Surge Components Pink Sheet Forecast - Naive Prediction

SPRS Stock  USD 3.34  0.34  11.33%   
Surge Pink Sheet outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Surge Components' share price is at 54. 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 Surge Components, making its price go up or down.

Momentum 54

 Impartial

 
Oversold
 
Overbought
The successful prediction of Surge Components' 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 Surge Components and does not consider all of the tangible or intangible factors available from Surge Components' fundamental data. We analyze noise-free headlines and recent hype associated with Surge Components, which may create opportunities for some arbitrage if properly timed.
Using Surge Components hype-based prediction, you can estimate the value of Surge Components from the perspective of Surge Components response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Surge Components on the next trading day is expected to be 3.37 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.92.

Surge Components after-hype prediction price

    
  USD 3.34  
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 Surge Components to cross-verify your projections.

Surge Components Additional Predictive Modules

Most predictive techniques to examine Surge price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Surge using various technical indicators. When you analyze Surge 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.
A naive forecasting model for Surge Components is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Surge Components 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.

Surge Components Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Surge Components on the next trading day is expected to be 3.37 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.92.
Please note that although there have been many attempts to predict Surge 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 Surge Components' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Surge Components Pink Sheet Forecast Pattern

Backtest Surge Components  Surge Components Price Prediction  Buy or Sell Advice  

Surge Components Forecasted Value

In the context of forecasting Surge Components' 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. Surge Components' downside and upside margins for the forecasting period are 0.03 and 7.17, respectively. We have considered Surge Components' 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
3.34
3.37
Expected Value
7.17
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 Surge Components pink sheet data series using in forecasting. Note that when a statistical model is used to represent Surge Components 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 Criteria113.3179
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0642
MAPEMean absolute percentage error0.0204
SAESum of the absolute errors3.916
This model is not at all useful as a medium-long range forecasting tool of Surge Components. 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 Surge Components. 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 Surge Components

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Surge Components. 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.
Hype
Prediction
LowEstimatedHigh
0.173.347.11
Details
Intrinsic
Valuation
LowRealHigh
0.163.237.00
Details

Surge Components After-Hype Price Density Analysis

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

Surge Components Estimiated After-Hype Price Volatility

In the context of predicting Surge Components' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Surge Components' historical news coverage. Surge Components' after-hype downside and upside margins for the prediction period are 0.17 and 7.11, respectively. We have considered Surge Components' 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
3.34
3.34
After-hype Price
7.11
Upside
Surge Components is unstable at this time. Analysis and calculation of next after-hype price of Surge Components is based on 3 months time horizon.

Surge Components Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Surge Components is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Surge Components 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 Surge Components, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.32 
3.80
  1.88 
  0.48 
6 Events / Month
2 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.34
3.34
0.00 
31.99  
Notes

Surge Components Hype Timeline

Surge Components is at this time traded for 3.34. The entity has historical hype elasticity of 1.88, and average elasticity to hype of competition of 0.48. Surge is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 31.99%. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at 0.32%. %. The volatility of related hype on Surge Components is about 251.84%, with the expected price after the next announcement by competition of 3.82. About 47.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.09. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Surge Components had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be in about 6 days.
Check out Historical Fundamental Analysis of Surge Components to cross-verify your projections.

Surge Components Related Hype Analysis

Having access to credible news sources related to Surge Components' direct competition is more important than ever and may enhance your ability to predict Surge Components' future price movements. Getting to know how Surge Components' 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 Surge Components 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
WELXWinland Holdings 0.00 0 per month 0.00 (0.05) 6.85 (5.56) 16.54 
CCTCClean Coal Technologies 0.00 3 per month 0.00  0.00  0.00  0.00  0.00 
AITXArtificial Intelligence Technology 15.08 9 per month 0.00 (0.05) 12.50 (12.50) 29.17 
LTCHLatch Inc 0.01 4 per month 5.08  0.10  16.67 (8.33) 39.61 
MMTIFMicromem Technologies 0.00 0 per month 7.25  0.01  33.33 (25.00) 58.33 
NOWVFNowVertical Group 0.00 0 per month 3.62  0.01  11.11 (9.09) 38.44 
AMOSFAtomos Limited 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
DYSLDynasil of 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
XNDAXinda International Corp 0.00 0 per month 21.15  0.12  61.11 (44.38) 173.34 
MFONMobivity Holdings 0.00 0 per month 0.00 (0.06) 14.29 (13.04) 48.48 

Other Forecasting Options for Surge Components

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

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

Surge Components Market Strength Events

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

Surge Components Risk Indicators

The analysis of Surge Components' 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 Surge Components' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting surge 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.

Story Coverage note for Surge Components

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Surge Components Short Properties

Surge Components' future price predictability will typically decrease when Surge Components' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Surge Components often depends not only on the future outlook of the potential Surge Components' 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. Surge Components' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding5.7 M
Cash And Short Term Investments6.5 M

Additional Tools for Surge Pink Sheet Analysis

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