BYD Electronic | 0.44 | 2 per month | 0.00 | (0.03) | 6.98 | (8.01) | 20.71 | |
| CCOEF | Capcom Co | 0.00 | 0 per month | 0.00 | (0.09) | 3.46 | (5.81) | 17.79 | |
| RXEEY | Rexel SA ADR | 0.00 | 0 per month | 1.73 | 0.14 | 3.28 | (2.98) | 9.93 | |
| CCOEY | Capcom Co Ltd | 0.00 | 0 per month | 0.00 | (0.13) | 4.29 | (3.89) | 11.75 | |
| RXLSF | Rexel SA | 0.00 | 0 per month | 0.88 | 0.10 | 3.19 | (1.52) | 10.65 | |
| SHMZF | Shimadzu | 0.00 | 0 per month | 0.00 | (0.04) | 0.00 | 0.00 | 5.43 | |
| IBIDF | Ibiden CoLtd | 0.00 | 0 per month | 0.00 | 0.07 | 1.45 | (1.10) | 149.97 |
Other Forecasting Options for Sunny Optical
For every potential investor in Sunny, whether a beginner or expert, Sunny Optical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sunny Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sunny. Basic forecasting techniques help filter out the noise by identifying Sunny Optical's price trends.Sunny Optical 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 Sunny Optical pink sheet to make a market-neutral strategy. Peer analysis of Sunny Optical could also be used in its relative valuation, which is a method of valuing Sunny Optical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sunny Optical Market Strength Events
Market strength indicators help investors to evaluate how Sunny Optical 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 Sunny Optical shares will generate the highest return on investment. By undertsting and applying Sunny Optical pink sheet market strength indicators, traders can identify Sunny Optical Technology entry and exit signals to maximize returns.
Sunny Optical Risk Indicators
The analysis of Sunny Optical'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 Sunny Optical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sunny 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 | 2.42 | |||
| Standard Deviation | 3.23 | |||
| Variance | 10.4 |
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 Sunny Optical
The number of cover stories for Sunny Optical depends on current market conditions and Sunny Optical's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Sunny Optical 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 Sunny Optical'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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Sunny Optical Short Properties
Sunny Optical's future price predictability will typically decrease when Sunny Optical's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Sunny Optical Technology often depends not only on the future outlook of the potential Sunny Optical's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sunny Optical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 109.4 M | |
| Cash And Short Term Investments | 15 B |
Additional Tools for Sunny Pink Sheet Analysis
When running Sunny Optical's price analysis, check to measure Sunny Optical'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 Sunny Optical is operating at the current time. Most of Sunny Optical's value examination focuses on studying past and present price action to predict the probability of Sunny Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunny Optical's price. Additionally, you may evaluate how the addition of Sunny Optical to your portfolios can decrease your overall portfolio volatility.