ZTEST Electronics Pink Sheet Forecast - Naive Prediction

ZTEST Electronics Additional Predictive Modules

Most predictive techniques to examine ZTEST price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ZTEST using various technical indicators. When you analyze ZTEST 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 ZTEST Electronics is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of ZTEST Electronics 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.

ZTEST Electronics Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of ZTEST Electronics on the next trading day is expected to be 0.21 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.64.

ZTEST Electronics Pink Sheet Forecast Pattern

Backtest ZTEST Electronics

ZTEST Electronics Price Prediction

Buy or Sell Advice

ZTEST Electronics Forecasted Value

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 ZTEST Electronics pink sheet data series using in forecasting. Note that when a statistical model is used to represent ZTEST Electronics 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. This model is not at all useful as a medium-long range forecasting tool of ZTEST Electronics. 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 ZTEST Electronics. 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 ZTEST Electronics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZTEST Electronics. 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 Low Estimated High 0.01 0.18 7.89 Details

Intrinsic Valuation Low Real High 0.01 0.17 7.88 Details

Bollinger Band Projection (param) Low Middle High 0.19 0.22 0.25 Details

ZTEST Electronics After-Hype Price Density Analysis

ZTEST Electronics Estimiated After-Hype Price Volatility

ZTEST Electronics Pink Sheet Price Outlook Analysis

Notes

ZTEST Electronics Hype Timeline

ZTEST Electronics is at this time traded for 0.22. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of -0.02. ZTEST is anticipated to decline in value after the next headline, with the price expected to drop to 0.18. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -18.18%, whereas the daily expected return is at this time at 0.62%. The volatility of related hype on ZTEST Electronics is about 20837.84%, with the expected price after the next announcement by competition of 0.20. The company has Price to Book (P/B) ratio of 1.81. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. ZTEST Electronics recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:12 split on the 14th of September 2012. Assuming the 90 days horizon the next anticipated press release will be in about 6 days. Check out Historical Fundamental Analysis of ZTEST Electronics to cross-verify your projections.

ZTEST Electronics Related Hype Analysis

Other Forecasting Options for ZTEST Electronics

For every potential investor in ZTEST, whether a beginner or expert, ZTEST Electronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ZTEST Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ZTEST. Basic forecasting techniques help filter out the noise by identifying ZTEST Electronics' price trends.

ZTEST Electronics Related Equities

Risk & Return

Correlation

ZTEST Electronics Market Strength Events

ZTEST Electronics Risk Indicators

Story Coverage note for ZTEST Electronics

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Other Information on Investing in ZTEST Pink Sheet