Hi-Great Group Pink Sheet Forecast - Triple Exponential Smoothing

HIGR Stock  USD 0.12  0.00  0.00%   
Hi-Great Pink Sheet outlook is based on your current time horizon.
As of today, The relative strength index (RSI) of Hi-Great Group's share price is at 51. This usually indicates that the pink sheet is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Hi-Great Group, making its price go up or down.

Momentum 51

 Impartial

 
Oversold
 
Overbought
The successful prediction of Hi-Great Group'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 Hi-Great Group and does not consider all of the tangible or intangible factors available from Hi-Great Group's fundamental data. We analyze noise-free headlines and recent hype associated with Hi Great Group Holding, which may create opportunities for some arbitrage if properly timed.
Using Hi-Great Group hype-based prediction, you can estimate the value of Hi Great Group Holding from the perspective of Hi-Great Group response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Hi Great Group Holding on the next trading day is expected to be 0.12 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.04.

Hi-Great Group after-hype prediction price

    
  USD 0.12  
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 Historical Fundamental Analysis of Hi-Great Group to cross-verify your projections.

Hi-Great Group Additional Predictive Modules

Most predictive techniques to examine Hi-Great price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hi-Great using various technical indicators. When you analyze Hi-Great 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.
Triple exponential smoothing for Hi-Great Group - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Hi-Great Group prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Hi-Great Group price movement. However, neither of these exponential smoothing models address any seasonality of Hi Great Group.

Hi-Great Group Triple Exponential Smoothing Price Forecast For the 28th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Hi Great Group Holding on the next trading day is expected to be 0.12 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.04.
Please note that although there have been many attempts to predict Hi-Great 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 Hi-Great Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Hi-Great Group Pink Sheet Forecast Pattern

Backtest Hi-Great Group  Hi-Great Group Price Prediction  Buy or Sell Advice  

Hi-Great Group Forecasted Value

In the context of forecasting Hi-Great Group'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. Hi-Great Group's downside and upside margins for the forecasting period are 0 and 98.49, respectively. We have considered Hi-Great Group'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.
Market Value
0.12
0.12
Expected Value
98.49
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Hi-Great Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent Hi-Great Group 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0346
MAPEMean absolute percentage error0.4443
SAESum of the absolute errors2.0385
As with simple exponential smoothing, in triple exponential smoothing models past Hi-Great Group observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Hi Great Group Holding observations.

Predictive Modules for Hi-Great Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hi Great Group. 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
LowEstimatedHigh
0.010.1256.12
Details
Intrinsic
Valuation
LowRealHigh
0.010.1156.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hi-Great Group. Your research has to be compared to or analyzed against Hi-Great Group's peers to derive any actionable benefits. When done correctly, Hi-Great Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hi Great Group.

Hi-Great Group After-Hype Price Density Analysis

As far as predicting the price of Hi-Great Group 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 Hi-Great Group 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 Hi-Great Group, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Hi-Great Group Estimiated After-Hype Price Volatility

In the context of predicting Hi-Great Group's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hi-Great Group's historical news coverage. Hi-Great Group's after-hype downside and upside margins for the prediction period are 0.01 and 56.12, respectively. We have considered Hi-Great Group'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
0.12
0.12
After-hype Price
56.12
Upside
Hi-Great Group is out of control at this time. Analysis and calculation of next after-hype price of Hi Great Group is based on 3 months time horizon.

Hi-Great Group Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Hi-Great Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hi-Great Group 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 Hi-Great Group, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  19.38 
98.37
 0.00  
  0.40 
0 Events / Month
3 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.12
0.12
0.00 
0.00  
Notes

Hi-Great Group Hype Timeline

Hi Great Group is currently traded for 0.12. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.4. Hi-Great is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 19.38%. %. The volatility of related hype on Hi-Great Group is about 471346.43%, with the expected price after the next announcement by competition of -0.28. About 83.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in a few days.
Check out Historical Fundamental Analysis of Hi-Great Group to cross-verify your projections.

Hi-Great Group Related Hype Analysis

Having access to credible news sources related to Hi-Great Group's direct competition is more important than ever and may enhance your ability to predict Hi-Great Group's future price movements. Getting to know how Hi-Great Group'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 Hi-Great Group 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
NPRFFNepra Foods(0.08)6 per month 9.86  0.03  23.61 (20.09) 71.45 
INDFYIndofood Agri Resources 0.00 0 per month 0.00  0.09  0.00  0.00  18.39 
INBPIntegrated Biopharma(0.30)10 per month 2.90  0.05  9.68 (6.45) 24.49 
LNLHFLeanLife Health 0.08 2 per month 0.00  0.00  0.00  0.00  0.00 
HNFSAHanover Foods 0.08 2 per month 0.00  0.08  0.59  0.00  15.56 
BABBBAB Inc 0.00 0 per month 2.64 (0.01) 4.88 (5.15) 19.09 
EWLUMerion Inc 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
NGTFNightFood Holdings(0.07)8 per month 0.00 (0.05) 19.40 (16.67) 64.23 
EXDWExceed World 0.08 2 per month 0.00 (0.14) 0.00  0.00  32.00 
TNYBFThe Tinley Beverage 0.00 8 per month 0.00  0.00  0.00  0.00  0.00 

Other Forecasting Options for Hi-Great Group

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

Hi-Great Group 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 Hi-Great Group pink sheet to make a market-neutral strategy. Peer analysis of Hi-Great Group could also be used in its relative valuation, which is a method of valuing Hi-Great Group by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Hi-Great Group Market Strength Events

Market strength indicators help investors to evaluate how Hi-Great Group 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 Hi-Great Group shares will generate the highest return on investment. By undertsting and applying Hi-Great Group pink sheet market strength indicators, traders can identify Hi Great Group Holding entry and exit signals to maximize returns.

Hi-Great Group Risk Indicators

The analysis of Hi-Great Group'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 Hi-Great Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hi-great 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.
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.

Story Coverage note for Hi-Great Group

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Hi-Great Group Short Properties

Hi-Great Group's future price predictability will typically decrease when Hi-Great Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hi Great Group Holding often depends not only on the future outlook of the potential Hi-Great Group'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. Hi-Great Group's indicators that are reflective of the short sentiment are summarized in the table below.
Cash And Short Term Investments113.2 K
Shares Float17.1 M

Additional Tools for Hi-Great Pink Sheet Analysis

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