Bunker Hill OTC Stock Forecast - Simple Exponential Smoothing

BHLL Stock  USD 0.21  0.01  4.55%   
The Simple Exponential Smoothing forecasted value of Bunker Hill Mining on the next trading day is expected to be 0.21 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.25. Bunker OTC Stock Forecast is based on your current time horizon.
  
Bunker Hill 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 Bunker Hill Mining are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Bunker Hill Mining prices get older.

Bunker Hill Simple Exponential Smoothing Price Forecast For the 29th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Bunker Hill Mining on the next trading day is expected to be 0.21 with a mean absolute deviation of 0, mean absolute percentage error of 0.000063, and the sum of the absolute errors of 0.25.
Please note that although there have been many attempts to predict Bunker 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 Bunker Hill's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bunker Hill OTC Stock Forecast Pattern

Backtest Bunker HillBunker Hill Price PredictionBuy or Sell Advice 

Bunker Hill Forecasted Value

In the context of forecasting Bunker Hill'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. Bunker Hill's downside and upside margins for the forecasting period are 0 and 4.96, respectively. We have considered Bunker Hill'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
0.21
0.21
Expected Value
4.96
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 Bunker Hill otc stock data series using in forecasting. Note that when a statistical model is used to represent Bunker Hill 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 Criteria106.6066
BiasArithmetic mean of the errors -0.0016
MADMean absolute deviation0.0042
MAPEMean absolute percentage error0.025
SAESum of the absolute errors0.2544
This simple exponential smoothing model begins by setting Bunker Hill Mining forecast for the second period equal to the observation of the first period. In other words, recent Bunker Hill observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Bunker Hill

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bunker Hill Mining. 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
0.010.214.59
Details
Intrinsic
Valuation
LowRealHigh
0.010.164.54
Details

Other Forecasting Options for Bunker Hill

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

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

Bunker Hill Mining 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 Bunker Hill'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 Bunker Hill's current price.

Bunker Hill Market Strength Events

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

Bunker Hill Risk Indicators

The analysis of Bunker Hill'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 Bunker Hill's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bunker 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Prophet

Other Information on Investing in Bunker OTC Stock

Bunker Hill financial ratios help investors to determine whether Bunker 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 Bunker with respect to the benefits of owning Bunker Hill security.