Spirax-Sarco Engineering Pink Sheet Forward View
| SPXSY Stock | USD 49.69 0.32 0.64% |
Spirax-Sarco Pink Sheet outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Spirax-Sarco Engineering's share price is at 59. This usually implies 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 Spirax-Sarco Engineering, making its price go up or down. Momentum 59
Buy Extended
Oversold | Overbought |
Using Spirax-Sarco Engineering hype-based prediction, you can estimate the value of Spirax Sarco Engineering PLC from the perspective of Spirax-Sarco Engineering response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Spirax Sarco Engineering PLC on the next trading day is expected to be 50.57 with a mean absolute deviation of 0.52 and the sum of the absolute errors of 31.71. Spirax-Sarco Engineering after-hype prediction price | USD 49.69 |
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.
Spirax-Sarco |
Spirax-Sarco Engineering Additional Predictive Modules
Most predictive techniques to examine Spirax-Sarco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Spirax-Sarco using various technical indicators. When you analyze Spirax-Sarco 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 |
Spirax-Sarco Engineering Naive Prediction Price Forecast For the 2nd of February
Given 90 days horizon, the Naive Prediction forecasted value of Spirax Sarco Engineering PLC on the next trading day is expected to be 50.57 with a mean absolute deviation of 0.52, mean absolute percentage error of 0.44, and the sum of the absolute errors of 31.71.Please note that although there have been many attempts to predict Spirax-Sarco 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 Spirax-Sarco Engineering's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Spirax-Sarco Engineering Pink Sheet Forecast Pattern
| Backtest Spirax-Sarco Engineering | Spirax-Sarco Engineering Price Prediction | Buy or Sell Advice |
Spirax-Sarco Engineering Forecasted Value
In the context of forecasting Spirax-Sarco Engineering'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. Spirax-Sarco Engineering's downside and upside margins for the forecasting period are 49.00 and 52.14, respectively. We have considered Spirax-Sarco Engineering'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Spirax-Sarco Engineering pink sheet data series using in forecasting. Note that when a statistical model is used to represent Spirax-Sarco Engineering 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 | 117.3007 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5199 |
| MAPE | Mean absolute percentage error | 0.0112 |
| SAE | Sum of the absolute errors | 31.7135 |
Predictive Modules for Spirax-Sarco Engineering
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spirax-Sarco Engineering. 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 Spirax-Sarco Engineering'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.
Spirax-Sarco Engineering After-Hype Price Density Analysis
As far as predicting the price of Spirax-Sarco Engineering 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 Spirax-Sarco Engineering 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 Spirax-Sarco Engineering, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Spirax-Sarco Engineering Estimiated After-Hype Price Volatility
In the context of predicting Spirax-Sarco Engineering's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Spirax-Sarco Engineering's historical news coverage. Spirax-Sarco Engineering's after-hype downside and upside margins for the prediction period are 48.12 and 51.26, respectively. We have considered Spirax-Sarco Engineering'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
Spirax-Sarco Engineering is very steady at this time. Analysis and calculation of next after-hype price of Spirax-Sarco Engineering is based on 3 months time horizon.
Spirax-Sarco Engineering Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Spirax-Sarco Engineering is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Spirax-Sarco Engineering 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 Spirax-Sarco Engineering, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.11 | 1.57 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
49.69 | 49.69 | 0.00 |
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Spirax-Sarco Engineering Hype Timeline
Spirax-Sarco Engineering is at this time traded for 49.69. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Spirax-Sarco is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.11%. %. The volatility of related hype on Spirax-Sarco Engineering is about 0.0%, with the expected price after the next announcement by competition of 49.69. The company last dividend was issued on the 13th of October 2022. Assuming the 90 days horizon the next projected press release will be within a week. Check out Historical Fundamental Analysis of Spirax-Sarco Engineering to cross-verify your projections.Spirax-Sarco Engineering Related Hype Analysis
Having access to credible news sources related to Spirax-Sarco Engineering's direct competition is more important than ever and may enhance your ability to predict Spirax-Sarco Engineering's future price movements. Getting to know how Spirax-Sarco Engineering'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 Spirax-Sarco Engineering may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| VLMTY | Valmet Oyj | 0.00 | 0 per month | 0.00 | (0.15) | 0.00 | 0.00 | 11.11 | |
| VOYJF | Valmet Oyj | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBCOF | Ebara | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| IMIAF | IMI Plc | 0.00 | 0 per month | 0.00 | 0.21 | 2.67 | 0.00 | 6.34 | |
| XJNGF | Xinjiang Goldwind Science | 0.00 | 0 per month | 2.11 | 0.08 | 8.57 | (4.52) | 24.26 | |
| SULZF | Sulzer | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 5.99 | |
| FCHRF | Georg Fischer AG | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| NRDXF | Nordex SE | 0.00 | 0 per month | 0.00 | 0.19 | 4.75 | (0.25) | 19.96 | |
| YOKEY | Yokogawa Electric Corp | 0.00 | 0 per month | 0.00 | 0.07 | 2.66 | (2.10) | 10.45 | |
| RATIY | RATIONAL Aktiengesellschaft | 0.00 | 0 per month | 0.00 | (0.12) | 0.00 | 0.00 | 15.34 |
Other Forecasting Options for Spirax-Sarco Engineering
For every potential investor in Spirax-Sarco, whether a beginner or expert, Spirax-Sarco Engineering's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Spirax-Sarco Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Spirax-Sarco. Basic forecasting techniques help filter out the noise by identifying Spirax-Sarco Engineering's price trends.Spirax-Sarco Engineering 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 Spirax-Sarco Engineering pink sheet to make a market-neutral strategy. Peer analysis of Spirax-Sarco Engineering could also be used in its relative valuation, which is a method of valuing Spirax-Sarco Engineering by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Spirax-Sarco Engineering Market Strength Events
Market strength indicators help investors to evaluate how Spirax-Sarco Engineering 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 Spirax-Sarco Engineering shares will generate the highest return on investment. By undertsting and applying Spirax-Sarco Engineering pink sheet market strength indicators, traders can identify Spirax Sarco Engineering PLC entry and exit signals to maximize returns.
Spirax-Sarco Engineering Risk Indicators
The analysis of Spirax-Sarco Engineering'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 Spirax-Sarco Engineering's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting spirax-sarco 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 | 1.2 | |||
| Semi Deviation | 1.55 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.4 | |||
| Downside Variance | 2.98 | |||
| Semi Variance | 2.4 | |||
| Expected Short fall | (1.13) |
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 Spirax-Sarco Engineering
The number of cover stories for Spirax-Sarco Engineering depends on current market conditions and Spirax-Sarco Engineering's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Spirax-Sarco Engineering 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 Spirax-Sarco Engineering's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Spirax-Sarco Pink Sheet Analysis
When running Spirax-Sarco Engineering's price analysis, check to measure Spirax-Sarco Engineering'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 Spirax-Sarco Engineering is operating at the current time. Most of Spirax-Sarco Engineering's value examination focuses on studying past and present price action to predict the probability of Spirax-Sarco Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirax-Sarco Engineering's price. Additionally, you may evaluate how the addition of Spirax-Sarco Engineering to your portfolios can decrease your overall portfolio volatility.