Veolia Environnement Pink Sheet Forward View - Double Exponential Smoothing
| VEOEY Stock | USD 18.89 0.09 0.48% |
Veolia Pink Sheet outlook is based on your current time horizon.
The relative strength index (RSI) of Veolia Environnement's pink sheet price is slightly above 66. This entails that the pink sheet is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Veolia, making its price go up or down. Momentum 66
Buy Stretched
Oversold | Overbought |
Using Veolia Environnement hype-based prediction, you can estimate the value of Veolia Environnement SA from the perspective of Veolia Environnement response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Veolia Environnement SA on the next trading day is expected to be 19.00 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.22. Veolia Environnement after-hype prediction price | USD 18.89 |
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.
Veolia |
Veolia Environnement Additional Predictive Modules
Most predictive techniques to examine Veolia price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Veolia using various technical indicators. When you analyze Veolia 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 |
Veolia Environnement Double Exponential Smoothing Price Forecast For the 2nd of February
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Veolia Environnement SA on the next trading day is expected to be 19.00 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.22.Please note that although there have been many attempts to predict Veolia 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 Veolia Environnement's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Veolia Environnement Pink Sheet Forecast Pattern
| Backtest Veolia Environnement | Veolia Environnement Price Prediction | Buy or Sell Advice |
Veolia Environnement Forecasted Value
In the context of forecasting Veolia Environnement'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. Veolia Environnement's downside and upside margins for the forecasting period are 17.82 and 20.19, respectively. We have considered Veolia Environnement'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Veolia Environnement pink sheet data series using in forecasting. Note that when a statistical model is used to represent Veolia Environnement 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0148 |
| MAD | Mean absolute deviation | 0.1732 |
| MAPE | Mean absolute percentage error | 0.01 |
| SAE | Sum of the absolute errors | 10.2177 |
Predictive Modules for Veolia Environnement
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Veolia Environnement. 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 Veolia Environnement'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.
Veolia Environnement After-Hype Price Density Analysis
As far as predicting the price of Veolia Environnement 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 Veolia Environnement 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 Veolia Environnement, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Veolia Environnement Estimiated After-Hype Price Volatility
In the context of predicting Veolia Environnement's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Veolia Environnement's historical news coverage. Veolia Environnement's after-hype downside and upside margins for the prediction period are 17.70 and 20.08, respectively. We have considered Veolia Environnement'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
Veolia Environnement is very steady at this time. Analysis and calculation of next after-hype price of Veolia Environnement is based on 3 months time horizon.
Veolia Environnement Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Veolia Environnement is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Veolia Environnement 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 Veolia Environnement, 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 |
0.23 | 1.19 | 0.00 | 0.10 | 0 Events / Month | 1 Events / Month | Any time |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
18.89 | 18.89 | 0.00 |
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Veolia Environnement Hype Timeline
Veolia Environnement is at this time traded for 18.89. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.1. Veolia 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 at this time at 0.23%. %. The volatility of related hype on Veolia Environnement is about 275.46%, with the expected price after the next announcement by competition of 18.79. The company has Price to Book (P/B) ratio of 1.41. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Veolia Environnement has Price/Earnings To Growth (PEG) ratio of 1.61. The entity last dividend was issued on the 7th of July 2022. Assuming the 90 days horizon the next forecasted press release will be any time. Check out Historical Fundamental Analysis of Veolia Environnement to cross-verify your projections.Veolia Environnement Related Hype Analysis
Having access to credible news sources related to Veolia Environnement's direct competition is more important than ever and may enhance your ability to predict Veolia Environnement's future price movements. Getting to know how Veolia Environnement'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 Veolia Environnement may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SKFRY | AB SKF | (1.44) | 8 per month | 0.00 | (0.02) | 3.01 | (4.04) | 11.59 | |
| ACXIF | Acciona SA | 0.00 | 0 per month | 0.00 | (0.03) | 3.52 | (4.85) | 17.54 | |
| OBYCF | Obayashi | (1.44) | 15 per month | 1.49 | 0.16 | 5.10 | (3.51) | 16.68 | |
| KPELF | Keppel Limited | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | (0.13) | 23.76 | |
| EFGSY | Eiffage SA ADR | 0.00 | 0 per month | 2.02 | 0.12 | 3.65 | (3.22) | 13.40 | |
| EBCOY | Ebara Corp ADR | 0.00 | 0 per month | 2.77 | 0.06 | 5.93 | (4.05) | 13.18 | |
| EFGSF | Eiffage SA | 0.00 | 0 per month | 0.00 | 0.08 | 0.00 | 0.00 | 8.47 | |
| SKBSY | Skanska AB ser | (1.44) | 13 per month | 1.64 | 0.05 | 2.63 | (3.09) | 7.45 | |
| ZLIOF | Zoomlion Heavy Industry | 0.00 | 0 per month | 0.00 | 0.06 | 5.26 | 0.00 | 66.00 | |
| GEAGF | GEA Group Aktiengesellschaft | 0.00 | 0 per month | 0.00 | (0.08) | 0.00 | (1.53) | 13.69 |
Other Forecasting Options for Veolia Environnement
For every potential investor in Veolia, whether a beginner or expert, Veolia Environnement's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Veolia Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Veolia. Basic forecasting techniques help filter out the noise by identifying Veolia Environnement's price trends.Veolia Environnement 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 Veolia Environnement pink sheet to make a market-neutral strategy. Peer analysis of Veolia Environnement could also be used in its relative valuation, which is a method of valuing Veolia Environnement by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Veolia Environnement Market Strength Events
Market strength indicators help investors to evaluate how Veolia Environnement 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 Veolia Environnement shares will generate the highest return on investment. By undertsting and applying Veolia Environnement pink sheet market strength indicators, traders can identify Veolia Environnement SA entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.89 | |||
| Day Typical Price | 18.89 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.09 | |||
| Relative Strength Index | 66.99 |
Veolia Environnement Risk Indicators
The analysis of Veolia Environnement'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 Veolia Environnement's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting veolia 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 | 0.9218 | |||
| Semi Deviation | 0.8762 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.44 | |||
| Downside Variance | 1.25 | |||
| Semi Variance | 0.7677 | |||
| Expected Short fall | (1.10) |
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 Veolia Environnement
The number of cover stories for Veolia Environnement depends on current market conditions and Veolia Environnement's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Veolia Environnement 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 Veolia Environnement'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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Veolia Environnement Short Properties
Veolia Environnement's future price predictability will typically decrease when Veolia Environnement's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Veolia Environnement SA often depends not only on the future outlook of the potential Veolia Environnement'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. Veolia Environnement's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 601.4 M | |
| Cash And Short Term Investments | 12 B |
Additional Tools for Veolia Pink Sheet Analysis
When running Veolia Environnement's price analysis, check to measure Veolia Environnement'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 Veolia Environnement is operating at the current time. Most of Veolia Environnement's value examination focuses on studying past and present price action to predict the probability of Veolia Environnement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veolia Environnement's price. Additionally, you may evaluate how the addition of Veolia Environnement to your portfolios can decrease your overall portfolio volatility.