Pintec Technology Stock Forecast - Simple Regression
| PTDelisted Stock | USD 1.22 0.25 25.77% |
The Simple Regression forecasted value of Pintec Technology Holdings on the next trading day is expected to be 1.01 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.52. Pintec Stock Forecast is based on your current time horizon.
At this time the relative strength indicator of Pintec Technology's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Pintec Technology hype-based prediction, you can estimate the value of Pintec Technology Holdings from the perspective of Pintec Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Pintec Technology Holdings on the next trading day is expected to be 1.01 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.52. Pintec Technology after-hype prediction price | USD 1.24 |
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.
Pintec |
Pintec Technology Additional Predictive Modules
Most predictive techniques to examine Pintec price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pintec using various technical indicators. When you analyze Pintec 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 |
Pintec Technology Simple Regression Price Forecast For the 19th of January
Given 90 days horizon, the Simple Regression forecasted value of Pintec Technology Holdings on the next trading day is expected to be 1.01 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.52.Please note that although there have been many attempts to predict Pintec Stock 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 Pintec Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pintec Technology Stock Forecast Pattern
| Backtest Pintec Technology | Pintec Technology Price Prediction | Buy or Sell Advice |
Pintec Technology Forecasted Value
In the context of forecasting Pintec Technology's Stock 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. Pintec Technology's downside and upside margins for the forecasting period are 0.01 and 5.53, respectively. We have considered Pintec Technology'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 Regression forecasting method's relative quality and the estimations of the prediction error of Pintec Technology stock data series using in forecasting. Note that when a statistical model is used to represent Pintec Technology stock, 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 | 112.3571 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0414 |
| MAPE | Mean absolute percentage error | 0.0408 |
| SAE | Sum of the absolute errors | 2.5229 |
Predictive Modules for Pintec Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pintec Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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 Pintec Technology'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 Pintec Technology
For every potential investor in Pintec, whether a beginner or expert, Pintec Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pintec Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pintec. Basic forecasting techniques help filter out the noise by identifying Pintec Technology's price trends.Pintec Technology 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 Pintec Technology stock to make a market-neutral strategy. Peer analysis of Pintec Technology could also be used in its relative valuation, which is a method of valuing Pintec Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pintec Technology Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Pintec Technology'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 Pintec Technology's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pintec Technology Market Strength Events
Market strength indicators help investors to evaluate how Pintec Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pintec Technology shares will generate the highest return on investment. By undertsting and applying Pintec Technology stock market strength indicators, traders can identify Pintec Technology Holdings entry and exit signals to maximize returns.
Pintec Technology Risk Indicators
The analysis of Pintec Technology'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 Pintec Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pintec stock 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 | 2.81 | |||
| Semi Deviation | 2.2 | |||
| Standard Deviation | 4.57 | |||
| Variance | 20.9 | |||
| Downside Variance | 9.14 | |||
| Semi Variance | 4.82 | |||
| Expected Short fall | (4.63) |
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
Check out Historical Fundamental Analysis of Pintec Technology to cross-verify your projections. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Pintec Stock
If you are still planning to invest in Pintec Technology 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 Pintec Technology's history and understand the potential risks before investing.
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