Wacom Co Pink Sheet Forecast - Simple Moving Average
| WACMY Stock | USD 4.38 0.03 0.68% |
Wacom Pink Sheet outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Wacom Co's 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 Wacom Co hype-based prediction, you can estimate the value of Wacom Co Ltd from the perspective of Wacom Co response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Wacom Co Ltd on the next trading day is expected to be 4.38 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.07. Wacom Co after-hype prediction price | USD 4.38 |
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.
Wacom |
Wacom Co Additional Predictive Modules
Most predictive techniques to examine Wacom price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Wacom using various technical indicators. When you analyze Wacom 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 |
Wacom Co Simple Moving Average Price Forecast For the 29th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Wacom Co Ltd on the next trading day is expected to be 4.38 with a mean absolute deviation of 0, mean absolute percentage error of 0.000028, and the sum of the absolute errors of 0.07.Please note that although there have been many attempts to predict Wacom 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 Wacom Co's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wacom Co Pink Sheet Forecast Pattern
| Backtest Wacom Co | Wacom Co Price Prediction | Buy or Sell Advice |
Wacom Co Forecasted Value
In the context of forecasting Wacom Co'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. Wacom Co's downside and upside margins for the forecasting period are 4.28 and 4.48, respectively. We have considered Wacom Co'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 Moving Average forecasting method's relative quality and the estimations of the prediction error of Wacom Co pink sheet data series using in forecasting. Note that when a statistical model is used to represent Wacom Co 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 | 103.935 |
| Bias | Arithmetic mean of the errors | 0.0013 |
| MAD | Mean absolute deviation | 0.0013 |
| MAPE | Mean absolute percentage error | 3.0E-4 |
| SAE | Sum of the absolute errors | 0.075 |
Predictive Modules for Wacom Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wacom Co. 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.Wacom Co After-Hype Price Density Analysis
As far as predicting the price of Wacom Co 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 Wacom Co 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 Wacom Co, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Wacom Co Estimiated After-Hype Price Volatility
In the context of predicting Wacom Co's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Wacom Co's historical news coverage. Wacom Co's after-hype downside and upside margins for the prediction period are 4.28 and 4.48, respectively. We have considered Wacom Co'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
Wacom Co is very steady at this time. Analysis and calculation of next after-hype price of Wacom Co is based on 3 months time horizon.
Wacom Co Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Wacom Co is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Wacom Co 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 Wacom Co, 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 |
0.02 | 0.10 | 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 | |
4.38 | 4.38 | 0.00 |
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Wacom Co Hype Timeline
Wacom Co is at this time traded for 4.38. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Wacom 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 -0.02%. %. The volatility of related hype on Wacom Co is about 84.75%, with the expected price after the next announcement by competition of 4.38. The book value of the company was at this time reported as 273.59. The company last dividend was issued on the 29th of March 2022. Assuming the 90 days horizon the next expected press release will be any time. Check out Historical Fundamental Analysis of Wacom Co to cross-verify your projections.Wacom Co Related Hype Analysis
Having access to credible news sources related to Wacom Co's direct competition is more important than ever and may enhance your ability to predict Wacom Co's future price movements. Getting to know how Wacom Co'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 Wacom Co may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| IGGGF | IGG Inc | 0.00 | 0 per month | 0.00 | (0.20) | 0.00 | 0.00 | 8.93 | |
| SESMF | SSS MicroTec SE | 0.00 | 0 per month | 3.53 | 0.12 | 8.84 | (5.45) | 32.32 | |
| EVTZF | Evertz Technologies Limited | 0.00 | 0 per month | 1.43 | 0.09 | 9.26 | (2.80) | 16.04 | |
| PCPPF | PC Partner Group | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| YHEKF | Yeahka Limited | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 40.00 | |
| VARXF | BOE Varitronix Limited | 0.00 | 0 per month | 0.00 | (0.19) | 0.00 | 0.00 | 4.29 | |
| EVSBY | Evs Broadcast Equipment | (0.59) | 3 per month | 2.06 | (0.01) | 3.48 | (3.36) | 20.91 | |
| NGRRF | Nagarro SE | 0.00 | 0 per month | 2.47 | 0.13 | 4.99 | (5.00) | 42.78 | |
| SWDHF | Skyworth Group Limited | (0.59) | 3 per month | 0.00 | 0.10 | 0.00 | 0.00 | 33.33 | |
| OKIEF | Oki Electric Industry | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Wacom Co
For every potential investor in Wacom, whether a beginner or expert, Wacom Co's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wacom Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wacom. Basic forecasting techniques help filter out the noise by identifying Wacom Co's price trends.Wacom Co 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 Wacom Co pink sheet to make a market-neutral strategy. Peer analysis of Wacom Co could also be used in its relative valuation, which is a method of valuing Wacom Co by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wacom Co Market Strength Events
Market strength indicators help investors to evaluate how Wacom Co 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 Wacom Co shares will generate the highest return on investment. By undertsting and applying Wacom Co pink sheet market strength indicators, traders can identify Wacom Co Ltd entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 4.38 | |||
| Day Typical Price | 4.38 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
Wacom Co Risk Indicators
The analysis of Wacom Co'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 Wacom Co's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wacom 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 | 0.0333 | |||
| Standard Deviation | 0.0998 | |||
| Variance | 0.01 |
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 Wacom Co
The number of cover stories for Wacom Co depends on current market conditions and Wacom Co's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Wacom Co 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 Wacom Co'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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Wacom Co Short Properties
Wacom Co's future price predictability will typically decrease when Wacom Co's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Wacom Co Ltd often depends not only on the future outlook of the potential Wacom Co'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. Wacom Co's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 161.1 M | |
| Cash And Short Term Investments | 21.8 B |
Additional Tools for Wacom Pink Sheet Analysis
When running Wacom Co's price analysis, check to measure Wacom Co'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 Wacom Co is operating at the current time. Most of Wacom Co's value examination focuses on studying past and present price action to predict the probability of Wacom Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wacom Co's price. Additionally, you may evaluate how the addition of Wacom Co to your portfolios can decrease your overall portfolio volatility.