Straits Trading Pink Sheet Forecast - Simple Exponential Smoothing

STTSY Stock  USD 20.37  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of Straits Trading on the next trading day is expected to be 20.37 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Straits Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Straits Trading'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
The successful prediction of Straits Trading's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Straits Trading, which may create opportunities for some arbitrage if properly timed.
Using Straits Trading hype-based prediction, you can estimate the value of Straits Trading from the perspective of Straits Trading response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Straits Trading on the next trading day is expected to be 20.37 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00.

Straits Trading after-hype prediction price

    
  USD 20.37  
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 Straits Trading to cross-verify your projections.

Straits Trading Additional Predictive Modules

Most predictive techniques to examine Straits price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Straits using various technical indicators. When you analyze Straits 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.
Straits Trading simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Straits Trading are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Straits Trading prices get older.

Straits Trading Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Straits Trading on the next trading day is expected to be 20.37 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Straits 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 Straits Trading's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Straits Trading Pink Sheet Forecast Pattern

Backtest Straits TradingStraits Trading Price PredictionBuy or Sell Advice 

Straits Trading Forecasted Value

In the context of forecasting Straits Trading'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. Straits Trading's downside and upside margins for the forecasting period are 20.37 and 20.37, respectively. We have considered Straits Trading'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
20.37
20.37
Expected Value
20.37
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Straits Trading pink sheet data series using in forecasting. Note that when a statistical model is used to represent Straits Trading 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This simple exponential smoothing model begins by setting Straits Trading forecast for the second period equal to the observation of the first period. In other words, recent Straits Trading observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Straits Trading

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Straits Trading. 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 Straits Trading'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
20.3720.3720.37
Details
Intrinsic
Valuation
LowRealHigh
20.3720.3720.37
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.3720.3720.37
Details

Straits Trading After-Hype Price Prediction Density Analysis

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

Straits Trading Estimiated After-Hype Price Volatility

In the context of predicting Straits Trading's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Straits Trading's historical news coverage. Straits Trading's after-hype downside and upside margins for the prediction period are 20.37 and 20.37, respectively. We have considered Straits Trading'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
20.37
20.37
After-hype Price
20.37
Upside
Straits Trading is very steady at this time. Analysis and calculation of next after-hype price of Straits Trading is based on 3 months time horizon.

Straits Trading Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Straits Trading is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Straits Trading 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 Straits Trading, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
0 Events / Month
4 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
20.37
20.37
0.00 
0.00  
Notes

Straits Trading Hype Timeline

Straits Trading is at this time traded for 20.37. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Straits 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 insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Straits Trading is about 0.0%, with the expected price after the next announcement by competition of 20.37. The company has price-to-book ratio of 0.82. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Straits Trading last dividend was issued on the 6th of May 2022. The entity had 118:100 split on the 14th of October 2022. Assuming the 90 days horizon the next projected press release will be within a week.
Check out Historical Fundamental Analysis of Straits Trading to cross-verify your projections.

Straits Trading Related Hype Analysis

Having access to credible news sources related to Straits Trading's direct competition is more important than ever and may enhance your ability to predict Straits Trading's future price movements. Getting to know how Straits Trading'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 Straits Trading 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
AFMJFAlphamin Resources Corp 3.47 4 per month 3.17  0.09  7.23 (5.00) 18.36 
AMVMFAMG Advanced Metallurgical 0.00 0 per month 2.40  0.06  8.50 (4.20) 19.72 
MFRVFMinera Frisco SAB 3.47 12 per month 0.00  0.06  0.00  0.00  14.29 
NCKAFNickel Asia 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
MNSAFMineros SA 3.47 8 per month 3.31  0.13  8.13 (5.88) 20.14 
TTNNFToho Titanium Co 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
VULNFVulcan Energy Resources 3.47 4 per month 8.30 (0) 9.84 (12.72) 73.18 
PITPYIndocement Tunggal Prakarsa 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
OSTTFOSAKA Titanium Technologies 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
PSGTFPT Semen Indonesia 3.47 4 per month 0.00 (0.14) 0.00  0.00  6.25 

Other Forecasting Options for Straits Trading

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

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

Straits Trading Market Strength Events

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

Story Coverage note for Straits Trading

The number of cover stories for Straits Trading depends on current market conditions and Straits Trading's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Straits Trading 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 Straits Trading's 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

Straits Trading Short Properties

Straits Trading's future price predictability will typically decrease when Straits Trading's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Straits Trading often depends not only on the future outlook of the potential Straits Trading'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. Straits Trading's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding406.8 M
Short Long Term Debt540.7 M

Additional Tools for Straits Pink Sheet Analysis

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