Traack Technologies Pink Sheet Forecast - Naive Prediction

TRAADelisted Stock  USD 0.27  0.00  0.00%   
The Naive Prediction forecasted value of Traack Technologies on the next trading day is expected to be 0.21 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.40. Traack Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Traack Technologies stock prices and determine the direction of Traack Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Traack Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the relative strength index (rsi) of Traack Technologies' 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 Traack Technologies' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Traack Technologies, which may create opportunities for some arbitrage if properly timed.
Using Traack Technologies hype-based prediction, you can estimate the value of Traack Technologies from the perspective of Traack Technologies response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Traack Technologies on the next trading day is expected to be 0.21 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.40.

Traack Technologies after-hype prediction price

    
  USD 0.27  
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 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 nation.

Traack Technologies Additional Predictive Modules

Most predictive techniques to examine Traack price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Traack using various technical indicators. When you analyze Traack 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.
A naive forecasting model for Traack Technologies is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Traack Technologies value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Traack Technologies Naive Prediction Price Forecast For the 25th of January

Given 90 days horizon, the Naive Prediction forecasted value of Traack Technologies on the next trading day is expected to be 0.21 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.40.
Please note that although there have been many attempts to predict Traack 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 Traack Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Traack Technologies Pink Sheet Forecast Pattern

Backtest Traack TechnologiesTraack Technologies Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Traack Technologies pink sheet data series using in forecasting. Note that when a statistical model is used to represent Traack Technologies 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 Criteria113.9373
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0885
MAPEMean absolute percentage error0.183
SAESum of the absolute errors5.3981
This model is not at all useful as a medium-long range forecasting tool of Traack Technologies. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Traack Technologies. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Traack Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Traack Technologies. 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
0.270.270.27
Details
Intrinsic
Valuation
LowRealHigh
0.260.260.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Traack Technologies. Your research has to be compared to or analyzed against Traack Technologies' peers to derive any actionable benefits. When done correctly, Traack Technologies' 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 Traack Technologies.

Traack Technologies After-Hype Price Prediction Density Analysis

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

Traack Technologies Estimiated After-Hype Price Volatility

In the context of predicting Traack Technologies' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Traack Technologies' historical news coverage. Traack Technologies' after-hype downside and upside margins for the prediction period are 0.27 and 0.27, respectively. We have considered Traack Technologies' 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
0.27
0.27
After-hype Price
0.27
Upside
Traack Technologies is very steady at this time. Analysis and calculation of next after-hype price of Traack Technologies is based on 3 months time horizon.

Traack Technologies Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Traack Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Traack Technologies 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 Traack Technologies, 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  
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.27
0.27
0.00 
0.00  
Notes

Traack Technologies Hype Timeline

Traack Technologies is at this time traded for 0.27. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Traack 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 Traack Technologies is about 0.0%, with the expected price after the next announcement by competition of 0.27. The company has price-to-book ratio of 0.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Traack Technologies recorded a loss per share of 0.77. The entity last dividend was issued on the 25th of August 2017. The firm had 1:100 split on the 25th of August 2017. Given the investment horizon of 90 days the next forecasted press release will be very soon.
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 nation.

Traack Technologies Related Hype Analysis

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

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

Traack Technologies Market Strength Events

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

Story Coverage note for Traack Technologies

The number of cover stories for Traack Technologies depends on current market conditions and Traack Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Traack Technologies 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 Traack Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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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 nation.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Other Consideration for investing in Traack Pink Sheet

If you are still planning to invest in Traack Technologies 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 Traack Technologies' history and understand the potential risks before investing.
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