Dundee Precious Pink Sheet Forecast - Triple Exponential Smoothing

Dundee Precious Additional Predictive Modules

Most predictive techniques to examine Dundee price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dundee using various technical indicators. When you analyze Dundee 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 Dundee Precious - 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 Dundee Precious 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 Dundee Precious price movement. However, neither of these exponential smoothing models address any seasonality of Dundee Precious Metals.

Dundee Precious Triple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Dundee Precious Metals on the next trading day is expected to be 36.58 with a mean absolute deviation of 0.50, mean absolute percentage error of 0.42, and the sum of the absolute errors of 29.52.

Dundee Precious Pink Sheet Forecast Pattern

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Dundee Precious Forecasted Value

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 Dundee Precious pink sheet data series using in forecasting. Note that when a statistical model is used to represent Dundee Precious 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. As with simple exponential smoothing, in triple exponential smoothing models past Dundee Precious 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 Dundee Precious Metals observations.

Predictive Modules for Dundee Precious

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dundee Precious Metals. 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 Low Estimated High 33.99 36.32 38.65 Details

Intrinsic Valuation Low Real High 35.81 38.14 40.47 Details

Bollinger Band Projection (param) Low Middle High 26.72 31.23 35.75 Details

Dundee Precious After-Hype Price Prediction Density Analysis

Dundee Precious Estimiated After-Hype Price Volatility

Dundee Precious Pink Sheet Price Prediction Analysis

Dundee Precious Hype Timeline

Dundee Precious Metals is currently traded for 36.49. The entity has historical hype elasticity of 0.37, and average elasticity to hype of competition of 0.05. Dundee is expected to increase in value after the next headline, with the price projected to jump to 36.32 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is estimated to be 0.44%, whereas the daily expected return is currently at 0.86%. The volatility of related hype on Dundee Precious is about 3725.81%, with the expected price after the next announcement by competition of 36.54. The company reported the revenue of 641.44 M. Net Income was 210.1 M with profit before overhead, payroll, taxes, and interest of 281.5 M. Assuming the 90 days horizon the next expected press release will be in a few days. Check out Historical Fundamental Analysis of Dundee Precious to cross-verify your projections.

Dundee Precious Related Hype Analysis

Other Forecasting Options for Dundee Precious

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

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