Shengkai Innovations Pink Sheet Forecast - Double Exponential Smoothing
| VALV Stock | USD 0.0001 0.00 0.00% |
The Double Exponential Smoothing forecasted value of Shengkai Innovations on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Shengkai Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Shengkai Innovations' share price is below 20 . This entails 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 Shengkai Innovations hype-based prediction, you can estimate the value of Shengkai Innovations from the perspective of Shengkai Innovations response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Shengkai Innovations on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Shengkai Innovations after-hype prediction price | USD 1.0E-4 |
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.
Shengkai |
Shengkai Innovations Additional Predictive Modules
Most predictive techniques to examine Shengkai price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Shengkai using various technical indicators. When you analyze Shengkai 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Shengkai Innovations Double Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Shengkai Innovations on the next trading day is expected to be 0.0001 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 Shengkai 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 Shengkai Innovations' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Shengkai Innovations Pink Sheet Forecast Pattern
| Backtest Shengkai Innovations | Shengkai Innovations Price Prediction | Buy or Sell Advice |
Shengkai Innovations Forecasted Value
In the context of forecasting Shengkai Innovations' 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. Shengkai Innovations' downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Shengkai Innovations' 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 Shengkai Innovations pink sheet data series using in forecasting. Note that when a statistical model is used to represent Shengkai Innovations 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 Shengkai Innovations
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shengkai Innovations. 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.Shengkai Innovations After-Hype Price Prediction Density Analysis
As far as predicting the price of Shengkai Innovations 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 Shengkai Innovations 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 Shengkai Innovations, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Shengkai Innovations Estimiated After-Hype Price Volatility
In the context of predicting Shengkai Innovations' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Shengkai Innovations' historical news coverage. Shengkai Innovations' after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered Shengkai Innovations' 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
Shengkai Innovations is very steady at this time. Analysis and calculation of next after-hype price of Shengkai Innovations is based on 3 months time horizon.
Shengkai Innovations Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Shengkai Innovations is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shengkai Innovations 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 Shengkai Innovations, 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 | 1 Events / Month | Any time |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.0001 | 0.0001 | 0.00 |
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Shengkai Innovations Hype Timeline
Shengkai Innovations is at this time traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Shengkai is expected 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 expected to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Shengkai Innovations is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company has Price to Book (P/B) ratio of 0.02. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Shengkai Innovations recorded a loss per share of 0.2. The entity had not issued any dividends in recent years. The firm had 1:2 split on the 12th of March 2012. Given the investment horizon of 90 days the next expected press release will be any time. Check out Historical Fundamental Analysis of Shengkai Innovations to cross-verify your projections.Shengkai Innovations Related Hype Analysis
Having access to credible news sources related to Shengkai Innovations' direct competition is more important than ever and may enhance your ability to predict Shengkai Innovations' future price movements. Getting to know how Shengkai Innovations' 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 Shengkai Innovations may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TRITF | Tri Tech Holding | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CIWT | China Industrial Waste | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ATTOF | Atento SA | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 100.00 | |
| WLOLQ | Winland Ocean Shipping | 0.00 | 1 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ASPW | Arista Power | 0.06 | 11 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| KARE | Koala | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 100.00 | |
| AIFM | AIFarm | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| TRUL | Trulite | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AMGY | American Metal Technology | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AFIIQ | Armstrong Flooring | 0.00 | 0 per month | 18.96 | 0.09 | 100.00 | (50.00) | 150.00 |
Other Forecasting Options for Shengkai Innovations
For every potential investor in Shengkai, whether a beginner or expert, Shengkai Innovations' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shengkai Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shengkai. Basic forecasting techniques help filter out the noise by identifying Shengkai Innovations' price trends.Shengkai Innovations 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 Shengkai Innovations pink sheet to make a market-neutral strategy. Peer analysis of Shengkai Innovations could also be used in its relative valuation, which is a method of valuing Shengkai Innovations by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shengkai Innovations Market Strength Events
Market strength indicators help investors to evaluate how Shengkai Innovations 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 Shengkai Innovations shares will generate the highest return on investment. By undertsting and applying Shengkai Innovations pink sheet market strength indicators, traders can identify Shengkai Innovations entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Story Coverage note for Shengkai Innovations
The number of cover stories for Shengkai Innovations depends on current market conditions and Shengkai Innovations' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Shengkai Innovations 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 Shengkai Innovations' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Shengkai Innovations Short Properties
Shengkai Innovations' future price predictability will typically decrease when Shengkai Innovations' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Shengkai Innovations often depends not only on the future outlook of the potential Shengkai Innovations' 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. Shengkai Innovations' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.2 M | |
| Cash And Short Term Investments | 64.8 M |
Additional Tools for Shengkai Pink Sheet Analysis
When running Shengkai Innovations' price analysis, check to measure Shengkai Innovations' 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 Shengkai Innovations is operating at the current time. Most of Shengkai Innovations' value examination focuses on studying past and present price action to predict the probability of Shengkai Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shengkai Innovations' price. Additionally, you may evaluate how the addition of Shengkai Innovations to your portfolios can decrease your overall portfolio volatility.