Demant A/S Pink Sheet Forecast - Simple Moving Average
| WILYY Stock | USD 18.10 0.86 4.99% |
Demant Pink Sheet outlook is based on your current time horizon.
The relative strength index (RSI) of Demant A/S's pink sheet price is slightly above 69. This entails that the pink sheet is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Demant, making its price go up or down. Momentum 69
Buy Stretched
Oversold | Overbought |
Using Demant A/S hype-based prediction, you can estimate the value of Demant AS ADR from the perspective of Demant A/S response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Demant AS ADR on the next trading day is expected to be 18.10 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.93. Demant A/S after-hype prediction price | USD 18.1 |
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.
Demant |
Demant A/S Additional Predictive Modules
Most predictive techniques to examine Demant price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Demant using various technical indicators. When you analyze Demant 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 |
Demant A/S Simple Moving Average Price Forecast For the 28th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Demant AS ADR on the next trading day is expected to be 18.10 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.12, and the sum of the absolute errors of 8.93.Please note that although there have been many attempts to predict Demant 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 Demant A/S's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Demant A/S Pink Sheet Forecast Pattern
| Backtest Demant A/S | Demant A/S Price Prediction | Buy or Sell Advice |
Demant A/S Forecasted Value
In the context of forecasting Demant A/S'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. Demant A/S's downside and upside margins for the forecasting period are 16.28 and 19.92, respectively. We have considered Demant A/S'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 Demant A/S pink sheet data series using in forecasting. Note that when a statistical model is used to represent Demant A/S 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 | 114.1907 |
| Bias | Arithmetic mean of the errors | 0.0143 |
| MAD | Mean absolute deviation | 0.1488 |
| MAPE | Mean absolute percentage error | 0.0088 |
| SAE | Sum of the absolute errors | 8.925 |
Predictive Modules for Demant A/S
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Demant AS ADR. 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 Demant A/S'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.
Demant A/S After-Hype Price Density Analysis
As far as predicting the price of Demant A/S 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 Demant A/S 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 Demant A/S, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Demant A/S Estimiated After-Hype Price Volatility
In the context of predicting Demant A/S's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Demant A/S's historical news coverage. Demant A/S's after-hype downside and upside margins for the prediction period are 16.30 and 19.90, respectively. We have considered Demant A/S'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
Demant A/S is very steady at this time. Analysis and calculation of next after-hype price of Demant AS ADR is based on 3 months time horizon.
Demant A/S Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Demant A/S is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Demant A/S 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 Demant A/S, 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 |
0.04 | 1.82 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Any time |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
18.10 | 18.10 | 0.00 |
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Demant A/S Hype Timeline
Demant AS ADR is at this time traded for 18.10. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Demant 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 -0.04%. %. The volatility of related hype on Demant A/S is about 0.0%, with the expected price after the next announcement by competition of 18.10. The company has Price/Earnings To Growth (PEG) ratio of 1.72. Demant AS ADR had not issued any dividends in recent years. The entity had 2:1 split on the 14th of June 2016. Assuming the 90 days horizon the next anticipated press release will be any time. Check out Historical Fundamental Analysis of Demant A/S to cross-verify your projections.Demant A/S Related Hype Analysis
Having access to credible news sources related to Demant A/S's direct competition is more important than ever and may enhance your ability to predict Demant A/S's future price movements. Getting to know how Demant A/S'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 Demant A/S may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SSMXF | Sysmex | 0.00 | 0 per month | 0.00 | (0.16) | 0.00 | 0.00 | 7.84 | |
| GIFOF | Grifols SA | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SHPMF | Shanghai Pharmaceuticals Holding | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SHTDY | SINOPHARM GROUP LTD | 0.00 | 0 per month | 0.89 | 0.06 | 2.26 | (1.76) | 6.50 | |
| GNGBY | Getinge Industrier AB | 0.00 | 0 per month | 1.33 | (0.05) | 2.30 | (2.12) | 7.42 | |
| MSMKF | Matsumotokiyoshi Holdings Co | 0.00 | 0 per month | 0.00 | (0.02) | 0.00 | 0.00 | 18.13 | |
| ESAIY | Eisai Co | 0.00 | 0 per month | 0.00 | (0.07) | 2.79 | (2.70) | 8.51 | |
| ESALF | Eisai Co | 0.00 | 0 per month | 0.00 | (0.05) | 5.56 | (7.28) | 28.20 | |
| BDUUF | Bangkok Dusit Medical | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SSMXY | Sysmex Corp | 0.00 | 0 per month | 0.00 | (0.17) | 1.96 | (3.66) | 12.08 |
Other Forecasting Options for Demant A/S
For every potential investor in Demant, whether a beginner or expert, Demant A/S's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Demant Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Demant. Basic forecasting techniques help filter out the noise by identifying Demant A/S's price trends.Demant A/S 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 Demant A/S pink sheet to make a market-neutral strategy. Peer analysis of Demant A/S could also be used in its relative valuation, which is a method of valuing Demant A/S by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Demant A/S Market Strength Events
Market strength indicators help investors to evaluate how Demant A/S 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 Demant A/S shares will generate the highest return on investment. By undertsting and applying Demant A/S pink sheet market strength indicators, traders can identify Demant AS ADR entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 18.1 | |||
| Day Typical Price | 18.1 | |||
| Price Action Indicator | 0.43 | |||
| Period Momentum Indicator | 0.86 | |||
| Relative Strength Index | 69.17 |
Demant A/S Risk Indicators
The analysis of Demant A/S'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 Demant A/S's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting demant 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 | 0.5947 | |||
| Standard Deviation | 1.8 | |||
| Variance | 3.25 |
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 Demant A/S
The number of cover stories for Demant A/S depends on current market conditions and Demant A/S's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Demant A/S 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 Demant A/S'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 Demant Pink Sheet Analysis
When running Demant A/S's price analysis, check to measure Demant A/S'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 Demant A/S is operating at the current time. Most of Demant A/S's value examination focuses on studying past and present price action to predict the probability of Demant A/S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Demant A/S's price. Additionally, you may evaluate how the addition of Demant A/S to your portfolios can decrease your overall portfolio volatility.