Alpha Esports Pink Sheet Forecast - Simple Exponential Smoothing

APETF Stock  USD 0.01  0.0001  1.11%   
The Simple Exponential Smoothing forecasted value of Alpha Esports Tech on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.1. Alpha Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Alpha Esports' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Alpha Esports simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Alpha Esports Tech are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Alpha Esports Tech prices get older.

Alpha Esports Simple Exponential Smoothing Price Forecast For the 27th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Alpha Esports Tech on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000466, and the sum of the absolute errors of 0.1.
Please note that although there have been many attempts to predict Alpha 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 Alpha Esports' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Alpha Esports Pink Sheet Forecast Pattern

Backtest Alpha EsportsAlpha Esports Price PredictionBuy or Sell Advice 

Alpha Esports Forecasted Value

In the context of forecasting Alpha Esports' 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. Alpha Esports' downside and upside margins for the forecasting period are 0.000091 and 21.82, respectively. We have considered Alpha Esports' 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
0.01
0.000091
Downside
0.01
Expected Value
21.82
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Alpha Esports pink sheet data series using in forecasting. Note that when a statistical model is used to represent Alpha Esports 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.
AICAkaike Information Criteria103.9957
BiasArithmetic mean of the errors 3.0E-4
MADMean absolute deviation0.0016
MAPEMean absolute percentage error0.1462
SAESum of the absolute errors0.0955
This simple exponential smoothing model begins by setting Alpha Esports Tech forecast for the second period equal to the observation of the first period. In other words, recent Alpha Esports observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Alpha Esports

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alpha Esports Tech. 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 Alpha Esports' 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.
Hype
Prediction
LowEstimatedHigh
0.000.0121.82
Details
Intrinsic
Valuation
LowRealHigh
0.000.0121.82
Details

Other Forecasting Options for Alpha Esports

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

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

Alpha Esports Tech 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 Alpha Esports' 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 Alpha Esports' current price.

Alpha Esports Market Strength Events

Market strength indicators help investors to evaluate how Alpha Esports 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 Alpha Esports shares will generate the highest return on investment. By undertsting and applying Alpha Esports pink sheet market strength indicators, traders can identify Alpha Esports Tech entry and exit signals to maximize returns.

Alpha Esports Risk Indicators

The analysis of Alpha Esports' 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 Alpha Esports' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alpha 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.
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.

Currently Active Assets on Macroaxis

Other Information on Investing in Alpha Pink Sheet

Alpha Esports financial ratios help investors to determine whether Alpha 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 Alpha with respect to the benefits of owning Alpha Esports security.