QEP OTC Stock Forecast - Simple Exponential Smoothing

QEPC Stock  USD 38.98  0.02  0.05%   
The Simple Exponential Smoothing forecasted value of QEP Co Inc on the next trading day is expected to be 38.98 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 21.80. QEP OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast QEP stock prices and determine the direction of QEP Co Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of QEP's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the value of rsi of QEP's share price is below 20 indicating that the otc 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
QEP Co Inc stock price prediction is an act of determining the future value of QEP shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of QEP'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 QEP and does not consider all of the tangible or intangible factors available from QEP's fundamental data. We analyze noise-free headlines and recent hype associated with QEP Co Inc, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of QEP based on different types of headlines from major news networks to social media. Using QEP hype-based prediction, you can estimate the value of QEP Co Inc from the perspective of QEP response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of QEP Co Inc on the next trading day is expected to be 38.98 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 21.80.

QEP after-hype prediction price

    
  USD 38.97  
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of QEP to cross-verify your projections.

QEP Additional Predictive Modules

Most predictive techniques to examine QEP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for QEP using various technical indicators. When you analyze QEP 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.
QEP simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for QEP Co Inc are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as QEP Co Inc prices get older.

QEP Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of QEP Co Inc on the next trading day is expected to be 38.98 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.38, and the sum of the absolute errors of 21.80.
Please note that although there have been many attempts to predict QEP OTC 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 QEP's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

QEP OTC Stock Forecast Pattern

Backtest QEPQEP Price PredictionBuy or Sell Advice 

QEP Forecasted Value

In the context of forecasting QEP's OTC 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. QEP's downside and upside margins for the forecasting period are 37.31 and 40.65, respectively. We have considered QEP'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
38.98
38.98
Expected Value
40.65
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of QEP otc stock data series using in forecasting. Note that when a statistical model is used to represent QEP otc 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.
AICAkaike Information Criteria115.2967
BiasArithmetic mean of the errors -0.0035
MADMean absolute deviation0.3634
MAPEMean absolute percentage error0.0097
SAESum of the absolute errors21.8048
This simple exponential smoothing model begins by setting QEP Co Inc forecast for the second period equal to the observation of the first period. In other words, recent QEP observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for QEP

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as QEP Co Inc. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.
Hype
Prediction
LowEstimatedHigh
37.2938.9740.65
Details
Intrinsic
Valuation
LowRealHigh
36.4738.1539.83
Details
Bollinger
Band Projection (param)
LowMiddleHigh
34.8837.0939.30
Details

QEP After-Hype Price Prediction Density Analysis

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

QEP Estimiated After-Hype Price Volatility

In the context of predicting QEP's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on QEP's historical news coverage. QEP's after-hype downside and upside margins for the prediction period are 37.29 and 40.65, respectively. We have considered QEP'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
38.98
38.97
After-hype Price
40.65
Upside
QEP is very steady at this time. Analysis and calculation of next after-hype price of QEP Co Inc is based on 3 months time horizon.

QEP OTC Stock Price Prediction Analysis

Have you ever been surprised when a price of a OTC Stock such as QEP is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading QEP 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 OTC 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 QEP, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
1.67
 0.00  
 0.00  
0 Events / Month
2 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
38.98
38.97
0.03 
0.00  
Notes

QEP Hype Timeline

QEP Co Inc is at this time traded for 38.98. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. QEP is projected to decline in value after the next headline, with the price expected to drop to 38.97. The average volatility of media hype impact on the company price is insignificant. The price decrease on the next news is expected to be -0.03%, whereas the daily expected return is at this time at 0.02%. The volatility of related hype on QEP is about 4911.76%, with the expected price after the next announcement by competition of 38.98. The company has price-to-book ratio of 0.59. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. QEP Co Inc last dividend was issued on the 13th of July 2021. The entity had 5:4 split on the 2nd of August 2000. Given the investment horizon of 90 days the next projected press release will be within a week.
Check out Historical Fundamental Analysis of QEP to cross-verify your projections.

QEP Related Hype Analysis

Having access to credible news sources related to QEP's direct competition is more important than ever and may enhance your ability to predict QEP's future price movements. Getting to know how QEP'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 QEP may potentially react to the hype associated with one of its peers.

Other Forecasting Options for QEP

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

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

QEP Market Strength Events

Market strength indicators help investors to evaluate how QEP otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading QEP shares will generate the highest return on investment. By undertsting and applying QEP otc stock market strength indicators, traders can identify QEP Co Inc entry and exit signals to maximize returns.

QEP Risk Indicators

The analysis of QEP'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 QEP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qep otc 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.
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 QEP

The number of cover stories for QEP depends on current market conditions and QEP's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that QEP 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 QEP'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

QEP Short Properties

QEP's future price predictability will typically decrease when QEP's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of QEP Co Inc often depends not only on the future outlook of the potential QEP'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. QEP's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3.3 M
Dividends Paid165 K
Short Long Term Debt27.8 M

Other Information on Investing in QEP OTC Stock

QEP financial ratios help investors to determine whether QEP OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in QEP with respect to the benefits of owning QEP security.