Western Capital OTC Stock Forecast - Simple Exponential Smoothing
| WCRS Stock | USD 16.05 0.00 0.00% |
Western OTC Stock outlook is based on your current time horizon.
At this time The value of RSI of Western Capital's share price is above 80 . This entails that the otc stock is significantly overbought by investors. 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 49
Impartial
Oversold | Overbought |
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Western Capital based on different types of headlines from major news networks to social media. Using Western Capital hype-based prediction, you can estimate the value of Western Capital Resources from the perspective of Western Capital response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Western Capital Resources on the next trading day is expected to be 16.05 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.89. Western Capital after-hype prediction price | USD 10.61 |
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Western |
Western Capital Additional Predictive Modules
Most predictive techniques to examine Western price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Western using various technical indicators. When you analyze Western 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 |
Western Capital Simple Exponential Smoothing Price Forecast For the 27th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Western Capital Resources on the next trading day is expected to be 16.05 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.07, and the sum of the absolute errors of 2.89.Please note that although there have been many attempts to predict Western OTC Stock 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 Western Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Western Capital OTC Stock Forecast Pattern
| Backtest Western Capital | Western Capital Price Prediction | Buy or Sell Advice |
Western Capital Forecasted Value
In the context of forecasting Western Capital's OTC Stock 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. Western Capital's downside and upside margins for the forecasting period are 14.07 and 18.03, respectively. We have considered Western Capital'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 Western Capital otc stock data series using in forecasting. Note that when a statistical model is used to represent Western Capital otc stock, 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 | 113.6652 |
| Bias | Arithmetic mean of the errors | -0.0475 |
| MAD | Mean absolute deviation | 0.0482 |
| MAPE | Mean absolute percentage error | 0.0031 |
| SAE | Sum of the absolute errors | 2.89 |
Predictive Modules for Western Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Western Capital Resources. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock 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.Western Capital After-Hype Price Density Analysis
As far as predicting the price of Western Capital 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 Western Capital 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 OTC Stock prices, such as prices of Western Capital, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Western Capital Estimiated After-Hype Price Volatility
In the context of predicting Western Capital's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Western Capital's historical news coverage. Western Capital's after-hype downside and upside margins for the prediction period are 8.63 and 17.66, respectively. We have considered Western Capital'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
Western Capital is not too volatile at this time. Analysis and calculation of next after-hype price of Western Capital Resources is based on 3 months time horizon.
Western Capital OTC Stock Price Outlook Analysis
Have you ever been surprised when a price of a OTC Stock such as Western Capital is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Western Capital 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 OTC 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 Western Capital, 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 |
0.34 | 1.98 | 5.44 | 0.15 | 1 Events / Month | 2 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
16.05 | 10.61 | 33.89 |
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Western Capital Hype Timeline
Western Capital Resources is at this time traded for 16.05. The entity has historical hype elasticity of -5.44, and average elasticity to hype of competition of -0.15. Western is projected to decline in value after the next headline, with the price expected to drop to 10.61. The average volatility of media hype impact on the company price is about 12.38%. The price decrease on the next news is expected to be -33.89%, whereas the daily expected return is at this time at 0.34%. The volatility of related hype on Western Capital is about 461.55%, with the expected price after the next announcement by competition of 15.90. About 78.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.53. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Western Capital Resources last dividend was issued on the 18th of November 2022. The entity had 99:100 split on the 9th of September 2016. Given the investment horizon of 90 days the next projected press release will be very soon. Check out Historical Fundamental Analysis of Western Capital to cross-verify your projections.Western Capital Related Hype Analysis
Having access to credible news sources related to Western Capital's direct competition is more important than ever and may enhance your ability to predict Western Capital's future price movements. Getting to know how Western Capital'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 Western Capital may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AHAHF | Design Milk Co | 0.00 | 19 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ACEHF | PT Ace Hardware | 0.00 | 0 per month | 0.00 | 0.09 | 0.00 | 0.00 | 306.31 | |
| PDSSF | Paradise Entertainment Limited | 0.00 | 1 per month | 0.00 | 0.07 | 0.00 | 0.00 | 163.64 | |
| KCKSF | Keck Seng Investments | 0.00 | 0 per month | 0.00 | (0.17) | 0.00 | 0.00 | 12.50 | |
| WTWGF | Westwing Group AG | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| HKTVY | Hong Kong Television | (3.75) | 2 per month | 0.00 | (0.11) | 3.47 | (2.67) | 23.63 | |
| YUMSF | Demaecan Co | 0.00 | 2 per month | 0.00 | (0.21) | 0.00 | 0.00 | 10.38 | |
| HOCXF | Hoteles City Express | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| IGDFF | IG Design Group | (0.54) | 10 per month | 0.00 | (0.24) | 0.00 | 0.00 | 8.45 | |
| SCTH | SecureTech Innovations | 0.00 | 3 per month | 0.00 | 0.08 | 0.20 | (0.20) | 30.47 |
Other Forecasting Options for Western Capital
For every potential investor in Western, whether a beginner or expert, Western Capital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Western OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Western. Basic forecasting techniques help filter out the noise by identifying Western Capital's price trends.Western Capital 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 Western Capital otc stock to make a market-neutral strategy. Peer analysis of Western Capital could also be used in its relative valuation, which is a method of valuing Western Capital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Western Capital Market Strength Events
Market strength indicators help investors to evaluate how Western Capital otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Capital shares will generate the highest return on investment. By undertsting and applying Western Capital otc stock market strength indicators, traders can identify Western Capital Resources entry and exit signals to maximize returns.
Western Capital Risk Indicators
The analysis of Western Capital'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 Western Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting western otc stock 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 | 0.6101 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.98 |
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 Western Capital
The number of cover stories for Western Capital depends on current market conditions and Western Capital's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Western Capital 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 Western Capital'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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Additional Tools for Western OTC Stock Analysis
When running Western Capital's price analysis, check to measure Western Capital'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 Western Capital is operating at the current time. Most of Western Capital's value examination focuses on studying past and present price action to predict the probability of Western Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Capital's price. Additionally, you may evaluate how the addition of Western Capital to your portfolios can decrease your overall portfolio volatility.