Black Iron Stock Forecast - Simple Exponential Smoothing
| BIN Stock | 0.09 0.01 19.72% |
The Simple Exponential Smoothing forecasted value of Black Iron on the next trading day is expected to be 0.09 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.14. Black Stock Forecast is based on your current time horizon.
The value of RSI of Black Iron's stock price is slightly above 60 suggesting that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Black, making its price go up or down. Momentum 60
Buy Extended
Oversold | Overbought |
Using Black Iron hype-based prediction, you can estimate the value of Black Iron from the perspective of Black Iron response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Black Iron on the next trading day is expected to be 0.09 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.14. Black Iron after-hype prediction price | EUR 0.09 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Black |
Black Iron Additional Predictive Modules
Most predictive techniques to examine Black price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Black using various technical indicators. When you analyze Black charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Black Iron Simple Exponential Smoothing Price Forecast For the 23rd of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Black Iron on the next trading day is expected to be 0.09 with a mean absolute deviation of 0, mean absolute percentage error of 0.000012, and the sum of the absolute errors of 0.14.Please note that although there have been many attempts to predict Black 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 Black Iron's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Black Iron Stock Forecast Pattern
| Backtest Black Iron | Black Iron Price Prediction | Buy or Sell Advice |
Black Iron Forecasted Value
In the context of forecasting Black Iron'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. Black Iron's downside and upside margins for the forecasting period are 0.0008 and 5.01, respectively. We have considered Black Iron'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Black Iron stock data series using in forecasting. Note that when a statistical model is used to represent Black Iron 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 | 104.9731 |
| Bias | Arithmetic mean of the errors | -3.0E-4 |
| MAD | Mean absolute deviation | 0.0023 |
| MAPE | Mean absolute percentage error | 0.0311 |
| SAE | Sum of the absolute errors | 0.1355 |
Predictive Modules for Black Iron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Black Iron. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Black Iron'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.
Black Iron After-Hype Price Prediction Density Analysis
As far as predicting the price of Black Iron at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Black Iron or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Black Iron, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Black Iron Estimiated After-Hype Price Volatility
In the context of predicting Black Iron's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Black Iron's historical news coverage. Black Iron's after-hype downside and upside margins for the prediction period are 0.00 and 5.02, respectively. We have considered Black Iron's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Black Iron is out of control at this time. Analysis and calculation of next after-hype price of Black Iron is based on 3 months time horizon.
Black Iron Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Black Iron is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Black Iron backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Black Iron, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.44 | 4.93 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.09 | 0.09 | 5.88 |
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Black Iron Hype Timeline
Black Iron is currently traded for 0.09on Stuttgart Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Black is anticipated to increase in value after the next headline, with the price projected to jump to 0.09 or above. The average volatility of media hype impact on the company the price is insignificant. The price appreciation on the next news is anticipated to be 5.88%, whereas the daily expected return is currently at 0.44%. The volatility of related hype on Black Iron is about 0.0%, with the expected price after the next announcement by competition of 0.09. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Black Iron to cross-verify your projections.Black Iron Related Hype Analysis
Having access to credible news sources related to Black Iron's direct competition is more important than ever and may enhance your ability to predict Black Iron's future price movements. Getting to know how Black Iron's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Black Iron may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| APC | Apple Inc | 0.00 | 0 per month | 0.00 | (0.17) | 2.04 | (1.75) | 5.97 | |
| APC | Apple Inc | 0.00 | 0 per month | 0.00 | (0.14) | 1.61 | (2.29) | 9.13 | |
| APC | Apple Inc | 0.00 | 0 per month | 0.00 | (0.16) | 1.75 | (2.06) | 9.59 | |
| APC | Apple Inc | 0.00 | 0 per month | 0.87 | (0.05) | 1.77 | (1.66) | 7.70 | |
| MSF | Microsoft | 0.00 | 0 per month | 0.00 | (0.27) | 2.06 | (2.56) | 5.57 | |
| MSF | Microsoft | 0.00 | 0 per month | 0.00 | (0.23) | 2.26 | (2.91) | 6.19 | |
| MSF | Microsoft | 0.00 | 0 per month | 0.00 | (0.18) | 1.66 | (3.32) | 6.86 | |
| MSF | Microsoft | 0.00 | 0 per month | 0.00 | (0.26) | 2.02 | (2.68) | 5.65 |
Other Forecasting Options for Black Iron
For every potential investor in Black, whether a beginner or expert, Black Iron's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Black Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Black. Basic forecasting techniques help filter out the noise by identifying Black Iron's price trends.Black Iron 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 Black Iron stock to make a market-neutral strategy. Peer analysis of Black Iron could also be used in its relative valuation, which is a method of valuing Black Iron by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Black Iron Market Strength Events
Market strength indicators help investors to evaluate how Black Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Black Iron shares will generate the highest return on investment. By undertsting and applying Black Iron stock market strength indicators, traders can identify Black Iron entry and exit signals to maximize returns.
Black Iron Risk Indicators
The analysis of Black Iron'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 Black Iron's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting black 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 | 3.69 | |||
| Semi Deviation | 4.1 | |||
| Standard Deviation | 5.55 | |||
| Variance | 30.81 | |||
| Downside Variance | 39.33 | |||
| Semi Variance | 16.79 | |||
| Expected Short fall | (6.12) |
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.
Story Coverage note for Black Iron
The number of cover stories for Black Iron depends on current market conditions and Black Iron's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Black Iron is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Black Iron's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Black Stock Analysis
When running Black Iron's price analysis, check to measure Black Iron'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 Black Iron is operating at the current time. Most of Black Iron's value examination focuses on studying past and present price action to predict the probability of Black Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Iron's price. Additionally, you may evaluate how the addition of Black Iron to your portfolios can decrease your overall portfolio volatility.