Armada Mercantile Pink Sheet Forecast - Double Exponential Smoothing
AAMTF Stock | USD 0.25 0.05 16.67% |
The Double Exponential Smoothing forecasted value of Armada Mercantile on the next trading day is expected to be 0.25 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.19. Armada Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Armada Mercantile's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Armada Mercantile Double Exponential Smoothing Price Forecast For the 24th of November
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Armada Mercantile on the next trading day is expected to be 0.25 with a mean absolute deviation of 0, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.19.Please note that although there have been many attempts to predict Armada 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 Armada Mercantile's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Armada Mercantile Pink Sheet Forecast Pattern
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Armada Mercantile Forecasted Value
In the context of forecasting Armada Mercantile'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. Armada Mercantile's downside and upside margins for the forecasting period are 0 and 4.45, respectively. We have considered Armada Mercantile'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 Armada Mercantile pink sheet data series using in forecasting. Note that when a statistical model is used to represent Armada Mercantile 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 | 0.0012 |
MAD | Mean absolute deviation | 0.0032 |
MAPE | Mean absolute percentage error | 0.0122 |
SAE | Sum of the absolute errors | 0.19 |
Predictive Modules for Armada Mercantile
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Armada Mercantile. 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 Armada Mercantile'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 Armada Mercantile
For every potential investor in Armada, whether a beginner or expert, Armada Mercantile's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Armada Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Armada. Basic forecasting techniques help filter out the noise by identifying Armada Mercantile's price trends.Armada Mercantile 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 Armada Mercantile pink sheet to make a market-neutral strategy. Peer analysis of Armada Mercantile could also be used in its relative valuation, which is a method of valuing Armada Mercantile by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Armada Mercantile Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Armada Mercantile'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 Armada Mercantile's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Armada Mercantile Market Strength Events
Market strength indicators help investors to evaluate how Armada Mercantile 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 Armada Mercantile shares will generate the highest return on investment. By undertsting and applying Armada Mercantile pink sheet market strength indicators, traders can identify Armada Mercantile entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.83 | |||
Day Median Price | 0.25 | |||
Day Typical Price | 0.25 | |||
Price Action Indicator | (0.03) | |||
Period Momentum Indicator | (0.05) |
Armada Mercantile Risk Indicators
The analysis of Armada Mercantile'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 Armada Mercantile's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting armada 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 | 1.28 | |||
Standard Deviation | 4.17 | |||
Variance | 17.37 |
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.
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Other Information on Investing in Armada Pink Sheet
Armada Mercantile financial ratios help investors to determine whether Armada Pink Sheet 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 Armada with respect to the benefits of owning Armada Mercantile security.