Atlas Lithium Stock Forecast - Triple Exponential Smoothing
| ATLX Stock | USD 5.66 0.22 3.74% |
The Triple Exponential Smoothing forecasted value of Atlas Lithium on the next trading day is expected to be 5.61 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 14.06. Atlas Stock Forecast is based on your current time horizon.
Atlas |
Atlas Lithium Triple Exponential Smoothing Price Forecast For the 7th of February
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Atlas Lithium on the next trading day is expected to be 5.61 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.1, and the sum of the absolute errors of 14.06.Please note that although there have been many attempts to predict Atlas 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 Atlas Lithium's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Atlas Lithium Stock Forecast Pattern
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Atlas Lithium Forecasted Value
In the context of forecasting Atlas Lithium's 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. Atlas Lithium's downside and upside margins for the forecasting period are 1.47 and 9.75, respectively. We have considered Atlas 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.
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 Atlas Lithium stock data series using in forecasting. Note that when a statistical model is used to represent Atlas Lithium 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0431 |
| MAD | Mean absolute deviation | 0.2382 |
| MAPE | Mean absolute percentage error | 0.0334 |
| SAE | Sum of the absolute errors | 14.0557 |
Predictive Modules for Atlas 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 Atlas Lithium. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Other Forecasting Options for Atlas Lithium
For every potential investor in Atlas, whether a beginner or expert, Atlas Lithium's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Atlas Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Atlas. Basic forecasting techniques help filter out the noise by identifying Atlas Lithium's price trends.View Atlas Lithium Related Equities
| Risk & Return | Correlation |
Atlas Lithium Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Atlas 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 Atlas Lithium's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
Atlas Lithium Market Strength Events
Market strength indicators help investors to evaluate how Atlas Lithium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlas Lithium shares will generate the highest return on investment. By undertsting and applying Atlas Lithium stock market strength indicators, traders can identify Atlas Lithium entry and exit signals to maximize returns.
| Accumulation Distribution | 3990.27 | |||
| Daily Balance Of Power | (0.55) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 5.8 | |||
| Day Typical Price | 5.75 | |||
| Price Action Indicator | (0.25) | |||
| Period Momentum Indicator | (0.22) |
Atlas Lithium Risk Indicators
The analysis of Atlas 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 Atlas Lithium's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting atlas 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.
| Mean Deviation | 3.08 | |||
| Standard Deviation | 4.1 | |||
| Variance | 16.84 |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Atlas Stock Analysis
When running Atlas Lithium's price analysis, check to measure Atlas Lithium'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 Atlas Lithium is operating at the current time. Most of Atlas Lithium's value examination focuses on studying past and present price action to predict the probability of Atlas Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Lithium's price. Additionally, you may evaluate how the addition of Atlas Lithium to your portfolios can decrease your overall portfolio volatility.