Acorn Energy OTC Stock Forecast - Triple Exponential Smoothing

ACFN Stock  USD 18.88  0.75  4.14%   
The Triple Exponential Smoothing forecasted value of Acorn Energy Common on the next trading day is expected to be 18.92 with a mean absolute deviation of 0.83 and the sum of the absolute errors of 49.99. Acorn OTC Stock Forecast is based on your current time horizon.
As of today the value of rsi of Acorn Energy's share price is below 20 . This suggests 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
Acorn Energy Common stock price prediction is an act of determining the future value of Acorn Energy shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Acorn Energy'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 Acorn Energy and does not consider all of the tangible or intangible factors available from Acorn Energy's fundamental data. We analyze noise-free headlines and recent hype associated with Acorn Energy Common, 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 Acorn Energy based on different types of headlines from major news networks to social media. Using Acorn Energy hype-based prediction, you can estimate the value of Acorn Energy Common from the perspective of Acorn Energy response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Acorn Energy Common on the next trading day is expected to be 18.92 with a mean absolute deviation of 0.83 and the sum of the absolute errors of 49.99.

Acorn Energy after-hype prediction price

    
  USD 18.88  
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 Acorn Energy to cross-verify your projections.

Acorn Energy Additional Predictive Modules

Most predictive techniques to examine Acorn price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Acorn using various technical indicators. When you analyze Acorn 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 Acorn Energy - 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 Acorn Energy 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 Acorn Energy price movement. However, neither of these exponential smoothing models address any seasonality of Acorn Energy Common.

Acorn Energy Triple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Acorn Energy Common on the next trading day is expected to be 18.92 with a mean absolute deviation of 0.83, mean absolute percentage error of 2.10, and the sum of the absolute errors of 49.99.
Please note that although there have been many attempts to predict Acorn 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 Acorn Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Acorn Energy OTC Stock Forecast Pattern

Backtest Acorn EnergyAcorn Energy Price PredictionBuy or Sell Advice 

Acorn Energy Forecasted Value

In the context of forecasting Acorn Energy'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. Acorn Energy's downside and upside margins for the forecasting period are 11.27 and 26.56, respectively. We have considered Acorn Energy'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
18.88
18.92
Expected Value
26.56
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 Acorn Energy otc stock data series using in forecasting. Note that when a statistical model is used to represent Acorn Energy 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 CriteriaHuge
BiasArithmetic mean of the errors -0.178
MADMean absolute deviation0.8332
MAPEMean absolute percentage error0.051
SAESum of the absolute errors49.9946
As with simple exponential smoothing, in triple exponential smoothing models past Acorn Energy 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 Acorn Energy Common observations.

Predictive Modules for Acorn Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Acorn Energy Common. 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
11.2318.8826.53
Details
Intrinsic
Valuation
LowRealHigh
8.3415.9923.64
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.7416.9721.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Acorn Energy. Your research has to be compared to or analyzed against Acorn Energy's peers to derive any actionable benefits. When done correctly, Acorn Energy'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 Acorn Energy Common.

Acorn Energy After-Hype Price Prediction Density Analysis

As far as predicting the price of Acorn Energy 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 Acorn Energy 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 Acorn Energy, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Acorn Energy Estimiated After-Hype Price Volatility

In the context of predicting Acorn Energy's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Acorn Energy's historical news coverage. Acorn Energy's after-hype downside and upside margins for the prediction period are 11.23 and 26.53, respectively. We have considered Acorn Energy'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
18.88
18.88
After-hype Price
26.53
Upside
Acorn Energy is slightly risky at this time. Analysis and calculation of next after-hype price of Acorn Energy Common is based on 3 months time horizon.

Acorn Energy OTC Stock Price Prediction Analysis

Have you ever been surprised when a price of a OTC Stock such as Acorn Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Acorn Energy 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 Acorn Energy, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.15 
7.65
  0.01 
  0.04 
18 Events / Month
5 Events / Month
In about 18 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
18.88
18.88
0.00 
19,125  
Notes

Acorn Energy Hype Timeline

Acorn Energy Common is presently traded for 18.88. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.04. Acorn 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at -0.15%. %. The volatility of related hype on Acorn Energy is about 2751.8%, with the expected price after the next announcement by competition of 18.84. About 19.0% of the company shares are held by company insiders. The company has Price/Earnings (P/E) ratio of 180.0. Acorn Energy Common recorded a loss per share of 0.0. The entity last dividend was issued on the 15th of February 2013. The firm had 2:1 split on the 21st of June 1993. Given the investment horizon of 90 days the next forecasted press release will be in about 18 days.
Check out Historical Fundamental Analysis of Acorn Energy to cross-verify your projections.

Acorn Energy Related Hype Analysis

Having access to credible news sources related to Acorn Energy's direct competition is more important than ever and may enhance your ability to predict Acorn Energy's future price movements. Getting to know how Acorn Energy'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 Acorn Energy 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
LUNALuna Innovations Incorporated(0.04)4 per month 7.11  0  18.18 (14.29) 47.62 
AILEiLearningEngines 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
WSTLWestell Technologies(0.04)19 per month 3.79  0.01  4.66 (6.56) 19.53 
NYWKFNTG Clarity Networks 0.38 4 per month 0.00 (0.13) 7.81 (7.55) 23.70 
VSQTFVictory Square Technologies(1.52)12 per month 0.00 (0.02) 8.00 (8.20) 40.55 
KDCXFKudelski SA 0.00 0 per month 0.00  0.12  0.00  0.00  30.43 
AATCAutoscope Technologies Corp 0.00 0 per month 0.00 (0.12) 1.74 (2.33) 10.08 
SILLFSarine Technologies(1.52)4 per month 0.00 (0.12) 0.00  0.00  57.64 
RAASYCloopen Group Holding 0.00 0 per month 5.66  0.16  20.00 (9.47) 48.89 
EAXRFlint Telecom Group(0.04)4 per month 13.74  0.04  33.33 (33.75) 135.90 

Other Forecasting Options for Acorn Energy

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

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

Acorn Energy Market Strength Events

Market strength indicators help investors to evaluate how Acorn Energy 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 Acorn Energy shares will generate the highest return on investment. By undertsting and applying Acorn Energy otc stock market strength indicators, traders can identify Acorn Energy Common entry and exit signals to maximize returns.

Acorn Energy Risk Indicators

The analysis of Acorn Energy'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 Acorn Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting acorn 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 Acorn Energy

The number of cover stories for Acorn Energy depends on current market conditions and Acorn Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Acorn Energy 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 Acorn Energy'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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Other Information on Investing in Acorn OTC Stock

Acorn Energy financial ratios help investors to determine whether Acorn 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 Acorn with respect to the benefits of owning Acorn Energy security.