The Singing Machine Price Prediction

MICSDelisted Stock  USD 0.35  0.05  16.67%   
At this time, the value of RSI of Singing Machine's share price is approaching 36. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Singing Machine, making its price go up or down.

Oversold Vs Overbought

36

 
Oversold
 
Overbought
The successful prediction of Singing Machine's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Singing Machine and does not consider all of the tangible or intangible factors available from Singing Machine's fundamental data. We analyze noise-free headlines and recent hype associated with The Singing Machine, which may create opportunities for some arbitrage if properly timed.
Using Singing Machine hype-based prediction, you can estimate the value of The Singing Machine from the perspective of Singing Machine 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 Singing Machine to buy its stock at a price that has no basis in reality. In that case, they are not buying Singing 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 stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Singing Machine after-hype prediction price

    
  USD 0.37  
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Singing Machine'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.
Intrinsic
Valuation
LowRealHigh
0.020.339.42
Details
Naive
Forecast
LowNextHigh
0.010.319.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.280.330.37
Details

Singing Machine After-Hype Price Prediction Density Analysis

As far as predicting the price of Singing Machine 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 Singing Machine 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 Stock prices, such as prices of Singing Machine, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Singing Machine Estimiated After-Hype Price Volatility

In the context of predicting Singing Machine's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Singing Machine's historical news coverage. Singing Machine's after-hype downside and upside margins for the prediction period are 0.02 and 9.46, respectively. We have considered Singing Machine'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
0.35
0.37
After-hype Price
9.46
Upside
Singing Machine is out of control at this time. Analysis and calculation of next after-hype price of Singing Machine is based on 3 months time horizon.

Singing Machine Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Singing Machine is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Singing Machine 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 Delisted Stock 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 Singing Machine, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.12 
9.09
  0.24 
  0.13 
3 Events / Month
9 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.35
0.37
5.19 
4,329  
Notes

Singing Machine Hype Timeline

Singing Machine is now traded for 0.35. The entity has historical hype elasticity of -0.24, and average elasticity to hype of competition of 0.13. Singing is forecasted to increase in value after the next headline, with the price projected to jump to 0.37 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is projected to be 5.19%, whereas the daily expected return is now at -1.12%. The volatility of related hype on Singing Machine is about 7683.85%, with the expected price after the next announcement by competition of 0.48. The Singing Machine currently holds about 2.98 M in cash with 548 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.96, which can makes it an attractive takeover target, given it will continue generating positive cash flow. Given the investment horizon of 90 days the next forecasted press release will be in about 3 days.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Singing Machine Related Hype Analysis

Having access to credible news sources related to Singing Machine's direct competition is more important than ever and may enhance your ability to predict Singing Machine's future price movements. Getting to know how Singing Machine'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 Singing Machine 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
KOSSKoss Corporation 0.02 3 per month 0.00 (0.10) 5.93 (5.80) 16.66 
MSNEmerson Radio(0.03)10 per month 0.00 (0.09) 6.00 (5.88) 17.16 
WLDSWearable Devices(0.81)7 per month 0.00 (0.20) 7.82 (12.98) 62.28 
ZEPPZepp Health Corp(0.06)7 per month 4.93  0.03  9.00 (8.85) 30.59 
WLDSWWearable Devices(0)4 per month 25.45  0.24  1,158 (35.00) 2,120 
AAPLApple Inc 0.89 5 per month 1.20 (0.05) 1.84 (2.25) 6.62 
SONOSonos Inc(0.07)8 per month 2.41  0.04  4.04 (3.91) 11.24 
UTMEUtime(0.07)6 per month 13.71  0.07  28.86 (15.52) 284.51 
LPLLG Display Co(0.07)11 per month 0.00 (0.16) 2.49 (3.74) 11.29 
GPROGoPro Inc(0.09)10 per month 4.23 (0.01) 5.65 (6.47) 26.69 
SONYSony Group Corp(0.07)8 per month 1.56 (0.04) 2.76 (2.53) 12.94 
VZIOVizio Holding Corp 0.11 8 per month 0.39 (0.24) 0.90 (0.62) 2.34 
UEICUniversal Electronics 1.79 5 per month 2.77  0.06  4.75 (4.88) 34.96 

Singing Machine Additional Predictive Modules

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

The successful prediction of Singing Machine 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 The Singing Machine, 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 Singing Machine based on analysis of Singing Machine hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Singing Machine's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Singing Machine's related companies.

Story Coverage note for Singing Machine

The number of cover stories for Singing Machine depends on current market conditions and Singing Machine's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Singing Machine 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 Singing Machine's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Singing Machine Short Properties

Singing Machine's future price predictability will typically decrease when Singing Machine's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of The Singing Machine often depends not only on the future outlook of the potential Singing Machine's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Singing Machine's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding4.9 M
Cash And Short Term Investments6.7 M
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Consideration for investing in Singing Stock

If you are still planning to invest in Singing Machine check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Singing Machine's history and understand the potential risks before investing.
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