Skyworth Digital Pink Sheet Forecast - Double Exponential Smoothing
| SWDHY Stock | USD 12.20 0.00 0.00% |
Skyworth Pink Sheet outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Skyworth Digital'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 Skyworth Digital hype-based prediction, you can estimate the value of Skyworth Digital Holdings from the perspective of Skyworth Digital response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Skyworth Digital Holdings on the next trading day is expected to be 12.20 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Skyworth Digital after-hype prediction price | USD 12.2 |
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.
Skyworth |
Skyworth Digital Additional Predictive Modules
Most predictive techniques to examine Skyworth price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Skyworth using various technical indicators. When you analyze Skyworth 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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| Volatility Indicators | ||
| Volume Indicators |
Skyworth Digital Double Exponential Smoothing Price Forecast For the 28th of January
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Skyworth Digital Holdings on the next trading day is expected to be 12.20 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 Skyworth 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 Skyworth Digital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Skyworth Digital Pink Sheet Forecast Pattern
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Skyworth Digital Forecasted Value
In the context of forecasting Skyworth Digital'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. Skyworth Digital's downside and upside margins for the forecasting period are 12.20 and 12.20, respectively. We have considered Skyworth Digital'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 Skyworth Digital pink sheet data series using in forecasting. Note that when a statistical model is used to represent Skyworth Digital 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 | 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 Skyworth Digital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Skyworth Digital Holdings. 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.Skyworth Digital After-Hype Price Density Analysis
As far as predicting the price of Skyworth Digital 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 Skyworth Digital 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 Skyworth Digital, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Skyworth Digital Estimiated After-Hype Price Volatility
In the context of predicting Skyworth Digital's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Skyworth Digital's historical news coverage. Skyworth Digital's after-hype downside and upside margins for the prediction period are 12.20 and 12.20, respectively. We have considered Skyworth Digital'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
Skyworth Digital is very steady at this time. Analysis and calculation of next after-hype price of Skyworth Digital Holdings is based on 3 months time horizon.
Skyworth Digital Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Skyworth Digital is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Skyworth Digital 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 Skyworth Digital, 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 | |
12.20 | 12.20 | 0.00 |
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Skyworth Digital Hype Timeline
Skyworth Digital Holdings is at this time traded for 12.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Skyworth 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 Skyworth Digital is about 0.0%, with the expected price after the next announcement by competition of 12.20. The company has price-to-book ratio of 0.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Skyworth Digital Holdings last dividend was issued on the 8th of September 2022. Assuming the 90 days horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Skyworth Digital to cross-verify your projections.Skyworth Digital Related Hype Analysis
Having access to credible news sources related to Skyworth Digital's direct competition is more important than ever and may enhance your ability to predict Skyworth Digital's future price movements. Getting to know how Skyworth Digital'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 Skyworth Digital may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SNCPF | Sun Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| JPAVF | Japan Aviation Electronics | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GUNGF | GungHo Online Entertainment | 0.00 | 0 per month | 0.00 | 0.01 | 0.00 | 0.00 | 37.34 | |
| NDTAF | Northern Data AG | 0.00 | 0 per month | 0.00 | (0.16) | 0.00 | 0.00 | 17.16 | |
| BVSFF | Bravura Solutions Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ABXXF | Abaxx Technologies | 0.00 | 0 per month | 3.30 | 0.11 | 8.19 | (5.22) | 29.32 | |
| JVCZY | JVC Kenwood Corp | 0.00 | 0 per month | 0.00 | (0.15) | 0.00 | 0.00 | 22.57 | |
| UBSFY | UbiSoft Entertainment | 0.00 | 0 per month | 0.00 | (0.16) | 7.69 | (8.33) | 34.92 | |
| SLUNF | Solutions 30 SE | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| KNNNF | Kainos Group plc | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 54.21 |
Other Forecasting Options for Skyworth Digital
For every potential investor in Skyworth, whether a beginner or expert, Skyworth Digital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Skyworth Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Skyworth. Basic forecasting techniques help filter out the noise by identifying Skyworth Digital's price trends.Skyworth Digital 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 Skyworth Digital pink sheet to make a market-neutral strategy. Peer analysis of Skyworth Digital could also be used in its relative valuation, which is a method of valuing Skyworth Digital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Skyworth Digital Market Strength Events
Market strength indicators help investors to evaluate how Skyworth Digital 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 Skyworth Digital shares will generate the highest return on investment. By undertsting and applying Skyworth Digital pink sheet market strength indicators, traders can identify Skyworth Digital Holdings entry and exit signals to maximize returns.
Story Coverage note for Skyworth Digital
The number of cover stories for Skyworth Digital depends on current market conditions and Skyworth Digital's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Skyworth Digital 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 Skyworth Digital'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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Additional Tools for Skyworth Pink Sheet Analysis
When running Skyworth Digital's price analysis, check to measure Skyworth Digital'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 Skyworth Digital is operating at the current time. Most of Skyworth Digital's value examination focuses on studying past and present price action to predict the probability of Skyworth Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworth Digital's price. Additionally, you may evaluate how the addition of Skyworth Digital to your portfolios can decrease your overall portfolio volatility.