China Teletech Pink Sheet Forecast - 8 Period Moving Average
| CNCT Stock | USD 0.0008 0.0007 46.67% |
The 8 Period Moving Average forecasted value of China Teletech Holding on the next trading day is expected to be 0 with a mean absolute deviation of 0.0004 and the sum of the absolute errors of 0.02. China Pink Sheet Forecast is based on your current time horizon.
China |
China Teletech 8 Period Moving Average Price Forecast For the 17th of December 2024
Given 90 days horizon, the 8 Period Moving Average forecasted value of China Teletech Holding on the next trading day is expected to be 0 with a mean absolute deviation of 0.0004, mean absolute percentage error of 0.0000004, and the sum of the absolute errors of 0.02.Please note that although there have been many attempts to predict China 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 China Teletech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
China Teletech Pink Sheet Forecast Pattern
| Backtest China Teletech | China Teletech Price Prediction | Buy or Sell Advice |
China Teletech Forecasted Value
In the context of forecasting China Teletech'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. China Teletech's downside and upside margins for the forecasting period are 0.000008 and 127.14, respectively. We have considered China Teletech'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of China Teletech pink sheet data series using in forecasting. Note that when a statistical model is used to represent China Teletech 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 | 88.6657 |
| Bias | Arithmetic mean of the errors | -1.0E-4 |
| MAD | Mean absolute deviation | 4.0E-4 |
| MAPE | Mean absolute percentage error | 0.2462 |
| SAE | Sum of the absolute errors | 0.0195 |
Predictive Modules for China Teletech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Teletech Holding. 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 China Teletech'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.
Other Forecasting Options for China Teletech
For every potential investor in China, whether a beginner or expert, China Teletech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. China Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in China. Basic forecasting techniques help filter out the noise by identifying China Teletech's price trends.China Teletech 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 China Teletech pink sheet to make a market-neutral strategy. Peer analysis of China Teletech could also be used in its relative valuation, which is a method of valuing China Teletech by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
China Teletech Holding Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of China Teletech's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of China Teletech's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
China Teletech Market Strength Events
Market strength indicators help investors to evaluate how China Teletech 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 China Teletech shares will generate the highest return on investment. By undertsting and applying China Teletech pink sheet market strength indicators, traders can identify China Teletech Holding entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.53 | |||
| Day Median Price | 8.0E-4 | |||
| Day Typical Price | 8.0E-4 | |||
| Price Action Indicator | (0.0003) | |||
| Period Momentum Indicator | (0.0007) |
China Teletech Risk Indicators
The analysis of China Teletech'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 China Teletech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china 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 | 36.19 | |||
| Semi Deviation | 12.07 | |||
| Standard Deviation | 125.2 | |||
| Variance | 15675.0 | |||
| Downside Variance | 1951.27 | |||
| Semi Variance | 145.7 | |||
| Expected Short fall | (253.89) |
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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for China Pink Sheet Analysis
When running China Teletech's price analysis, check to measure China Teletech'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 China Teletech is operating at the current time. Most of China Teletech's value examination focuses on studying past and present price action to predict the probability of China Teletech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Teletech's price. Additionally, you may evaluate how the addition of China Teletech to your portfolios can decrease your overall portfolio volatility.