COMSovereign Holding Pink Sheet Forecast - Triple Exponential Smoothing

COMS Stock  USD 0  0.0005  23.81%   
The Triple Exponential Smoothing forecasted value of COMSovereign Holding Corp on the next trading day is expected to be 0 with a mean absolute deviation of 0.0008 and the sum of the absolute errors of 0.05. COMSovereign Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of COMSovereign Holding's share price is below 20 suggesting that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of COMSovereign Holding's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of COMSovereign Holding and does not consider all of the tangible or intangible factors available from COMSovereign Holding's fundamental data. We analyze noise-free headlines and recent hype associated with COMSovereign Holding Corp, which may create opportunities for some arbitrage if properly timed.
Using COMSovereign Holding hype-based prediction, you can estimate the value of COMSovereign Holding Corp from the perspective of COMSovereign Holding response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of COMSovereign Holding Corp on the next trading day is expected to be 0 with a mean absolute deviation of 0.0008 and the sum of the absolute errors of 0.05.

COMSovereign Holding after-hype prediction price

    
  USD 0.00151  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of COMSovereign Holding to cross-verify your projections.

COMSovereign Holding Additional Predictive Modules

Most predictive techniques to examine COMSovereign price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for COMSovereign using various technical indicators. When you analyze COMSovereign 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.
Triple exponential smoothing for COMSovereign Holding - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When COMSovereign Holding 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 trend in COMSovereign Holding price movement. However, neither of these exponential smoothing models address any seasonality of COMSovereign Holding Corp.

COMSovereign Holding Triple Exponential Smoothing Price Forecast For the 3rd of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of COMSovereign Holding Corp on the next trading day is expected to be 0 with a mean absolute deviation of 0.0008, mean absolute percentage error of 0.00000301, and the sum of the absolute errors of 0.05.
Please note that although there have been many attempts to predict COMSovereign 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 COMSovereign Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

COMSovereign Holding Pink Sheet Forecast Pattern

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COMSovereign Holding Forecasted Value

In the context of forecasting COMSovereign Holding'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. COMSovereign Holding's downside and upside margins for the forecasting period are 0.000016 and 67.29, respectively. We have considered COMSovereign Holding'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
0.000016
Downside
0
Expected Value
67.29
Upside

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 COMSovereign Holding pink sheet data series using in forecasting. Note that when a statistical model is used to represent COMSovereign Holding 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 3.0E-4
MADMean absolute deviation8.0E-4
MAPEMean absolute percentage error0.4707
SAESum of the absolute errors0.0493
As with simple exponential smoothing, in triple exponential smoothing models past COMSovereign Holding observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older COMSovereign Holding Corp observations.

Predictive Modules for COMSovereign Holding

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COMSovereign Holding 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.
Hype
Prediction
LowEstimatedHigh
0.00050.08
Details
Intrinsic
Valuation
LowRealHigh
0.00050.08
Details

Other Forecasting Options for COMSovereign Holding

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

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

COMSovereign Holding 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 COMSovereign Holding'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 COMSovereign Holding's current price.

COMSovereign Holding Market Strength Events

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

COMSovereign Holding Risk Indicators

The analysis of COMSovereign Holding'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 COMSovereign Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting comsovereign 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for COMSovereign Pink Sheet Analysis

When running COMSovereign Holding's price analysis, check to measure COMSovereign Holding'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 COMSovereign Holding is operating at the current time. Most of COMSovereign Holding's value examination focuses on studying past and present price action to predict the probability of COMSovereign Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COMSovereign Holding's price. Additionally, you may evaluate how the addition of COMSovereign Holding to your portfolios can decrease your overall portfolio volatility.