Trican Well Pink Sheet Forward View - Simple Exponential Smoothing
| TOLWF Stock | USD 5.28 0.16 3.13% |
Trican Pink Sheet outlook is based on your current time horizon. We suggest always using this module together with an analysis of Trican Well's historical fundamentals, such as revenue growth or operating cash flow patterns.
The relative strength index (RSI) of Trican Well's pink sheet price is roughly 69. This usually implies that the pink sheet is rather overbought by investors as of 4th of February 2026. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Trican, making its price go up or down. Momentum 69
Buy Stretched
Oversold | Overbought |
Using Trican Well hype-based prediction, you can estimate the value of Trican Well Service from the perspective of Trican Well response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Trican Well Service on the next trading day is expected to be 5.27 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.51. Trican Well after-hype prediction price | USD 0.0 |
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.
Trican |
Trican Well Additional Predictive Modules
Most predictive techniques to examine Trican price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Trican using various technical indicators. When you analyze Trican 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 |
Trican Well Simple Exponential Smoothing Price Forecast For the 5th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Trican Well Service on the next trading day is expected to be 5.27 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.51.Please note that although there have been many attempts to predict Trican Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Trican Well's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Trican Well Pink Sheet Forecast Pattern
| Backtest Trican Well | Trican Well Price Prediction | Research Analysis |
Trican Well Forecasted Value
In the context of forecasting Trican Well'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. Trican Well's downside and upside margins for the forecasting period are 2.39 and 8.16, respectively. We have considered Trican Well'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Trican Well pink sheet data series using in forecasting. Note that when a statistical model is used to represent Trican Well 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 | 113.9465 |
| Bias | Arithmetic mean of the errors | -0.0307 |
| MAD | Mean absolute deviation | 0.0904 |
| MAPE | Mean absolute percentage error | 0.0206 |
| SAE | Sum of the absolute errors | 5.5149 |
Predictive Modules for Trican Well
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trican Well Service. 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 Trican Well'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.
Trican Well After-Hype Price Density Analysis
As far as predicting the price of Trican Well 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 Trican Well 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 Trican Well, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Trican Well Estimiated After-Hype Price Volatility
In the context of predicting Trican Well's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Trican Well's historical news coverage. Trican Well's after-hype downside and upside margins for the prediction period are 0.00 and 2.86, respectively. We have considered Trican Well'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Trican Well is out of control at this time. Analysis and calculation of next after-hype price of Trican Well Service is based on 3 months time horizon.
Trican Well Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Trican Well is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Trican Well 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 Trican Well, 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 |
0.60 | 2.88 | 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 | |
5.28 | 0.00 | 0.00 |
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Trican Well Hype Timeline
Trican Well Service is at this time traded for 5.28. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Trican is anticipated 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 anticipated to be very small, whereas the daily expected return is at this time at 0.6%. %. The volatility of related hype on Trican Well is about 0.0%, with the expected price after the next announcement by competition of 5.28. About 33.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.7. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Trican Well Service last dividend was issued on the 29th of December 2015. The entity had 2:1 split on the 23rd of May 2006. Assuming the 90 days horizon the next anticipated press release will be within a week. Check out Historical Fundamental Analysis of Trican Well to cross-verify your projections.Trican Well Related Hype Analysis
Having access to credible news sources related to Trican Well's direct competition is more important than ever and may enhance your ability to predict Trican Well's future price movements. Getting to know how Trican Well'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 Trican Well may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PSYTF | Pason Systems | 0.00 | 0 per month | 1.91 | 0.03 | 2.49 | (3.63) | 11.18 | |
| HNTIY | Hunting PLC ADR | 0.00 | 0 per month | 0.00 | (0.42) | 0.00 | 0.00 | 1.46 | |
| HNTIF | Hunting PLC | 0.00 | 0 per month | 0.00 | 0.08 | 4.89 | (3.43) | 19.82 | |
| KWTEF | Kiwetinohk Energy Corp | 0.00 | 0 per month | 0.93 | 0.01 | 1.92 | (0.80) | 9.41 | |
| IRPSY | IRPC PCL ADR | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SBOEF | Schoeller Bleckmann Oilfield Equipment | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| RCKHF | Rockhopper Exploration plc | 0.00 | 0 per month | 5.39 | 0.03 | 11.24 | (11.21) | 31.47 | |
| ATONF | Anton Oilfield Services | 0.00 | 0 per month | 0.00 | (0.14) | 0.00 | (7.14) | 23.69 | |
| ATONY | Anton Oilfield Services | 0.00 | 0 per month | 0.00 | (0.08) | 0.00 | 0.00 | 34.61 | |
| KRNGF | Karoon Energy | 0.00 | 0 per month | 0.00 | (0.03) | 2.80 | (0.88) | 18.58 |
Other Forecasting Options for Trican Well
For every potential investor in Trican, whether a beginner or expert, Trican Well's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Trican Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Trican. Basic forecasting techniques help filter out the noise by identifying Trican Well's price trends.Trican Well 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 Trican Well pink sheet to make a market-neutral strategy. Peer analysis of Trican Well could also be used in its relative valuation, which is a method of valuing Trican Well by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Trican Well Market Strength Events
Market strength indicators help investors to evaluate how Trican Well 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 Trican Well shares will generate the highest return on investment. By undertsting and applying Trican Well pink sheet market strength indicators, traders can identify Trican Well Service entry and exit signals to maximize returns.
Trican Well Risk Indicators
The analysis of Trican Well's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Trican Well's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trican pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.94 | |||
| Semi Deviation | 2.53 | |||
| Standard Deviation | 2.83 | |||
| Variance | 8.02 | |||
| Downside Variance | 10.2 | |||
| Semi Variance | 6.42 | |||
| Expected Short fall | (2.08) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Trican Well
The number of cover stories for Trican Well depends on current market conditions and Trican Well's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Trican Well 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 Trican Well'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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Other Information on Investing in Trican Pink Sheet
Trican Well financial ratios help investors to determine whether Trican 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 Trican with respect to the benefits of owning Trican Well security.