ACME Lithium OTC Stock Forecast - Double Exponential Smoothing

ACLHF Stock  USD 0.02  0  9.80%   
The Double Exponential Smoothing forecasted value of ACME Lithium on the next trading day is expected to be 0.02 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.17. ACME OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ACME Lithium's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for ACME Lithium works best with periods where there are trends or seasonality.

ACME Lithium Double Exponential Smoothing Price Forecast For the 29th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of ACME Lithium on the next trading day is expected to be 0.02 with a mean absolute deviation of 0, mean absolute percentage error of 0.000013, and the sum of the absolute errors of 0.17.
Please note that although there have been many attempts to predict ACME 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 ACME Lithium's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ACME Lithium OTC Stock Forecast Pattern

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ACME Lithium Forecasted Value

In the context of forecasting ACME Lithium'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. ACME Lithium's downside and upside margins for the forecasting period are 0.0002 and 12.80, respectively. We have considered ACME Lithium'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
0.02
0.0002
Downside
0.02
Expected Value
12.80
Upside

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 ACME Lithium otc stock data series using in forecasting. Note that when a statistical model is used to represent ACME Lithium 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 7.0E-4
MADMean absolute deviation0.0028
MAPEMean absolute percentage error0.0931
SAESum of the absolute errors0.1663
When ACME Lithium 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 ACME Lithium trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent ACME Lithium observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for ACME Lithium

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ACME Lithium. 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
0.000.0212.80
Details
Intrinsic
Valuation
LowRealHigh
0.000.0212.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ACME Lithium. Your research has to be compared to or analyzed against ACME Lithium's peers to derive any actionable benefits. When done correctly, ACME Lithium'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 ACME Lithium.

Other Forecasting Options for ACME Lithium

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

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 Risk & Return  Correlation

ACME Lithium Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ACME Lithium'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 ACME Lithium's current price.

ACME Lithium Market Strength Events

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

ACME Lithium Risk Indicators

The analysis of ACME Lithium'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 ACME Lithium's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting acme 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.

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Other Information on Investing in ACME OTC Stock

ACME Lithium financial ratios help investors to determine whether ACME 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 ACME with respect to the benefits of owning ACME Lithium security.