Bioelectronics Corp Pink Sheet Forecast - Double Exponential Smoothing

BIEL Stock  USD 0.0003  0.0001  50.00%   
The Double Exponential Smoothing forecasted value of Bioelectronics Corp on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.000026 and the sum of the absolute errors of 0. Bioelectronics Pink Sheet Forecast is based on your current time horizon.
  
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 Bioelectronics Corp works best with periods where there are trends or seasonality.

Bioelectronics Corp Double Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Bioelectronics Corp on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.000026, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Bioelectronics 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 Bioelectronics Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bioelectronics Corp Pink Sheet Forecast Pattern

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Bioelectronics Corp Forecasted Value

In the context of forecasting Bioelectronics Corp's 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. Bioelectronics Corp's downside and upside margins for the forecasting period are 0.000003 and 20.56, respectively. We have considered Bioelectronics Corp'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
0.0003
0.000003
Downside
0.0003
Expected Value
20.56
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 Bioelectronics Corp pink sheet data series using in forecasting. Note that when a statistical model is used to represent Bioelectronics Corp 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 CriteriaHuge
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.1013
SAESum of the absolute errors0.0016
When Bioelectronics Corp 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 Bioelectronics Corp 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 Bioelectronics Corp observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Bioelectronics Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bioelectronics Corp. 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 Bioelectronics Corp's 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
0.000.000220.56
Details
Intrinsic
Valuation
LowRealHigh
0.000.000220.56
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00030.00030.0003
Details

Other Forecasting Options for Bioelectronics Corp

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

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

Bioelectronics Corp 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 Bioelectronics Corp'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 Bioelectronics Corp's current price.

Bioelectronics Corp Market Strength Events

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

Bioelectronics Corp Risk Indicators

The analysis of Bioelectronics Corp'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 Bioelectronics Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bioelectronics 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.

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Other Information on Investing in Bioelectronics Pink Sheet

Bioelectronics Corp financial ratios help investors to determine whether Bioelectronics 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 Bioelectronics with respect to the benefits of owning Bioelectronics Corp security.