Tingo Stock Forecast - Polynomial Regression
| TIODelisted Stock | 0.02 0.00 0.00% |
Tingo Stock outlook is based on your current time horizon.
As of today, the value of RSI of Tingo's share price is approaching 48. This usually implies that the stock 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 Tingo, making its price go up or down. Momentum 48
Impartial
Oversold | Overbought |
Using Tingo hype-based prediction, you can estimate the value of Tingo Group from the perspective of Tingo response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Tingo Group on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.51. Tingo after-hype prediction price | USD 0.0222 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Tingo |
Tingo Additional Predictive Modules
Most predictive techniques to examine Tingo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Tingo using various technical indicators. When you analyze Tingo 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 |
Tingo Polynomial Regression Price Forecast For the 29th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Tingo Group on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.51.Please note that although there have been many attempts to predict Tingo Stock 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 Tingo's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Tingo Stock Forecast Pattern
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Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Tingo stock data series using in forecasting. Note that when a statistical model is used to represent Tingo stock, 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 | 109.013 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0083 |
| MAPE | Mean absolute percentage error | 0.3721 |
| SAE | Sum of the absolute errors | 0.5061 |
Predictive Modules for Tingo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tingo Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Tingo After-Hype Price Density Analysis
As far as predicting the price of Tingo 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 Tingo 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 Stock prices, such as prices of Tingo, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Tingo Estimiated After-Hype Price Volatility
In the context of predicting Tingo's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Tingo's historical news coverage. Tingo's after-hype downside and upside margins for the prediction period are 0.02 and 0.02, respectively. We have considered Tingo'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
Tingo is very steady at this time. Analysis and calculation of next after-hype price of Tingo Group is based on 3 months time horizon.
Tingo Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Tingo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tingo 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 Delisted Stock 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 Tingo, 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 | 4 Events / Month | 1 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.02 | 0.02 | 0.00 |
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Tingo Hype Timeline
On the 28th of January Tingo Group is traded for 0.02. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Tingo 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 Tingo is about 0.0%, with the expected price after the next announcement by competition of 0.02. About 27.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.01. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tingo Group had not issued any dividends in recent years. The entity had 1:2 split on the 18th of March 2013. Considering the 90-day investment horizon the next forecasted press release will be in about 4 days. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.Tingo Related Hype Analysis
Having access to credible news sources related to Tingo's direct competition is more important than ever and may enhance your ability to predict Tingo's future price movements. Getting to know how Tingo'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 Tingo may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DM | Desktop Metal | (0.04) | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| VOXX | VOXX International | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CTG | Computer Task Group | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| RAAS | Cloopen Group Holding | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EMAN | EMagin | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| OUSTW | Ouster Warrants | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SRT | StarTek | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| DFDV | DeFi Development Corp | (0.13) | 12 per month | 0.00 | (0.15) | 9.26 | (13.42) | 38.88 | |
| ZFOX | ZeroFox Holdings | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MKFG | Markforged Holding Corp | (0.04) | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Tingo 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 Tingo stock to make a market-neutral strategy. Peer analysis of Tingo could also be used in its relative valuation, which is a method of valuing Tingo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tingo Market Strength Events
Market strength indicators help investors to evaluate how Tingo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tingo shares will generate the highest return on investment. By undertsting and applying Tingo stock market strength indicators, traders can identify Tingo Group entry and exit signals to maximize returns.
| Accumulation Distribution | 0.41 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0176 | |||
| Day Typical Price | 0.0191 | |||
| Market Facilitation Index | 0.0092 | |||
| Price Action Indicator | 0.0046 | |||
| Relative Strength Index | 48.97 |
Story Coverage note for Tingo
The number of cover stories for Tingo depends on current market conditions and Tingo's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Tingo 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 Tingo'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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Tingo Short Properties
Tingo's future price predictability will typically decrease when Tingo's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Tingo Group often depends not only on the future outlook of the potential Tingo'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. Tingo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 129.3 M | |
| Cash And Short Term Investments | 500.3 M |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in Tingo Stock
If you are still planning to invest in Tingo Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tingo's history and understand the potential risks before investing.
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