SMURFIT STONE Pink Sheet Forecast - Naive Prediction
| SSCC Stock | USD 2.22 0.00 0.00% |
The Naive Prediction forecasted value of SMURFIT STONE TAINER Corp on the next trading day is expected to be 2.22 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. SMURFIT Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SMURFIT STONE stock prices and determine the direction of SMURFIT STONE TAINER Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SMURFIT STONE's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of SMURFIT STONE'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 0
Sell Peaked
Oversold | Overbought |
Using SMURFIT STONE hype-based prediction, you can estimate the value of SMURFIT STONE TAINER Corp from the perspective of SMURFIT STONE response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of SMURFIT STONE TAINER Corp on the next trading day is expected to be 2.22 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. SMURFIT STONE after-hype prediction price | USD 2.22 |
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.
SMURFIT |
SMURFIT STONE Additional Predictive Modules
Most predictive techniques to examine SMURFIT price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SMURFIT using various technical indicators. When you analyze SMURFIT 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 | ||
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| Overlap Studies | ||
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SMURFIT STONE Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of SMURFIT STONE TAINER Corp on the next trading day is expected to be 2.22 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict SMURFIT 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 SMURFIT STONE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
SMURFIT STONE Pink Sheet Forecast Pattern
| Backtest SMURFIT STONE | SMURFIT STONE Price Prediction | Buy or Sell Advice |
SMURFIT STONE Forecasted Value
In the context of forecasting SMURFIT STONE'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. SMURFIT STONE's downside and upside margins for the forecasting period are 2.22 and 2.22, respectively. We have considered SMURFIT STONE'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of SMURFIT STONE pink sheet data series using in forecasting. Note that when a statistical model is used to represent SMURFIT STONE 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 | 49.9719 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for SMURFIT STONE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SMURFIT STONE TAINER. 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 SMURFIT STONE'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.
SMURFIT STONE After-Hype Price Prediction Density Analysis
As far as predicting the price of SMURFIT STONE 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 SMURFIT STONE 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 SMURFIT STONE, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
SMURFIT STONE Estimiated After-Hype Price Volatility
In the context of predicting SMURFIT STONE's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on SMURFIT STONE's historical news coverage. SMURFIT STONE's after-hype downside and upside margins for the prediction period are 2.22 and 2.22, respectively. We have considered SMURFIT STONE'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
SMURFIT STONE is very steady at this time. Analysis and calculation of next after-hype price of SMURFIT STONE TAINER is based on 3 months time horizon.
SMURFIT STONE Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as SMURFIT STONE is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SMURFIT STONE 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 SMURFIT STONE, 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 |
0.00 | 0.00 | 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 | ||
2.22 | 2.22 | 0.00 |
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SMURFIT STONE Hype Timeline
SMURFIT STONE TAINER is at this time traded for 2.22. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. SMURFIT 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 0.0%. %. The volatility of related hype on SMURFIT STONE is about 0.0%, with the expected price after the next announcement by competition of 2.22. The company recorded a loss per share of 0.92. SMURFIT STONE TAINER had not issued any dividends in recent years. The entity had a split on the 28th of June 2021. Given the investment horizon of 90 days the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of SMURFIT STONE to cross-verify your projections.SMURFIT STONE Related Hype Analysis
Having access to credible news sources related to SMURFIT STONE's direct competition is more important than ever and may enhance your ability to predict SMURFIT STONE's future price movements. Getting to know how SMURFIT STONE'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 SMURFIT STONE may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ITFRF | ITFOR Inc | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SVPLF | Kin And Carta | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| WEWA | Wewards | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ALVNF | Alviva Holdings Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| NPTSF | Napatech AS | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| PSHPF | Pro Ship Incorporated | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| DAHLF | Damstra Holdings Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FXSRF | Fixstars | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| WYLDF | Wyld Networks AB | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 1,349 | |
| KGNR | Kange Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for SMURFIT STONE
For every potential investor in SMURFIT, whether a beginner or expert, SMURFIT STONE's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SMURFIT Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SMURFIT. Basic forecasting techniques help filter out the noise by identifying SMURFIT STONE's price trends.SMURFIT STONE 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 SMURFIT STONE pink sheet to make a market-neutral strategy. Peer analysis of SMURFIT STONE could also be used in its relative valuation, which is a method of valuing SMURFIT STONE by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SMURFIT STONE Market Strength Events
Market strength indicators help investors to evaluate how SMURFIT STONE 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 SMURFIT STONE shares will generate the highest return on investment. By undertsting and applying SMURFIT STONE pink sheet market strength indicators, traders can identify SMURFIT STONE TAINER Corp entry and exit signals to maximize returns.
Story Coverage note for SMURFIT STONE
The number of cover stories for SMURFIT STONE depends on current market conditions and SMURFIT STONE's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that SMURFIT STONE 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 SMURFIT STONE'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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SMURFIT STONE Short Properties
SMURFIT STONE's future price predictability will typically decrease when SMURFIT STONE's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of SMURFIT STONE TAINER Corp often depends not only on the future outlook of the potential SMURFIT STONE'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. SMURFIT STONE's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 542 | |
| Date Short Interest | 10th of July 2001 |
Other Information on Investing in SMURFIT Pink Sheet
SMURFIT STONE financial ratios help investors to determine whether SMURFIT 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 SMURFIT with respect to the benefits of owning SMURFIT STONE security.