Schmitt Industries Stock Price Patterns

SMIT Stock  USD 0.02  0.00  0.00%   
The relative strength index (RSI) of Schmitt Industries' pink sheet price is slightly above 66. This usually implies 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 Schmitt, making its price go up or down.

Momentum 66

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Schmitt Industries' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Schmitt Industries, which may create opportunities for some arbitrage if properly timed.
Using Schmitt Industries hype-based prediction, you can estimate the value of Schmitt Industries from the perspective of Schmitt Industries response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Schmitt Industries to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Schmitt because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Schmitt Industries after-hype prediction price

    
  USD 0.02  
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.
  
Check out Schmitt Industries Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.000.024.49
Details
Naive
Forecast
LowNextHigh
0.00030.024.48
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.020.020.02
Details

Schmitt Industries After-Hype Price Density Analysis

As far as predicting the price of Schmitt Industries 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 Schmitt Industries 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 Schmitt Industries, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Schmitt Industries Estimiated After-Hype Price Volatility

In the context of predicting Schmitt Industries' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Schmitt Industries' historical news coverage. Schmitt Industries' after-hype downside and upside margins for the prediction period are 0.00 and 4.49, respectively. We have considered Schmitt Industries' 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
0.02
0.02
After-hype Price
4.49
Upside
Schmitt Industries is out of control at this time. Analysis and calculation of next after-hype price of Schmitt Industries is based on 3 months time horizon.

Schmitt Industries Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Schmitt Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Schmitt Industries 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 Schmitt Industries, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.34 
4.47
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.02
0.02
12.99 
0.00  
Notes

Schmitt Industries Hype Timeline

Schmitt Industries is at this time traded for 0.02. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Schmitt is forecasted to increase in value after the next headline, with the price projected to jump to 0.02 or above. The average volatility of media hype impact on the company the price is insignificant. The price appreciation on the next news is estimated to be 12.99%, whereas the daily expected return is at this time at 0.34%. The volatility of related hype on Schmitt Industries is about 1.1175E7%, with the expected price after the next announcement by competition of 0.02. Schmitt Industries currently holds 2.5 M in liabilities. Schmitt Industries has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Schmitt Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Schmitt Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Schmitt Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Schmitt to invest in growth at high rates of return. When we think about Schmitt Industries' use of debt, we should always consider it together with cash and equity.Given the investment horizon of 90 days the next forecasted press release will be within a week.
Check out Schmitt Industries Basic Forecasting Models to cross-verify your projections.

Schmitt Industries Related Hype Analysis

Having access to credible news sources related to Schmitt Industries' direct competition is more important than ever and may enhance your ability to predict Schmitt Industries' future price movements. Getting to know how Schmitt Industries' 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 Schmitt Industries may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CSGHChina Sun Grp 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
COUVCorporate Universe 0.00 0 per month 0.00  0.12  0.00  0.00  3,297 
EFOTeFotoXpress 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
VYGVQVoyager Digital 0.00 0 per month 26.48  0.18  100.00 (50.00) 793.75 
MVLAMovella Holdings(0.0004)3 per month 22.68  0.21  200.00 (66.67) 991.30 
STTTFSplitit Payments 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
CYPJCyber Operations 0.00 3 per month 0.00  0.00  0.00  0.00  0.00 
XALLXalles Holdings 0.00 0 per month 8.25  0.07  16.67 (16.67) 45.24 
PKLBFPerk Labs 0.00 0 per month 0.00  0.05  0.00  0.00  100.00 
CPWYClean Energy Pathway 0.00 0 per month 0.00 (0.13) 0.00  0.00  50.00 

Schmitt Industries Additional Predictive Modules

Most predictive techniques to examine Schmitt price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Schmitt using various technical indicators. When you analyze Schmitt 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.

About Schmitt Industries Predictive Indicators

The successful prediction of Schmitt Industries stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Schmitt Industries, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Schmitt Industries based on analysis of Schmitt Industries hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Schmitt Industries's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Schmitt Industries's related companies.

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Additional Tools for Schmitt Pink Sheet Analysis

When running Schmitt Industries' price analysis, check to measure Schmitt Industries' 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 Schmitt Industries is operating at the current time. Most of Schmitt Industries' value examination focuses on studying past and present price action to predict the probability of Schmitt Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schmitt Industries' price. Additionally, you may evaluate how the addition of Schmitt Industries to your portfolios can decrease your overall portfolio volatility.