TMB Bank Pink Sheet Forecast - Simple Exponential Smoothing

TMBBY Stock  USD 9.05  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of TMB Bank PCL on the next trading day is expected to be 9.05 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. TMB Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of TMB Bank'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 TMB Bank's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with TMB Bank PCL, which may create opportunities for some arbitrage if properly timed.
Using TMB Bank hype-based prediction, you can estimate the value of TMB Bank PCL from the perspective of TMB Bank response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of TMB Bank PCL on the next trading day is expected to be 9.05 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00.

TMB Bank after-hype prediction price

    
  USD 9.05  
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 TMB Bank to cross-verify your projections.

TMB Bank Additional Predictive Modules

Most predictive techniques to examine TMB price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TMB using various technical indicators. When you analyze TMB 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.
TMB Bank 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 TMB Bank PCL are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as TMB Bank PCL prices get older.

TMB Bank Simple Exponential Smoothing Price Forecast For the 26th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of TMB Bank PCL on the next trading day is expected to be 9.05 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 TMB 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 TMB Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

TMB Bank Pink Sheet Forecast Pattern

Backtest TMB BankTMB Bank Price PredictionBuy or Sell Advice 

TMB Bank Forecasted Value

In the context of forecasting TMB Bank'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. TMB Bank's downside and upside margins for the forecasting period are 9.05 and 9.05, respectively. We have considered TMB Bank'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
9.05
9.05
Expected Value
9.05
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 TMB Bank pink sheet data series using in forecasting. Note that when a statistical model is used to represent TMB Bank 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 TMB Bank PCL forecast for the second period equal to the observation of the first period. In other words, recent TMB Bank observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for TMB Bank

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TMB Bank PCL. 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
9.059.059.05
Details
Intrinsic
Valuation
LowRealHigh
9.059.059.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TMB Bank. Your research has to be compared to or analyzed against TMB Bank's peers to derive any actionable benefits. When done correctly, TMB Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in TMB Bank PCL.

TMB Bank After-Hype Price Prediction Density Analysis

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

TMB Bank Estimiated After-Hype Price Volatility

In the context of predicting TMB Bank's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TMB Bank's historical news coverage. TMB Bank's after-hype downside and upside margins for the prediction period are 9.05 and 9.05, respectively. We have considered TMB Bank'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
9.05
9.05
After-hype Price
9.05
Upside
TMB Bank is very steady at this time. Analysis and calculation of next after-hype price of TMB Bank PCL is based on 3 months time horizon.

TMB Bank Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as TMB Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TMB Bank 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 TMB Bank, 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
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.05
9.05
0.00 
0.00  
Notes

TMB Bank Hype Timeline

TMB Bank PCL is at this time traded for 9.05. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. TMB 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 TMB Bank is about 0.0%, with the expected price after the next announcement by competition of 9.05. The company has price-to-book ratio of 0.67. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TMB Bank PCL last dividend was issued on the 2nd of September 2022. Assuming the 90 days horizon the next forecasted press release will be within a week.
Check out Historical Fundamental Analysis of TMB Bank to cross-verify your projections.

TMB Bank Related Hype Analysis

Having access to credible news sources related to TMB Bank's direct competition is more important than ever and may enhance your ability to predict TMB Bank's future price movements. Getting to know how TMB Bank'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 TMB Bank may potentially react to the hype associated with one of its peers.

Other Forecasting Options for TMB Bank

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

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

TMB Bank Market Strength Events

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

Story Coverage note for TMB Bank

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

TMB Bank Short Properties

TMB Bank's future price predictability will typically decrease when TMB Bank's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TMB Bank PCL often depends not only on the future outlook of the potential TMB Bank'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. TMB Bank's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding96.6 B
Dividends Paid4.4 B

Additional Tools for TMB Pink Sheet Analysis

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